This is my setup for Tuesday's session for Nifty. Concentrate on the blue box inside the large box and nowhere else. As we can see, I have marked PDH, PSH & PDL. PDH = previous day high. PSH = Previous swing high. PDF = previous day low. Small blue box: Selling zone. Since nifty has given a close above CPR on Thursday and Friday. The Tuesday setup is as...
Price is trading at control price which reacts like a gravitating . Detect "series of Doji" which indicate that uncertainty in the market and might be a turning point. From the smaller timeFrame, we can find a more accurate direction. I will update it very soon.
I am trying to publish since 15 min. but There is something wrong my internet or in trading view. it's little late. Selling at a value high it good. Resistance 11912 to 11894. Hit LIKE button for realtime N OTIFICATION. (GST) for June stood at Rs 99,939 crore. It slipped. Rupee settles 9 paise higher at 68.94 against US dollar.
Chart Projection might be required to correct. Something is cooking which cannot see by normal trader's eye. After the big move, the price will its own normal channel. The market is not going to close permanently, therefore don't get hurry with greed or get fear. Gap up. Price Rejection. Fundamental points to be considered for traders: Media believe,...
The price following "co ntro l price" and in the starting nifty fall will give power by control price 11655 nearby as support. Let it be open the Market and You will get REAL-TIME alert if you hit LIKE button . A 38% Fib. Retracement existed 11665. News and Points to cover for today: SGX Nifty (Jun 25) trading at 11,701.00 which is -15.00 -ve. Gold...
Banknifty formed a new channel which has target 31070 nearby. This is also resistance and Pivot for changing direct for short term at 3020 nearby. This new channel is not reliable as compare tight and bigger channel.
I have plotted here 2-scenario where BANKNIFTY can move beside. What are the points to confir m the direct? The following points should be considered while taking action. find the where are low risk (stop loss) and higher target down-side more preferable to keep our trades presently. control price will give you hit and more accuracy to trade...
The Nifty Auto index was trading 1.17 per cent down at 8487.20 around 09:48 am. Today Market is so cool Steel and Pharma Sector is bullish note but nifty auto index is 1.17 per cent down it's very clear think Tata Motors (down 3.27 per cent), Maruti Suzuki IndiaNSE -1.96 % (down 1.97 per cent) , Motherson Sumi SystemsNSE -2.40 % (down 1.92 per cent) and Apollo...
Nifty Pharma Index (CNXPHARMA) weekly chart study
If NSE:NIFTY opens below 10890 then initiate a buy around 10842- 10850 with a SL of 10810. Do not initiate a buy if Nifty opens above 10912 . All the above levels are for Cash. Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not...
i am positively biased on nifty for 11350 + zones
Similar to Nifty we can also see the bearish pattern in bank nifty as well. Sell range is between 27632 - 27656. Observe the price action near the range before making any short entry. Wait for the price rejection in the given range.
As per last one month KLSE index trading in range of 1680-1720 just below 61.8% Fib retrenchment level of rise from July-18 to Aug-18. If index trade below 1700 level then fall to 1670-1660 level. Volume addition in selling suggest major delivery based selling happening.
ASCENDING TRIANGLE BREAKOUT IN NIFTY INDEX PLEASE NOTE HOURLY CHART BREAKOUT RELIABLITY IS LESS AS TIME FRAME ANALYSIS HENCEFORTH TRADE WITH CAUTION PREFER OPTION TRADE TO LIMIT LOSS AND MANAGE THE VOLATILITY. TRADE BUY 10800 CE @60 (NOV) STOP@40 TARGET@120 LOT SIZE:75 QTY:6 NOTE:A TEST OF 200-DMA IS POSSIBLE IF BREAKS THEN HOLD ON FOR 10930 LEVELS MACD ABOUT TO...
Nifty could touch 11585 which is the next resistance. If it closes above 11585, there could be a further upside. If it does not close above 11585, then we have to wait and see what happens next.
This chart looks at the DAX index from Germany. It may be creating a Bearish Head&Shoulder topping pattern at at 13500. 2 day consecutive closing below the neckline of 11950 should be a confirmation. We must wait and see.
The daily chart of USD/JPY is currently in a downtrend. The pair witnessed a strong buying action from the values of 105. Now the pair is currently hovering around its 200 day moving average. Earlier the pair was in the process of head and shoulder pattern but it was negated by the buyers. We expect the buying pressure to further intensify once it crosses the...