NIFTY
NIFTY1!
Disclaimer:All the mentioned view and analysis is NOT an Investment or any kind for financial advice. These levels are just for educational purpose.
Nifty is trading between very important levels, It is still bullish in bigger timeframe but if it Shows further weakness then we can witness some profit booking near or at the higher levels.
Although it seems bullish in the bigger timeframes but showing bearishness in the lower timeframes.
So We need to be prepared for Bullish as well as Bearish action.
I hope to see market to be traded in between these mentioned levels only, but if reaches all the targets in either side then i will updates these levels during the day through MINDS section.
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Since NIfty is opened between 1st and 2nd short target so be careful of some profit booking near 2nd level. And if price shows rejection on 1st short target then we might see some Bearish move ahead.
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If it faces rejection near trendline than Bearish movement is expected.
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check the range updated in Minds section.
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Nifty is trading near very very important area.
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Near its Target and showing some bearishness.
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1 Target Completed
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If nifty holds the 19440 to 19430 level the we can expect further Bearish move.
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Please don't try to catch the reversal even if it appealing to you.
Expect the 3rd target and try to re-enter in the pullback .
But still we have captured enough points today..Can you all comment who took the trade and made profit ? I just want to know whether i Continue to post these levels or stop.
Expect the 3rd target and try to re-enter in the pullback .
But still we have captured enough points today..Can you all comment who took the trade and made profit ? I just want to know whether i Continue to post these levels or stop.
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3rd target is achieved .
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Will it complete the 4th target or it will return from the half way?
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Current Range Updated in the mind section.
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Currently Nifty is in uptrend in Bigger timeframe but we must not ignore the fact that it still in a downtrend in a smaller timeframe like 5 min,15 min and 1hr.So giving a rapid bullish move is not what i am expecting. Only way to move nifty up rapidly is it needs a huge collecting of Seller's stoploss and we get these collection near any of the Target/ profit booking area because it gives many reversal attempts from that area so its appealing to the short sellers and that's why they keep their stoploss near that area...Once Buyers break it successfully then we get Big Breakout near that area..
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Nifty Trading near important profit booking area.
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Shared a trade in minds.
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Do book profit at target, i don't expect big move today.
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Todays Target mentioned in minds completed.
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Shared another scalp trade in mind's section.
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The above scalp trade target is completed.
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Thats all for the week folks.. If you liked these levels and find it useful do tell me on comments so that i can make levels for the next week. Also Boost the idea if you find it useful.