As per analysis Nifty showing Bearish Engulfing candle on top on 4 Hours time frame, which means in upcoming week we can see a bearish moment in Nifty Nifty having strong resistance at 17300 and nearest support at 17200,17000 (open interest data). Next support at 17098as per 200 EMA ( Moving Average). Next reversal level would be 16800 on Bottom Please trade...
As per analysis Banknifty showing Tweezer on top on 4 Hours time frame, which means in upcoming week we can see a bearish moment in BankNifty Banknifty having strong resistance at 39500 and nearest support at 39000 (open interest data). Next strong support will be at 37833 as per 200 EMA ( Moving Average) Please trade your plan accordingly. Only for...
Dow jones can take support at 28839 level and start bullish rally again. Only for Educational purpose
Nifty broke the the trendline support, next support at 16950 & 16744 as per Fib Retracement, try to short market after retest. 17085 could work as a Resistance. 16744 could become a reversal level. This information only for Educational purpose.
We can short Nifty after retest on 15min rejection candle.. Another thing is Other Markets also showing Negative.. Only for Educational Purposes