NIFTY View - Way Forward

2月29日

NIFTY :

Blue line - Struggled to close above this

Black Lines - Channel support/resistances

Orange Lines - Immediate Supports

3月2日

注释

Super Bounce :

Closed above blue line .

3月6日

注释

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

3月6日

注释

Blue Line

3月13日

注释

Trendline Broken (Black dotted extended line)

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

3月15日

注释

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

3月15日

注释

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

3月19日

注释

As anticipated, Broke down! Market Supreme

3月28日

注释

Current rejection from Trendline (Black dots extended)

4月4日

注释

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

4月8日

注释

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