Confusing NIFTY: What Heikin Ashi, Ichimoku Combo Suggests ?
Updated
NIFTY View in Heikin Ashi & Ichimoku perspective & different time frame.
All mentioned on Chart (time frame 4 hour)
NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 1 hour
NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 2 hour
Conclusion: Sell on rally, for Target: 9858, 9822, 9792.
Once reached 9792, possibility of bounce / DN trend confirmation.
Upside restricted to 9965 level as strong Supply Zone.
All mentioned on Chart (time frame 4 hour)
NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 1 hour
NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 2 hour
Conclusion: Sell on rally, for Target: 9858, 9822, 9792.
Once reached 9792, possibility of bounce / DN trend confirmation.
Upside restricted to 9965 level as strong Supply Zone.
Note
As mentioned "Sell on rally, for Target: 9858, 9822, 9792"NF made LOW @ 9821
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