AXISBANK is at strong monthly supports in long term charts. todays low is key for this month close or weekly close. Daily charts show extreme oversold conditions
This is making Higher highs on daily charts from Jan-2020, currently stock is near to it's resistance zone, either it could consolidate or rally further between this resistance and support levels, since stock has made a gapup near to its support zone, which may eventually retrace it. Support and resistance levels were mentioned in chart.
Reliance has formed a clear Bearish Engulfing on the weekly charts, with a triple top on Daily charts. looks like pretty bearish..
All levels are marked on the chart. All Charts are for educational purposes. Non-advisory, discretional.
as described in charts.. (Risk is little higher)
as described in charts..
#NIFTY #SPOT #DAILY # CHART: Friday Nifty Price Has Broken Down and Closed 20 EMA which is 1st sing of losing bullies momentum. Nifty can hold 11800 levels as it is the 1st Support area on the chart and also option chain showing good built upon 11800 CE. Today we will be at selling side of in index till we reach 11800 marks.
As the RSI charts are (specially the 21 period one) is far less volatile or noisy than the price movement chart, it is easier to determine its trend using the trend lines. the attached silver RSI chart shows how trend lines can be drawn on RSI and a fair idea of price movement can be drawn.
Brothers, The first Nifty Astro Roadmap chart This is drawn with a 1 minute chart and then shown on 15 min chart. It looks nice and beautiful. See how time and price square at what angle. This is a learning chart. The 1 minute chart is in.tradingview.com Note: I am a soul the son of Supremesoul Parampita Shiva. I amaround 2 months into trading and...
SBI may have formed dark cloud cover on daily chart.. confirmation will be after tomorrows candle. todays high will be crucial levels..
Nifty is forming negative divergence on weekly charts.. and unable to sustain at 12000 levels.. expecting further correction..
What is a trendline A trendline is a straight line that connects two or more price points. Extending this line into the future, it also acts as a line of support or resistance. There are two types of trendlines—the up trend and the down trend. Trendline Rule The general rule in technical analysis is that it takes two points to draw a trend line and the third...
NIFTY RSI is making lower on Daily charts.. something to watch out for
Hello, Please find all the levels in the chart:- The market may be volatile because of VOX @ 26. -If NF will sustain above 11690 to 11700 then go long with SL: 11680 for the target of 11750-11780 - If NF manage to sustain below 11700 then go short with SL: 11715 for the target of 11650 - 11600-11590 Interesting thing is that there is a gap in NF from 11420 to...
Just see the chart....
Is Bank Nifty repeating the pattern ? Please refer to the circled portion of the chart..