- Nifty has broken the hourly uprising channel as shown as point 1 in the chart. (Also observe the daily candle of 4th August, it has made lower low and lower high). - Whenever the channel brakes, price action tries to touch the previous channel support ( Point 2 in the chart) - I am expecting resistance between the zone 10080 - 10100 as previous support will...
Will it break the Trend line and Resistance 1 on Pivot Point ? I hope, price will break with the support of strong trend on upside. Trade: Buy on R1 - 546 Target on R2 - 585 Stop loss on PP - 520
Hey Guys, Just exploring various tool Tradingview offers, I searched for few charts for good pivot break but Our Lucky Charm TataSteel will leave Us ??? Ha ha Never... It's Love story forever with Tatasteel ! So Exploration starts with Tatasteel... This is the one I got with Good Pivot Break & Macd can be considered for additional confirmation. Note : Not My...
Price on Pivot Point and Trend line appeared. It may break the PP and Trend line, then it will test the level of R1. Trade: Buy above - 2464.50 Target - 2606.50 Stop loss - 2380 Risk - 84.50 Points Reward - 142 points