Just a Thought: Not for Trading Purpose NSE:NIFTY Speculation based on Past trends, It may not be true because every time scenario was different but looking at current trends and the proportionate fall and retracement in nifty across Dot-Com Bubble Brust, 2008 - 09 Recession. If nifty follows this trend, this scenario cannot be neglected. Please check...
3 DOJI ON DAILY CHART IN ASCENDANCE , THAT MEANS A BULLISH UPTHRUST CAN HAPPEN ANYTIME , BUT I M AGAIN VERY MUCH CONFIDENT OF FINAL FRONTIER RESISTANCE OF 9975-10100 ZONE , ITS A PRIME SHORTING ZONE FOR A NEW LOW IN THE NEXT (MAY) MONTH . SO LONG NOW TILL 9970 & SHORT ABOVE IT.
Hello everyone, first of all, thank you for all the support and comments. It's not possible to reply to everybody's private messages, so in case I am late or couldn't give a reply, please do not mind. Coming to analysis :- The chart looks bearish and once it breaks the box/consolidation phase, then we can see further fall towards the median line of 2nd...
2008-09 followed wave theory and took longer time to correct. So one need to have patience for current correction, which is in progress and should not trade in PANIC!
Nifty closed below it’s demand zone @ 81120-8165. Once it sustains below this zone on Tuesday then it may test its next demand zone @ 7750-7050. Carried short position in option because it will get the benefit of 3 days time decay.
As I have mentioned yesterday post that if Nifty sustains below 8050 it may test 7650. Today it closed @ 7610. Now two major demand zones on the long term chart are clearly seen at 7000-7250 and 6300-6500. On the upper side, there are two supply zones @ 7850-8000 and 8250-8350. It will be a good selling opportunity if Nifty will test the upper zone of these...
Given sell at 10827. Educational Purpose.
This is a monthly chart which captures major moments in the nifty's journey from early 2000 to 2020. This is just for illustration perspective.
Video Derives the Level as per algorithmic flow, Do enjoy it Feel free to comment
Educational Purpose.
see T1,T2,T3....i see them