NIFTY 50 future TRENDS-Part 2

[SEVEN STAR]

TRIANGLE BREAK DOWN BEARISH VIEW AS LONG SPOT FAILS TO CLOSE ABOVE 6200
WILL GET CONFORMED CLOSE BELOW 6050
LOWER TARGETS ARE 6005 5950 5920 AND 5870

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[SEVEN STAR]

Spot nifty made low at 5973 exact to previous low and bounced from there
to close at 5995. On weekly closing it is negative closing
5825 low recorded on 1st week of OCT. 2013 after that spot nifty weekly never closed below 6000.
fail to hold 5970 on closing spot to test 5850 and 5780

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RSI IS AT OVER SOLD TERRITORY BOUNCE IS POSSIBLE UP TO 6060 N 6105

 

[SEVEN STAR]

ONE MORE MONTHLY CLOSE ABOVE 6140 KEEPING THE HOPES FOR NEW HIGH.

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[timepass]

RSI divergence building up ??

 

[SEVEN STAR]

WILL IT BECOME TRUE
P&F CHART..

how to take a screen shot

 

[prabhsingh]

WILL IT BECOME TRUE
P&F CHART..

how to take a screen shot

Can you expand bit more on this chart and key takeaways please.

 

[Stock trendy]

I guess it is screen shot.

 

[SEVEN STAR]

WEEKLY CHART
SPOT NIFTY IS IN A TRADING RANGE 6050 TO 6350 TRADERS HAVE TO WATCH THESE LEVELS FOR LONG TERM TREND REVERSAL
Spot 6350 is Double Top Res. on weekly chart.

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[SEVEN STAR]

SPOT NIFTY SHOWING SIGNS OF WEAKNESS NEAR 6550 LOOK FOR SUP. AT 6450 AND 6350

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[NANDAMAD]

@SEVEN STAR

THANK YOU. Please come often atleast to say hi. Thanks for your guidance