28th Jan 21: The first support, 50 day EMA is around 13670 - 13700 range. Nifty 50 has broken uptrend line yesterday on daily charts . Nifty 50 has created a new downtrend yesterday in intraday charts. 29th Jan 21: Can buy NIFTY1! with a stop-loss of 13850 for intraday as intraday charts are showing a positive momentum movement. *Stop-Loss triggered but the...
Can buy NIFTY1! with a stop-loss of 13850 for intraday as intraday charts are showing a positive momentum movement.
NIFTY SPOT Bearish and scary Scary because it is confusing. Read the following: Candles are in a downtrend trading very close to the bottom of Bollinger Bands but It also looks like a bullish flag pattern So now that I've successfully confused you, tell me bring in your notice that RSI is diving which will add weight to chances of a bearish move. Let me confuse...
NIFTY, in the 15m chart has a gap down opening. Any high momentum candle will make a bullish engulfing pattern and NIFTY should be able to bounce back from there.
The first support, 50 day EMA is around 13670 - 13700 range. Nifty 50 has broken uptrend line yesterday on daily charts. Nifty 50 has created a new downtrend yesterday in intraday charts. Short trades can be taken at this level only by very skilled traders. Others can wait and make long positions at dips or reversal. Personally I think that short covering would...
Can buy future with Stop-Loss of 915/910 for a target of 1020 or even 1040. The candles have crossed and are holding above 20EMA The pattern is very close to support which is 100day EMA and the trend is positive.
Trendline on the daily charts in nifty shows a support at around 13000 levels. There is nothing that looks to be a boost for the markets either. Moreover, the 100 day MA of is at 13670 levels and 200 day MA is way lower at 12160 levels. my suggestions is to exit longs at recoveries and wait with a capital to enter at levels where the markets take support.