karankapoor1987

karankapoor1987

On a weekly chart Nifty could not fold 10800 levels which indicates no bullish trend. Point that should be kept in mind : Global Cues - Week US markets in bad shape. Formation of SHS Pattern on nifty Trendlines are indicated in Chart. If SHS pattern breaks from the support line of 10000 we can see market cracking upto 8800.

karankapoor1987

Close above 200 DMA on a 2 hrs chart. Trendline Resistance around 8.3. RSI and CCI also indicating a possible upmove tomorrow.

karankapoor1987

Is this an - ve RSI Divergence on daily chart?

karankapoor1987

Nifty is surging up and US Market are surging down? What are we looking forward to? Please provide your views.....

karankapoor1987

As per my analysis tata motots is due to rise upto 190-200 in short term due to RSI Positive Divergence. If it breaks 200 then it can continue to move upwards otherwise it may fall to 140 to take a support.

karankapoor1987

Week Global Cues Nifty is ready for another round of selling which can take it to 200 EMA (Weekly) of around 9600. I have explained on the weekly chart. Dear friends, Please let me know your views.

karankapoor1987 Updated 

Please consider my analysis and let me know your views. I am new at this