Reigning The Nifty

Monthly Chart 

The target predicted was reached and correction set in as always happens once a technical target is reached.The supports are at 10250-10033-9500-8060.

Fibonacci level supports are at 23.6%  at 10146 ,   38.2% at 9511   and  50% at 9000.

With fibonacci support at 10146 and the last minor support at 10033 this level should hold for the time being.


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Happy Trading !!
Lakshmi Ramachandran

Reigning The Nifty

Monthly Chart 

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Happy Trading !!

Lakshmi Ramachandran

An Update to Act During The Correction

Weekly Chart 

 

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Happy Trading !!

Lakshmi Ramachandran

Reigning The Nifty - Act During The Correction

Weekly Chart 

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Happy Trading !!

Lakshmi Ramachandran

Bullish Weekly Candles

Weekly Chart 

 Hammers are very reliable reversal signals and the Nifty has two in a row with this week confirming their bullishness with a fairly long white candle.Stochasticstoo confirms an upmove having gone into a buy at the oversold levels.

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Happy Trading !!

Lakshmi Ramachandran