A big green candle with vol. clearly sign of sentiment change
Comment below your view on CNX Energy sector will it break the trend line....?
Mphasis is near a crucial support and RSI(14) also gaining some strength
This is is a very good time to invest in Wipro. RSI(14) is near crucial support and also near to fib golden ratio.
there is a big Gap between 100 SMA and Price and if checkout previous data price and 100 sma move side by side soo i think market will retrace to the mean postion or consolated in 15-18k range.
Proper hammer formation on monthly chart indicates a strong weak sentiment although these type of hammer candlestick pattern also found during flag pattern. comment below your opinion
I dont understand why people are soo -ve about market this is a obvious dip this is not something we can say out of the box. this is a steap leg soo it can retace upto 38%.
Bank Nifty Price Action Clearly suggest Lower High and Lower low soo market can go further down in coming trading sessions
NDX 100 Weekly chart shows that Market is in bearish phase new lower low in price and RSI is below 40
+ve Divergence in Infosys chart as you can see Higher low in RSI but Price is still at same level
Descending Triangle on daily chart indicates thats market will further retrace in coming trading session
Weak Global market clue will affect nifty 50 in coming trading session
Also near Crucial supply Zone it may go up in coming trading session keep your eyes on daily chart