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CNX NIFTY 6,189.35 +143.50 + 2.37 %
Nifty is making an inverted Shoulder- Head-Shoulder pattern.A break and close above 6230 for 2-3 days will be bullish.
NIFTY DAILY
NIFTY WEEKLY
On the weekly chart Nifty is making an inverted shoulder head shoulder pattern but the volumes on buy days are not picking up.A close above 6230 on Weekly basis with increase in volumes would be bullish.
BANK NIFTY 10,744.90 + 408.35 + 3.95 %
Bullishness in Bank Nifty can be only talked after it closes above 10954, the 200 dma, for 3 consecutive days.
CNX NIFTY 6,189.35 +143.50 + 2.37 %
Nifty is making an inverted Shoulder- Head-Shoulder pattern.A break and close above 6230 for 2-3 days will be bullish.
NIFTY DAILY
NIFTY WEEKLY
On the weekly chart Nifty is making an inverted shoulder head shoulder pattern but the volumes on buy days are not picking up.A close above 6230 on Weekly basis with increase in volumes would be bullish.
BANK NIFTY 10,744.90 + 408.35 + 3.95 %
Bullishness in Bank Nifty can be only talked after it closes above 10954, the 200 dma, for 3 consecutive days.