Friday, 8 September 2017

NIFTY weekly support and resistance ( 11th september to 15th september 2017)





Closed  @ 9934

EMA 10  @ 9912
EMA 20 @ 9900
EMA 50 @ 9833

Resistances: 10004,10013,10138,10195,10215
Supports: 9861,9780,9593

BANKNIFTY weekly support and resistance ( 11th september to 15th september 2017)

Closed  @ 24370

EMA 10  @ 24303
EMA 20 @ 24300
EMA 50 @ 24092

Resistances: 24532,24687,24750,25016
Supports: 24154,23892,23800

Friday, 1 September 2017

NIFTY weekly support and resistance ( 4th september to 8th september 2017)



Closed  @ 9974

EMA 10  @ 9885
EMA 20 @ 9882
EMA 50 @ 9813

Resistances: 10004,10013,10138,10195,10215
Supports: 9854,9762,9593

BANKNIFTY weekly support and resistance ( 4th september to 8th september 2017)







Closed  @ 24434

EMA 10  @ 24289
EMA 20 @ 24294
EMA 50 @ 24045

Resistances: 24532,24687,24750,25016
Supports: 24154,23892,23800

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

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