Tesla has formed a good triangle.. A break of this Triangle will take Tesla to lower Levels
S&P Vix and Nifty are more closely correlated than one thinks. The movements between the 2 resembles an identical, thou not exact, mirror image. Will this be the top for Nifty as Vix rises from here?
Axis bank is stuck in a channel. It should head higher from here.
Seems like a bounce is ready to happen in Nifty. From the current levels, it won't be surprising to see Nifty trying to stretch out to 18,000 levels before heading back down (Probably!) Only time will tell, but as of today, 5th March 2022, I am optimistically looking forward to the next week for an upside potential. A truce in Ukraine could be a major factor at...
Seems like Nifty Midcap will break thru the immediate channel to resume its trend with the bigger channel.
Was 2008 a one off case or is the pattern repeating and are we headed to another blow off top, before everything tumbles down? Only time will tell, but it's definitely a time to be cautious. #Nifty #Investing #StockMarket #Patterns #Channels