Trend Line Analysis Nifty 50 24/12/20201) Critical Support 13580
2) Critical Resistance 13780
3) Forming Pattern - Double Top
4) Upper Trading Zone 13790 - 13970 Stop Loss 20 Points Target 180 Points +/-50
5) Lower Trading Zone 13590 - 13390 Stop Loss 20 Points Target 200 Points +/-50
6) Risk to Reward Raio 1:5
7) Strict No Trading Zone 13580-13780
Disclaimer : All Views are Personal And Educational Purpose Only. You are exclusively responsible for your Profits and Losses. Use them with your own Risk.
A-trend
NIFTY FALL TILL 12200 ? OPPERTUNITY OR TRAP?IDEA and analysis is my personal view, take advice from your financial planner before any investment decision.
All needy things mentioned on chart and my previous bank nifty analysis.
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Happy investment😊
WILL GO DOWN OR RUN UP ? bank nifty view continuation CONTINUATION TO IDEA POST OF HOURS AGO 🕵️♀️
VIEW ON CLOSE 👉
INDEX TOO DIDNT JUMP OFF THE TRAIN
TOOK STOPPAGE (CLOSED) @ THE SUPPORT STATION (TRENDLINE)
WILL THIS TRAIN TAKE A U TURN N GO DOWN TOWARDS KANYA KUMARI OR RUN UP TOWARDS KASHMIR ???
🤦♂️THIS CLOSE MAKES IT MORE INTERESTING EXPIRY DAY 🤦♀️
BELOW IS THE PREVIOUS CHART FOR REFERENCE 👇👇👇
Asian paint stock studyI have been studying stocks for the past couple of months (6 months) to be precise, and have been learning different types of chart techniques.
Have been looking at the Asian Paints stock for study purposes and this is something that caught my eye.
If we consider the uptrend that the stock has been doing and, look at the short term downtrend, can this be considered as a breakout?
Please, note that I am not a professional trader, and am looking just for increasing my knowledge before I step into trading.
All comments are welcome.
CIPLA bearish trendlineTrendline and the specially designed volume action analysis suggest a Bearish run on the CIPLA.
The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region.
This is my NEXT week analysis on CIPLA two resistance line are there with good volume supporting the bearish view.
will give follow back to all the followers.
Please comment and let me know about my analysis, Follow for more analysis.