Om Namah Shivay Brothers, I was studying and preparing the nifty structure last week. and kept it wondering what will be the next possibility, to go down ? And if there is good news, in between go down means, gap down. If we check now, it is at the resistance point, if it moves above it, then next trend line will be the target. Brothers, Structure of market...
NIFTY MIDCAP idex is at important support zones in its life long chart. trendline supports in red and support zones in blue are marked... be cautious..
ACC PULL BACK OR IF SUPPORT BROKEN IT FALLS
IF BREAKS RECENT LOW LIKELY TO GO DOWN TO 1645
RSI is near 2008 lows. we may see some relief rally but more than 90% chance is we may test the recent low in coming weeks.
THIS IS NOT A RECOMMENDATION JUST A VIEW... FEEL FREE TO SHARE YOUR VIEWS.. LONG ABV 8750 OR SHORT BELOW 8515
Educational purposes
Om Namah Shivay Trying to practice structure on another stock where the structure are expecting to be linear and not complicated. After trying to read so much about market analysis with indicators, algos, fancy things - Tried to go basics. And truly Wyckoff is to the basics without fancy. Trying to learn Support and resistance lines and when support is...
let's see how dis weekly support work..keep your eyes on dis coz if support level broke den we will see deep low in coming days..
HDFCBANK with in a triangle u can say. which way? up or down? break of either trndline, decides next move..
Educational purposes