Closing Range - 19395/19628
Extended range - 19311/19712
Nifty again closed with a low volume and an indecision candle just above the downward channel. There is some kind of support zone at 19460-19520. If this is broken on the down side, we can easily see 19400 or lower lower levels. Upside has resistane at 19655.
Possible trade can be a no trade! Compulsive...
The Relative Strength Index (RSI) is a popular technical analysis indicator used in the stock market. The RSI measures the strength of a security'sprice action by comparing its upward and downward movement over a given period. This indicator is one of the most widely used tools to identify whether a stock is oversold or overbought.
The RSI value ranges from 0 to...
Personal view points, analysis and trade plans for this week. On stocks i have had an eye on and that i enjoy trading on a regular basis. Hopefully helpful to the viewers.
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Go through the complete video to understand what are the important support and resistance levels. Take entry only at these zones for better profitability.
Further get confirmation from the signals of my Indicators which are available in public library.
Happy trading
