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k314

NIFTY monthly chart analysis - 7000-6100 coming soon

Indeks Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indeks Nifty 50
Trend Analysis Chart Patterns Technical Indicators NIFTY
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trendanalysis chartpattern indicator nifty
The crash in Nifty can now take it towards 7000-6100
Komen:
Sorry for the typo. Its 6300 and NOT 6100
Komen:
Entire countries are shutting down en masse, and people are hesitant to call it a “recession?”

The only possible explanation is that it is the most violent recession we’ve ever seen, and people are too stunned to realize it.

- twitter.com/Wealth_Theory
Komen:
This monthly chart anlsysis is in congruence with my weekly chart analysis with a parallel channel.

NIFTY weekly chart study
Komen:
The pirchfork shared in the above analysis is a "modified Schiff" pitchfork. Hence the angle of median is slightly more bullish.

Here is another possibility with "Schiff" pitchfork which shows a bigger downside in the range of 4000-4600

snapshot
Penafian

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