DSKF16
Education

NIFTY: Week Ahead, Spot & FUT Levels Weekly(17/09/18) Basis

NSE:NIFTY   Nifty 50 Index
267 views
6
267 2
11550 (Spot) looks Crucial.
Closed above 11550 Increased probability to hit 11641 (Spot).

...... Fut & Spot levels mentioned & plotted on chart.
Comment: In Weekly Chart - "HAMMER" Candle Pattern formed.
Technically Bullish. Pull-back rally can continue to 11670 level (as mid of the body of previous Weekly Candle).
MACD (Weekly Time frame): above Signal line.
very complicated analysis to understand for new trader, plz make it simple.
Reply
DSKF16 BhullonEnterprises
@sharikmadani, Notice Crucial Trend Line. If nifty Closed Above in early candle Trend is positive, but if failed & closed below 1st Minor level - trader think about Short/ long ITM or ATM PE. Target BZ#1Levels.
BZ => Bounce Zone (in choppy session trader can also reversed trade),
HZ => Hurdle Zone, most of the time Nifty take rest or reversed (Shorter can Take position Here)
Follow previous posts (Tick by tick)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out