Market Overview: Nifty 50 Futures Nifty 50 Big Round Number on weekly chart. This week, the market had come close to the @20000 level but ran into strong resistance, creating a long tail at the top of this week’s bull bar. The market is trading inside of a tight bull channel on the weekly chart, […]
FTSE 100 Failed Wedge Top, Always In Long
Market Overview: FTSE 100 Futures The FTSE futures market moved higher with a FTSE 100 failed wedge top and we are still always in long. The bulls have measured move targets just above and want to reach them. They also have some trapped traders from before that might need to get out. The bears shorted the […]
Nifty 50 futures trading range likely
Market Overview: Nifty 50 Futures Nifty 50 futures on weekly chart gave strong bull close after wedge bottom and 2nd leg trap increasing chances of upside momentum for next week. But trading range likely due to sharp selloff in previous week. Nifty 50 on daily chart turned out that bear flag was final flag, so there […]
