LearnTradingfirser

LearnTradingfirser

After analysing what I have found, If you focus on the RSI indicator, there is a clear-cut divergence that is bearish in nature, i.e., the price is moving up and the RSI is moving down. Although the market is in an uptrend, we can expect a correction tomorrow. The global market is in good condition, which is why we have some good support on the chart.

LearnTradingfirser

A head and shoulder pattern is visible in the 15 min time frame. although the market is in a bullish trend, we can see little downward momentum tomorrow. Supports are 1823,200 and 170 All the above supports are based on golden fib levels

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What is happening? Based on previous instances of double bottoms in the Nifty, there has been a trend of Nifty rising a certain percentage and then falling. For example, in the first instance, Nifty rose 3.47% but then fell 4.39%. In another instance, Nifty rose 2.88% but then fell 4.39%. Therefore, based on historical data, there is an expectation that Nifty...

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BPCL: Technical Analysis Downtrend Support 1- 317 Support 2- 297

LearnTradingfirser

Bank Nifty Future Fibonacci levels for 19th December Gap Down The market is Showing a little bearish in this level 43183.75. if the market opens below 43239 then we can assume that price will go up to 42870.10 and if it sustains between 43059.20 to 42979.30 then we will see an upward move in the day trading. Flat If the market opens between 43444.35- 43239.45...