Comments-
Bollinger Bands- Stock is riding close to the upper level of the bollinger bands, indicates bullishness in the stock.
RSI- It is at 69 level and expected to reach 75-80
Volume- There is not any sudden variation in volume indicates trend continuation.
Comments-
Bollinger Bands-Stock is riding along the upper bollinger bands indicates bullishness in the stock.
RSI- It is at 72 and expected to reach till 80.
Volume- Ther is not any variation in volime indicates trend continuation.
Comments-
Bollinger Bands-Stock is riding along the upper bollinger bands indicates bullishness in the stock.
RSI- It is at 73 and expected to reach till 80.
Volume- Ther is not any variation in volime indicates trend continuation.
Nifty 50
1-A Hanging Man is a bearish reversal candlestick pattern that is usually formed at the end of an uptrend or at the top.
2-The Nifty made a strong recovery from the intraday low of 14,692 and formed a Hanging Man pattern and a small bullish candle on weekly charts.
3-India VIX has been in a tight range at around 20-mark, down 3.16 percent from 20.64 to 19.98 levels.
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Your analysis is superb