Thursday, 31 August 2017

Head and shoulder Pattern

In Head and shoulders pattern is basically top is created by three successive rallies in the price following a significant uptrend.
in this chart chart pattern Highest high is in the middle then by two lower high around same price,with confirmation on volume. and neckline is like support .

We will understand this by example of Justdial

Saturday, 19 August 2017

NIFTY weekly support and resistance ( 21 st August to 25th August 2017)






Closed  @ 9837

EMA 10  @ 9887
EMA 20 @ 9897
EMA 50 @ 9791

Resistances: 9912,10004
Supports: 9815,9709,9593

BANK NIFTY weekly support and resistance ( 21 st August to 25th August 2017)






Closed  @ 24074

EMA 10  @ 24329
EMA 20 @ 24350
EMA 50 @ 23961

Resistances: 24687,25016
Supports: 23900,23894,23600,23116

Friday, 11 August 2017

NIFTY weekly support and resistance ( 14th August to 18th August 2017)

Closed  @ 9710

EMA 10  @ 9920
EMA 20 @  9916
EMA 50 @  9779

Resistances: 9820,9912,10004

Supports: 9984,9908,9849,9805

BANK NIFTY weekly support and resistance ( 14th August to 18th August 2017)



Closed  @ 23985

EMA 10  @ 24479
EMA 20 @ 24418
EMA 50 @ 23917

Resistances: 24358,24687,25016
Supports: 23894,23600,23116

Friday, 4 August 2017

NIFTY weekly support and resistance ( 7th August to 11th August 2017)



Closed  @ 10066

EMA 10  @ 10021
EMA 20 @  9942
EMA 50 @  9755

Resistances: 10073,10108,10201,10297
Supports: 9984,9908,9849,9805

BANK NIFTY weekly support and resistance ( 7th August to 11th August 2017)

Closed  @ 24827

EMA 10  @ 24744
EMA 20 @ 24450
EMA 50 @ 23811

Resistances: 24953,25018,25268,25427,25587
Supports: 24617,24381,24393

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