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reshmi_chauhan1
May 26, 2020 6:40 AM

On "NIFTY" Chart weekly time frame analysis: 

Nifty 50 IndexNSE

Description

Current Situation:
Nifty is trying to move up But, Gravitation pull back is strong

Direct fall Because of bad news. NEWS plays a very vital role in the market condition.

From Year 2008 Following the same channel till now.

Falling range 1260-7474 =" -6,214"

"Value area" it is called as where the trading most happen.

"No Trading Activity" is where no trade done.

Break the channel because of the news, and again pull back price near the channel.
Comments
Leonardus300
What is the position?
Leonardus300
Keep it up Reshmi!
unsethi
Eagerly waiting for your next update.
vsureshbabu
hi mam
very nice and good analysis...as well as good informaton. mam
Gautham_mel
Hi... How to learn these price action patterns... How to get ur post notifications... Iam new to this... Thank u
singhharkirat87
Nice analysis
reshmi_chauhan1
aman3101998
Good work
reshmi_chauhan1
@aman3101998, thank-you dear
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