After a defining close above the 20EMA yesterday ... Again today Nifty closed comfortably above the 20EMA taking support at R3 camarilla. From here Nifty outlook seems bullish, maybe after a short consolidation.
Nifty opened flat today and faced resistance near our Buying level of 18100, after morning movement we saw a range-bound day whole day. Trades we took Today: > Bought Nifty 18050 CE at 130 which we booked with 20 points loss > Bought Nifty 18150 PE at 145 which we booked with 15 points profit > Bought Nifty 18000 CE at 120 which we booked with 15 points profit >...
NSE:NIFTY Observations: 1) On daily time frame, it faced resistance from 21DMA and closed below it. It is still between 10DMA and 21 DMA. Good thing is, it managed to close above 18000 level. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it is still trading above major support trendline. Please refer below chart : 1 day...
MCAP : 8672 CR TTM NP: 508 cr Trailing PE : 17.1x The new results woulsd be in the region of 105 cr, pushing the ttm Net Profits to 506cr and PE to 16.2. The channel set up since Mar 2021, is very attrractive. The cup like formation is even more convincing. Much better play among the Infra companies like KNR or GR Infra.
Hi Traders, This post shows the levels posted yesterday on the community tab worked so perfectly that all support and resistance were on two halts made 3 & 4 the whole day. The video link given below gives the insight of using these levels to explain the cause of range-bound movement. The idea to trade this day was posted yesterday at which...
Nifty forms H&S pattern, once its breaks 17640 then we expect small correction in nifty otherwise again we will see previous high in nifty
Nifty Nov future Long Buy at CMP- 18090 SL- 18030 Target- 18149, 18200 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Multiple harmonic pattern formation with PRZ in same range,, parallel channel structure with supply line around same levels of prz,, rsi have divergence,, price action need to be watched,, lets see whats in store,, Market is best teacher,, keep learning every day,, dont wait for holy grail
Hello, Guys! Nifty-50 Is on Bullish Trend Date:- 09-11-2021 Nifty Closing :- 178088 { ( Near- Closing) 3:30 PM } SIDEWAYS CLOSING :- 15 POINTS ONLY STOP-LOSS :- NO Stop-Loss, Enjoy The Ride Guys This is R&D ( Research And Development ) Purpose Only. I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me...
NSE:COROMANDEL coromandel intl share at support so stop loss would be small. This can be a good swing trade opportunity. Trade as per your trade setup. ******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on...
Indus ind bank has broken out of its long term resistance and has formed a bullish pattern Waiting for a pullback to buy around 1080 levels If i dont get the pullback ill buy around current levels and keep averaging at any dips Will be expecting targets of more than 50% Buy at 1080-1115 Stop loss below 950 Targets - 1400-1600-1800-2000 RR looks comfortable for...
NIFTY will open gap up in today's session. Expected it will open near 18100 and after opening if nifty sustain above 18100 then there will be further upside rally of 100-150+ points. Any downside only possible if nifty starts trading below 18020 level.
Nifty closed above 18,000 resistance area indicating more upside move on upcoming days. Now resistance for Nifty stands at 18300, while there's an immediate support at 18000 and next support is at 17850.
Well and truly on its way with a clear decisive close above 20EMA today. Bullish candle formation. Unless the FII's have a plan to play spoilsport, the charts are well behind a bullish revival in Nifty. Let us see how far the rocket goes.
NSE:NIFTY ⏺ 4/1 Hourly - As Nifty breaks the long time Resistance, we can see good up move after 18090 ⏺ 15/5 min - same as above. ✅ Support - almost everywhere, 18000,17960 ❌ Resistance - 18090 📈 Trend? - 100% up (what this basically means is that you should avoid treading against the trend *whatever it may be* as it will not give you much points) ↕ Market...
>Chances that Market will Retest 18000 level then grow up to 18200 level else if market gap open and touches 18200 level then will come down upto 18000 levels. >Immediate Support is 18000 >Immediate Resistance is 18200 >Support will Become Resistance and Resistance will become Support once the level Breaks. *Always Enter With good confirmation & Maintain...
Understanding trends through support and resistances.
I'm looking for shorts in Nifty 50, Price now approaching Bearish OB which there in Premium Zone, hence i expect potential bearish move in NIfty50.... This is just my analysis, price can do whatever it want, we have to be flexible according to Price moves also always look for LTF BOS to the downside as a confirmation before taking trade at Bearish OB