Nifty analysis for 26/02/19
As expected nifty went up and posted a green candle. It also broken both averages and closed above that. So its journey towards red line...
Nifty analysis for 25/02/19
Nifty posted a long lower leg dojji so indicating that next day it may go up. Also it took support on green line and went up from there....
Nifty analysis for 22/02/19
As expected nifty posted a green candle totally in the channel above green line. So we may expect up move to red line. The 1st resistance...
Nifty analysis for 21/02/19
Nifty made u turn and closed on the green line. So for downward breakout we need one more day to confirm. Else if it closes in channel...
Nifty analysis for 20/02/19
Nifty after opening went up to the high of 10722 which was exactly on the green line. From this point it reversed to post a low of 10585...
Nifty analysis for 19/02/19
Nifty failed to reverse and close much below green line. This is 1st closing of downward breakout. This time it is with more aggression....
Nifty analysis for 18/02/19
Nifty broken green line sharply and posted low of 10620 but recovered to close at 10724 which was above green line. A red candle with...
Nifty analysis for 18/02/19
Nifty broken green line sharply and posted low of 10620 but recovered to close at 10724 which was above green line. A red candle with...
Nifty analysis for 15/02/19
I have modified green line and yesterday's close was near to green line. Now we have to watch for nifty low today. green line is placed...
Nifty analysis for 13/02/19
Nifty broken 200 DMA and posted low near green line. Today is 5th day which is Fibonacci number. So there may be upward turning from this...
