panneer.tanishq

Nifty Gap Filled

Long
NSE:NIFTY   Nifty 50 Index
138 views
2
Nifty Gap up filled and Hammer is formed by rejecting lower prices. With Stop loss as 8720 trade can be iniated at current price
Trade active

Comments

Hi,
see the daily chart its reversal candle , If RBI hike rates tomorrow , than another 100 points expected down.
Reply
@neneram, Bro. Here everything as per chart am analysing. Not on any news
Reply
Yes, i can support your analysis. Now journey starting towards all time high, but confirms only if Nifty moves above 8857 in this month.
Reply
panneer.tanishq asnv.santosh
@asnv.santosh, why any importance with 8857 level bro
Reply
asnv.santosh panneer.tanishq
@panneer.tanishq, yes it is a breakout value in monthly scenario of camarilla pivot points.
Reply
asnv.santosh asnv.santosh
@panneer.tanishq , now nifty is in no trade zone according to camarilla pivot points. Long only above 8857 for the targets 8992 and 9127 and short only below 8709 for the target of 8413.
Reply