NIFTY SPOT
Finally, after 7 trading days Nifty closed positive green today, So now what's our trigger point to initiate fresh buying here, its nothing but mass psychological RK's cloud buy signal, above RK's stop line and also RK's momentum buy signal activated on 15 mins time frame, which is good enough to rely on.
Over all wave structure is also suggesting pullback is due before fresh fall down, once price give close above 20HMA which is pegged at 15370 currently only 20 points far from here, then definitely more action could be seen on chart.
Breakout in rsi on hourly chart along with uptick and rsi entered above 40 levels.
Breakout in macd noticed on hourly chart, also breakout in histogram noticed on hourly chart.
Current wave structure on hourly time frame
Breakout in histogram noticed on hourly chart
Breakout in macd noticed on hourly chart
Breakout in rsi on hourly chart along with uptick and rsi entered above 40 levels
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Over all wave structure is also suggesting pullback is due before fresh fall down, once price give close above 20HMA which is pegged at 15370 currently only 20 points far from here, then definitely more action could be seen on chart.
Breakout in rsi on hourly chart along with uptick and rsi entered above 40 levels.
Breakout in macd noticed on hourly chart, also breakout in histogram noticed on hourly chart.
Current wave structure on hourly time frame
Breakout in histogram noticed on hourly chart
Breakout in macd noticed on hourly chart
Breakout in rsi on hourly chart along with uptick and rsi entered above 40 levels
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.