NSE:NIFTY Previous resistance is not support
Personal View Only : Nifty current rally is quite strong with some healthy consolidation possible till 11370/11176. 11100 - 11176 may offer major support. Unless this is broken on closing basis, rally may continue. So 11100 is strict SL level for bulls. Quite a good earning season and any trade deal may bring more momentum to this rally. Around 11750-11800 level...
Dear All At Tradingview , I hope you all are learning from my charts . This time , I have mentioned the reason of fall in Bank Nifty & Why did it rise from Lows of 24240 formed in October . Answer is ABCD Patterns . Ask any query on comment box or DM me . Some Basics of ABCD Pattern : The AB=CD pattern is a 4-point price structure where the initial price...
can go long in CUB as it has broke out of channel and can expect a rally towards 194
MANY MANY NIFTY 50 STOCKS WITH THIS SAME PATTERN - No Wonder NIFTY is Shooting up. Are we looking at a potential tgt of 11300 for NIFTY
i read many post to get ready to short the market , Hence i am giving my humble views In the chart here, i have shown 2 supports 1) Horizontal Support 2) Trend line support Unless and until - these supports are broken - Never short this market 3) mac-d on weekly and daily time frame is positive 4) Price is above 200 ema These are just my...
Donald Trump has said that India is a very high tariff(tax) country. He would like to have a reciprocal tax on India. he said " India is a very high tariff country. They charge us a hundred, so we also want to charge them at list 25%". My viewpoint It's looking like Trump's plan is to target growing economies like China and now India. The market will show a...
Nifty is in Elliot's wave since 2016, This is the last wave of correction. (Weekly Charts) The best part is, a Head n Shoulder at the End, Which mostly occurs in Elliot Wave (if no harmonic chart patterns are found). On a larger scale also, NIfty is in Elliot's wave on Monthly charts. (Haven't covered here) Nifty after touching 11,200-300 can shoot around...
I would Greatly Appreciate , if you give me LIKE . Follow NEVADA TRADING to get more idea's . This is just a hypothetical example.
it has to come downside for sure, you can't say 100% but if you wnat to take risk, this is cprrect time
Market might be busy creating trap for traders looks like heading towards 10300. Nifty is trading below the first support line and moving towards the next one and if closes below might moves for lower levels around 10300-250 else bounce back from here. This is my personal view, Feel free to share your opinion in the comments section. Stay Alert! Invest Wisely!
Notes on the chart. Do like. Regards