NIFTY monthly chart analysis -Game of moving averages

Sep 28, 2018

NIFTY monthly chart analysis -Game of trendlines


PS: Sorry for the cluttered chart :D

Oct 3, 2018

Note

.
10850 broken we can expect Nifty to move towards 10280-10300 levels.

Oct 3, 2018

Note

Nifty is at support and could test 200 day SMA soon

Oct 4, 2018

Note

Nifty opened below 200 day SMA. If it closes below 10777 if could fall towards 10420-10350 soon

Oct 5, 2018

Note

Nifty made 10420 today. Was expecting a bounce at 10500 before falling towards 10420. However Nifty fell swiftly and reached the levels we were expecting.
10335-10350 could be the next destination as long as Nifty doesn't cross above 10550

Oct 5, 2018

Note

10335-10350 done.