Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Nifty managed to pull up and close above 22358 which is not a bad thing at all, but what was worrying is how NiftyIT traded today.” 4mts chart How many of you really thought we would hit a new ATH today? Even if you happened to read yesterday’s post-mortem report - you might not have gathered enough...
ENJOY TREND OF NIFTY TILL 20430-20450 level to level anaysis Trade wisely with your capital Nifty in good Bull run
AXISBANK FUT broke above descending channel pattern on an hourly chart with decent OI. Could be bought with mentioned stoploss & target.
NIFTY broke out of descending triangle pattern on an hourly chart with good OI buildup suggesting long build up with very good risk reward ratio. Could be bought with mentioned stoploss & target.
LICHOUSING made double bottom pattern on DAILY tf with good volumes, although its not confirmed yet, but looking at the volume data & price action it ll eventually break past 383.60.(confirmation level) Could be bought here or on dip till 365 or on breakout above 383.60 with mentioned stoploss & targets.
Nifty broke out of triangle pattern on 15 min TF with decrease in OI in fut & increase in price suggests short covering. Could be bought with mentioned stoploss & target.
It's been almost 2 weeks since I posted the Head & Shoulder pattern formation in Nifty Daily/ Hourly chart. Are you witnessing the power of following chart patterns? Friday was absolutely baffling, but if you had conviction in the chart pattern, you can easily make money without hullaballoo.
This pattern works like a killer in a bull market. Looking at the price action and macro, we can be at the onset of a bull market. So, I am long. Goes without saying that one must have a stop loss in place. For this, I think following the trend with SL as low of the prior daily candle on a closing basis.
Don't buy this expiry as FED meet is there on wed so buy next expiry call option for safe trade.
NSE:NIFTY is forming or has formed H&S bottom on weekly chart. Price is looking good to stay long in this market and on the upside. Intermittent whips may come on the downside for intraday moves till 18128 but only if the following levels are breached - 18583, 18385 & 18297. Positionally the trend is up itself. If the green weekly trend line is breached at...
A bullish view is seen in NIFTY , we can sell a good UP TREND in NIFTY till mid of NOVEMBER .
Information is given on the chart I have a utube channel whose name is Intelligentrader On my utube channel I will be posting videos of volume analysis and also basics of trading. This is an educational post Trade carefully Grateful🙏
I hope you can now see how the NIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Certainly Not ! Because, usually I post out Nifty before 9.15 am & its not the same today. Not a prob, but are we right on Timing the Nifty to our expected zones ? Well, Nifty needs to tell Me that. Just based on few presumptive reasons, I ascertain Nifty will reach out to 9750's zone between May 31 - Jun 2 & I may be completely wrong. Honestly, in My opinion...