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).
as we witnessed a mark of 32155 couple of trading sessions ago, so now as you can see in this chart that we are on Axis point. if this 4hr candle closes below our axis point then we are in correction zone and somewhere will we find a support at 31090.
previous high (32155) to our axis point is a choppy zone, so do not enter between this range.
you can long above...
Nifty formed a bullish flag pattern followed by a consolidation before a breakout to reach the top of the flag.
Further consolidation was seen in the ~11800-12000 range.
Nifty has witnessed a breakout from this range and is thefore expected to resume its upmove to the target of 12775 given the length of the Flag Pole.
This is ofcourse going to be a swing...
theres lot of newsflow , but stick to ur plan !
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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 NOTIFICATION.
(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.
Fundamental points to be considered for traders:
Media believe, GDP kept...
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.
The price following "control 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 rises to near...
I have plotted here 2-scenario where BANKNIFTY can move beside.
What are the points to confirm 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 here.
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...