Nifty has formed a bearish bat pattern id stays below 17750..
Also Cloud resistance can be seen on daily on ichimoku.
Drop can come to 17350 200 levels
stop loss 17750 above
On weekly Charts nifty looks at suppor on cloud.. Looks like can give a reversal from here..
Buy with stop loss of closing below 16850 or 16950 if less risk..
targets 17350 17630 17890
Greetings. Tradors,
Today we went to the ichimoku indicator and will tell that in perfect.
We have shown two lines here, one is red and blue which is red one is Kijun Sen and one is a blue line is called Tekken Sen.
When the blue line crosses the red line upwards, the movement of the market is up
And when the blue line crosses the downside of the red line, the...
NSE:ASHOKA
Only for education and information purpose. Should not be taken as a trading call
IN this script we may see its trading in a channel and as it's now taking the support of the lower channel along with the previous demand zone supported by the formation of a harmonic pattern so we may see a good move upside where probably resistance will be from 128 to...
Nifty 50 index managed to close on a positive note yesterday. In this 15-minute chart, the price is current positioned just below the cloud. A breakout and retest of this level could push the index to the 75-minute resistance level of 8,065.
A close above 8,065 in the 75-minute chart would be a strong signal of a possible short-term rally to 8,250-8,300 zone...
