WHY I TAKEN HEROMOTORS FOR INTRADAY 2700CE date on 15.02.2022 ????? 1.MA200 Support and above CPR Range 2.In 1st 1hour 5mins timeframe top side breakout given 3.Todays high & Previous day high broken 4.After breakout of MA200 & re-trashment Previous day high support also taken.
Bank nifty exactly made a double top reversal pattern at the previous month low, so the price may come to 34000, and breaking the above level may trigger the price to next lower levels.
On 22nd September, BankNifty had the following: Open - 37277.10 High - 37328.60 Low - 36885.60 Close - 36994.65 So, likewise the market had quite a wide CPR, as a result of which, the market was mostly fluctuating sideways. No proper trends either ways, which resulted in SL hits for both buyers and sellers. For 23rd September: R1 - 37258.63 R2 - 37512.61 Top...
Summary ► DTF is in area with "Bearish Doji", which infers "sellers being dominant" bias". ► Pivot analysis infers sideways/breakout bias. But, ADR is pretty high hence, big whipsaws are possible, but one sided moves are of low probability. ► CPR is in "UNCHANGED VALUE" relationship, which suggests breakout or sideways tomorrow. ► Support levels 15735/15700 ►...
Summary ► DTF is in area with "Bearish Hammer", which infers "sellers being dominant" bias". ► Pivot analysis infers TRENDING DAY bias and ADR is below 0.50 which suggests high probability of TREND DAY. ► CPR has "narrow range LV" relationship, which suggests breakout tomorrow. ► Support levels 2332/2319 ► Resistance levels...
Summary ► HTF is in uncharted area with "Pin bar", which infers "highly negative" bias". ► I believe sellers are still dominant. Nifty heavyweights Reliance and ICICI earnings are mixed, hence be cautious. ► I am repeating what I said on 14th July. " Market in DTF market is moving sideways which infers STAGE 3 as per Stan Weinstein methodology, which means all...
******************************************************************* NIFTY SPOT- Blue Print for 14 -Jun-2021 ******************************************************************* Market Structure/Trend Analysis/Chart Pattern. l Chart Pattern - Higher High structure l DTF Pivot Trend - Higher High Structure l WTF Pivot Trend - Higher High Structure l MTF Pivot trend...
Banknifty clearly trading between two Virgin CPR levels, which means it is not likely to break the upper Virgin CPR levels (35700) and lower CPR levels (34800) for this week expiry. As the open interest data also tells the same story.
Summary l HTF trend is turning BEARISH and there is a INVERTED Hammer in DTF and WTF which means, market looks bearish. However, MTF candle is DOJI. So, if this also shows weakness by month end. I think, we will look at beginning of downtrend which means we can go sideways and lot of whiplashes can be seen. l Pivot analysis infers bearish bias and will be a...
Compared to bank nifty, nifty seems bullish as the ascending weekly CPR confirming the uptrend. 15600 remains a strong support, breaking the 15850 levels may elevate the price upto 16k levels.
Banknifty is struck between the downward parallel channel, if you want to go long in bank nifty first it should break the upper trend line. Second, it has to moved and sustain above the weekly CPR levels (35,300). If these two condition met in upcoming days, one can go long in bank nifty, otherwise the price can drag down to 34400, 34000 levels.
Kindly watch the fill video to understand the important key levels to watch out for trading Nifty and Banknifty to trade. To find these exact levels, you can install my Indicators and use them for trading. To know more about these Indicators you can visit my channel PIVOT EDGE where you can find detailed explanation videos and you can also join my live trading...
The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels. For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts. Happy trading.
Hello All, Please watch this video completely where I have clearly mentioned the possible Entry and exit levels for both NIFTY and BANK NIFTY for Monday as well as for the following days till next week expiry. Further to get these accurate levels, you can subscribe o my Indicator and follow the levels it plots. For live guidance you can join my daily live...
Based on Tomorrow's Pivot and CPR analysis on LeeGa's Chart. It is likely that we can expect a bearish market on 25th May. This is just my view, further analysis is advisable.