CNX 500Hello & welcome to this analysis
The index in daily time frame is retesting a Bullish Harmonic Gartley pattern made in end January which coincides with the formation of a wedge pattern and a double bullish divergence.
A bounce back could be possible if it manages to start sustaining above 20850 fo
Nifty 500 Filled the GAP. Will it reverse from here?After forming a C&H ( luring bulls) nifty broke down from the handle and filled a gap at 22262 area.
- Taking support exactly at 200 DMA.
-Trading below 50 DMA.
-Breakdown and close below 22262( 200DMA support and Gap Support) can bring it all the way down to 21694 which will be the last hope for
#CNX500 Index Signals a Trend Reversal!📊 Market Update: #CNX500 Signals a Trend Reversal! 📊
📈 Support Held at 21,900 Level: As anticipated in the last update, the #CNX500 index tested the 21,900 level and has since rebounded strongly. The last session showcased a solid bullish candle, indicating a clear trend reversal after a prolonged
#CNX500 Testing Key Support Levels!📉 Market Update: #CNX500 Testing Key Support Levels! 📉
The #CNX500 index has recently touched its support line once again. When stocks or indices frequently test support, it typically weakens that level, increasing the likelihood of a further breakdown. In recent sessions, the index has also shown
Nifty50 & Nifty500 Hits Critical Demand Zone: Ready for Bounce?Indian stock market has been in a downward for over a month, Let’s dive into the technical setups and explore potential scenarios.
🔥 Demand Zone Insight: Drop-Base-Rally (DBR) at Play
On Friday, Nifty 50 entered a demand zone, specifically a Drop-Base-Rally (DBR) zone — an area often indicatin
Nifty500 Analysis: Current state of the market & what to expect.Nifty500 is mainly used for analysing the Market breadth.
We look at the various phases of the market: Bullish, Bearish & Sideways,
We can understand how the Momentum charts give an early warning / indicator for a particular phase in the market.
Presently, the market has given a signal that
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.