The Nifty Oil and Gas sector looks bullish on daily charts.
Daily Chart
This week we see the weakness in the momentum when we have a negative HA candle with a strong body on the 13th of September. Now the momentum tried to recover from the weakness with 2 green HA candles. But both of these candles have a weak body.
Weekly Chart
The price looks bullish on the weekly Chart.
https://www.tradingview.com/x/RjoRhrUq/
Conclusion: The price will continue to move in the uptrend.
Thanks
Simranjit Singh Virdi
Daily Chart
This week we see the weakness in the momentum when we have a negative HA candle with a strong body on the 13th of September. Now the momentum tried to recover from the weakness with 2 green HA candles. But both of these candles have a weak body.
Weekly Chart
The price looks bullish on the weekly Chart.
https://www.tradingview.com/x/RjoRhrUq/
Conclusion: The price will continue to move in the uptrend.
Thanks
Simranjit Singh Virdi
Nota
Nifty Oil & Gas Sector (Daily Chart): With a bearish cross the price has closed below the resistance level. The sector is in the downtrend. The next important convergence level is 7713.85 which will act as a strong support.
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Pubblicazioni correlate
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.