No view. It is just part of a discussion. So just archiving a good chart and sharing if it is useful for someone else.
The previous swing high is 11800. There are two unfilled fresh gaps shown in the chart and we know that markets don't like gaps, thus eventually fill it. Is this the top of the market for the current period?? Will nifty successfully break the 11800 levels???
ASHOK LEYLAND IN TIGHT RANGE BUT STAYING ABOVE 50 MA...EXPECTING HIGH PRICES IN COMING DAYS IF SUSTAINS THIS AREA
BHARTI AIRTEL LOOKING FOR LONGS AFTER BREAKOUT WITH HEAVY VOLUMES
NIFTY is not going to cross 12000 before Dec 20. It will go again below 11000 before crossing 12000.
Exactly at support price of 796 and respecting 20 ema from long. And made a hanging man a sign of trend reversal it can go up to 900 .... i.e, please do your own method of analysis while investing.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of...
DISCLAIMER:There is no guarantee of profits nor exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while taking any investing/Trading decisions. Past performance is not an indicator of future returns. Investment/trading is subject to market risks. Seek help of...