Stockline
NIFTY DOUBLE TOP PATTERNNIFTY DOUBLE TOP
This can create new high if Nifty break
and sustain above 12015.
But if nifty declines below 11820,
we may see levels of 11780-11670 in the near term
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Updated on : 23-Oct-2020 1.00am
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NIfty Global Cues NegativeNIfty Global Cues Negative
If nifty retrace to 11810 Fib Level
A double top pattern with be created
which may decline to 11780 in short term
on upside 11930-12020 will be resistance
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Updated on : 20-Oct-2020 4.00am
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Reliance Yesterday Fake BreakoutReliance
Yesterday Breakout Looks Like Fake Breakout,
on the downside, support is around 2200-2175
if reaches and stays above 2270 the resistance will be around 2335-2360
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Updated on : 8-Oct-2020 - 9.50pm
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Warning: Nifty50 above a dangerous levelWarning: Nifty50 above a dangerous level
A long Legged Doji, very basics of technical analysis. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur!!!!
Also, the steep rise can be dangerous, corrections is very much required.
24 Sep = 10800 Levels and 8 Oct = 11900, around 1100 points gain in 10 trading session.
You should Trade Safely in this market.
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Updated on : 8-Oct-2020 - 7.10pm
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AVANTI FEEDS, Follow the trendAVANTI FEEDS
Follow the trend
We may see the level of 530 in the short term.
On breakout trendline, we may see the level of 560.
Support is around 486.
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Updated on : 13-Aug-2020 9.30pm
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Reliance sustaining logical levelsReliance, Inspite of Strong Seller Control, $Reliance sustained at logical levels. Current levels are below the median line, but consistent.
Also, RSI levels are not at oversold, we may say it at moderate levels. If consistency remains at pitchfork, We may see the level of 2000 in the near term, and If break the support of 1800 & below. We may see the level of 1650-1625.
Updated: 16 July 8.25 pm.
Disclaimer: Only for learning purpose.
NIFTYBANK DOUBLE BOTTOM, a Bullish Sign$NIFTYBANK DOUBLE BOTTOM, a Bullish Sign
A double bottom is made on Chart.
If breakout We may see the level of 23425
in the near term. Support is around 22490.
Updated on : 23 July 2020 1.00am
Disclaimer: Only for learning purpose.
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