Somi conveyor belt #SOMICONVEY weekly chart. looks good to reclaim high. crossed the pivot with volume. #StockMarketindia #stocks #stockstowatch
Summary l HTF is again in a make or break zone. DTF has a "Hammer" candle hence, probability of breakouts is high. l 15901 is a critical level and if breakout fails again, we may see bearishness to test support again. l 15439 is critical level and unless its breached in convincing manner my view will be bullish in medium term. l Pivot analysis infers...
Summary l HTF trend is bullish and any weakness is an opportunity to buy. Market I believe is soaking all supply hence, expect market to consolidate before moving upwards. l Pivot analysis infers neutral bias, so direction is difficult to judge. Hence, opening print will confirm direction. l Support levels 15700/15660. l Resistance levels 15900/15850. l Wait till...
******************************************************************* NIFTY SPOT- Blue Print for 16 -Jun-2021 ******************************************************************* Market Structure/Trend Analysis/Chart Pattern. l Chart Pattern - Higher High structure l DTF Pivot Trend - Higher High Structure l WTF Pivot Trend - Higher High Structure l MTF Pivot trend...
Price is at all time high but no strength by the bulls. Better to stay on the sidelines than to take a fresh buy positions until 31900 is breached with strength.