Script - Nifty 50
CMP - 14683.50
Resistance - 14780
Daily Charts
Current pattern (if any) - Looks like a symetrical triangle which is a bullish pattern
Candlestick Trend / Pattern - NA
DMA - Neutral
MACD - Neutral / Bearish
RSI - Neutral
Divergence - NA
Hourly Charts
Current pattern (if any) - A small rounded bottom bull pattern
Candlestick Trend / Pattern - NA
DMA - Neutral / Bearish
MACD - Neutral
RSI - Rounded bottom / bullish
Divergence - Undecided bear
Intraday Charts
Current pattern (if any) - Clear symetrical triangle
Candlestick Trend / Pattern - NA
DMA - Neutral / Bullish
MACD - Neutral
RSI - Neutral / Bullish
Divergence - NA
Final View - No Trade till we see a trend being made in 15m charts. Can expect a breakout above 14780
CMP - 14683.50
Resistance - 14780
Daily Charts
Current pattern (if any) - Looks like a symetrical triangle which is a bullish pattern
Candlestick Trend / Pattern - NA
DMA - Neutral
MACD - Neutral / Bearish
RSI - Neutral
Divergence - NA
Hourly Charts
Current pattern (if any) - A small rounded bottom bull pattern
Candlestick Trend / Pattern - NA
DMA - Neutral / Bearish
MACD - Neutral
RSI - Rounded bottom / bullish
Divergence - Undecided bear
Intraday Charts
Current pattern (if any) - Clear symetrical triangle
Candlestick Trend / Pattern - NA
DMA - Neutral / Bullish
MACD - Neutral
RSI - Neutral / Bullish
Divergence - NA
Final View - No Trade till we see a trend being made in 15m charts. Can expect a breakout above 14780
Comentarios:
14780 has been broken. We can go long now and hope that Nifty 50 holds and closes above 14800 today.