1. Nifty Media - the Biggest Fall among its Peers (-5.11%) - Comparison between Monthly & Weekly Chart
Month - Beautiful Cup & Handle Pattern - BO attempted today but didn't sustain (no change in pattern)
Week - Inside the Handle - there is an Inv. H&S pattern - Look at the rejection today from BO + Resistance zone of 2500
Neither is this the Biggest Weekly fall (as per weekly chart) nor does it negate the current Bullish Pattern.
After 2-3 months when you see the weekly chart - does it really matter whether it fell 5% in 1 day or 5% in total across the entire week ? no one cares. So why so much noise ?
Month - Beautiful Cup & Handle Pattern - BO attempted today but didn't sustain (no change in pattern)
Week - Inside the Handle - there is an Inv. H&S pattern - Look at the rejection today from BO + Resistance zone of 2500
Neither is this the Biggest Weekly fall (as per weekly chart) nor does it negate the current Bullish Pattern.
After 2-3 months when you see the weekly chart - does it really matter whether it fell 5% in 1 day or 5% in total across the entire week ? no one cares. So why so much noise ?
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- Team Stocks-n-Trends
- Telegram: telegram.me/stocksntrends
- Telegram: telegram.me/stocksntrends
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.