although trend and oscillaors are still up in weekly nifty, but the sentiment has changed.
Expect a triangle formation and a subsequent breakout on upper side.
for education purpose only
Lets have a look at the chart
Bull looking for 18050
Bear looking for 17700
Above 18050 n sustainability can can lead to new high
Sustainability below 17700 can see lower low formation and short term downtred
Many YOU-TUBERS and RESEARCH ANALYST recommend buy on dip but many few of then recommend the levels
here is a try for levels on which we should buy on DIP
View on SGX Nifty for 15-09-2021.
As per the Chart Currently Sgx Nifty is trading in Sideway Trend but it break and close above the Resistance Line which is 17450 then we might see the upside of 100 to 125 points i.e. 17550-17575.
On Other Side of coin there is Strong Support of 17350 if it break then it may go to test Horizontal Support Line which is coming at...
SGX Nifty gives FPIs an advance chance to take positions before Indian market opens up.
Contrary to popular belief, it is very much liquid and since SGX sessions last more than Indian market, it is darling of FPIs.
On one hour candle, SGX Nifty can be seen drifting towards Support and if this is breached decisively, we might see a bigger move.
On the upside,...
After a month long range bound consolidation, a clear close above the range (15920) is very promising. Breach of 16000 and then it's extension is likely outcome.
