Analysis :- 1. Demand/Supply zone Analysis. 2. TrendLine Analysis. 3. Multiple 5 times rejection seen in the current supply zone. This clearly notes that the current supply zone is very strong. 4. Bank Nifty seems to be stuck in a range and it is testing supply and demand zone multiple times. 5. There is only one major trendline which is way down under...
Analysis :- 1. Demand/Supply zone analysis. 2. TrendLine analysis. 3. Previous week last 2 trading day sessions seen heavy selling pressure. 4. Coming week will be continue volatile. 5. Infact complete march month will be volatile. 6. 200 moving average and trendline 3 are almost on the same level, as you can see. 7. 3 clear rejection is seen in the current...
Big Marubozu and overbought zone.
Stock is an on the overbought zone. expect minor correction till its trend and on 1hour chat 200MA