- Nifty weekly chart shown with the trend line which can give support for the index in case of a correction. Breaking the trend line will favor the bears.
- An inverted head and shoulders possibility was shown on monday. Now bears are also putting together a good continuation pattern. If price breaks below 5400 it may confirm a bear flag breakdown which can extend gains for bears.
- So this one can go either way, lets watch the levels 5400 and 5635
- S&P 500 DAILY CHART ANALYSIS
Good Morning San.
ReplyDeleteyou have some good charts with trendlines
ReplyDelete@Prabakar
ReplyDeleteGood Morning Prabakar
@Yash
ReplyDeleteThanks