stock has formed a DOJI reversal in Price action, can expect a correction
Nifty is making movement at retracement zone.............. bullish only above 17615 close on intraday (daily candle)
Nifty is trading above Swing Golden Ratio and completed (100% pattern formation)
ICICI bank is trading near major golden Ratio with Cup & Handle pattern
Nifty has closed all time high on daily Time frame, any gap up on 30th Aug will lead the Index to touch 17120
Nifty is forming a lower lows and there can be a pull back as per the pattern and the Fibonacci level which is mentioned in the chart. the pull back can sustain only on intraday time frame and not for the swing for upside. therefore 11770 to 11800 will act as a crucial zone to decide the market movement since 3rd November 2020 is the US election. post...
Bank Nifty has taken a double bottom and tested 0.50% of Fibonacci level on a 15 mins to 1 hr time frame, rest is explained in the chart with the marking
TATA STEEL is trading at the resistance on a daily chart possible the trend can change
Nifty can possibly move further on STOPLOSS HUNTING zone. however the target is achieved on FIBOCACCI level 1.618 and its time for a reversal.
Reliance has finish its target and stop loss Hunting zone now trading below FIBONACCI level of 1.618 (trend reversal)
Bank Nifty has reached the earlier given target ( Fibonacci level on long term view 0.618 ) and now its time for a reversal trend. Anything above the current level is purely a STOPLOSS HUNTING. The next strong bullishness is only above 26958 Rest is explained in the chart with the markings tagging the previous chart down
Bank Nifty has given Top outs. The Highest O/I is seen at call 24500 and 25000 and PUT 24000 and 23500