My Observations on higher level time frames
1. In my monthly view, I had said " The bounce we see after March 27 bottom is likely to fail". This got underlined when NIFTY fall below the longer term trend line from 2009.
2. The monthly range is contracting. NIFTY is unlikely form a large candle for May.
3. May is likely to end negative.
My Observations on daily...
Below is my view for NIFTY for coming week
1. April 14 : Trading Holiday
2. April 13 : Lock down extension news
3. There could be some news on stimulus package, but I think it is not going to be enough to create sudden jump on the upside.
4. But with current momentum NIFTY could well go up first 9400 - 9600.
5. Hence intraday positions should be on the long...
Hello everyone, Hope you all are doing great.
Well it has been quite a good run that we have seen with Ethereum and we hope that this continues further as well.
ETHBTC is at a very important juncture and is at a very strong weekly resistance level as can be seen in the chart. This strong resistance however looks like will be broken soon since ETHBTC broke the...