NIFTY :
Blue line - Struggled to close above this
Black Lines - Channel support/resistances
Orange Lines - Immediate Supports
Blue line - Struggled to close above this
Black Lines - Channel support/resistances
Orange Lines - Immediate Supports
Commento:
Retested the Support (earlier resistance), bounced strongly from there.
Commento:
Blue Line
Commento:
Trendline Broken (Black dotted extended line)
Now, Focus on support(s) (Orange) below:
Now, Focus on support(s) (Orange) below:
Commento:
Broke the Trendline (extended black dots) , tried to retest (extended black) but failed.
Commento:
Point of concern is this Inverse Flag Pennant (Black) , Next session, this might breakdown and then focus to be on orange supports ! Let's see... market Supreme
Commento:
As anticipated, Broke down! Market Supreme
Commento:
Current rejection from Trendline (Black dots extended)
Commento:
Opened GAP Up for all time High BUT rejected from resistance (Extended Black line) :
Commento:
Watch Out ! Attempting to break trendline (extended dotted black)
Closed above blue line .