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All the three gaps created in last 1 month are filled. We have also taken support at 23800. Is there more pain left or are we setup for a rebound?
#Nifty#Nifty50#Prafulla
My view not recommendation
Are we setup to break above 24,500 and 78,500? Following a low near 24,025, this week's price action continues to exhibit higher highs and higher lows.
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My View not recommendations
From 24,770+, Nifty pulled back toward 24,000 mark before staging a technical bounce to the 24,250-24,280 zone. global cues flat to mixed, expect another session of range-bound consolidation. 24200 - 24400 will be the range.
#Nifty#GiftNifty#Nifty50
After peaking near 24775, market has established a pattern of lower highs and lower lows, retracing over 600 points following a robust 1,175-point rally from 23,600 to 24,775 before pulling back to 24,150. Technically, price action is currently primed for a bounce #Nifty#Nifty50
What is decent level for a reversal and technical bounce. in last 10-11 sessions we have seen a pullback of 300+ points, is there more pain left or we are good to bounce. Are we still setup for a Monthly expiry of 24800 - 25000?
#Nifty#Nifty50#Sensex#GiftNifty
My View, Not Recommendation (Weekly)
After 1,000+ point rally from the 23,600, Nifty has consolidated in tight range near the 20 / 200 DEMA. This pullback appears to form a classic Pole & Flag, signaling a potential breakout toward the 24,800, 25,000, & 25,200
#Nifty#Nifty50