The Nifty50 index has been exhibiting intriguing technical patterns, hinting at potential bullish momentum if certain key levels are breached. On the charts, there's an evident inverted head and shoulders pattern that has been forming since March 14th, 2024. This pattern typically indicates a reversal from a downtrend to an uptrend.
Should the index surpass the...
Overview
Observing the current trend and movement of the Nifty index, it is evident that Nifty is showing signs of a bull market. On February 28, there was a period of panic selling that ended at the 21855 level, which is also our trend support level as shown in the linked chart. The Nifty index maintained a sideways movement on Thursday; however, during the...
Is It Right Time To Buy/Sell …. ?
Welcome To This Analysis About Ultratech Cement, We Are Looking At The Daily Time Frame Perspective. As I Discovered Recently In My Analysis Is Ultratech Cement Reached/Trading Nearest There Diagonal Support, And Price Finding Support At Its 50-day Exponential Moving Average And As Looking At My Chart We Can Watch There...