GIFT NIFTY CURRENT TECHNICAL PATTERN



PRICE ACTION FACTOR :  GIFT NIFTY in Weekly chart near to angular trend line existing from 2020. A Symmetrical Triangle appeared near the angular trend line, where the form appeared after price fall. Generally symmetrical triangle is a kind of PRICE CONTINUATION PATTERN. Usually price to fall in such case, but a rival came into the price path called HIDDEN POSITIVE RSI DIVERGENCE. Lets discuss next.

RSI FACTOR : 5 TH MAY  & 4 TH AUGUST weekly candles formed a positive ( Hidden ) RSI divergence in the chart. 

CONCLUSION : 1 or 2 days to pass on to get clarity in price. One will win either Price Pattern or Positive RSI divergence. MY CHOICE PRICE PATTERN.
 

Comments

Post a Comment

Popular posts from this blog

Why Mediclaim Is Important in India: Benefits, Coverage & Buying Guide (2026)

Image
Why Mediclaim Is Important in India: A Simple Guide to Medical & Financial Safety Why Mediclaim Is Important in India: Benefits, Coverage & Buying Guide (2026) Understand why mediclaim is important in India with real examples, benefits, claim process, tax savings, and tips. Simple guide for families and working citizens. Indian family using mediclaim insurance at hospital counter Mediclaim claim process hospital billing desk India Reviewing mediclaim policy documents at home India Senior citizen medical insurance consultation India family Cashless mediclaim card hospital reception India In today’s India, getting sick is not just a health problem. It is also a  money problem . A small illness can cost ₹30,000. A surgery can cost ₹2 lakh. A serious disease can cost ₹10 lakh or more. Many families lose their savings only because of hospital bills. That is why  mediclaim insurance is very important in India today. In this article, we will explain  why mediclaim is imp...
Read more

Long-Term Impact of Microgreens on Child Development: A 15-Year Comparative Study

  Long-Term Impact of Microgreens on Child Development: A 15-Year Comparative Study Executive Summary This report analyzes the nutritional and developmental differences between two 15-year-old Bengali girls from similar upper-middle-class families, where one consumed microgreens from age 1 while the other followed a traditional diet without microgreens. Key Findings:   The microgreens-consuming child shows measurable advantages in immune strength, bone health, brain function, and overall physical development. Study Background Participants Profile Child A (Riya) : Traditional Bengali diet, no microgreens Child B (Priya) : Traditional Bengali diet + microgreens in various dishes since age 1 Common factors : Same age (15 years), similar weight, same socioeconomic background, Bengali family food culture Bengali Dietary Context Traditional Bengali upper-middle-class diet includes rice, fish, vegetables, lentils, and seasonal fruits. Microgreens were added to Child B's meals through...
Read more

The Next Digital Frontier: A Deep Dive into India's Data Center Stocks for Long-Term Value

  The Next Digital Frontier: A Deep Dive into India's Data Center Stocks for Long-Term Value A Multi-Trillion Dollar Opportunity: India's Digital Backbone in Hyper-Growth India stands at the cusp of a profound digital revolution, with the data center industry emerging as the foundational infrastructure for this national transformation. The government's ambitious objective to build a USD 1 trillion Information and Communication Technology (ICT) sector by 2025 provides a powerful macro-level backdrop, with the ICT sector already projected to be valued at USD 245 billion in 2023. This burgeoning digital landscape, fueled by rapid digitalization, government initiatives like Digital India, and an explosion in data consumption, has positioned data centers not as a peripheral market but as the core engine of economic growth.     An examination of global trends reveals a critical under-penetration that is the primary driver of the sector's explosive growth. While India consume...
Read more