NrupenM

NrupenM Updated 

Well Support didn't break as expected resistance broke. Looks like Nifty gonna touch the top of triangle and then take a dip

NrupenM

A divergence can been forming on Nifty, go short only if prices break support. In case you are already short maintain SL 8440

NrupenM

Nifty is hanging between support and resistance, it is advised to not go log or short before prices break in either of direction.

NrupenM Updated 

Support broke risk is less, short positions can be initiated on Nifty.

NrupenM

This might clear your misconception about RSI.

NrupenM

Bearish divergence is formed on Nifty 15 minute, if support breaks with shift in volatility, downside will begin. Go short when resistance break gets confirmed.

NrupenM

The current upside is weak looking at the fact up trend line broke and price is experiencing throwback. Wait for good opportunity, avoid any entries before a confirmed move.

NrupenM

Zuari Global broke resistance, retraced and resumed upside. Since it was not already in uptrend the upside should be considered as weak for time it confirms itself as strong. Minimum TGT of 112 is expected with trailing SL starting from 98.

NrupenM

Continuation On MACD supporting upside in USDINR chart

NrupenM

A double bottom is formed on Adani Ports which looks like is breaking today. A successful break will lead to good upside

NrupenM Updated 

IGL is moving up with strong upside, most likely it'll touch minimum TGT of 960

NrupenM

RSWM showing bullish engulfing pattern, upside is expected.

NrupenM

PSL is showing clean resistance break along with divergence and bullish engulfing candle. Good upside can be expected.

NrupenM

There is clean resistance Break on MCLEODRUSS along with divergence. A good upside can be expected ahead.

NrupenM

Nilkamal is moving up but the way it broke resistance to move up does not give us any idea about upside is weak or strong. Whenever such condition occurs it is always safe to assume upside is weak. If you have buy position on Nilkamal Start Trailing SL. Start Trailing from 1470.

NrupenM

Support is waiting at 8180, can expect bounce from this level.

NrupenM

Right now Nifty is in between Support and Resistance line, at this stage we can expect little sideways movement. An upside or downside should only be considered on successful break of either support or resistance. Regards, Nrupen from TechFAnalysis.com www.udemy.com

NrupenM

Market opened with another shift in price, since all momentum indicators are oversold, this upside is not a strong upside and have high chances of failure, if you are holding a long position start trailing SL properly to protect your profits. Regards, Nrupen www.udemy.com