Nifty has given a green candle after a fall of more than 3% in the week. It is given a retracement after the fall and the fall may continue as global sentiment are also showing negativity. Moving averages are also showing bearishness as nifty has closed below Weekly 20 ema but took support from daily 200 ema. If the daily level is broken, selling may...
Nifty has given a nice bullish move of 2% on the weekly charts and has closed above 19800 levels. There is a nice bullish marubozu candle on the weekly charts and it has come after a consolidation. On the daily charts, market hit our targets on 19850 and reversed after hitting the target and has closed 92 points high forming a doji candle on the high. Nifty...
Again nifty after a gap up opening couldn't sustain above the 20 ema and in the second half of the trading session came for selling, closing flat. On the hourly time frame, market took support from 200 ema and showed some positivity but couldn't sustain and came for selling closing below both the moving averages. Market has reversed after testing the 61.8% fib...
nifty major levels for tomorrow in my view major support and resistance lets see how these will work tomorrow these or my 1st chart analysis posting
waiting for continuation....... lets see whether global sentiments support or it will fail to move up.........
trading will be done on the bases of demand supply zones
Banknifty 1 h timeframe there is a trensline if price trade below this trendline then we can see a fall of almost 500 points and if market sustain above 41200-41300 then it will stable
There is a probability of 5-0 pattern on Nifty hourly.. Hence if its unfolds, the recent pullback in NSE:NIFTY may extend to 9872- 9900 levels