Well we are in a correction mode. Past statistics shows almost when ever June high of nifty out smarts January high rest of the year it used to be bullish(In most cases) No doubt nifty is correcting for super rich taxation but for how long? Grab the valuable stocks at near the PRZ zone,don't mistake it is a bear market. Most valuable stocks will be available at...
Look for entry at these important levels and TL
One more confluence in Nifty along with previous posted Bat pattern
Query : View about NCC Answer : Weekly & daily charts confirm the down trend. If price goes below 86, then it will reach the next support at 81, 76 & 68. Note : Post written as a reply for the query from a regular follower.
Price action is nearing the support at 530 - 535 level.
Expecting more fall in Kotak since the markets are bearish as well. At-least till PRZ for any signs of reversal
Axis Bank was trading in a rising trend channel. The stock moved within the channel and got rejected within the similar range at around 820 forming a double top. The stock first broke through the rising trend channel support at around 770 and followed it up with a retracement to the support line. The stock then broke below the double top neckline at 760. The...
nifty support broken next support 11200
NIFTY on the log scale has trendline support as shown, if broken the long term upmove might negated for some time to come
Charts just can't be any more beautiful than this
If you try to look carefully, you will know that. 1. Flag patterns 2. Overlapping and Result of it Thought we are going to focus today only a few points, the Red Flag pattern is predicted and there is not overlapping still. From both these, concluded that we are going to see a big fall soon. I am till not confirm.