Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, July 9, 2020

Bank Nifty Update



Daily Chart 



 Half Hourly Chart 



Shooting star will attract the bears and the double bottom breakout the bulls.Time for both to tighten stops.


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Happy Trading !!

Lakshmi Ramachandran

Nifty Confirms Bearishness of Hanging Man



 Daily Chart 



 Half Hourly Chart




So bearishness of the hanging man was confirmed.Till the high made at 10848 is not taken out on a closing basis bears rule.

Till the red uptrendline from 7511  is not broken bulls can make a comeback.

A lot of pork to be eaten meanwhile ! 😀


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Happy Trading !!

Lakshmi Ramachandran

Wednesday, July 8, 2020

Bank Nifty Intraday Update



 Half Hourly Chart 


Bank Nifty will confirm a double bottom if manages a close above the 21967 high today.


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Happy Trading !!

Lakshmi Ramachandran

Bank Nifty Update



Daily Chart 




follow me on twitter http://twitter.com/#!/lucksr

Happy Trading !!

Lakshmi Ramachandran

Nifty Defies The Bears



Daily Chart 


A classic Hanging Man candle pattern was formed. This is a reversal signal, but of course, needing confirmation today with Nifty moving lower and closing lower too.

RSI 14 is in the overbought zone making it more reliable if today prices were to move lower.

 Daily Chart 



 Half Hourly Chart 






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Happy Trading !!



Lakshmi Ramachandran