Nifty showing weakness in chart turning to bear zone .As it have tested 50 Ema and confirmed the trend ,hence expected to reach 200 Ema I e. 19750 soon.
Head and shoulder pattern on the top of chart suggest that bearish trend is on the way. Confirmed with RSI negative crossover.Target 3250
The chart suggest that bearish channel pattern to be continue. If break down the support tends to be negative nearby days.
Nasdaq is set to bearish as triple top pattern formed suggesting bearish trend in coming days.
Seen double top confirmed with negative rsi divergence in banknifty . It should touch the support of key level 49050 and 48800 in coming days. Based on study only . No recommendation for trade.
As the stock reached to it's crucial support past rally likely to go next support i.e. 1492 in coming days. Entry at any higher high next 2-3 days Target 1492
As the stock reached to it's crucial support past rally likely to go next support i.e. 1492 in coming days. Entry at any higher high next 2-3 days Target 1492
Triple top chart weekly suggests bearish reversal trend with neckline 1251 Entry Any high near to 1251 Target 1040
Triple top pattern suggests bearish reversal trend with neckline 1251. Breaked out done . Entry -Any high near to neckline Target - 1039
W pattern in daily chart with macd diversion confirmed buying is in trend Target would be 612 next level on fibs.
It suggests bearish Trend about to happen . Key support 4927
It suggests bearish Trend about to happen . Key support 4927
Double top with weakness in volume bound to be bearish in near term. It may give correction till 945 till next month
Short term Target next fib level . Any closing above level have chances to meet next level
Multiple regection of lower high indicating return to support 1 to support 2