BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
The currant situation in Nifty indicates the possibility of short term top.
See the divergence in the graph.
Good Risk Reward Ratio.
Good Risk reward ratio.
I am expecting clear & confident move in #Nifty.
It can happen in a single day or may last for few weeks.
No directional bias.
I have marked all similar situations with "Flag" mark.
Reliance Ind. Weekly Chart
Flag = Five or more consecutive green candles.
NEWS over without filling the gap.
Up Arrow = 52 week high
Down Arrow = 52 week low
Its important situation.
Watching & trading the range.
Bullish Above 140
Bearish Bellow 140
Expecting Big Moves. No Directional Bias.
Its on the verge of starting downtrend.
Watching 9400 as stop.
Its Buy on dip.
Support & Resistance Levels.
Stop is inside the channel.
Flag = Narrow Range Bar