The S&P 500 (SPX) is now starting to bounce.
The sellers are exhausted according to the indicators and we are seeing a strong jump taking place today.
We have more details on the chart above.
We believe that prices can bounce before producing one final strong drop, but it all depends on how these support and resistance levels are handled, we remain open to all...
INTRADAY TRADE IN BANKNIFTY (SPOT TRADE)
!!please note trade with caution!!
!!manage your risk!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
PLEASE NOTE MY INTRA-DAY NIFTY/BANKNIFTY TRADE VIEW HAS NOTHING TO DO WITH MY POSITION TRADES
RATES ARE AS PER...
Nifty View !!
Buy Nifty at Cmp 11200 Use Dips Till 11100 for Buying
with Sl 11040
Note: View Given Here are For Educational Purpose Only!!
Consult Your Financial Advisor Before Taking Any Trade
After this huge slippage of prices today, the bullish invalidation is at $2874sh level and bullish knock back to the market will be in between the range of
What is expected next is break of bullish invalidation and lower side targets. A probable pull back or retest of bullish knock is possible before a fall again.
BHOOMI predicted this fall way...
--> Just like the waves in the direction of the Sea and the less dififfult and less difficut o walk in that direction, here is what i want to tell you.
As per the long view of the nifty research, I suggest to find what is the best level and minimum risk for short selling is intelligent decision AS TRADER....
NIFTY TRADING IN MEGHAPHONE PATTERN INSIDE THE BIG CHANNEL(SHOWN WITH RED LINE)... TRENDLINE RESISTANCE COMES NEAR 12450 & SUPPORT IS NEAR 11100
BREAKING DOWN MEGHAPHONE PATTERN WILL BRING BIG CORRECTION IN MARKET...
Researched for U-Turn for nifty.
Intraday Resistance 12349
2nd channel Resistance 12386
Last and final main channel Resistance 12448
We have plotted GAP, channel layers (0) to (3), Initiated move and responsive move on the spot nifty chart.
As per channel layers, traders can make 3x to 5x money from trade setup by using Option Trade (PUT).