As marked accumulation and distribution in the chart, SBIN is in distribution Zone.
NSE:CEATLTD An head and shoulders pattern found in CEATLTD chart in months time frame. So one could expect a fall in the next few months time Disclaimer: This analysis is for educational purposes only
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PLEASE READ THE CHART FOR STUDIES
FOLLOW THE SYSTEM AS YOUR KNOWLEDGE
As per the pattern, dollar might show a steep rise (60-85° angle) in near future. As per the known situations, in long term dollar may face a sharp fall but before that if the pattern breaks out on chart, dollar can witness a sharp bullish rally for a short term. This explanation is only for educational purpose and isn't any kind of recommendation. Don't take...
Chart is clear
still room left for correction around 980-1050 >>It has clearly negative divergence on monthly chart(big time frame) and low volume lifetime high >> nifty has same negative divergence >> whenever you find on big time frame just pull your hand for buying because sooner or later it will plays out! >> this is for investor only because traders do not have such long...
Hello, Nifty has broken the major demand zone @ 11915-11930. Now the short term chart is damaged. On Saturday Nifty closed @ its major demand zone @ 11595-11640. Sustain below this zone another 80-125 points downside range will open and it may test 11520 and 11490-11480 zone. On the upside first supply zone @ 11710-11720. I want to see its trading range on...