Nifty Hourly Charts indicate one dipThe most recent bounce is not an impulsive move so maybe it is an x wave and that means one more a-b-c down can follow and waves a and b are already done. Next week should see wave c complete into the year-end. but will it make new lows? The Nifty Elliott wave update with weekly charts and wave counts is already online on indiacharts.com, enjoy my Truth about the Markets
Bearish Patterns
Nifty-50 │ 27-12-2021Nifty-50 Is on Bearish Trend
Date:- 27-12-2021
Bearish :- Short-Selling
Nifty-50 Movement :- ( 146 ~ ) Points ( Negative Closing )
POST_MARKET..... ( 3:32 PM ) OR T.C.A :- 16857
STOP-LOSS :- Uses Your Own Stop-Loss
Quantum Physics Researcher :- Jeevan Singh
T.C.A :- TIME CONSTANT LEVELS ATTENDANCE
T.C.A Created Using With HPC ( High performance Computing )
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!
Nifty 50 │ 24-12-2021Nifty-50 Is on Bearish Trend
Date:- 24-12-2021
Bearish :- Short-Selling
Nifty-50 Movement :- ( 166 ~ ) Points ( Negative Closing )
POST_MARKET..... ( 3:32 PM ) T.C.A :- 16906
STOP-LOSS :- Uses Your Own Stop-Loss
Quantum Physics Researcher :- Jeevan Singh
T.C.A :- TIME CONSTANT LEVELS ATTENDANCE
T.C.A Created Using With HPC ( High performance Computing )
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!
Trend + Fib : Bearish View on NiftyTHe weekly price action of Nifty seems to be respecting the Fib retracement crucial zone between 50%-61.8%. There is a daily supply zone co-inciding with the aforementioned Fib zone. Given that the trend as per pivot analysis on weekly time frame is down, and there is an area of resistance around 17250-17500 due to multiple crucial indicators such as Bollinger mean, 100 sma, fib zone and supply/resistance zone all being bunched up together tightly, I feel prices may fall from this zone. Hence I am bearish on the underlying.
Nifty: Is 200 day EMA test on the cardsNifty
- we have seen 20 day EMA crossing below 50 day EMA
- every attempts to pullback above 50 day EMA went futile
- 200 day EMA currently around 16284
- Last it tested 200 day EMA on 25 September 2020
The way things are set, Nifty has a good probability to test 200 day EMA
Stay cautious and trade light.
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
SGX NIFTY50 ANALYSIS FOR 20 DEC 21 Hi everyone, SGXNIFTY50 INDEX analyis on 1D chart recently we`ve seen index breaks it`s daily supoort 17,650 & bounced from 16,800 (level identified from harmonic half-bat pattern level 0.58) too test it`s resistance 17,650 & fall continues if breaks 16,800 can go between (16,300-16,200) and can take bounce & test 16,800 and fall can continue upto 16,000 (level identified from harmonic xabcd pattern level 2.272) index trend has changed too downtrend. SGX:IN1!
BANKNIFTY INDEX ANALYSIS FOR 20 DEC 21Hi everyone, Banknifty index analysis on 1D chart index recently break it`s daily support 38,400 & bounced from 35,500 too 37,600 (level identified from harmonic xabcd pattern level 1.272) after bounce index is trading on it`s important support 35,500 if breaks then next support is between (33,900-33,100) levels identified from harmonic xabcd & abcd pattern levels 1.618/2.0) now between 33,900-33,100 will be strongest support area for banknifty index on daily chart & can take bounce from it. Banknifty index trend has changed too downtrend! NSE:BANKNIFTY
IN50USD OANDA ANALYSIS FOR 20 DEC 21Hi everyone, IN50USD analysis on 1D chart in previously we`ve seen index breaks it`s daily support 17,650 & bounced from 16,640 (level indentified from harmonic xabcd pattern level 1.618) to test it`s resisitance 17,650 now chances are too break it`s daily support 16,640 & can go upto 16,200 (level identified from harmonic abcd pattern level 1.618) index can take bounce from 16,200 to test 16,640 and can continue fall between (15,600-15.500) support indentifed from index previous swing lows. Index trend has changed to downtrend on daily chart! OANDA:IN50USD
NIFTY50 INDEX ANALYSIS FOR 20 DEC 21Hi everyone, Nifty50 index analysis on 1D chart rececntly we`ve seen fall in nifty50 index after it breaks daily support 17,600 & bounced from 16,760 (level identified from harmonic xabcd pattern level 1.618) now nifty50 index can test it`s support 16,760 and if breaks can go between (16,300-16,150) level indentified from harmonic abcd pattern level 1.618 price structure is showing downside movement which indicates trend has changed & downtrend started. NSE:NIFTY
Crash and Correction point out the difference..One thing to keep in mind is the difference between a crash and a correction. After a correction, the price always rises. It's important not to confuse every correction with a crash.
It all about making money out of it.
STOCK MARKET DROP
DOWN-5% PULL BACK
DOWN-10% CORRECTION
DOWN-20% BEAR MAKET
DOWN-50% CRASH
Nifty-50 │ 20-12-2021Nifty-50 Is on Bearish Trend
Date:- 20-12-2021
BEARISH :- SHORT-SELLING
Nifty-50 Movement :- ( 5 ~ ) Points ( NEGATIVE { SIDEWAYS }Closing )
Nifty-50 { 3:30 PM } T.C.A :- ( 16980 ~ )
POST_MARKET..... ( 3:32 PM ) T.C.A :- 16931
STOP-LOSS :- Uses Your Own Stop-Loss
Quantum Physics Researcher :- Jeevan Singh
Nifty-50 T.C.A Created Using With HPC ( High performance Computing )
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!
Bata India (Daily) - Head & Shoulders Chart Pattern Bata India (Daily)
Chart Pattern - Head & Shoulders
Wave Count - 4th (seems to be in the C wave of ABC / ABCDE)
Indicators/Oscillators:
MACD of the weekly is downtick
MACD of daily is downtick and NCO too with solid red bars of the histogram
BB about to get challenged on the lower side (BBCD)
RSI is below 40 in oversold zone
Stochastic 14,3,3 is NCO and about to leave the band for oversold zone
-DI is above +DI in Directional Movement Index (DMI) indicating downtrend and ADX is above 15
Target:
During the fall, it has a major resistance at 1686.55, this is the same level on the chart at which it had faced resistance twice earlier while climbing up and hence could be the first target while shorting
Caution:
Liquidity is a serious issue, please check the OI data in the Options Chain in case you wish to do options trading or implement a vertical spread like Bear Call Spread
Nifty-50 │ 16-12-2021Nifty-50 Is on Bearish Trend
Date:- 16-12-2021
BEARISH :- SHORT-SELLING
Nifty-50 Movement :- ( 123 ~ ) Points ( Negative Closing )
Nifty-50 { 3:30 PM } T.C.A :- ( 17098 ~ )
STOP-LOSS :- Uses Your Own Stop-Loss
Quantum Physics Researcher :- Jeevan Singh
Nifty-50 T.C.A Created Using With HPC ( High performance Computing )
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
Thank You For Making Trust And Don't Forget To Support Me!