This explains why you will not see a 60 to the dollar in near future. 60 to the dollar will wipe out entire Nifty and possibly the IT industry itself. If someone says the stronger rupee will help this country they have been fooling you for years. I’m open for discussion on this one.
Short covering area in the box.
A weekly candle should pass through that box like hot knife goes through butter, a solid green candle, bigger is better. Any rejection of that trend line around that box area and all hell will break loose. Good luck and god speed investors.
If you walk out the door as first person, you didn’t panic at all.
At least a short term buy at the moment, don’t be too over excited about this.
Appears to me it’s getting primed for a new ATH
Your script for tomorrow morning. Enjoy the show.
NIFTY should close above 200 days moving average and that trend line in a week or two, else things will get pretty nasty real quick. I hope this thing recovers back, I really don’t want to console an army of bag holders, this guy he sits next to me in office is having a yes bank position from 150, another one holding 50% loss on escorts and they still tell me that...
Been watching every single guy calling out for shorts, it’s not hard to wait for the breakdown. Trump might devalue dollar. Tune in to fed reserve fomc meeting updates today.
Never been this oversold on weekly as far as we can backtrack it.
3 yrs old trend line on log scale broken. Pretty similar to what eicher did.
Take your time to analyze the log channels before you make any trade on divis lab, keep this handy for future reference. Don’t forget to thank me later if this helped you any shape or form. May the force be with you.