NIFTY : ON BOILIn continuation to previous analysis, nifty is giving appx 200 point profit. As per previous analysis trgt is 20000 k , ride on profit with trailing SL 19580.
Index
NIFTY ; CONTINUATION In continuation tinuation to our previous analysis, trail sl to red support line . If triggered then wait for 1 hrs to Sq up. Other wise ride on long position. Till now riding on 100 point profit.
NIFTY : CONTINUATION OF PREVIOUS ANALYSIS As per previous analysis Nifty is in long position. Sl was given @ 19434, Today nifty made low of 19500, trail sl to 1% below todays low.
Nifty : Initiated Long Position.As per our previous analysis long position is initiated
As said SL is below yesterday's low ie 19435, that is 125 points loss 50 x 125. But if sl is triggered then to wait for 1hr before closing position.
Target is 20000, + - 150 points that is 50 x 400 R R R is 1: 3.5
So trade according your risk capacity.
If one can't take risk it is advisible to buy option , and if can't take premium risk too then FnO is not for you.
NIFTY FORMING GRAVEYARD DOJI.As said in previous analysis , Entry in Nifty depends on break above or below triangle pattern, where resistance line is also placed.Today long entry-level was well above triangle and resistance line, but nifty had given only 50 points move above triangle. Hence it was not worth going long at this point of time. Nifty also had not showed proper trend reversal on long as today Nifty had made graveyard stone pattern which is formed at end or beginning of rally but confirmation is required.
Conclusion
Buy above today's high ie 19550 and sell below today's low ie 19435
Nifty Futures levels 05.09.2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Bank Nifty Futures levels 05.09.23Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
NIFTY: CONTINUATION OF PREVIOUS ANALYSIS.Nifty also had completed Triangle pattern. So wait for breake above or below Triangle. Thus will give good movement in nifty if caught right.
NIFTY REVERSED FROM SUPPORT LINE.Sale was given below 19180 but nifty reversed from 19255. Nifty made high of 19458 , 200 points rise from low is decent gain in nifty, this makes nifty in notrade zone and stucked in 200 point range. Buy or sale decession will depend on brake of this levels comfortably.
Conclusion
Wait for direction.
NIFTY 50 STANDING ON SHOULDER. Nifty had completed H&S pattern
20 Dema crossing below 50 Dema confirming sell signal.
0.236 Fibonacci support contracts with shoulder line and support resistance line
Conclusion
If nifty break below support and shoulder line I.e 19180 then 0.386 fibonacci levels can be achived.
Sell below 19180 for 18700 trgt.
NIFTY FUTURES 28th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Bank Nifty Futures 28th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Bank Nifty Futures 21st August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Nifty Futures levels 18th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Bank Nifty Futures 18th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Bank NIftyHello Everyone
Below are the key points for bank nifty.
# resistance level - 44072
If we brake this than we will see a correction move. in from of MC1 otherwise M1 is continue to downward direction.
Thank You
NIFTY FUTURES 17th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
BANK NIFTY FUTURES 17th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Nifty Futures 14th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Bank Nifty Futures 14th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Bank Nifty futures levels 11th Aug 2023 Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Nifty Futures levels 11th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
