Chart post on request:
BN 15 mins chart - Failure to hold abv tues high suggests no follow through in initiative buying by longs.
43850-43870F is key ref. Below that, risk of testing 43500-43550F.
Fresh long recc abv PDH/if buyers step in at 43500-43550F/
(1/3)
BN 15 mins chart - Failure to hold abv tues high suggests no follow through in initiative buying by longs.
43850-43870F is key ref. Below that, risk of testing 43500-43550F.
Fresh long recc abv PDH/if buyers step in at 43500-43550F/
(1/3)
BN 5 mins - Momentum indicator showing no momentum and clean moves in market most of the time since yesterday.
Compared to that, see signals on Monday. Clean blue bars indicating positive momentum.
Trade light until momentum comes back in.
(2/3)
#stockmarket #banknifty
Compared to that, see signals on Monday. Clean blue bars indicating positive momentum.
Trade light until momentum comes back in.
(2/3)
#stockmarket #banknifty
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Charts courtesy @QuantowerIndia
#stockmarket #banknifty
Charts courtesy @QuantowerIndia
#stockmarket #banknifty
Correction: All numbers are 42XXX, not 43XXX
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