1) On 1 day time frame, we can see that now it is at very critical level range.
It is make it or break it, now. If it took support then we can see good reversal for uptrend. But if it fails then the down move continue.
Please refer below chart : 1 day Time Frame.
2) On 1 hour time frame, we...
you can buy nifty on 17800 levels there are three reasons to buy on this level first 17800 is psychology lever second last life time high level and third reason is fib level so you can buy on this level with stop loss over 40 point and target is 110 point so you can earn much batter return on this pattern
stock is on trend watch for level's i draw or keep alert's on them. also don't trade that script if C broke if broken then this pattern gone to be invalid so take care of that note . also many time prz works as support level as well
Today will be slightly gap down opening expected in banknifty . For today's session 38050 level will act as an important support after opening. More chances banknifty will take reversal from this level and continue it's bullish rally towards the 38450 to 38950+ level. Any downside only possible if it is not sustain above 38000 level and starts trading below 37950.
TODAY GAP UP OPEING POSSIBLE
Note : This is only for Educational purpose this is not for an investing advice.
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Levels as mentioned on the chart with probable Price Action to follow....
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in this stock prz harmonics pattern forming. also remember that i draw two more level on swing high low if high swing level broken without breaks low level one then levels gone to be valid. but if low level broken then prz gone to be invalid. and always watch small tf reaction near prz level how it's reacting on them.
If Tomorrow market opens flat and taking support 16588 and form a strong green candle go long for 50 -60 Points OR
If Market opens Gap Up above 16645 and forms strong green candle go long. Or open gap up on 16645 and faces resistance and taking support on today high then go long If Market Open Gap Down then above 16690 and form green candle go long or level breaks...
If Tomorrow market opens flat and taking support 35580 and form strong green candle go long for 150 - 200 Points OR
If the Market opens Gap Up above 35800 and forms a strong green candle go long. Or If Market Open Gap Down then above 35340 and taking support then go long and if 35340 level breaks go short
Bank NIfty Resistance 35800 36250
Bank Nifty Supports...
If Tomorrow Market open flat and go sideways taking support at 166335 then go long for 50-80 Points or if this level breaks then go short for 100-120 Points
If Market Open big gap up below 16580 then faces resistance then go short or breaks this level then go long for 80-90 points
If Market open Gap down above 16336 taking support then go long with a...
If Tomorrow market open below 34980 and form big red candle then go Short for 100-150 Points
If Market Open flat on last day market close and form 15 green candles then go long with small quantity and if 35300 level breaks add more quantity as per your risk management.
If Market open a big gap down above 34670 and market go long if green candle form
If tomorrow market open flat or gap up and form green candle go long
If faces resistance at 16465 and take support 16375 go long if this level breaks go short for 50-60 points
Market goes sideways avoid trade (avoid trade if risk ratio is high)
Our Analysis is purely based on price action.
Nifty Next Target if the bullish trend continues
If market open Gap Up above 36240 and form green candle go long for 100-120 point. you can also wait to breaks 15 min high then take an entry
If Market Open Flat and faces resistance at 36240 then go short if 36130 for 20 to 30 points and you can avoid if your risk ratio increase
If Market open Gap Down above 35750 and 15 min green candle high breaks go...
(POC) if on 12th aug 2021 market opens in a positive(ABOVE POC) then taking the conformation of bullish trend by candlestick we can see a easy rally towards target 1 ,2,3
if market opens on a flat note avoid taking trade
if market opens in bearish side seeing bearish conformation we can see our target #1 and #2
Disclaimer :- Trading is very risky please...
If Tomorrow market open gap down above 35760 and sustain then go long if not then short for 100-120 Points
if Market open flat and breaks 36200 level and 15 min candle close above 36200 then go long if high breaks for 150-200 Points
If Market so sideways then only take if the given level breaks
]Major Resistance:- 36200-36700
Major Supports- 35450-...