vashishthviraaj

vashishthviraaj

As you can see there is a formation of a flag pattern which is a bullish pattern and Nifty has given a breakout of this pattern with the target of approx. 300 points i.e. 17000. It will make some swings but overall its has given a breakout. The only possible rejection is on the level of 16690-17000 according to the fibonacci as well as previous rejection, trend...

vashishthviraaj

You can clearly see a divergence in RSI and Nifty chart. So anytime selling can come, I advice that to be on the safer side, the moment a 15 min candle closes below the ORB range a put option can be considered to buy or an call option can be considered to sell. But for more aggressive traders if nifty breaks the yellow trend line you can initiate a trade and we...