💢Beat One's Brain Out💢
✔ There's an elephant in the room.
✔ expecting good future.
✔ Interesting business.
✔ Company is almost debt free.
✔ Can see double bottom in monthly frame.
✔ Can see pennant / symmetrical triangle in day frame.and almost near to BO.If it go down,just avoid and wait for a good opportunity.
One day chart 👇👇
Structure looks quite appealing.
- Up move has rising volume with the corrective arm having below average volume per say. It looks more like a Bullish Wedge pattern in making.
- The potential support region is placed around 1160-1171 with multiple confluences converging i.e. 200 EMA along with 38.2% Fibonacci level.
- The recent up move blast has...
Nifty - Technical Analysis:
-Nifty was up 21.10 points or 0.19% at 11,355.
-It gapped down today and dropped to 11250 but bounced back from the support and closed postive.
-Nifty forms a doji again on daily chart indicating indecision in markets. Swing traders are advised to take their profits and wait for further levels before taking positions.