Gold Update

Daily Chart 

If breaks could continue with a good fall

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Happy Trading !! 

Lakshmi Ramachandran

Gold Update

Gold may see a breakout on the upside having formed a falling wedge and a hammer yesterday around strong support.

Watch out if today's candle is bullish.

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Happy Trading !! 

Lakshmi Ramachandran

Update 17th February 2021

Nifty Daily Chart 

Bank Nifty Daily Chart 

Trend Still positive

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Happy Trading !! 

Lakshmi Ramachandran

Reigning The Nifty and Bank Nifty 15th February 2021

Nifty Weekly Chart

Still positive on Weekly charts. Next target is around 15920.

Nifty Daily Chart  

Negative divergence on oscillators.

Nifty Hourly Chart 

Hourly charts look positive as of now

Bank Nifty Weekly Chart

Bank Nifty Daily Chart

Bank Nifty Hourly Chart

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Happy Trading !! 

Lakshmi Ramachandran

Reigning The Bank Nifty 8th February 2021

Weekly Chart 

 Daily Chart 

Daily Charts have formed a shooting start which is a bearish reversal signal. However confirmation of the bearishness is required in the next candle. 

Look out for a bearish candle to form tomorrow to confirm bearishness. Else the trend continues.

 

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Happy Trading !! 

Lakshmi Ramachandran