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Aug 28, 2019 1:56 AM

DOJI, Gravitating value for NIFTY. 

Nifty 50 IndexNSE

Description

The price is attracting toward the Gravitating Value side, which is already drawn by "a", "b" and "c". In the short time of period, how and why price again coming("d")?

At the "d" point, we've got DOJI(price rejection).

x,y, and z are the demand area from where price bounce to the upside.

The following scenario can be considerable,
  • 1) If a price is moving more up, it will not close above 11150 above. 11181 is last rejection area.

  • 2) For downward move, targets 10925-10950 in short term if "d" point confirm.


Expected opening flat and, Intraday R 11148 to 11181 and support 11065-55



Comments
boindala99
Between 19th and 26th is there a double top formation in 15 minutes chart ? any significance ?
Sarsans
Kaliyugha
Sarsans
I thought so too.
shailendra4all
hahaha just a copy-paste strategy I know the source from where you get this analysis it's free...
mohit.is.kumar
bhuwan1986
Superb analysis, thank you.
ipuneet
bang on target so far.....
gelango65
Good
shanthiraj_Jain
Super kinnari
Ashish_J
👌✌️🤞☝️👌👌
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