tag:blogger.com,1999:blog-7148222695370746347.post6869424568263532366..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: Sensex, Nifty charts: bulls and bears struggle for domination (Dec 02, 2016)Subhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7148222695370746347.post-16991937802837811632016-12-05T11:34:04.727+05:302016-12-05T11:34:04.727+05:30@jaycobb: Good questions!
Price charts don't...@jaycobb: Good questions! <br /><br />Price charts don't 'like' gaps. Sooner than later, gaps get filled - either completely or partly. But sometimes, gaps can remain unfilled for months or even years.<br /><br />Will the current down trend fill the gaps (between 7236 and 7406) formed on Mar 2 & 3, 2016? Your guess is as good as mine. Anything is possible when bears are on the rampage. <br /><br />However, for technical reasons explained in two previous mid-week Nifty updates (on Nov 23 & 30, 2016), Nifty has formed an intermediate bottom on Nov 21, 2016. So, the probability of a fall below 7916 is low (but not zero).Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-46259364811603852022016-12-04T23:25:11.406+05:302016-12-04T23:25:11.406+05:30There are 2 gaps on 2nd and 3rd March 2016 around ...There are 2 gaps on 2nd and 3rd March 2016 around 7200 - is there a chance this downtrend can fill those gaps and not stop at 7500-7700? Or some gaps can be left unfulfilled?jaycobbhttps://www.blogger.com/profile/16240886128993739059noreply@blogger.com