Unit of Technical Analysis

today's candle makes it Bearish engulfing, so more downside coming on Monday

Nifty 50% retracement target of 1.272/ 1.618

Kotak: trend breakout

Banking stocks are looking good for a Pullback, ICICI, Kotak for next few weeks. SBI is stil holding good while HDFC twins will take some time to recover.

Nifty Weekly Candle, If closes positive today, we wil be having a Bullish engulfing an indication to go long in Nifty

Nifty cycle today. RSI & MACD were down completely since morning

Nifty took support around 0.236 level and gave a good closing yesterday, next support is 0.5 level which is 17119.

Reliance Today: Always remember there is generally a reversal before the Stock/ Market starts moving down.

Nifty & Dow jones Weekly candles indicating a bearish mode. Awaiting confirmation for reversal this week, before going long position

Nifty and Dow jones comparison: Daily basis. nifty has a support of 0.5 & 0.236 of the range formed after 120 day low completion. while Weekly candles are still bearish, so if doing long, wait for a confirmation in Weekly candle

nifty has completed the 120 days cycle. The current scenario is explained in the video.

10th April Weekly view was Bearish, it reached almost 2.618 level

Nifty: Gann 120 days cycle completion. That completes the yearly cycle (3 X 120 days completion)

@all

WD Gann Trading Techniques Chapter 2: Tunnel through the Air: Book review part1/2 is uploaded

my apologies guys, there was an bug while uploading hence it was not recorded properly so deleted the video, will record it again and re-upload it. Thanks