Previous Multiyear Resistance now Act as a Multiyear Support . So now Nifty50 Equal Weight Price Trading near multiyear Demand zone (low risk zone).
TCS stock price follow a Mulityear uptrend channel and channel lower boundary act as a Multiyear Support .
After a Strong corrections finally price trading near multiyear support ( low risk zone for any stocks) . So we may take some risk for upside .
After strong corrections finally price trading near Multiyear Support (Low risk zone for any stock)
After Strong Corrections this Stock price now trading near Multiyear Support . Low risk zone for any stock .
This stock price trading near multi decade support and low risk zone for this stock . High probability may be we will see some counter rally .
S & P 500 PRICE TRADING NEAR MULTI DECADE RESISTANCE . Looks like price try to create a Top
After a strong uptrend finally price cooldown and trading near multiyear trendline (act as a low risk zone )
After Multiyear Consolidations breakout price finally retest its breakout level and as per price action previous resistance now act as a support .
Price Trading Near Multiyear Multiple Support Zone. such as Multiyear Momentum line & Previous Made Inverse Head & Shoulder Pattern. Neckline act as a Support Now.
Historically RIL always bottom formed near 200 week SMA Zone (+- 5%) . Low Risk zone near multiyear support 970
If we closely watch hashtag#Nifty50 weekly setup look like multiyear breakout re-test and in daily time frame in panic case price may be test near 24300 because of AVWAP .
After a strong down trend finally price ready for Trend Reversal above 751
After multiyear uptrend near life high price construct a Cup & handle chart pattern and break the neckline . Normally after this type of pattern price maximum time continue the trend and previous swing low act as a Stop loss .
After multiyear consolidations finally price break the range testing its 200 week SMA . Now price ready to test Multiyear high . Previous swing low act as a stop loss
After Multiyear Consolidations Finally Bajaj group test its 200 Week MA and Ready to Outperform.
Because of Global Selling Nifty also Crash 3% but high probability price now stable because of Anchored VWAP Support near 23700
In year 2007 Price break multiyear resistance with Monthly Hammer and move up to 37% and This setup looks like repeat in 2024 .