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Showing posts from August, 2020

WEEKLY REPORT AS ON 08 AUG 2020

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DEMAND & SUPPLY  IN MARKET FOLLOW ME:  @Arktechnicalre &  YOUTUBE:  RESEARCH MARKET ARK  ( https://www.youtube.com/channel/UCjLpaQ0jo5Xb93aHDP15lwA ) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ INDIA VIX >>> We had mentioned in our earlier week an index had been trading with lower top lower bottom formation with having stiff resistance of 25-26.   This week an index made a Doji pattern. An index is having support near 21 level any breakdown below this level we could see index near 18-17 level.   The momentum indicator also in a weak zone with slopping downward.  MACD also in a weak zone.     NIFTY 50 >>> Compared to earlier week an Index has given positive close but it has not broke earlier week high of 11341.40 which is hurdle.   An Index  currently trading with multiple  support of 11000-10900 ne...

WEEKLY REPORT AS ON 02 AUG 2020

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PROFIT BOOKING IN MIDCAP & SMALLCAP  FOLLOW ME:  @Arktechnicalre &  YOUTUBE:  RESEARCH MARKET ARK  ( https://www.youtube.com/channel/UCjLpaQ0jo5Xb93aHDP15lwA ) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ INDIA VIX >>>> We have been seeing India vix trading with lower top lower bottom formation. An Index has stiff resistance at 26.56 levels. Which is 78.6% level. last two weeks Index trying to move upside but it has not able to break its previous top, which is not sign of index. For coming a week any breakdown below its support level of 22-20 we could be see movement in an index. Till the time an index range could  be 23-26 level. The momentum indicator also in flat around 43 level. INDIA VIX WEEKLY NIFTY 50 >>>> After, positive rally last week we have seen little supply at the top. An Index has made a new high but it hasn't sustained ...