Daily Chart
Half Hourly Chart
- Third bullish candle and closing above 61.8% retracement level of fall from 5310 to 4675 opening up the possibility of testing 5310 .
- Volumes on the rise since the budget day have been on falling volumes.
- Channel breakout target of 5065 achieved effortlessly.
- Roc , Rsi and stochasticson half hourly charts continue in negative divergence.
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
5 comments:
How is your nephew?
QUOTE : Third bullish candle and closing above 61.8% retracement level of fall from 5310 to 4675 opening up the possibility of testing 5310.
If nifty closed below 5065? the above is invalid?
Thanks and regards
nephew still in nursing home.
yes below 5065 we have to rethink
Madam Namesthey,
Hope everyone at ur side is fine. this side mahalingam. today again the mkt closed above the 61.8%. will it take to 78% retracement. Hours stochastic is above 95. your views plz.
namesthey
kris will put up my post soon
madam thank u.
take care
namesthey.
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