NIFTY50 FOR MONDAY(16/01/2023) M pattern Hello ji,
==================================================================
Here is today we make money in both index.
Support and resistance levels are drown.
On monday maybe "UPSIDE" move but strong resistance levels of 18000.
enjoy weekend 🙏
==================================================================
Indianindex
nifty M pattern tradewith recent low (27th jan 12:15) to yesterdays high drawn a fib
today nifty's high was near about 0.6 fib lvl which os considered to be good lvl of retracement
if you considered previous few session kind of wedge pattern is forming
if the price breaks the arrow line then it can fill up today's gap upto 17625
just above the 0.6 fib lvl can be stop loss
Trade after budget I am bullish in this budget, positional tgts are really till 18000 but intraday 100-150 move is enough to earn good money, still it should give a close above 17610-15 after that it can give a straight upside move, volatile market may be there but do not trade it there is a huge gapup, then the people who have bought calls can book profits.. trade safely
banknifty on buying side after breakoutHello guys i had find this setup which is forming good setup in 4h timeframe after breakout it has a good change to buy with below swing sl and target upper channel and also do your own analysis before taking any decision on my charts if you like my analysis do share like and follow thank you
Quick trade in banknifty buysideHello guys i had find this setup with high RR ratio in 15m timeframe the logic behind the trade is its making support at lower trendline and chances to come at upper trendline which we will exit there and sl below buildup area and also plzz do your own analysis before taking any trade on my charts i hope you guys like my setup if you like plzz like my chare follow and do comment below thank you