Mid-week nifty update (17 Oct,22 to 21 Oct,22)
Nifty showed continuous strength for past 3 days now. A continuous upmove of 500 points from 17100 lows to 17600 highs now requires some stagnation or even a fall from current levels. So I am expecting a fall till 17350 atleast and from there on nifty can again move upside. Also a short will only be done, if nifty...
In a 30 Min Chart there was a Possible Ascending Triangle Pattern. 1071 Is a Strong Resistance if it break with the Volume there is high chance price can reach mentioned Target. Breakdown Target also given in the Chart. Do your own analysis Before investment & It is a purely Technical call.
Tatapower in very crucial zone. Recently it breaks crucial level 270 with volume but uptrend is paused due to selling pressure. Overall view is given in chart, wait for the proper breakout and then take the entry. Target are given in the chart. Do your own analysis before investment.
Market is ranging between 1779.730 and 1776.253
There is a buying opportunity above 1780.347
And a selling opportunity below 1775.801
Wait unlit it breaks these levels or 30min candle closes above this levels.
For impulse entry trade at London or NY Timing,
When 30min candle cross these levels switch to 1min or 5min time frame for best...
Market is ranging between 1874.647 and 1886.270
There is a buying opportunity above 1875.349
And a selling opportunity below 1865.376
Wait unlit it breaks these levels or closes above this levels
Trade at your own risk