Analysis mentioned on chart. Looks to give good returns in the next 6 months. Certainly not investment advice. I'm just trying to hone my skills and share my learning. Suggestions, feedback, criticism welcome.
As we can see NIFTY showed a unidirectional fall despite a strong recovery in previous trading session but we can see NIFTY seems to trading at very important SUPPORT now which was an initial start of the uptrend. We can also see NIFTY taking support at the psychological level of 19500 supported by the trendline and hence making it a better place to make fresh...
As we can see despite NIFTY being weak in the first half, it showed strong RECOVERY which was unidirectional exactly from our given levels as we had been analysing in our previous posts. Now until and unless NIFTY breaches and sustains below our given zone it could be bought on every dip so plan your trades accordingly.
We should consider a time correction following the breakout at the 1770 level before considering a long trade. If the market opens with a gap-up, we should contemplate a short trade with a target set at 1770.
Nifty has formed a perfect doji on the daily charts after testing 61.8% fibonacci levels. It is trading below the 20 ema. The market has given a nice fall after forming a new ATH and is now giving a consolidation. On the hourly charts, it has closed below both the moving averages and is taking resistance from 200 ema. There are chance of a cross over. There was...
A doji is formed on the daily charts and now there is a confusion in the market where it will go after testing the recent high. Banknifty has closed gaining 150 points but nifty remained silent and closed flat. On the hourly charts, there is a moving averages cross over and it taking resistance from the levels. There was a both side movement today and has...
As we can see NIFTY remained sideways throughout the day despite us discussing about the strong up move that could possibly be witnessed. Now that NIFTY can still be seen maintaining itself above our demand zone and hence long positions can be made BUT following the global cues, we can expect NIFTY to open weak and hence as long as NIFTY sustains itself above our...
As we can see despite NIFTY being weak, it managed to sustain itself above our given level and we did discussed that every dip is a buying opportunity till the level is not broken and sustained below hence now our view still remains intact and the sign of REVERSAL visible could act as a catalyst for further UPMOVE from here so plan your trades accordingly everyone
JTLIND looks good, it broke all time high on 25th September.
Finnifty has formed and inside candle on the daily charts and is trading below the 20 ema. It is taking a rest after a 4-days fall. The market is around the 19850 levels after forming a double top pattern on the higher time frame. There is a bearish moving averages cross over, on the hourly charts. It has retested the 20 ema and is taking a serious resistance...
On the Monthly chart, it's walking the upper BB line. PR has become PS, as indicated by the yellow line. Great chances of crossing the ATH levels(Rs.2135). Disclaimer: This analysis is strictly for educational purposes. Please take your own informed decisions before investing your hard earned money.
As we can see NIFTY did show strong REVERSAL from our demand zone as analysed in our previous post but failed to sustain itself at higher levels and fell down closing at our zone. Now we can expect NIFTY to remains BULLISH until NIFTY manages to sustain itself above our given zone being every dip as a BUYING OPPORTUNITY so plan your trades accordingly.
As we have analysed in our previous post that we can expect a recovery from current levels in NIFTY but NIFTY failed to take support and fell unidirectionally after a weak opening hence now that NIFTY has breached our level below we can expect NIFTY to fall more till finally reqching our important demand zone around 19600 levels for signs of rejection for REVERSAL
bearish flag formation detected in 15min timeframe in HCLTECH Go short once price breaks the lower level of the flag and SL could be the lower wick of the break-down candle Happy Trading. Cheers :) #equity #hcltech
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:)