Nifty Weekly Technical for Week 20 June
Nifty Hourly Chart
Nifty Hourly chart shows the last support where a Bounce can be expected is last swing low of 5325. Hourly Chart are still in selling channel as shown in above chart and a close above 5391 and 5440 are important resistance levels.
Nifty Daily
Nifty Daily is again moving in a parallel downward trending channel and No Sign Of Reversal Seen On Daily Charts. Till we are unable to cross above 5440 there is no reversal on cards and rallies should be used to short the market on higher side.
There …
Read the full story »
Nifty Hourly chart shows the last support where a Bounce can be expected is last swing low of 5325. Hourly Chart are still in selling channel as shown in above chart and a close above 5391 and 5440 are important resistance levels.
Nifty Daily
Nifty Daily is again moving in a parallel downward trending channel and No Sign Of Reversal Seen On Daily Charts. Till we are unable to cross above 5440 there is no reversal on cards and rallies should be used to short the market on higher side.
There …
Read the full story »
posted by Bramesh at
8:24 AM
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