peace_lover

peace_lover Updated 

Nifty took support twice from yesterday's resistance zone (resistance was tested twice yesterday) Cradle pattern involving doji, hammer, hanging man was formed in the middle of the day indicating upcoming sudden directional movement which came later in the day

peace_lover Updated 

Nifty will behave very wildly today without any strong price movement Initially going upwards then will reverse and go downwards and finally will go upwards again Chances are very high for it to go sideways & it will be extremely difficult to make profits from intraday today

peace_lover

nifty had taken support twice from a very strong resistance zone formed since the last 2 days after the market opening today nifty had formed an ascending wedge pattern since yesterday which was broken out later in the day and consequently nifty went upwards by the same amount as the width of the wedge

peace_lover

Nifty took support from the support line tested by previous day support & day before yesterday's strong resistance after the opening of the day and consequently went upwards a lot due to the support line being very strong due to presence of multiple support & resistances on the last 2 days After that it took resistance from a previous day resistance line and...

peace_lover

NSE:NIFTY had broken out of the last few days' rectangle pattern yesterday and has hit the TP of that pattern it had taken support and resistance at several points for the last few days within the rectangle pattern