Vishwajeeth_JK

Vishwajeeth_JK

a) The initial drop was sharp—11.38%. b) The second decline was milder—7.80%. c) Yesterday’s pullback faced Support... Gradually, SUPPLY is being absorbed, and DEMAND is pushing to take control of the game. The battle for dominance continues!

Vishwajeeth_JK

Finnifty at support Finnifty at support Finnifty at support Finnifty at support Finnifty at support

Vishwajeeth_JK

The weekly ratio of Bank Nifty to Nifty, with a long-term symmetrical triangle pattern forming. The convergence of the trendlines suggests that the ratio is approaching a breakout point. Upside breakout: This could indicate stronger relative performance by Bank Nifty over Nifty. Downside breakout: May signal underperformance by Bank Nifty compared to Nifty.

Vishwajeeth_JK

The chart displays the weekly price action of the Nifty 50 Index, with a strong upward trendline drawn from March 2020 lows to the present. This trendline acts as a key support level, and the index is currently testing this support. A break below the trendline could signal a bearish shift, while a bounce may suggest a continuation of the long-term uptrend.

Vishwajeeth_JK

NIFTY AT SUPPORT. Chart is daily tf log chart. I have connected the closings to see better picture ahead

Vishwajeeth_JK

This chart shows the Bank Nifty Index (NSE) on a monthly logarithmic scale with a clear ascending wedge pattern. Here's a breakdown of the key elements: 1. Chart Type: Logarithmic Chart: This scales the price axis logarithmically, meaning percentage changes are equally spaced. It's especially useful for analyzing long-term trends like this one, where price...

Vishwajeeth_JK

🚀 Breakout Watch: The index remains within a long-term upward channel, but a descending triangle/wedge pattern hints at a potential breakout or breakdown in the near term. ...