SGX:IN1! #SGX NIFTY has important week coming for the future of new all time high and a pull back scenario, ig sgx namages to break the current sell zone then only we can keep hopes for new all time high levels or at least a rally till previous high levels.
if we do get aa pll back then first fresh support should be anice and safe target for thee correction...
SGX:IN1! update for last post (daily time frame) on smaller timeframe,
please respect the zones and confirm zone breach/break with candle close confirmation method only.
SGX:IN1! since last week sgx has been strugling to push through weekly selling zone but has failed to do so far , if we get a support breakdown, we might see sgx reach 17400 levels within this or next week. watch how sgx reacts to current s/r zones market on chart along side with 17400 level zone.
if sgx manages to break above current resistance zone, then we...
SGX:IN1! SGXNIFTY is back to the crucial trendline of daily timeframe which gave us massive falls multiple times in past,
sgx is at weekly/daily/hourly resistance zone and showing rejection from resistance zone currently, if sgx breaks current support of 17499/17480 and sustains below 17740, then we can retest the 17300 levels again.
the yellow zone can hold...
SGX:IN1! sgxnifty has formed a nice parallel channel going upwards, after breaking the daily trendline we can expect a sideways pause and then more upside till 18000 level above 17750 closing,
current fresh support zones are 17592/17569 and 17499/17480.
if we gwt a parallel channel break on down side then we might retest 17500,17480 support zones before...
SGX:IN1! SGX NIFTY is showing negative sign/rejection at the important weekly daily supply zone, if breaks 17642 then we can see downside move again.
requirments -
-must give daily closing below 17767
- max upside movement till 18037 if crosses 17937
- above 18037 can give some points in upside
SGX:IN1! sgxnifty is approaching crucial trendline of daily timeframe with 2 resistance zones present at/near the trendline,
first resistanse zone is 17500/17057 and the next immediate resistance zone is 17632/17713 which is inline with trendline and can trigger the next corrective fall if respected by sgx.
fresh strong support zone is formed at the levels of...
🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
Don't take any long positions, untill we get a better signal
SGX:IN1!
Hope for the day for sgx, Nifty will open gap-down for sure but if sgx take support from here then nifty also might go up after gap down open.
there may negative new flowing so trade with strict SL even get reversal.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only,...
A broadening formation is a price pattern characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. Since we have been facing some volatility lately, the pattern seems to be developing. Also, the price is now trading below July month open, which puts the net longs above 15746 in the loss. This means that...
