@Master,is rounding bottom seen 6357 to 6164 and breakout above 6357???
or a cup and handle??
Sir ILango ji charan vandan and everyone good morning
@ Prithvi Raulji,"Rounding bottom", if happens at "Bottoms(Lowest points", have significance. This being a consolidation channel, the pattern does not carry importance.This is a consolidating descending triangle pattern as long as prices are stuck between converging lines, one flat & the other declining. False break-outs are common in them. This pattern gets negated below 6130.
guys.. watch immediate res near 6327/32
Goodmorning master and all friends,Bulls and bears fighting for 6300 at present.Approx.equal no.of calls and puts written at 6300 around 6.50 lakhs..
Dear Ilango Sir & Blogmates,OI Table Update at 11:00AM, Pivot-6312, R1-6356, S1-6287, VWAP-6331Another consolidation in the making after the huge up-move of yesterday, VWAP at 6308NF important level for the day….Thanks & Regards
Good Morning Ilango Sir and FriendsBank Nifty Chart analysis: CLICK Here
@raj.abj NAMASKAR TO ALL
New Post Done.
GM Master & blogmates.Have a profitable day.
range bound nifty today, down side 6295 and upside 6320, for more detail to share trading tips in stock future and option please visit here nifty future tips and free stock tips