Market Structure
TF : 1 HR
HH- Higher High
HL- Higher Low
LL- Lower Low
LH- Lower High
Market Structure is the technical structure of any market that appears over time as one primary position holds the majority of the strength (buyers or sellers). Market structure is a key technical understanding to be able to identify what the market has been doing in the...
:-- Finally Nifty breaks out from the bearish channel and moved up by 1.57 %.
:-- Now nifty moving in a bullish channel started from Dec 20
1.If Nifty breaks the bullish channel then the next resistance is at 17800-17820 levels.
2.If the market is comes down then we can expect a downward move till the bullish channel wall, if that is broken then Nifty takes...
Nifty IT likely to consolidate between ALT and 38870 range
Note: I'm sharing my views on Nifty IT for educational purpose only, Please don't take this as a trading signal/call.