Weekly Analysis:
Daily Analysis:
Hourly Analysis:
Summary:
Daily & Weekly UP, Hourly in a triangle. Daily & Weekly resistance 5910 - 5980. Hourly break on DOWN side target 5625.
Bearish sentiment has been firmly thrashed by this steep movement in all time-frame charts. A fall is soon to emerge. The nature of the fall will determine the future course of action for Bulls. Deciding level for bears will be 5650 level.
Daily Analysis:
Hourly Analysis:
Summary:
Daily & Weekly UP, Hourly in a triangle. Daily & Weekly resistance 5910 - 5980. Hourly break on DOWN side target 5625.
Bearish sentiment has been firmly thrashed by this steep movement in all time-frame charts. A fall is soon to emerge. The nature of the fall will determine the future course of action for Bulls. Deciding level for bears will be 5650 level.
Hi Rajib,
ReplyDeleteThe charts have gone colorful.Looks like a Post Holi effect :).They are looking nice.
So apprx 5980 level where U are keeping the Point of Invalidation of the Bear Market.ummh--
Lets see.
Like P&F I've also become slow it seems ... celebrating Holi a month after ... :P
ReplyDeleteThe charts are too strong to be bearish. Expecting some activity near 6000 / 5650 level.