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Anant Parashar’s NIFTY & BANKNIFTY Updates
Now near the fib zone, if break convincingly can see massive upside off here.
Decisive rejection off the 23.60% zone now back at the initial neckline.
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Anant Parashar’s NIFTY & BANKNIFTY Updates
Breakout retest
This is still holding the breakout all this while.
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Anant Parashar’s NIFTY & BANKNIFTY Updates
This is still holding the breakout all this while.
Back inside the channel, failed the breakout.
Plan for a bigger fall?
Plan for a bigger fall?
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Anant Parashar’s NIFTY & BANKNIFTY Updates
Decisive rejection off the 23.60% zone now back at the initial neckline.
Breached below neckline, todays low is a crucial point, if it breaks in near future we might see a bigger fall
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Anant Parashar’s NIFTY & BANKNIFTY Updates
Back inside the channel, failed the breakout. Plan for a bigger fall?
Rejected off 0.382 and towards 0.5
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Anant Parashar’s NIFTY & BANKNIFTY Updates
Rejected off 0.382 and towards 0.5
It can push towards 0.618 because this close is bad.
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Anant Parashar’s NIFTY & BANKNIFTY Updates
This broke out trendline, a bigger fall below 50% fib perhaps towards 61.8%
Bearish continuation post the breakdown. 61.8% should be achievable
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Anant Parashar’s NIFTY & BANKNIFTY Updates
Bearish continuation post the breakdown. 61.8% should be achievable
About to break yesterday's lows
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Anant Parashar’s NIFTY & BANKNIFTY Updates
About to break yesterday's lows
Fell a bit short of 61.8% but bounced regardless and now on its way to close above 50% fib.
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Anant Parashar’s NIFTY & BANKNIFTY Updates
Fell a bit short of 61.8% but bounced regardless and now on its way to close above 50% fib.
Closed candle above 50% fib.
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Anant Parashar’s NIFTY & BANKNIFTY Updates
It can push towards 0.618 because this close is bad.
Back at the trendline.
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Anant Parashar’s NIFTY & BANKNIFTY Updates
This might turn out to be a bull flag on D1
Matter of time before this bounces too.
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Anant Parashar’s NIFTY & BANKNIFTY Updates
Matter of time before this bounces too.
bounce came, hit resistance at 0.50 fib
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