A very clear pattern of breakout and retest (buy on dips) can be seen in Wipro! But, with every breakout volumes are fading away along with a probable formation of negative divergence on RSI.
So, price can again come back to the mark Monthly Demand Zone once for further ATH.
Pivot Reversal Levels:
- Buy above 608.95
- Sell below 565.35
Nifty is in range between 15720-15820,
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If it's give breakout up or down it can give you a good move.
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If its break 15820, then we expect Nifty can go 15880.
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If it goes down below 15720, then we can expect Nifty can goes till 15650.
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What's your view on this comment below in the box.
Buy on dips market
Personally, I'm expecting 16250 buy this month
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Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
So 15759 level is a strong support you already see on today.
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So on tomorrow market if Market open below 15759, don't buy CE it will not give you a big move.
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If Market open above 15759 so if the 15 minute green candle so we can see a slow bullish momentum.
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If Market break the resistance level of 15759 from the downside to the up so you can go for buy...
So on tomorrow, market can give gap up and then going correct.
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So be cautious on tomorrow only buy on dip 15759 is a crucial support as well as resistance.
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So if Market is give gap up opening then when the market goes below 15750, You can go for PE.
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If Market does not break 15759, so market will be in range bound.
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You can also share your views in comment box
So for tomorrow there is a simple Strategy.
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If Nifty cross 15680, we will buy 15700 CE for 40 points.
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If Nifty goes below 15620, then you should go for PE.
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If Nifty give gap down below 15620, then you should go for call option once it goes above 15620.
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If Nifty give Gapup Opening then buy on dip strategy will apply.
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Buy on dips market reason
1.Growth in the economy
2.FII &FDI INVESTMENT
3.BULL market
4.Bullish harmonics
We can also sell only If the number is on the particular week, But I'll prefer to buy, coz market in an uptrend
Reason:
1.Bearish harmonics.
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to...
Buy on dips
1.wave analysis
2.uptrend
3.market structure
4.higher high and lower low
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
According to chart history, Nifty can give the gap down on tomorrow.
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But momentum is bullish so if Nifty cross 15500, then we will go for 15600 CE.
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If Nifty goes down below 14390, we will go for for PE,
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Buy on dip strategy will in case if Nifty is in upward momentum.
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If Banknifty goes down below 32330, then you should go for PE.
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If Banknifty goes above 33300, then you should go for CE.
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In Gap up opening we will wait for the Correction.
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And buy on dip.
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You can give your feedback in comment box.
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If Nifty Cross 14560 Buy CE of 14700.
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If Nifty goes down below 14360, go For PE.
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If Nifty gives Gap up opening then you can buy on dip till till the 14360.
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If Nifty gives gap down Opening then you can sell on rise till 14560.
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As you see in the chart, Market is recovering on daily basis and give closing above the previous low.
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So for Monday simple Strategy. If Market goes down below 14450, we will buy PE.
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If Market goes up above 14700, we will buy CE.
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If Market give gap up opening, we sell after correction.
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If Market give gap down, we buy after correction.
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You can give your...
As you see in the chart, there is strong support from upper side at 31700 levels,
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And strong resistance at 31700 from down side but yes it breaks in the last one hours.
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So for thursday there is a simple Strategy, if Banknifty go Above 32680 then you can buy CE.
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If Banknifty goes down below 30500 you can go for PE side.
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In gap up opening we will buy on dip...
As so you see in the chart, that 14550 is a strong Resistance.
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In the morning Nifty try to break but failed. But in the last 1 hour Nifty Break that point and goes up.
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So for Tomorrow there is simple Strategy.
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If Nifty give normal opening, we will 14630 CE.
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If Nifty give gap up we will wait for the correction tilln14292 and then buy on dip.
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If Nifty give...
As we see Nifty runs in range bound on Friday.
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Make Doji candle according to this market can give the Gapup Opening.
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We will buy on dip sell on high.
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If Market give the Gapup opening above 14578, the we buy PE.
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If Market give Gap down Opening below 14267 we will buy CE.
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If Market give normal opening then will buy CE after 14600 on the safe side.
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You...
