In the update for Jul-02 post, I mentioned "The hourly chart gave a bullish MA crossover. Bullish crossover after bearish crossover suggests the rangebound possibility. The range maybe 21300-22300." In...
Banknifty opened Gap Down and continuously moved down. In the last two days, it almost falls more than 1200 points. We can capture this move from nearly the top of 23000. The daily chart shows Banknifty...
Today's move was very volatile. Banknifty opened the Huge gap up, almost 600 points, and made top @ 20638. But could not sustain and fall 1000 points making low @ 19507. It made Double Bottom Pattern on...
The daily VIX chart shows the formation of Doji candles at the bottom and reversal. The daily RSI crossed the previous resistance level of 40. The MACD signal gave bullish crossover suggesting bullish...
Price Patterns The Indicator chart itself can provide clues to future price moves. When studies together with the price chart, one can get better insights into market movements. TA Principles on Indicators The...