S/R levels marketed for long term view.
S/R levels marketed for long term view.
S/R levels marketed for long term view.
S/R levels marketed for long term view.
S/R levels marketed for long term view.
Long Term Since Inception Support Resistance marked
Morning Star Pattern appeared. Seems upside move is imminent.
VSA concept in play Volume rising RS rising Getting back to support zone or will it revert from the levels is wait and watch. Accumulation can be done if one has strong conviction fundamentally for upside and revenue growth. FOR Educational purpose only.
Nifty has been free falling since the onset of COVID19. Also OIL,GOLD,Bonds falling too. Cities going into lock down. Fear of Pandemic is driving masses crazy and toppling the economies world around. Lets see where the fall stops. Levels are marked for reference only All for the purpose of Study and analysis NO recommendations
Long term support is marked on the chart. Lets see where will the fall stop.
GOLD S&P500 OIL NIFTY50 USDIINR
Even in such fall this Jem is just not giving up. Strong RS Regression Channel Broken (Awaiting Confirmation) Price play with in Upper band - EMA 50D Lets wait and watch.
Historically Markets DOWN 2001 51% 2008 57% 2016 16% 2018 21% 2020 20% (Lets see whats the number this time)
Last ten years DJI fell less than 20% and reversed Lets see what It does this time?
NSE:INDIAVIX Nifty Broke down Trend line and 110 W EMA With current bearishness sentiments I believe Market might range between 10150-11500. VIX on the Rise. At the same time Nifty is Still on HH HL pattern. Breaking level 9900 below will open up bearish play. Support around levels 10700 with give some positive vibes. Lets wait and watch what we learn.