NIFTY View - Way Forward

٢٩ فبراير

NIFTY :

Blue line - Struggled to close above this

Black Lines - Channel support/resistances

Orange Lines - Immediate Supports

٢ مارس

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Super Bounce :

Closed above blue line .

٦ مارس

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Retested the Support (earlier resistance), bounced strongly from there.

٦ مارس

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Blue Line

١٣ مارس

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Trendline Broken (Black dotted extended line)

Now, Focus on support(s) (Orange) below:

١٥ مارس

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Broke the Trendline (extended black dots) , tried to retest (extended black) but failed.

١٥ مارس

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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

١٩ مارس

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As anticipated, Broke down! Market Supreme

٢٨ مارس

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Current rejection from Trendline (Black dots extended)

٤ أبريل

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Opened GAP Up for all time High BUT rejected from resistance (Extended Black line) :

٨ أبريل

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Watch Out ! Attempting to break trendline (extended dotted black)