Nifty was moving in up trend but in the Month of March the Index fell down around 5000 points due to the Covid 19. This was not a normal fall. This was an accident in the the market. But at todays scenerio, Nifty resumed its up trend.
Nifty following trend line and there are resistance on upside..
Bajaj Finance have been crossed their multiple resistance level around 2550-60.. Diagonal trend line also giving support. It may go up to 3000 level. In previous months there were ''Lower High & Lower Low'' formation looking, but current scenario there are ''Higher high & Higher low formation looking on chart. So it may continue go with this formation.. This is my...
Bank Nifty facing resistance around 21400 to 21800 Zone. If it cross this zone, then it may go up to 23500/24000. If it fails to cross these levels then it may go down around 20000/19500.. This is my view only, not any recommendation. Its for educational purpose only..
Today Morning, Nifty gap up opened and formed shooting star & Gravestone Doji on 15 Min time frame. This indicated, selling signal from top. Sell position activated below Gravestone doji's low.. After that continue selling and one of the most important reason India and China border situation.. After that Nifty took support at yesterday's low (7726) at 7729 and...