KESORAM IND monthly chart study shows that it has broken a multi year support and is heading towards 50-25 levels
NIFTY monthly chart analysis with Schiff's pitchfork
The crash in Nifty can now take it towards 7000-6100
NIFTY weekly chart study. This analysis is in congruence with my Nifty monthly chart analysis using pitchfork.
Dow Jones (DJI) weekly chart study - Megaphone (Broadening top)
As observed on the weekly chart of Nifty 50 bulls have nothing to worry as of now as the uptrend is intact. The previous swing low (10637+) is is intact and its still trading above 200 Wk SMA (which is currently at 10290) Nifty is currently at 61.8% retracement level from the March 2018 low to Jan 2020 high (all time high) Bulls who are going long now without...
Buy FRONTSPupon a close above 255 on weekly chart T1: 340 T2: 390 T3: 480 SL: 170
Buy IOB at CMP (10.5+) T1: 12 T2: 12.80 T3: 14 T4: 15.40 SL: 9.80
Dow Jones DJI making a 61.8% retracement. Expecting a bounce very soon.
Buy MAXINDIA at CMP (93.5+) and on dips upto 90 T1: 110 T2: 123 T3: 145 SL: 78
Buy DMART at CMP (2350+) T1: 2550 T2: 2630 T3: 2730 SL: 2265
Is divergence a sufficient condition to take a trade? If you like this video, please hit the like button and feel free to comment. IF you have any questions or criticism please feel to write it in the comment section. Regards, tRex Jurassic Park
Buy BIOCON above 311.50 T1: 323 T2: 335 T3: 353 SL: 293