Nifty could not sustain 9000. This shows extreme bearishness. Next halt will be 7000. Might take a break around 7500.
Bullish if 7710 with Green Candle & Bearish near to 8175 as it is main resistance over long period . As it educational idea not trading advice. Do your own research and share to.
SellingZone - 4350 - 4400 SL - 4525 Target - 3800
I have plotted only motive phase & will update for corrective phases. I think NIFTY will make the bottom around the 6800 zone. While forecasting the exact bottom is nearly impossible but we can use it to take short term positional trade. In two of my previous Nifty 50 charts, I have described how bearish candlestick is forming near Elliott wave 4. This further...
Hi Folks , Just Dial is it trading at discount or price is seriously Damaged ?
17 April 2020: Hanging man candlestick formation. 20 April 2020: Bearish engulfing Candlestick formation. 21 April 2020: Gap down opening - signifies strong sellers Probable support @ 8500 & 9100 has strong resistance (Refer option chain) Fibonacci Retracement : A:B:C Note: There will be some retracement but the overall trend looks negative for short term.
Previously, we saw a bevel pattern on the Dow and SP. Now we may have the continuation of the bearish movement.
BIOCON has just formed a DOUBLE TOP and look out for reversal from this level.
Dmart forming continues negative Divergence. Price will start falling if it can't hold the high if 2500-2400. Trade with stop loss. Once close below 1700 it will easily fall to 1000 or much lower level.
CONCOR - is trading in range from past 5 trading sessions. Breaking range will take Concor further downside. Watchout - if breaks 366 - clear short
Bearish Wolfe Wave Pattern on hourly chart. Wait for a proper breakdown of the level. NSE:AXISBANK
NSE:CUMMINSIND Short opportunity can be confirmed if price cross down Vwap. Bearish divergence observed. not suggested to go against VWAP.