Shreyron

Shreyron Updated 

federal bank if breaks out of the channel could touch recent highs or #ATH. though the market in bearish, but seems to get back in a hurry. first hurdle seems to be 100 and second 108. keep on radar.

Shreyron

at support will it go up or fall with sentiment. bearish sentiment market is volatile

Shreyron

getting back into the weekly/monthly channel and hourly chart on uptrend. will it break the previous high or go down with market.

Shreyron

multiyear breakout or breakdown. lets see what happens

Shreyron

Stairs to climb and elevator for down trend . lets see what happens

Shreyron

is this a trap? monthly weekly and daily EMA 20 lower than ema 63 and price just zoomed above daily EMA 20 ?

Shreyron

if the nifty in channel stays it will keep going up. if it breaks the channel then the fall will be steep.

Shreyron

self explanatory blue line BO nifty likely to BO or BD this week

Shreyron

break out level 17762 break down level 16504 else stays between the two for entire week.

Shreyron

no comments.if 15900 broken we are looking at 15400 and 14800.

Shreyron

Nifty is trading below 63 and 100 Ema and touched 150 EMA. while on downtrend if doesn't give a breakout this week.we may head towards 16000.

Shreyron

too far away from mean 20 sma , magnetic effect will take place and wait for retracement to touch 20 sma , don't go long for very long.