There was a Head & Shoulder Pattern in Making and 22800 was a Support for NIFTY 50 but Due to TTT Trump Terrif Threats there was a Gap down and it Kissed 22000 Again. A Massive Support and Power is Generated from 22000 and now Nifty is @ 22800 which was Support and now acting as Resistance. It is again at the point where it left the continuation of Head &...
I can see a clear Neck & shoulder Pattern in Making. all international Markets are down and now on their Support Area. Mostly all international Market should bounce back from here. Nifty 50 once touches 22800 and if takes a support from here it should then proceed toward 23800 to complete H&S pattern. There is a resistance @ 23800. If market break that...
There was a Daily Trend Line Breakout for NIFTY50 and then We saw a Unhealthy up movement. Now the Price is on the extreme of a weekly Supply zone. There can be a Pull back now till Daily EMA20 @ 23050. If it takes Support from Daily EMA it should then Try and Break Weekly Supply Zone Above 24000 NIFTY will be considered in UPTREND again. Hope for the Best!
Kotak Mahindra Bank is Consolidating since 2021 in a Rectangle Pattern. Breakout of the level 2050 with the Volume increase. CMP 2079 It should Retest 2050 again and then rally towards atleast 2500 Lets! Hope for the Best!