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Nifty analysis for 23/05/19 (Election Special)
Nifty has closed 3 days above red line. So upward breakout is confirmed. But day before yesterday it has posted pattern like bearish...
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Nifty analysis for 13/05/19
Nifty closed below green line for 2nd day. But also it posted high above green line. So today's candle is very important. If nifty closes...
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Nifty analysis for 10/05/19
Nifty closed below green line but formed a dojji. To confirm this lower breakout nifty has to close below green line for two more days....
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Nifty analysis for 09/05/19
Another red candle and nifty lost 138 points. Now I have drawn a resistance line and support line. Nifty has closed on support line....
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Nifty analysis for 08/05/19
Nifty opened up and went up to 5 DMA line but got resistance at that point and reacted sharply to post loss of 100 points. Actually from...
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Nifty analysis for 07/05/19
Nifty opened with lower gap and posted dojji means indecision. Gaps are normally filled before share moves to previous trend direction....
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Nifty analysis for 06/05/19
Nifty posted slightly bigger upper leg dojji. It also closed below green line but very close to it. As I posted yesterday it may likely...
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Nifty analysis for 03/05/19
Nifty posted another dojji but with bigger upper leg. These 2 candle indicates undecision. Yesterday's candle closed on green line. So it...
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Nifty analysis for 02/05/19
Nifty posted low below green line but bounce back sharply forming long lower leg dojji. Thus correction is still going on. Now again...