Charts of SGX Nifty has already reset the bullish enthusiasm, one would feel ahead of the expiry. However, looking at the way the setup is emerging I feel that we are looking at some nice cluster here around 11525 that will attempt to support the bullish bias. #trading #volatile Recent highs around 11540 combined with Pivot levels and 50% Fib Retr support of the...
There have been three drives to a bottom in Ashok Leyland over the past six months. July, October and November 2018. All the three drives down have been accompanied by higher volumes. But the support at 105 has held firm. On the chart two things are notable- first, the drive down in November was with a gap and an ominous looking long body bearish candle. It would...