Intraday levels - 31 May 20211. Price action
2. Perfect example of ( Resistance become Support )
3. Supply ans Demand area marked in chart .
Finnifty
Intraday levels - 28 May 20211. price action
2. Flag and pennant pattern making ( 2 days for move )
3. Supply and Demand lines mark in chart .
FinNifty Intraday levels for May - 18Education purpose : - Simple price action market analysis
1. Price action
2. Trend analysis
3. Support and Resistance
Best of luck traders .
FinNifty Intraday Trade Setup for 3rd May 2021Major Resistance:15500
Major Support: 15000
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Trade Leader
Shriram Transport Finance- Intraday | 29th AprStock has hit a resistance zone today and closed around it only.
Can break tomorrow for good upside. Good above 1416
P.S. Very fast moving stock so keep proper R:R in mind
FINNIFTYCNX FINANCIAL is making a H&S in hourly time frame. Below 16200 it could cover the gap at 15800
Positional and Intraday View for FINNIFTY Index for Feb 23 2021Current Position is SHORT and Shorted on 17FEB @ 17377 . Continue SHORT and reverse to LONG in FINNIFTY closes above 16565 on 23 rd FEB .
FEB Futures Values
Intraday levels for 23rd FEB (without GAPUP/DOWN adjustments of FEB 23).
Buy Above 16488.22
Buy Targets 16565.27 16641.89 16703.83 16765.76 16853.94 16907.47 17090.12 17290.62
Sell Below 16394.58
Sell Targets 16317.53 16240.91 16178.97 16117.04 16028.86 15975.33 15792.68 15592.18
#FINNIFTY analysis for 12th Jan'2021#FINNIFTY analysis for 12th Jan'2021
This is my first analysis for the nifty financial services index, which started trading today 11th Jan'2021 on NSE.
FINNIFTY is clearly the 5th leg of the up move, which gives a logical target of 16,131.
9 EMA on daily TF is used to gauge the trend, which is clearly UP.
Decision Zone:- 15,550 - 15,600
Upper Targets:- 15,720
Lower Targets: 15,440
Not much participation is there on the first day, avoid trading on options better trade on futures only.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
For E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
