Banknifty Monthly Chart Analysis Banknifty Monthly chart is posted here. If we take a look at 14 period-RSI, it broke 40 levels the first time after Sep-2001. In the month of Apr, RSI took resistance...
The following chart shows various time cycles on Nifty. What Happened? In 2019, Gann 90 year cycle completed. This cycle comes from 1839 depression followed by 1929 depression. In Feb-2020,...
Nowadays, most traders and investors in the stock market are very sceptical on a recent robust uptrend. The reason for scepticism is self-evident if economies around the world are sinking due to COVID...
Banknifty reversed exactly from the resistance zone of 21600-650 as I mentioned in the last post. It made top @ 21606 near hourly 40-SMA and reversed back making a low of 21212 and closing @21370. The...
Hello Friends,My topic is about psychological supports and Resistance in the price of securities or index. As you know that per round figure price, there is psychological support or Resistance available...