29-04-2021 short-covering happing because of 28-04-21 market had rapidly gone up approx 800 points so the market take some rest or going downward direction on morning section
The idea should work in ideal condition. Markets are heavily influenced right now by institutional selling. Idea based on support - resistance formation. Analysis by Pranay Jain a.ka WizSmash
The market has made a huge gap down opening and was flat throughout the day. now, nifty is on the support level. It is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market. #nifty50 #niftyanalysis #marketanalysis #trend.
HOW TO TRADE IN NIFTY . Nifty is making a bullish candle and global market is bullish but as corona cases are increasing, the market will be bearish. behind the scenes: FII BOUGHT 437CR DII BOUGHT 657CR. EUROPEAN markets are flat. SGX nifty is trading bearish at the time of review Advance to decline ratio is around 1131:762 in Nifty50 US market data is...
chart pattern developing head and shoulder
Since nifty is range bond from few days and has even shrunk to a smaller range, hence it can easily take out your money from your pocket. Now its very necessary to understand the technical as well as to analyse the data available to predict the market behaviour. hence, this is the small video in which I have tried to analyse the ongoing market behaviour.
Nifty trading in range of 190-200 points of 14600 to 14790 level. If nifty trading below 14600 then expected strong downside upto 14350. Bullish rally will possible if it trading and sustain above 14790 level.
Nifty has closed all GAP UPS AND GAP DOWNS today. Also retracing from 61.8% on a daily time frame. Hopefully, the correction is over and market might get stable. Nifty closing above the 50 EMA. Let hope an upside trend from here. Waiting for confirmation.
CMP 511. Waiting for the 4 digit by December 2021.
A time based correction is over due. MACD on daily chart signals weak strength and major hurdles upwards. A doubl top is forming in the daily chart and possible landing level should be 14450 and further correction cannot be ruled out too. Investors be cautious.
for major correction to happen weekly channel need to be broken otherwise its a non stop 18000.
Do Your Own Study Before Taking Any Decision All These Charts Are For Learning Purpose...
Do Your Own Study Before Taking Any Decision All These Charts Are For Learning Purpose. ...
We saw this exact move made in the last week of January around the 30000 zone. Double bottom indicating that the bears are exhausted and the bulls are back in. Previous supply zone now turned into a demand zone. If you caught the bearish flag move, congratulations. I will be looking to enter on the long term buy position. targets profits set at 78000. will find a...
As nifty has formed the RSI Divergence on Daily Time Frame. so, I am expecting that it will fall to 12300 in the next coming 2 to 3 months then it will start to recover.
HAPPSTMNDS is looking for a great buying opportunity has the chance to take profit minimum 10-12% for this coming week.
1600 range acting as good support. once it is break can see good upmovement in the stock. so watch it in coming days. go with the trend ,whatever breakout /breakdown happens.