Price is above the avg line in Bandbollinger, Selling trend falling in ADX , MACD signal line crossover, RSI positive and in weekly chart Stochastic move to upward direction. These indicators and triangle breakout also helps to move up further Targets are 284 290 304 308-310. Stoploss: 263 Vijay, INDITRADE, Kovilpatti.
Tripple top formed. If Nifty closes above 10177, it will continue bullish trend. Indicators are showing to move up further and breakout. lets see upcoming days Nifty will move up or down. It it breaks, Targets are 10190 10213 10267 10293-10300 10517(as of now final target from trend lines). Vijay, INDITRADE,Kovilpatti.
Bandbollinger forms a narrow range in weekly chart and Macd lines might cut on coming week. In daily chart ADX,RSI are positive. These indicators may help to break the triangle pattern. From the trend lines(not shown in the graph) targets are 122.3 124.18 126.05 126.5 127.8 129.47 130.45 Stoploss :114.5 Vijay, Inditrade,Kovilpatti
Nifty view on this week and month . Line 1: 9898 ; Line 2: 9978. If line 1 breaks, It ll go to line 2 level. if the line 2 breaks on closing basis, trend may change to bullish. Otherwise if it breaks the line 3, it will form a double top breakout. (10114-9687= 427 points.) Expected Target range if line 3 breaks, 9262-9347.