As we can see NIFTY fell unidirectional till our mentioned levels exactly as analysed in our previous analysis that NIFTY would be weak and needed a healthy retracement but it closed below 20000 level which should have acted as a SUPPORT. Now we can expect NIFTY to show strong move from here in the first half but it will be interesting to see if it sustains itself...
As we can see NIFTY had been sideways to nwgativw throughout the day as we had analysed in our previous analysis and hence we will stick by the same view as of now as we can expect NIFTY to become more bearish leading towards 20000 levels which is a psychological level and can act as a potential SUPPORT so plan your trades accordingly
There is a bullish pennant pattern formed in 1D timeframe. It can be a good trade for both swing traders an intraday traders once it backs the upper parallel channel. First target could be 460.00 level SL would be end of wick of the break-out candle Happy Trading Cheers:)
DLF sustained at a good support, which the market is trying to break multiple times. Go short if price breaks ~528.00 level, First target - ~521.80 Second target - ~514.75 S/L can be the ~526.85 level Happy Trading. Cheers:)
Trade is based on SMC Concept 1. Supply Area With FVG 2. Demand Area With FVG and Liquidity So targeting Demand Area to Supply Area
As we can see NIFTY had been trading at its ALL TIME HIGH since quite some time now which is unidirectional but we can see signs of indecision at higher levels being sideways. Moreover we can see NIFTY getting rejected at the trendline and hence we can again expect not much of upmove but rather a sideways to negative market unless NIFTY breaches the trendline...
Finnifty is trading around the ATH higha and has closed near to the level. The weekly close is quite good for a bullish move as it has closed 393 point higher this week. It has shown a U-shape recovery on the weekly charts and it might take a halt before creating a new high. On the daily charts, it has closed 123 points higher and consolidated in a triangle....
After a nice upside momentum banknifty is now in a sideways trend and during the last trading session it has consolidated hitting 46300 levels. It is trading around the ATH and on the weekly charts there is a nice V-shape recovery for the markets. On the daily charts, there is a formation of a doji and has closed 230 points higher. Nifty has already crossed...
Nifty has given a nice marubozu candle on the weekly time frame with a good volumes. On the daily time frame, there is a RSI divergence and there is a good volume on the closing day. There was a gap up opening and it consolidated whole day taking resistance from 20200 levels and closed 89 points higher. On the hourly time frame, the market is still sustaining...
Twl is one of my favorite stocks from very long time, I m entered@ 150/90 levels multiple times As per my analysis now it's over My last target was 840 & 880 almost achieved I m completely exit @ 680/850 step by step I will only reentering above 1000wclb
As we can see despite the strong opening NIFTY fell unidirectionally but took support at yesterdays closing and showed slight RECOVERY in the end. Now that NIFTY can be shown signs of indecision in smaller time frame which shows NIFTY can remain sideways to negative in coming trading sessions but is BULLISH in LONGRUN until it sustains above given zone so plan...
Finally, banknifty has crossed 46k levels and has closed around it. Today the market was a bit volatile and remained sideways after an initial gap up opening. It tested 46100 levels and reversed making base around 45850 levels and consolidated in a 150-200 point range in the second half of the session. On the hourly charts, the market hasn't given a close above...
Nifty consolidated on the weekly expiry after a movement in the opening hours. A doji candle has been formed on the ATH and after a nice upmove there will be a retracement or side ways market. It has closed around 20100 levels and there were no opportunities in the second half of the trading session. On the hourly charts, nifty tried to test the 20 ema but...
As we can see NIFTY has exactly REVERSED from our levels as analysed in our previous post after much of consolidation. Now looking at chart we can expect NIFTY to continue its BULLISHNESS unless it breaks below 19860 then we cam expect some serious retracement till 19600 till then every dip is a buying opportunity so plan your trades accordingly.
Nifty has formed an inside candle on the daily charts and has closed 76 points higher near the previous day high. It gave a bullish move and consolidated in the second half while banknifty kept on moving higher and higher. It is already trading near the ATH and tomorrow being a weekly expiry there can be a retracement on the chart. On the hourly charts, there...
Banknifty on the weekly expiry has given nice up move and formed a bullish engulfing candle. It almost touched 46k levels and has closed above 45900 levels. Nifty has formed an All time high and banknifty is looking forward to hits it's new ATH. The market formed a base around 45300 and gained up side momentum giving a 600+ point move from the day low. On the...
As we can despite a strong panic NIFTY managed to show some strong rejection and closed above last ATH. Surprisingly which is a fluke we did discuss that a sharp retracement is expected and we did see that fall the very next day. Now we may expect NIFTY to remain sideways to negative for upcoming trading sessions before finally continuing the rally so plan your...
Banknifty after a gap up opening came for a profit booking and closed 60 points lower forming a red candle on the daily charts. On the hourly charts, it seem to consolidate after the initial sell off and has closed above both the moving averages. Market has given a nice bullish move and are stretched enough to give a retest or consolidation. It will be sideway...