Saturday, May 12, 2018

Nifty (Asia India) - Ichimoku Weekly Study - Kijun Sen Support - Week 3 of May 2018






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PAST

Index completes the throw back to the Kijun Sen (red line)
Bulls show intent to head towards the All Time High (ATH), with a long green candle last week.

NEXT


Bulls would now need a Higher High above the previous High (ATH)
Bears need life below the red line, to make any impression.


WRAP


Bulls chase the ATH (11703) and a Higher High.
Bears, seek life below the red line (10562).