Unit of Technical Analysis
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إظهار المزيد2 815
المشتركون
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-27 أيام
-430 أيام
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Nifty has given 50% retracement only so good chances of a reversal upto 0.236 of day range or gap filling
17700 is 50% of range from top
Let's see if nifty crosses and sustains above this level
Bank Nifty Short: 1.272 completion Long: Double top and trying for a breakout.
Relaince: Short term (2 hour) completion of small retracement @1.272 and long term (Daily) trend support above 1.618 level
It was not only 1.272 completion but
Bullish Divergence in 15minutes time frame also
Remember Nifty/ Reliance will give a 50% retracement
We hold on to the position to go long
Nifty and Reliance both completed 1.272 retracement from top and now at
0.786 of day range
Nifty has completed 1.272 retracement from top
Hope it crosses days high today
Bullish divergence followed by 0.236 retracement and now support @0.5 level
lets see agey kaisa jata he
Hopefully should see good upward movement in Reliance now after consolidation
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5min chart
Reliance came down took support @0.236 and hopefully should move up now.
