down trend seems like finished and its time for uptrend.
most probably nifty will go bit more high as per the chart , or it will be a clear case of long 5 wave towards down
nifty is going to be bearish once it crossed 10900 point
Nifty is still seems like bearish, as you can see there are many more legs down pending to change the trend
as we can see nifty is going to be up till 38% of 4th wave retracement of larger digree or 50 % retracemnt .. if it cross the 50 % larger digree retracemnt then its confirmed that bull is going to paly in coming months
NSE:CNXIT As per 5 Year chart View, Nifty IT is overbought @ 16739 (Levels Mentioned in Chart). But there are some chances that it could go to Range: 2 @ 18024. Downside Range will be @ 13780. I expect it will consolidate in these mentioned range. It shows us TCS, INFOSYS and some more IT stocks will be in consolidation. Ranges for stocks will be updated in next...
NSE:NIFTY Nifty was 280 points down today and recovered 35 points on before closing. Line: 1(Mentioned in chart) was today low 11523. Tomorrow if Nifty Breaks 11520, Then Short till Line: 2 @ 11455. If tomorrow nifty haven't broke Line: 1. Then Buy and hold till Line: 3 @ 11650. So,If you are in buy side then breaking Line: 1 will be stoploss for Line: 3. if you...
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 small value area and narrow channel are plotted on the chart. For the long trader, the value area found the support at 31186 nearby . NOTE: Trade always requires verification of move by the few of the points due to live market hours. I will best try to update at live mkt hrs.
@Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only Follow More Live Updates :- Youtube/Telegram/twitter :- @NseDerivativeDesk Query on Whatsapp:- +91-7440557654 Thanks !!
This Chart Working For Next 5 Years @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only Follow More Live Updates :- Youtube/Telegram/twitter :- @NseDerivativeDesk Query on Whatsapp:- +91-7440557654 Thanks !!
I've plotted perfect "TRANGLE" for NIFTY will push the price on the breakout.
Breakdown study was applied on the BANKNIFTY which has appeared breakout. buyers can try this level, 30008. In fact two strong has it, another is at 29730. Sellers will continue to enter the market either new short or as long forced to liquidate until some point when buyers coming in. We are going to see high volatility in coming this week as I told you...
Today, I exact nifty taken support after our entry in Option trade, 11700 strike Call option bought @ 18.6 and exited @28.4. Nifty target was achieved. You can see here my last Nifty update. There'is nothing much over the NIFTY chart. The value price is near the breakdown compared to break up, which can be identify by shorter time frame chart. I will update...
The right side of NIFTY chart, we have found that price rotation and higher trading activities plotted it by using a rectangle. Price value gravitating by control value. Suppose, it's true then, nice can move upto 11780 again. above 11626 we can think the bullish for the short term. Price ration between buyers and seller are in the range of 11598-11678 appeared....
I have plotted everything clearly for on the chart. Yes, I know these all plotted points are historical, but shortly I will update next control price, excess, value area for the 15min chart which will give you confidence for trading. When you know what is happening, you trade with complete faith. Presently, there is not any control price level, so we have to...