Nifty 50 ( BULLS Vs BEARS) Daily Chart candlestick Analysis

27 апр. 2018 г.

Nifty index remained range bound for most part of the day in last week till Expiry then witnessed buying in last half an hour of the session to extend its move towards 10630 zones. As previous Recovery from BULLS extended their Moves Against Bears on Expiry with 10600 Zone marks, It erased previous day’s losses and formed a Bullish Candle on the daily scale, index has been finding multiple support at 10500-10550 zones from last eight trading sessions. Now it has to continue to hold above 10550 zones, to extend its move towards 10685-10705 zones while on the decline next major support exists at 10500 zones.
The Month of April Expiry was Full of Action done …Will Bulls Ahead same in MAY-2018? Or Bears would drag Bulls to NEW Lower Level of Previous Month?
What would BEARS Do in his Next Attack on BULLS???
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Sachin