NIFTY monthly chart analysis -Game of moving averages

28 thg 9, 2018

NIFTY monthly chart analysis -Game of trendlines


PS: Sorry for the cluttered chart :D

3 thg 10, 2018

Ghi chú

.
10850 broken we can expect Nifty to move towards 10280-10300 levels.

3 thg 10, 2018

Ghi chú

Nifty is at support and could test 200 day SMA soon

4 thg 10, 2018

Ghi chú

Nifty opened below 200 day SMA. If it closes below 10777 if could fall towards 10420-10350 soon

5 thg 10, 2018

Ghi chú

Nifty made 10420 today. Was expecting a bounce at 10500 before falling towards 10420. However Nifty fell swiftly and reached the levels we were expecting.
10335-10350 could be the next destination as long as Nifty doesn't cross above 10550

5 thg 10, 2018

Ghi chú

10335-10350 done.