Nifty Dynamic Chart 3rd March 2023

As long as price is above orange trendline on 15 min TF, Market is under bulls control.
Below Orange trendline is bears.
Above red trendline we will see short covering,
Blue trendline is a strong support , if broken more fall
Price above Deep blue trendline is super bullish /over sold zone

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Exited bullish trade at red trendline.

Focus on 1000 EMA AND 200 EMA crossover on 1 minute time frame. We may see sideways at the end of the day with swings on both sides

Above red trendline is Short covering

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Any bullish trade only above red trendline candle close. Scroll cursor on trendline to find the Nifty value and time

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1000 ema and 200 ema crossover.is not good for momentum options players. May be short straddle time. Will wait for opportunity

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Price close above deep blue and red trenline candle close 15min is critical for bulls to show some strength

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Candle close above both trendlines. Bulls confirmed. SL below deep blue trendline candle close 15Min

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one shakeout candle is important for decent entry. SL price deep blue trendline candle close

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May be next 15 min candle will be shakeout candle for entry on bullish side. Strict SL below deep blue trendline

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Managed entry in last candle, trailing at cost or SL below deep blue trendline

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First target 17577 spot. Will exit partly

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Exited. Out. Trailing SL at cost hit.

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Very important levels. Be careful

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As mentioned price is not moving above the first target 17577. Lets see ..

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Index spot didnt move single point above first target 17577, reversal may get support at deep blue trendline.

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Lets see if the crossover of 1000 ema and 200 ema is fulfilled. To prove sideways, the price may touch at cross over levels. Check my previous message, swings on both sides

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17577 cleared on 15 min tf

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17622 another important level bulls has to clear

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Super short covering above 17654, 15 mins candle close. SL 17654

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Strict SL below 17654, this is daily trendline. Above is super bulls. Market expected to go mute between 17622 and 17654 Nifty spot. Let it break with.

hichandanvyas

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hichandanvyas

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