NIFTY LOOKS GOOD FOR REVERSAL AT 13145 SPOT AS PER FRACTALS TARGET 12755-12200-11800-11300-10500 WHICH WE MAY TEST BY APRIL 2021
CNXMIDCAP100 took Lower Lower Support at 15300 RSI POSITVE DIVERGENCE in formation Target 15900-16700-17400
RELIANCE WEEKLY STRONG SUPPORT AT 1520 BELOW THIS WE WOULD GET SIGNAL FOR BEARISH WOLFE WAVE RESISTANCE AT 1545
#NIFTY at WEEKLY CHANNEL SUPPORT #NIFTY NEAR 200MA (DAILY) +VE RSI Divergence in DAILY (RSI in Oversold) RESISTANCE AT 10970-11070
Taking Trendline Support Falling Wedge 17700 Support / Demand Zone RSI Divergence
Taking Trendline Support Falling Wedge 17700 Support / Demand Zone RSI Divergence 50% Fibonacci Retracement Waiting for Weekly Closing above 18330 for formation of Bullish Hammer in Weekly
TAKING SUPPORT AT TRENDLINE AT DEMAND / SUPPORT ZONE FALLING WEDGE IN FORMATION RSI DIVERGENCE IN FORMATION
BELOW 9424 spot NIFTY can give fractals move for correction till 9355-9298-9210 if 9210 breach we can go till 9040 zone which we trend reversal zone
NSE:HINDALCO made triple top at 200 Looks good to go counter trend at 194 pre empting failure of pattern reversal for target of 188-180 can use Resistance TL as stop Risk trader can add more short once TL break
Pre empting AB=CD 3250 is imp level to watch below that it will open for 3120
REVERSED FROM RESISTANCE ZONE 3145 ALSO GAVE FOLLOW UP TO BEARISH CANDLE NEXT TO WATCH TL AND SUPPORT AT 3075 ZONE BELOW THAT CAN TEST 3040-3000