Falling wedge breakout
Strong bullish candle with good volumes
Bullish Pole and Flag pattern
Making lower high in the channel. Volumes are not supporting
Once it breaks 718, target 674 is possible
RSI negative divergence. Its a short candidate
It may see 280 levels in coming weeks
Smallcap index looks very weak. Lot of time is left to accumulate good small cap stocks. It may break 50% FIBO level next week
Will it take off from the multi year support 165 ?
Consecutive lower lows will not hold nifty at higher levels. Nifty will touch 10558 and 10416 in short term
Looks weak below 289
Entering demand zone! Possible bounce from 400
May bounce from Support 7155
Entering support zone
Can it be another shoulder by touching 668 ?
At important support. Can expect a bounce from here!
Retesting the breakdown. I dont think it will hold the 50% FIBO level. Volumes also negative
Can expect a reversal @933