Monday, September 04, 2017

MCX Watch List


MCX trading in a descending triangle. A pitchfork channel and its trigger line is broken two times.

Strong resistance at 1139.  A break below 1030 MCX can come down to 900 again.

That is the technical view. Now the fundamental says that a 100% rise in the profit only can change the scenario soon
 
 
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Gann Date combination for Nifty from 7511 bottom on 24.march 2020

 Gann Dates falling  from the bottom 7511 on 24/3/2020

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    Can we expect a prebudget rally? Based on current technical positions I believe that, it is not possible. Nifty is having support at 4100 le...
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