Will buy-on-dips strategy work this time? This is the best setups for bulls - buying on dips and a jhat-pat trade. The resistance turns support at 8,970 (pink line) will be crucial for bears to break. The recent rally in the range of 9,000-9,200 seems to be disheartened for bulls. The rangebound session with index being firm above 9K express positive yearly...
buy around 86.3 sl 84 target1 87.75 target 89.45 target3 91.90 We are not Registered with SEBI, Under RA Regulations. All Calls/Views posted here are for an Educational Purpose Only. Do your Own Analysis
* Bullish Harmonic * Overbought RSI * Overbought Stochastic
* Dumpling Top * 50% Fib retracement * Gap at play * Negative crossover on Stochastic * RSSI sloping southwards
* Bearish AB=CD * Probably false breakout * Divergence on Stochastic > Test of ~4750 on cards > View negates above 5K
* Support zone * Positive curve on RSI * Positive Divergence on Stochastic
This i saw for current dates and its continuing from mid july.