Bullish gap up Candlestick pattern was formed by Nifty50 PR 2x Lev on 19/02/2020
Bearish gap down Candlestick pattern was formed by Nifty50 PR 2x Lev on 18/02/2020
As Per ADX, stock is not trending with ADX of 15.0819 and is not trending for 10 Days
Chart of Nifty50 PR 2x Lev has formed Pattern - TRIANGLE_ASCENDING. Validity of this pattern is atleast for duration : 24/06/2019 to 20/02/2020 This formation is first detected on 17/02/2020. and as per our algorithm it is still valid till 20/02/2020.
Chart of Nifty50 PR 2x Lev has formed Pattern - TRIANGLE_ASCENDING. Validity of this pattern is atleast for duration : 24/04/2019 to 20/02/2020 This formation is first detected on 17/02/2020. and as per our algorithm it is still valid till 20/02/2020.
Stock of Nifty50 PR 2x Lev has formed Resistance (trend line) with dates 14/01/2020, 20/12/2019, 04/07/2019, 03/06/2019, on daily Charts. Lowest point touched during this period is 4172.95.Resistance line still holds good. Stock price : 5158.8 is hovering just below Resistance price of 5441.3. If other indicators are supportive then a short selling could be an option.
Strength is based on Deep Analysis, Back Testing and Historical Trend Analysis using Machine Learning. Overall Technical Strength is based on 50+ indicators including Technicals, moving Avg, chart patterns, candlestick and proprietary algorithms.Technical Strength is currently calculated around around 5 to 6 PM. This is an automated process and in NO WAY should be considered as a tip as its based on past data. We strongly recommend to use these signals for information only and seek advise from a certified professional for any trading decision.If you like it then please share. The more the visitors the more the innovations. Feedback
We are working on fundamental strength also. Please share your views to help shape up the requirement.
( Intraday Analysis is on 15 Mins Delayed Data. All Other analysis is based on End of Trade day's Value. Expected time of update is between 5 to 5.30 PM exchange time Zone)
