Niftydefence

Nifty Defence: Watch for Breakout or Pullback 📈 Uptrend still intact but price is consolidating near highs. 📊 Testing key trendline support—will it hold or break? 🤔 🔺 Resistance: 7,634 | 8,135-8,302 | 8,870-9,195 🔻 Support: 7,369 | 6,347-6,707 | 5,025-5,132 🔝 Breakout to 9,195? Or pullback to 6,347? Eyes on the trendline! 👀 #NiftyDefence #IndexAnalysis #Trendline #BreakoutOrBreakdown #Investing #ChartAnalysis #PriceAction 📌 #Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. P

by Stocks_Mario

Elliott Wave Analysis & Technical Cross-Verifications Hello Friends, Welcome to RK_Chaarts, Today, we're going to learn how to validate our Elliott Wave analysis by identifying additional factors that support our directional bias. Once we've plotted our Elliott Wave counts and identified a direction, we want to confirm whether other technical indicators and patterns align with our analysis. This helps strengthen our conviction in our directional bias and provides additional confidence in our trading decisions. Today, we'll explore some key points,

BDL: RSI BO BDL is in base formation and RSI gave a fresh Breakout today. Keep it in watchlist or enter with a small SL 1400 with some buffer. Targets that we can see in 2-3 months: 1700-1800-1900-2000

by tradingcults