babufcs
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since Aug 15, 2018
apollohospital
breakout
cyclical
economiccycle
fibonacci
headandshoulders
nifty50
pullback
short
supportandresistance
technicalanalysis
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- Apollo Hospitals is in major RESISTANCE zone. - The Black linear line represents the zone. - Follow the below information in order to confirm if there will be a breakout or pullback? Ans: Those Yellow color vertical lines are called the 'CYCLICAL LINES' and are drawn whenever a candle is formed will represent the trend reversal. If you observe, post these...
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Hi All - Since the analysis is pretty long, I've listed out all the steps which are required to complete the analysis. Step 1: On 15th April 2020 NIFTY closed below the Fibonacci level of '0.236'. Step 2: The two black liner lines act as a major RESISTANCE and SUPPORT zone on daily charts. Nifty expected to breakdown the SUPPORT zone since the gap between the...
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