The candles suggest a sideways move.
Price Action is - above the span, a positive with support at cloud top,
- above KS, a positive, but KS in cloud is making it neutral,
- closing at TS, which is settling sideways, a neutral.
CS remains positive.
Cloud for now is sideways with amble breadth.
Fibo fans are supportive to the price.
The trend favours positive direction, while the trendline and channel top is holding it for now.
The move can come with the triangle breakout, channel breakout.
Its a fluid time for the price.
The moving averages are with shortterms over the longterms EMAs. The lagged info is positive.
The Elder remains positive, the histos are still climbing.
Spectrum has a squeeze, but the alignment is positive.
Medium term exhibits a lower high higher low squeeze, with the swing at top.
On daily and weekly, the double bottom of 2008, and the skewed W of now ... is this a scaled down skewed version ?
FII s keep buying.
Infosys gave a numbness to results, which may have been discounting other bad results, taking with a pinch of price.
Elections in states getting discounted.
Market will show us a way now.
SGX Nifty has ben pushed up to 5940 towards final 15 min. Does it signify whats on the big trading plan!
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