JPALANISAMY

NIFTY 50

Education
NSE:NIFTY   Nifty 50 Index
• Weekly chart - There were price rejection from 9540 to 9973
• Daily chart - Long bullish marubozu candle from Support level 9540 to near the psychological resistance level (10000).
• In 1hr- After giving the target of Head and Shoulder Pattern, Now the market re-enter in to the Flag pattern.
• The Market at important resistance Leve-10000
• Break-Out may lead the market
• For Upside Move-10140 & 10270 act as Resistance
• For Downside Move -9800 & 9550 act as Support.
Comment:
RSI at 50 & 60 level for 1 Hr. & Day chart
This is the level, where the market take turn most-off the time.
Comment:
Go for Shot
SL-9910
TGT-9700
Comment:
Revise ur SL 9800
Trade active
Comment:
Untill Now an Spike Pattern Visiable in chart.
This is Trend Reversial Pattern
More Downside ahead
Comment:
Book ur Gain
Comment:
Expected Sideways in the level 9720 to 9800
Trade closed: stop reached
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