Daily Tryst with Nifty

[Sunil]

A test of Spot 4290 will confirm the double bottom (sort of asc triangle attempt).
Breakout of the same gives a pretty ambitious target of around 60 points!!!

 

[Sunil]

seems to have closed the intraday gap (arnav)

 

[MurAtt]

Nopes - gap not filled as yet - that's what I see on Yahoo 5min charts.
4352 major Resistance. 4170 major Support. A break of any of these can add more fuel to the fire ...

 

[maxdhatana]

murtaza.

Do you mean 4170 or 4270????

 

[MurAtt]

murtaza.

Do you mean 4170 or 4270????

4ONE70 --- This is major support. Inbetween there are many minor supports like 4264 is Y'days close etc, then 4235 is y'day's low etc.
BUT 4170 if broken can take us still down underrrrrrr ....

Sunil bhai -- Gap filled now.

 

[MurAtt]

Right shoulder in HnS formation in progress on 2min NF. NL 4288. Break will give 15 pts.

 

[Sunil]

symmetrical triangle developing in 5min from yesterday's chart

 

[Sunil]

symmetrical triangle developing in 5min from yesterday's chart

now at the lower TL

 

[Sunil]

deja vu...

still 13mins to go - and 60min IB is developing in all scrips I follow!!!

 

[Sunil]

4297-4277 immediate triangle BO levels