In this video i have tried to explain why the media index looks interesting at current levels. this video has multiple studies like harmonics, chart patterns and moving averages which i expect will appeal interesting to others.
Due to corona, this is a bad phase for the market but Nifty shows potential to go up. It close over where it opened today. It means that it wants to go long. Bulls are looking in power. Nifty had tested the support at 14267 three times but did not break it even once. It is making here strong support. Nifty may give gap down opening but potentially it will up. This...
In this video I have tried to show some interesting aspects about Nifty, Banknifty and Nifty Metal Index. Also, i have discussed few of the interesting stock setups which an individual can use for studying.
NIFTY in a triangle pattern in 1W timeframe. Coming week is crucial as we can either see a breakout or breakdown. Looking at the chart, the chances are more for a breakout therefore I'm bullish on nifty for the coming 1-2 weeks and will be looking to search for positional trades.
keep this on the watchlist .. with a spike in volume this can go further for BO.
chart analysis should be simple and clear, never force yourself to find patterns and opportunities.
Learn to Earn...
Disclaimer: for education purposes only.
Dt. - 03-03-2021
As you can see from the forecasts, in the forecast the index took more than 2 years to reach the target from the bottom and in the second forecast that is after the market crash becoz of COVID-19, the index took less than a year to reach the same target from the same bottom. Share ur views on this.