As expected it has declined to 50 from its highs. It has very strong support between 47-50. Sustaining below these levels could take it all the way back to 30-20, which in turn would be good for equities as a falling vix gets stability which leads to a calm recovery in terms of both PRICE & TIME, so what is being perceived a quick bear rally could turn out to be a...
2000 BEAR MARKET Can you spot the rhythm in the declines here
It is attempting a breakout as per Ichimoku in hourly time frame, which also happens to be a weekly resistance. If it manages to give an hourly close above 335 then it could test 370 and above that 425. View would negate below 315
ALREADY POSTED MONTHLY CHART *IF BREAKS R1 IT WILL GO UP TO R2 *DAILY FIB RETRACING LEVEL 61.8 AS A STRONG RESISTANCE
IF BREAKES R1 THEN WE EXPECTED R2 & FIB RETRACING AREA 61.8% WORKING AS A STRONG RESISTANCE
* IN SUPPLY ZONE AS EXPECTED NIFTY FALL AGAIN * IF CLOSE DAILY CANDLE ABOVE SUPPLY ZONE THEN EXPECTED UPTREND
These are tough & stressful times both in India & worldwide. As if the pain of lockdown (which is absolutely necessary & in all likelihood will be extended) is not enough, many are faced with the prospect of either salary cuts or layoffs. It's very easy to feel down & depressed. But testing times like these demand even more focus as an investment expert just...
These are tough & stressful times both in India & worldwide. As if the pain of lockdown (which is absolutely necessary & in all likelihood will be extended) is not enough, many are faced with the prospect of either salary cuts or layoffs. It's very easy to feel down & depressed. But testing times like these demand even more focus as an investment expert just...
These are tough & stressful times both in India & worldwide. As if the pain of lockdown (which is absolutely necessary & in all likelihood will be extended) is not enough, many are faced with the prospect of either salary cuts or layoffs. It's very easy to feel down & depressed. But testing times like these demand even more focus as an investment expert just...
These are tough & stressful times both in India & worldwide. As if the pain of lockdown (which is absolutely necessary & in all likelihood will be extended) is not enough, many are faced with the prospect of either salary cuts or layoffs. It's very easy to feel down & depressed. But testing times like these demand even more focus as an investment expert just...
Yesterday's Hourly Bearish Alt Shark did its min expected retracement of 38% till 8700 approx. Currently the set up suggests 9600 approx where three Bearish Harmonic Patterns are emerging. It also happens to be the 50% retracement of the Monthly Alt Shark reversal. Even as per Ichimoku the same zone 9600-9800 will act like a tough resistance. Markets seldom give...