NIFTY Intraday Trade Setup For 09 Dec 2021 Buy-Above 17500 Sl-17460 T-17565 17600 Sell-Below 17400 Sl-17440 T-17350 17310 17250 NIFTY has shown good strength in the last 2 trading sessions. Nifty has closed just below an important level of 17500. Above this 17600 will be tested. And if 17600 is sustained then 18000 will be seen in the coming days. 17500 is an...
just keep technical chart pattern and trend upmove observe. after confirming fundamental and technical at ur end. market always risky. risk is ur .decissin is ur
NSE:NIFTY Observations: 1) On 1day time frame, today it faced resistance from 100DMA. sustainable breakout of 100DMA will make it bullish. 100DMA is placed at 17195.97 level. So, we can say that 17195-17200 is immediate resistance. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 08-12-2021...
NIFTY Intraday Trade Setup For 08 Dec 2021 Buy-Above 17255 Sl-17220 T-17350 17450 Sell-Below 17140 Sl-17170 T-17100 17040 NIFTY has reclaimed 17000 today. index has small room in intraday tomorrow. Today's high is important , if broken again then we have room for 100 points in upside. No Aggressive short above 17000. We will plan to short aggressively below...
NSE:BANKNIFTY Observations: 1) On 1day time frame, it took again support from 200DMA and today it gave good bullish move. 200DMA is placed at 35716.03. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 08-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
Zeel Is Sitting On The Ticking Bomb! Did you read the previous report of MCX Gold? If not, click the below link to read it. - Is zeel preparing for a bull run? Zeel has concluded a corrective structure and started an impulsive wave. The price is about to cross the recent high of 362 , but there is resistance. Breakout traders can enter after breaking...
ZEEL is forming 3rd impulsive wave. Wave 2 has taken a reversal from a 61.8% Fibonacci ratio. If zeel is forming wave 3, we should at least get a 161.8% extension of wave 1. Target 1:390 Target 2:362 Target 3:335 Invalidation: Wave 2 can never overlap the starting point of the wave.
After Breaking 23Nov Low of 17216 Nifty seems to be in a mood of making double correction and correct till 16110 so as to complete ((4)) black. However Since ((w)) and ((x)) Blue connector seems small their is possibility of making a bounce to form a new connector. If it happens than will revisit the wave count so as to get the next New level for entry at ((4))...
Banknifty failed to hold the breakout & the sell-off came from 23.6% of the pullback, which is extremely bearish and we see the triple top in the hourly chart. Immediately until 36,850 is not taken out, we might retest the recent low and go down further. Where? 34,650, if it doesn't hold more pain ahead. If 36,850 is crossed, then go long else remain...
I have posted, how the market behaved today.z The setup was explianed on the weekly short term positional view:-
BTC took a deep dive in the past week, with a long wick testing the formed pennant. However, it managed to close the weekly candle above $48,000, which is now a crucial point to hold taking support off the 50-day moving average as well. BTC needs to close this week (and the coming weeks) above $48,000 to remain bullish.
BTC important update. looks like plan is something else., Bitcoin is planning to hit new ATH of 74-75K before crashing back to 48-53K. chart pattern clearly shows the 3hills and a mountain pattern. and crash after reaching ath will put btc to test the long trendldine too. BTC was so clever but I m one step ahead of him.
NIFTY Intraday Trade Setup For 06 Dec 2021 Buy-Above 17250 Sl-17200 T-17350 Sell-Below 17180 Sl-17210 T-17130 17050 NIFTY has taken from the psychological level near 17500. This leg can continue till 17050 if we break Friday's low. But if low is not breached and if closes above 17250 then will long for the target of 17300 and 17350. Selling would be much fast...
NIFTY Intraday Trade Setup For 03 Dec 20212 Buy-Above 17420 Sl-17390 T-17500 17533 17600 Sell-Below 17270 Sl- 17300 T-17200 17160 As discussed yesterday above yesterday's high the rally will continue and that is what has happened today. We will again buy above today's high for the target of 17550. 17600. is an important resistance which is likely to be tested...
NSE:NIFTY Trade Setup for Date: 02-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap...
NSE:BANKNIFTY Observations: 1) On 1day time frame, after holding 200DMA yesterday, it bounce it from it and made bullish candle. 200 DMA is placed at 35709.24 level, which is major support now. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 02-12-2021 1) Don't Jump in to trade at the...
NIFTY Intraday Trade Setup For 02 Dec 2021 Buy-Above 17220 Sl-17180 T- 17300 17361 Sell-Below 17060 Sl-17090 T-17000 17930 Nifty has traded in a complete range. Tomorrow's trade will be based on this range breakout/breakdown. 17300-17360 will act as an supply zone consider booking profits there. And also we will look for selling opportunity in that zone. 17000...
NSE:NIFTY Observations: 1) On 1day time frame, it is still below 100DMA. Today it failed to make rising star pattern. 100DMA is placed at 17125.51, which is a resistance zone now. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 01-12-2021 1) Don't Jump in to trade at the beginning of the...