Yesterday nifty opened high and just crossed previous high. Very narrow movement compared to last 4 days. But it has closed above green...

It seems that this time nifty is facing strong resistance to go up to red line. Yesterday its low and close almost same and on green...

Another day of up and down. Very big red candle. But nifty posted higher high and higher low. It also closed above green line. As long as...

Today we observe very big movement in nifty. Its day's high was 10888 slightly higher than yesterday's high and day's low was 10729...

As expected nifty went up and posted a green candle. It also broken both averages and closed above that. So its journey towards red line...

Nifty posted a long lower leg dojji so indicating that next day it may go up. Also it took support on green line and went up from there....

As expected nifty posted a green candle totally in the channel above green line. So we may expect up move to red line. The 1st resistance...

Nifty made u turn and closed on the green line. So for downward breakout we need one more day to confirm. Else if it closes in channel...

Nifty after opening went up to the high of 10722 which was exactly on the green line. From this point it reversed to post a low of 10585...

Nifty failed to reverse and close much below green line. This is 1st closing of downward breakout. This time it is with more aggression....