At RSI front Index given continue some weakness but still we respected 17700 and Monday if some panic same can move towards 17570-17600..
Next weekly closing below 17570 will put more pressure of consolidation.
If we try to observe Nifty 50 stock wise charts most of counters give comfort that we should hold & respect the 17600-17700 zone once as solid support.
Further looking on same chart clear visible that same consolidation may take more time till we not break 18300 towards high.
Oct 2, 2021 • 10 tweets • 2 min read
How to learn on weekend:
At weekend you will find at least 50-70 stock chart by technical handles(50% work done)
Make a watch list them
short list stock from F&O,Index and Others
looks charts and basic fundamental data like PE-Dividend-Last 4 Quarter result of selected counter.
Check Stock in any news/positive development recently or sector specific news in same.
if stocks part of index than compare chart with Nifty to find correlation and strength with index
Now after doing this make a new watch list now ur watch list limited upto 20 counter.(75% done)