As it has been disclosed in the chart drawing, it appears BTC to be bearish till support as shown. 1st and 2nd resistance with possible support is well disclosed in the chart drawing. Lets hope for the best.
As disclosed, in the chart zones. I am presently assuming Tata Motors as bearish. Let us hope for the best
As disclosed in the chart drawing, I am disclosing nifty 50 short term trading ranges. Rest, zones are disclosed in the chart drawing as per my understanding.
I feel now it is necessary to express and reveal fresh zones about the Nifty 50 Index. As shown, in the chart drawing, Nifty 50 did manage to approch the historical support zone and since then it has bounced back quite a distance now. Presently, I am disclosing only Monthly Time Frame(MTF) zones, as they are normally significant zones as far as my understanding...
I feel lile buying gold as of nowm consiering price action. Zones as mensioned in the chart drawing.
As shown, in the chart drawing, there are zones diclosed as per my understanding of price action. Let's see what we come accross tomorrow.
The Nifty IT index was side-ways for whole Sep to Oct 24, except during last 3 trading sessions, it has managed to place it self in the different trading range as shown in the chart drawing. So, I though it will be worth revealing this chart.
I have tried to explain every thing on the chart. lt is a broad based view based on significant levels existing on quarterly and monthly levels. For, immediate trading one month look at weekly and monthly levels.
By the last Friday nifty has achieved a target reaching the monthly support zone. Positionally nifty weekly significant zone is far to near to be breached, in coming week. Naturally Nifty 50 attempted it with due deligence but in the end failed to achieve it clean. Bank Nifty the major component of Nifty 50, has all together a different structure monthly and...
Nifty 50 being broad indice, one must observe the the structural difference in zones between BNF and Nify 50. I guess chart is clear enough ...
In continuation, with my earlier post, the lower support which was happened to be a monthly zone has alredy been achieved. So, it is necessary to show one more support zone, as we are still awaiting a october monthly close. Few more trading sessions may reveal a true path now.
Everything is discussed in chart drawing. I feel Nifty 50 is trading well below the quarterly significant zone and feel suspicious still about the rise, it witnessed during the last trading session after the fall initially. I follow Indian quarterly and financially yearly performance. As per my understanding, I am publishing my views. Note: It is not the...
I see a support o 82700 /82500 as sensex support for the today's expiry, based on my views and understanding of the current market situations. Rest .. Happy anaysing
Nifty 50, the broad market index, as shown in the chart drawing, today has reacted from the value area. Stock market is always a hope for investors, finding a long is the key scenario. I will keep my figures crossed as nifty has reached value area firstly and also have reacted from the same area, one can see the reaction intraday today. I am still hopeful...
As disclosed in the chart drawing, this index is approaching the value area and looks to be a better choice for study purpose.
As disclosed in the chart drawing, MNC index looks good proposition for an investment, as it is approaching the value area again. It will be good to watch this index for study purposes.
As disclosed in the chart drawing, the value area is marked herewith to show the buying interest which may or might turn out to be genuine index to be watched for study purposes. Let's watch it for study.
As per the price volume confirmations, a value area as shown in the chart drawing might have been formed and now this script as per my understanding is worth for study purpose observations. It will be interesting to wach this script in near future.