31k is our next target Looking at the big daily candles , it's a very very strong momentum. Which should break above the swing high. But bair in mind ,We also in weekly supply zone. Which is a strong resistance zone. As we can see the increased volume,hope it sustain the momentum. Again don't fall in any trades untill BTC becoms stable. Btc Dominance is high,...
As we can see despite a strong opening NIFTY couldn't sustain itself above 18800 neither did it cross 18900, on the breach of which we were planning to go long and was expecting a good upmove above hence now if NIFTY fails to open strong and rather opens flat to weak then we might see a strong downfall in the first half finally taking support at 18660 levels and...
As we can see NIFTY had been slightly positive to sideways throughout the day and also closed above the given trendline which is potentially acting as a strong SUPPORT hence we might expect a strong upmove if sustained above 18900 else we might see a negative to sideways market in coming trading sessions so keep watching everyone
Btc is ranging below high time frame supply zone. Indecision in market. Better avoide trades. Untill we see one of the mentioned price broken. If breaks below we will be in short term down trend. Good luck.
As we had been analysing since past month that NIFTY had been in uptrend ever since but now finally NIFTY exactly got rejected around our level of 18900 and fell unidirectionally till 18700 but it did closed above the trendline showing signs of strength but if NIFTY breaks todays low and sustains below 18700 we might see a substantial fall till 18500 which is...
REEFUSDT LONG Lev 3-7X Entry 0.1570-0.1554 Targets- 0.1593 (book 50% and move sl to second entry point) 0.1670 50%
As we can see amazing recovery was witnessed from the trendline as analysed despite nifty being weak in smaller time frame but a holistic view showed that NIFTY was heading towards trendline support and we were prepared for this upmove hence we can see more space for NIFTY to further continue the rally till 18900 which is its next resistance so keep watching...
As we can see despite the unidirectional fall NIFTY still managed to close above the trendline which shows NIFTY could potentially open gap up and continue its bull run but a better area for making position would be around the trendline if NIFTY opens flat
Price action Clearly visible UPTREND Ready for breakout
Strong Buy. 1. Stock was in sideways range from last couple of month. 2. EMA 26 having PCO EMA 50 on daily TF. 3. Monthly/Weekly MACD : UP 4. RSI Up 5. ADX showing strength. Entry : around 165 SSL : 155 Target : 190/205 RR : 1:3/1:4
As we analsyed NIFTY took trendline as support and showed strong upmove and has been in uptrend ever since hence we can still expect nifty to continue its rally till 18900 which is its next important supply zone so keep watching everyone
Reason to Go for Long Cup and Handle Break out at 1H. Above Avg Volume on Breakout. Possibility of Range Breakout at 3H. SMI Indicator Buy at Daily chart
As we can see NIFTY can be seen making a doji candle in one day TF and also this candle formation has been done around trendline showing a potential signs of REVERSAL hence we might expect an upmove from here but if opens weak then we can wait for NIFTY to take support at both psychological levels and the trendline so keep watching everyone
As we can see NIFTY couldn’t sustain itself above 18600 and fell unidirectionally! Now we can expect NIFTY to fall further till the trendline wherein any signs of rejection around that area should be a good buy as 18500 being a psychological level could act as a catalyst being a good support so keep watching and wait for better opportunity to enter for long
The Nifty End of week Analysis to Understand the Nifty sentiment and Identify Potential Trading Opportunities for Next Trading Day . Nifty Demand and supply zones are Price levels on Chart where the Buying and selling Pressures are Expected to be Strong and it is top Nifty Trading Indicator for Nifty Intraday Trading Support Zones for Nifty are as Given...
- After the closing of Friday this week Nifty is trading very near to support zone. - If you observe the hourly view, 18500 level is the zone, where nifty is spending more time (i.e. Nifty is trading much time here) - In the “day timeframe view” Nifty is now the “HIGH 3” level - Nifty can bounce back in the coming week and can brake the all time high of 18887.
As we can see NIFTY despite the strong upmove in the first half finally took a toll in last hours but it did close above 18600 mark which is also both a psychological level and important support as it has acted as an important resistance in previous trading session hence we might expect a strong opening today and carry its bull run so keep watching everyone
As we can see and had been analysing since past few weeks that unless NIFTY closes above or below either of the levels it can remain sideways but NIFTY showed a strong closing above our given range and hence we can expect NIFTY to move further up till 18900++ in coming trading sessions so keep watching everyone