Free Stock market / Nifty intraday tips

Nifty, SGX NIFTY, GOLD…

As per the channel, two resistance can push the price toward 8515 and 8340 follow by Resistance 8592-8632 Almost all major resistances and supports are plotted on the chart.  If price close above 8620 above, then i will update fresh chart.

? 8323 target then, price will not break or close 8622. Incase of break & close above 8612, then channel will not continue.

Daily chart for SGX Nifty:

  • During the falling wave, 3 times reduction in price has been seen.
  • While using the retracement, 32.2% retraced is at 9249.
  • Price rotation range is between 8838 and 8188.

Almost many things are till remaining on the chart although i have plotted following:

  • Flag pattern
  • Major and minor channel
  • Initiative move
  • Responsive move
  • major and minor support level
  • Waves

Channel support 1559 nearby for GOLD .

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