Hello everyone this chart technically measured and filtered by TEAM INFINITYIV.
LEVELS FOR WEEK.
STRONG RESISTANCE :-
⬆️ 17875 ⬆️ 18172 ⬆️ 18470
STRONG SUPPORT:-
⬇️ 17729 ⬇️ 17292 ⬇️ 16800
POSITIVE:-
1. PCR
2. RBI no change in repo rate.
3. Reliance bullish.
4. Crude oil prices.
5. Normal situation after COVID.
NEGATIVE:-
1. Nifty looks like third rejection.
2. Neutral buying.
3. World market negative.
4. War still on.
5. Neighbors country unstable.
6. Less trading day in week
CHART PATTERN AND INDICATORS.
1. Falling wedge pattern seen on weekly time frame.
2. All indicators turned negative on daily and shorter time frame.
SMART PICK FOR WEEK.
FOR LONG.
1. SUNPHARMA
2.ADANIENT
FOR SHORT.
1 ZEEL
2. Escort.
NOTE:-
1. We don’t have any position in above mentioned stock.
2. Trading involves risk trade as per your own risk.
GREETINGS:-
INFINITYIV WISHES YOU HAPPY RAMNOVAMI.
LEVELS FOR WEEK.
STRONG RESISTANCE :-
⬆️ 17875 ⬆️ 18172 ⬆️ 18470
STRONG SUPPORT:-
⬇️ 17729 ⬇️ 17292 ⬇️ 16800
POSITIVE:-
1. PCR
2. RBI no change in repo rate.
3. Reliance bullish.
4. Crude oil prices.
5. Normal situation after COVID.
NEGATIVE:-
1. Nifty looks like third rejection.
2. Neutral buying.
3. World market negative.
4. War still on.
5. Neighbors country unstable.
6. Less trading day in week
CHART PATTERN AND INDICATORS.
1. Falling wedge pattern seen on weekly time frame.
2. All indicators turned negative on daily and shorter time frame.
SMART PICK FOR WEEK.
FOR LONG.
1. SUNPHARMA
2.ADANIENT
FOR SHORT.
1 ZEEL
2. Escort.
NOTE:-
1. We don’t have any position in above mentioned stock.
2. Trading involves risk trade as per your own risk.
GREETINGS:-
INFINITYIV WISHES YOU HAPPY RAMNOVAMI.
