• Recent
  • Categories
  • 0 Unread 0
  • Popular
  • Tags
  • More
    • Guidelines
    • Disclaimer
  • Users
Skins
  • Light
  • Default
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Quartz
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Slate
  • Solar
  • Superhero
  • Vapor
Collapse
Definedge Forum Logo

Nifty - Hey Bulls, Act Now or It's a Good Bye for February

Scheduled Pinned Locked Moved Charts
2 Posts 1 Posters 388 Views
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • Brijesh Bhatia Offline
    bbrijeshB Offline
    Brijesh Bhatia

    Pro User

    wrote on last edited by
    #1

    Is anything interesting in the #BudgetDay2024?

    Let's focus on the Nifty chart here.

    The potential for a bullish trend is evident by forming a Bullish or Inverted Head and Shoulder pattern, indicating a possible upward market move.

    A significant obstacle lies in the form of a gap between 21,800 and 22,000, establishing a formidable resistance zone.

    The presence of a Doji pattern, coupled with bearish momentum on the hourly chart, raises concerns about the weakening grip of the bulls on the market.

    Should the bulls prove unable to breach the resistance, a looming threat emerges as a potential aggressive onslaught by the bears.

    Traders must remain vigilant and watch the levels closely.

    Nifty_01-02-2024.png

    Regards,
    Brijesh Bhatia,
    Definedge Forum.

    1 Reply Last reply
    1
  • Brijesh Bhatia Offline
    bbrijeshB Offline
    Brijesh Bhatia

    Pro User

    wrote on last edited by
    #2

    Bulls entered the Dragon but needed to break the resistance of the gap.

    Nifty_02-02-2024.png

    Regards,
    Brijesh Bhatia,
    Definedge Forum.

    1 Reply Last reply
    0


Recent Posts

  • M
    How to Deleted Custom Stock Group?
  • S
    King Oscillator
  • R
    Total Open Interest (ToI)
  • B
    Swing breakout pattern in candlestick chart.
  • S
    GETTING DIFFERENT RESULT FOR MIP 38 FROM WHAT IT IS MENTIONED IN THE BOOK
  • Login

  • Login or register to search.
  • Blog
  • Youtube Videos
  • Refresh
  • First post
    Last post
0
  • Recent
  • Categories
  • Unread 0
  • Popular
  • Tags
  • More
    • Guidelines
    • Disclaimer
  • Users
  • Login

  • Login or register to search.
  • Blog
  • Youtube Videos
  • Refresh