IT HAD BROKEN THE TREND LINE YESTERDAY. AND TOUCHED THE TREND LINE ACCURATELY. CHECK MY EARLIER POSTA
if takes out the trend line target shown in the chart. from last hour action today it seems it is likely to take out this resistance.
IST CHART WAS PUBLISHED ON 29 TH JANUARY. ON SUBSEQUENT CHART I HAD PREDICTED THE POSSIBILITY OF TOUCHING THE TREND LINE. IN BEARISH MARKET IT TOUCHES THE TREND LINE. PLEASE FIND ATTACHED CHARTS.
MAY BE IT WILL BE DOWN TO 44.
IF BREAKS THIS SUPPORT 11963-11943 THEN 11908 . ONE CAN STUDY NIFTY MOVEMENT FROM THE CHART.
IF BREAKS ON DAILY BASIS TARGET SHOWN IN THE CHART POSSIBLE
IDEA WAS PUBLISHED ON 29 TH JANUARY. MAY NOW TOUCH THE SLANTED TARGET LINE. PLEASE SEE ATTACHED CHART
it seems emerging shark pattern . it seems nifty may get support at 88.6% retracement of XA which coincides with 161.8 Fibonacci extension or 113% retracement of a XA which coincides with almost 261.8% Fibonacci extension. stochiastic oscillator has already dipped in to over sold position. some bounce is expected in the PRZ zone. At present in my opinion selling...
STOCK IDEA WAS PUBLISHED BY ME ON 29/01/2020. LET US SEE IF BREAKS THE SUPPORT AGAIN AND GOES DOWN TO TARGET 2. follow me to get such stock ideas. like my post to encourage me further to post such ideas.
NEXT SUPPORT OF NIFTY. LET US WATCH TODAY OR ON MONDAY.
SEEMS EVEN INCOME TAX SLAB NOT WELCOMED BY THE MARKET
clear cut divergence between oscillator and price, has under performed sector and indices. if not any thing adverse in the budget ITC is likely to takeout the trend line and move further. wait for the budget and take position
DIFFICULT TO SPARE NIFTY FROM STOCK MARKET REACTIONS TO CORONA VIRUS. MAIN QUESTION CAN BUDGET HELP NIFTY? PITCH FORK NICELY CAPTURING THE TREND OF NIFTY. AND TREND LINE? LAST TWO DAYS NIFTY OPENING ABOVE THIS TREND LINE AND CRASHING. WITH RISING FISCAL DEFICIT HOW MUCH SCOPE BUDGET HAS TO RATIONALIZE PERSONAL INCOME TAX IS REALLY A QUESTION. LAST TIME AFTER...