Good morning, friends. The global market is indicating a negative start. Structurally, the market is moderately bullish. It may start with a gap-down. If the market takes a sharp pullback after that, we can expect a continuation of the rally. On the other hand, if the initial market decline is sharp, it may reach 38%, which is a major support zone. The market...
#finnifty - Happy morning friends. Today our market has RBI monetary policy meeting. This is an important event. Therefore, most likely the market will follow the event. But my point is that The global market indicates a positive start. The market nature is moderately bullish. It may start with Gap-up. After that, if the market rejects around hsz to swing high,...
#finnifty - the global market indicates a positive start. The market nature is moderately bullish. It may start with Gap-up. After that, if the market rejects around hsz to swing high, then we will expect a minor correction. On the other hand, if the initial market declines sharply, then we will expect a correction. That should break the fib level of 38%.
Levels: Support: 18260, 18060, 17900 Resistance: 18460, 18660, 18775 Trade Setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 18470 | 18420 | 18550 | 18650 ----------------------------------------- SELL | < 18300 | 18350 | 18200 | 18100 +++++++++++++++++++++++++++++++++++++++++
The global market indicates a neutral start. The market nature is range bound. It may start with neutral. After that, if the market rejects around hsz to swing high, then we will expect a minor correction. On the other hand, if the initial market declines sharply, then we will expect a correction. That should break the fib level of 38%.
SGX nifty indicates a positive start. The market nature is moderately bullish. It may start with a gap-up. After that, if the market takes a minor correction, that's a sign of pullback continuation, it will reach 61 to 78%. On the other hand, if the market rejects sharply around 61 to 78 then we expect correction continuation. It should break fib level 38%.
SGX nifty indicates a negative start. Market nature is bearish. It may start with a gap-down. After that, if the market takes a pullback without breaking the previous day's low, then we expect minor consolidation to pull back. On the other hand, if the initial market takes a sharp correction, that's a sign of correction continuation.
The SGX nifty indicates a positive start. But today we have an important event and that is the Union Budget. It will start around 11 am. So most likely the market will act based on this phenomenon. There I prepared chart based on Elliott wave on hourly chart. It might work. But take your position a bit more carefully.
SGX nifty indicates a positive start. The market nature is moderately bullish. It may start with a gap-up. After that, if the market takes a minor correction, that's a sign of pullback continuation. On the other hand, if the initial market declines sharply then we expect correction continuation, but the market should break yesterday's low.
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
FIN-Nifty will gap-up or show a strong upside rally if it wants to go down side then it should take a deeper pullback so be aware of that and then it may come down and show us some correction. Nothing more for today. Just simple analysis if it happens i will trade otherwise I can avoid if market performs against my analysis. Use small sl according to your risk...
Finnifty One Hour Chart Analysis For Intraday Trading Support Zones For Finnifty Intraday Trading First Support Zone For Finnifty - 18450 - 18460 Second Support Zone For Finnifty – 18298 -18311 Third Support Zone For Finnifty – 18137 -18152 Resistance Zones For...
The SGX nifty indicates a neutral to slightly negative start. The market nature is neutral. If the market starts with neutrality, we expect a minor pullback. If this pullback reaches the fib range around 61 to 78%, it may take a correction. On the other hand, if the market breaks yesterday's low, then we expect the correction continuation.
The Global market indicates a positive start. The market nature is bullish. It may start with a gap-up. After that, if the market sustains, then we will expect a rally continuation. On the other hand, if the market rejects minor key levels, then we expect consolidation to minor correction.
The global market indicates a positive start. the market nature is slightly bullish. It may start with a gap-up. After that, if the market sustains, then it will go further. On the other hand, if the initial market decline sharply, then it will take the range-bound market to correction.
The global market indicates a neutral start. market nature is slightly bearish. It may start with neutral. After that, if the market takes a pullback, then we expect the range bound to pullback continuation. On the other hand, if the initial market declines sharply, then it will fall further.
The global market indicates a negative start. Structurally, the market trend is bullish. It may start with a gap-down, after that, if the initial market takes a pullback of around 38% then we expect a rally continuation. On the other hand, if the market breaks 38% sharply, the market will fall further.
The global market indicates mixed sentiment. market nature is slightly bullish. The market starts with neutral. After that, if the market breaks immediate resistance, then we will expect a rally continuation. On the other hand, if the initial market decline sharply, then it will take consolidation to correction.