RISING WEDGE, BEARISH PATTERNThe above idea is my personal observation.
I am not a sebi registered analysist
The Material(CHART) neither purports to be, nor is it intended to be, advice to trade or to invest in any financial instrument,
or class of financial instruments, or to use any particular methods of trading or investing.
Wedgedown
Nifty is at support, it can make or break from here Nifty has made a Wedge and holding it as of now. If it hold we can see higher levels and if it breaks it can fall upto 17500. I feel Nifty is in great shape for moving up or perfectly settled for a pull back. One can take a chance and long Nifty with a tight SL of below Wedge line on daily time frame.
Nifty - Destiny or Demand Leg Repeats ! 10900-10925Hello All,
Excited to come up with new video - "Destiny or Demand Leg Repeats@10900-10925" - All explained in 10 mins video.
Let's get started.
Key Resistance Zone - 10980 -11000
Key Support Zone - 10825-10850
Second Layer Resistance Zone - 11080-11100
Second Layer Support Zone - 10690- 10725
Critical Zone - 10500-10550
Important Note
Going Below 10500 -10550 - Early Signal of the Bear Market as suggested in all previous ideas.
All support / resistance zone can be thought of buying / selling zone respectively with planned risk.
Nifty Picture at 12:06 Hrs - 3rd Oct 2018
Let me know your thoughts / comments. Hope you all enjoyed 200 points push from 10850 to 11035 & the fall exactly from 11035 levels as per last video idea.
Last Video Idea - Destiny or Demand leg 10900 - 10925