varun7691

varun7691

Looking at the Evening star pattern created today on the candle, looks like the stock might fall down tomorrow. I am still studying about the support and the resistance lines for targets and stoploss, but below are my predictions. Please let me know if I'm wrong. Target - 262.5 StopLoss - 307.3 Lets hope for the best.

varun7691

Looking at the fall in NIFTY today, which was quite predictable. it looks like this can be a trend to create a W pattern or a Double bottom. To finish this pattern NIFTY might come down in coming 1-2 weeks, that's up to 31st March, 2020. Once the double bottom is completed, we can see a great rise in the Indian Market. Lets hope for the best.

varun7691

Considering 3 patterns Rising Wedge, Bollinger Band and MACD it looks the NIFTY and the whole Indian Market might collapse. Rising Wedge - The chart clearly shows a rising wedge a break from that too. So knowing rising wedge, it looks like the market might fall in the coming days. MACD - The signal and the MACD line seem too stuck to each and considering the...