• Weekly chart - There were price rejection from 9540 to 9973
• Daily chart - Long bullish marubozu candle from Support level 9540 to near the psychological resistance level (10000).
• In 1hr- After giving the target of Head and Shoulder Pattern, Now the market re-enter in to the Flag pattern.
• The Market at important resistance Leve-10000
• Break-Out may lead...
• Nifty Daily chart Shows that there was price rejection from 10280 to 10180
• Hour chart Shows TRENDLINE Break-Out and followed by successfully retest at 10280 level.
• 15 min. chart an DARKCLOUD pattern activated
• Its shows that more Rains are ahead after Break-Out of Support level
• The Price Zone 9950 to 9922 act as Support level
Target-9500 SL 10080
• Weekly chart shows an Hammer pattern & Long bull candle close above the psychological support 9500
• Daily chart an ascending triangle formed in the support level of 9000 and given breakout to cross the 9500 resistance level.
• In 1hr. An Insidebar visible after the continuation pattern of flag.
• Its shows that the strong bull run ahead
• Weekly chart shows An insidebar & Double bottom Pattern in the range from 17218 to 21517.
• Daily chart look like a Triple bottom pattern as the same range of weekly.
• In 1 hr a trendline breakout happened & index towards the Resistance level of 19550
After Breakout of R-19550 Level
After giving the target (45) for inverted cup with handle pattern, stock taking supports from 54.90 and Marche towards the previously broken support of 97.35 and retesting as Resistance.
Go long decisively broken on closing basis of Resistance 97.35
1 st Target-138, 2nd Target 150
9000 act as Psychology support.
Following are support and resistance for tomorow trade.
Expected breakout 9068, Since Weekly chart have hammer pattern, followed by day and 1 Hour chart hav inside bar
& 15 min double bottom with rsi gain and momentom gain
1 St target 9148 and...
An Uptrend & followed by long Sideways came to end 9-MAR-20 (almostly 1 year in sideways market)
Sharp down move from 9-mar-20 to 19-mar-20 (2075 to 1546) with high volume.
Pattern look like a channel, represent a pause in existing trend.
Downtrend to be resumed after breakout of bottom Trendline.