Sky is clear for Nifty [04/11/21]
As of 03/11/21 the market seems to be under control of Bears.
Summary of 03/11/21
The Market dance for 04/11/21
*The last 45 Minutes of 3 Nov shows that 04 Nov Diwali will be under the control of bulls.
*According to Heikin Ashi Candlesticks, the lower leg has reduced dramatically compared to the previous candlestick.
*Stochastic Oscillator shows a clean move of K over D line.
*The Crucial Levels for
NIFTY (04/11/21) is S17736, S17795, CPR17874, R17947, R18011
*Which also makes us to come to a conclusion that still Bulls are still on the Game.
Let Diwali brings happiness on your financial lives.
Summary of 03/11/21
- Starting at 9:15AM - 11:00AM, the market went through a lot of struggle to choose the day's trend.
- At 11:15, bears tried to place a engulfing candle against Bulls.
- The 11:30 Candle opened a path way to dungeon, which gave the control of market to Bears for 2hours & 45minutes.
- Finally a Green Strong Bullish candle gets a crucial support @ 17757.95 exactly at the lower band of Donchain Channel.
- This creates a Bullish sentiment & at last Bulls almost got the control of market, but still resulting a -0.33% Drop.
The Market dance for 04/11/21
*The last 45 Minutes of 3 Nov shows that 04 Nov Diwali will be under the control of bulls.
*According to Heikin Ashi Candlesticks, the lower leg has reduced dramatically compared to the previous candlestick.
*Stochastic Oscillator shows a clean move of K over D line.
*The Crucial Levels for
NIFTY (04/11/21) is S17736, S17795, CPR17874, R17947, R18011*Which also makes us to come to a conclusion that still Bulls are still on the Game.
Let Diwali brings happiness on your financial lives.
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