After massive fall of 1200 points, Nifty is showing some signs of temporary relief as expected. In longterm, Nifty is expected to follow Lower top and Lower Bottom trajectory and will be Sell on rise till it breaks important resistances and stays above those levels for a couple of month time. My long-term analysis : 1-1.5 year timeframe or even sooner, we may...
Price action suggests lower high and lower lows being formed. Nifty trading in downward channel MACD crossover on monthly chart may drag Nifty down in 1-2 years time frame I am not a SEBI registered analyst. This video is purely for educational purpose. Do consult your investment consultant before taking any trade.
Breakout and retest done on weekly charts Strong support on trend line (multiple touches on trend line) Strong uptrend supported by volumes Bullish RSI I am not a SEBI Registered analyst. This is just for educational purpose and not a buying recommendation