DAILY CHART
DAILY CHART
DAILY CHART
HOURLY CHART
- The first chart shows a triangle in the making.
- The pattern is not fully completed yet. The pattern can give false break out so think about your stop losses before thinking about your targets.
- The second chart is an inverted head and shoulders pattern with neckline at 5135 for today.
- The next chart shows the moving averages.
- Nifty has managed to close above 10,20 and most importantly above its 200 day moving average.
- But the 20 day moving average is still stuck below the 200 moving average a very bearish sign.
- The next chart shows the gaps in HOURLY chart. The gaps created by last 4 days of trading action has been filled . The only gap that's yet to be filled is the gap that's created around the 4800 levels.
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