RISK ON Signal Generated! Nifty 100 Set to Outperform Nifty 50Attached: Nifty 100/ Nifty 50 Daily Chart as of 26th May 2023
A Risk On Signal has been generated where Nifty 100 is Set to Outperform Nifty 50 to meet its Cup & Handle/ VCP Pattern Breakout Target
When this happens the Broad Market goes on a Risk On Mode
So Bulls it is your Time/ has been your Ti
Nifty Chart Currently in Demand Zone - First Post Here's my analysis on Nifty Weekly Chart:
- Currently in Demand Zone and already bounced back twice from the same level in the past
- It's creating triangle pattern so not expecting any big breakout for at-least next 5 - 6 months and Nifty looks weak for the same duration
- If false down, next l
nifty 100 11 year trendline resistance touched with ...on 6 month Time frame ... nifty100 last 11 years trendline of resistance touched in december 2020 with confluence of RSI meeting its MA which will act as strong resistance ... net net ... next 6 months will be make or break for nifty stocks . lets see ...which way this camel will turn .
Indian stocks on the verge of a major slide down..CNX 100 or NIFTY 100 (NIFTY 50 + NIFTY Next 50) has formed a triple top on weekly scale....This is a major top and signals a major slide in stocks in the days and weeks to come. Sell your stocks unless you're holding them for real long term. This is not a great time to build a portfolio...don't rush
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Displays a symbol's price movements over previous years to identify recurring trends.