TradingView
RaviChandran_Rajkumar
Jan 6, 2021 11:25 PM

NIFTY trade setup for 07 Jan 2021 - Expect to Kiss 14996 

Nifty 50 IndexNSE

Description

Our analysis of Nifty touching 14500 levels still holds strong and look for buying opportunity at every dip. All our levels were respected yesterday and the triggers were quite accurate.

Expecting nifty to open with a small gap and wait for the first dip to have good entry. Will have a good volatility as expiry but most likely will touch the final target of 14996 by EOD.

The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert.

You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive zones as expected targets in the direction of the trend.

Happy Trading !

Comments
RaviChandran_Rajkumar
Sorry its a typo what i meant is expect Nifty to touch 14496
UpendraBabu
EOD - End Of day right sir....
RaviChandran_Rajkumar
UpendraBabu
@RaviChandran_Rajkumar, By EOD - it will move to 14996? Sure Sir...
RaviChandran_Rajkumar
@UpendraBabu, Nothing is sure in market. We can just predict based on few data. But Market is supreme
UpendraBabu
@RaviChandran_Rajkumar, Sorry sir, i'm New to the market dont mistake me, In a single day, 800 points seems heavy... Just wanted to confirm sir...
UpendraBabu
@UpendraBabu, Sorry sir... just now seen your chart... seems like typo their its 14496.. its written as 14996... confused with that...
RaviChandran_Rajkumar
@UpendraBabu, Sorry its a typo error from my side .what i meant is expect Nifty to touch 14496. Thank you for correcting me
More