This is my view only not buy/sell call my dear.Then now start,In this chart some lines are drawn in green color which are supports and resistances,As chart looking i can say nifty is still in strong position on basis of formation of hihger low and it is strong having strength to break resistance till holding 23800 below this level nifty will start loosing...
Here INTERGLOBE AVIATION giving us to chance to buy keep it in mind there is clear breakout and closed above neckline.In this chart i mentioned here one support and 2 resistances as target T1 & T2 one more resistance is here at cross line of blue coloured lines below which stock get closed. This is not my buy/sell advice note it please,
Looking it is consolidating be carefull and there is being patient is important what is seen in this chart is more important look rising triangle which is making a range and BITCOIN following exactely this triangle. we should wait for long/short until it break either side.i used here another tool is gann box you can also use this.
Once again banknifty failed to break range but i am expecting this time it may break because we have more supportive elemements now as gann fan,symmetrical triangle and one more indication of falling triangle in small time frame which is visible in this chart and shown supports/resistances are based on gann fan this are my prediction not buy/sell advice.
I have drawn a bigger picture there is so many reason of saying reversal of market, in this chart i have shown two of them which you can see and learn how to draw gann fan for next comming days it will support you all to find support and resistance of any stock index and commodities.It is just to make you to learn not buy/sell advice be clear.
SBI failed to continue HEAD & SHOULDER PATTERN.Here we can see clearly and taken support to gann fan line and cross as well is sign of reversal even then we have to wait for confirmation,having confirmed of reversal long trade can be taken.