NIFTY View - Way Forward

2월 29일

NIFTY :

Blue line - Struggled to close above this

Black Lines - Channel support/resistances

Orange Lines - Immediate Supports

3월 2일

노트

Super Bounce :

Closed above blue line .

3월 6일

노트

Retested the Support (earlier resistance), bounced strongly from there.

3월 6일

노트

Blue Line

3월 13일

노트

Trendline Broken (Black dotted extended line)

Now, Focus on support(s) (Orange) below:

3월 15일

노트

Broke the Trendline (extended black dots) , tried to retest (extended black) but failed.

3월 15일

노트

Point of concern is this Inverse Flag Pennant (Black) , Next session, this might breakdown and then focus to be on orange supports ! Let's see... market Supreme

3월 19일

노트

As anticipated, Broke down! Market Supreme

3월 28일

노트

Current rejection from Trendline (Black dots extended)

4월 4일

노트

Opened GAP Up for all time High BUT rejected from resistance (Extended Black line) :

4월 8일

노트

Watch Out ! Attempting to break trendline (extended dotted black)