Today I was expecting a bullish move and it was but in last hour we saw selling pressure from 11946 level and my resistance level was 11926. Now on the daily chart it has formed long upper shadow with little body. @What next? By looking at the daily candle of today, I am bit bearish because there is a resistance on weekly chart and 11926 is the weekly...
@18/OCT/2019 On previous trading session nifty gave a good intraday move. And it made high of near around 11695. @Weekly Analysis Since previous two week we saw a bullish movement. @Tomorrow- Today exit poll announced in Maharashtra and it going into the favour of BJP and market may be looking it as a good sign and expecting a stable government. Market may...
As expected, () nifty gave a slow move towards upside and the same we expected. @Today It broke the channel but was not able to sustain above it and came back in channel at the end of the day by forming the upper shadow, this upper shadow shows the sellers strength at the level. one more important point that we can observe here is, almost equal no of sellers and...
Yesterday we witnessed much volatile day, sharp upside and then a sudden fall. while upside most of the trader has trapped but those who were looking on 15 min candle it was clearly indicating a fall but nobody has expected the sharp fall. @MONDAY Now what is going to happen on Monday. Still I am looking for a bullish day, Yesterday we saw a sharp rejection...
NIFTY 50 2018 RECAP nifty 50 performed only + 3.29 % for the whole year, in which 28th august 2018 top 11760.20 consider to the year top where as 23th march 2018 low 9951.90 consider to be year low. nifty completed (+ or -) 1808.20 pips which seems to be range bound, for the upcoming year 2019 if nifty 50 breaks 28th august 2018 top: 11760.20 and sustains above...