Monday's Session 11088 looks crucial. As long as stays above that -> expect Expiry pullback rally.
Closed above 11330. can lift 11470+ level.
in Near term: DN Side Capping Zone 10861 - 10802 (Spot).
Closing below 2 consecutive days ..................
...... Fut & Spot levels mentioned & plotted on chart.
Education purpose only.
Ref: Various announcement from CenBank. (Impacted Market negatively, like: BANK of Baroda - Vijaya Bank - Dena Bank merger). Super-active decision relating to Yes bank (two announcement in same EXP. First one before 1st trading day & second one in Holiday - Muharram)
On Last session FPI invested 700+ Cr.
Announcement made by CenBank regarding FPI / NRI investment...
Pattern sell entry @ 279.10, Confirmation if stays Below 278.70 for 30 mins.
This is a five candlestick pattern that starts with three strong white candlesticks. The uptrend continues with the fourth higher close. The next day gaps lower and closes much lower than the previous day or two. This may imply a bearish reversal.
In UP Move @ 282.10 looks Crucial. Closing Above that Trend Reversal Confirmation.
Candlestick Pattern: BULLISH LADDER BOTTOM.
This is a five candlestick pattern that starts with three strong black candlesticks. The downtrend continues with the fourth lower close. The next day gaps higher and closes much higher than the previous day...