COX_KINGS failed to participate in the recent market rally, continues to fall with increased volumes, Further downside possible. Not the time for bottom fishing, short sellers can keep in watch list.
Selling in Nifty & Bank Nifty The Two Major Indices are expected to have a substantial bearish breakdown as the RSI indicator shows Index making lower Highs, However the Price making Higher highs indicating bearish divergence. NIFTY 50 is expected to move lower once it breaks the trendlines. WE EXPECT THE BEARS TO GET STRONGER ONCE THE INDEX MOVES BELOW 11,550.
The Index makes higher highs and the RSI Indicator forms lower highs indicating a bearish/negative divergence. BANK NIFTY EXPECTED TO HAVE SHARP BEARISH MOVE ONCE IT MOVES BELOW 29,550 . The Index expected to fall before the election result!!!!!!!!!!!
attempt at drawing trend lines and support lines. my conclusion is bearish as levels shown. it formed a head and shoulder like pattern in higher time-frame.
UPL attempted drawing trend lines. I'm horrible at it, but it works like charm for other traders. Great to join this community of TradingView. Thanks all.
hi traders indial bulls looking weak .....go for short it is breaks suports your target will be 729..enjoy the trade ....if it breaks trend line see for the volume it volume is more go for long . thank you
Found a strong bearish engulfing @ the resistance. Levels mentioned in the chart and target 382 can be achieved in 2 to 4 days. One can try some decent bucks in Futures.
