Nifty Oil and Gas sector indicates start of an uptrend.
Aktualisiert
The Nifty Oil and Gas sector looks bullish on daily charts.
Daily Chart
This week we see the weakness in the momentum when we have a negative HA candle with a strong body on the 13th of September. Now the momentum tried to recover from the weakness with 2 green HA candles. But both of these candles have a weak body.
Weekly Chart
The price looks bullish on the weekly Chart.
https://www.tradingview.com/x/RjoRhrUq/
Conclusion: The price will continue to move in the uptrend.
Thanks
Simranjit Singh Virdi
Daily Chart
This week we see the weakness in the momentum when we have a negative HA candle with a strong body on the 13th of September. Now the momentum tried to recover from the weakness with 2 green HA candles. But both of these candles have a weak body.
Weekly Chart
The price looks bullish on the weekly Chart.
https://www.tradingview.com/x/RjoRhrUq/
Conclusion: The price will continue to move in the uptrend.
Thanks
Simranjit Singh Virdi
Anmerkung
Nifty Oil & Gas Sector (Daily Chart): With a bearish cross the price has closed below the resistance level. The sector is in the downtrend. The next important convergence level is 7713.85 which will act as a strong support.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.