NIFTY Prediction for Next YearHello Guys,
Do not Panic.
This is a NIFTY chart prediction for next year. Hope I am proven wrong.
BUT:
Fundamental investing:
This analysis is considering the wars, inflation, interest rates, dollar-rupee, lending, fmcg slow down. Multiple interlocked factors contributing to slow progress for the next year.
Technical investing:
Based on technical Patterns there is gap up that has not been filled at 20500 level. And as per history, we all know what happens to gap ups. Also I have analyzed multiple year rally-consolidation-fall-rally to come up with this.
Emotional investing:
I expect to see a lot of people panic, book losses and hold red stocks. This will reduce the investment emotion built over a couple of years.
What's the way around:
Individual stock investing in the top 200 companies. Find picks that you understand.
Next
NIFTY -- NEXT WEEK -- 26-09-2022 TO 30/09/2022NIFTY -- DAILY CHART -- NEXT WEEK AHEAD.
1. DOUBLE TOP formation seen at 18100 level from where nifty shap fall towards 17300 sub level last few sessions .
2. Double top formation at overbought level of RSI , shown trix line negative crossover at this level.
3. At next session 17150-17200 work as strong support level and if this support holds then nifty can reverse trend to 17500-17600 level
4. if 17150-17200 levl breaks down then nifty can fall at 16800 level .
5. 16800 Is also Fibonacci 50 % retrenchment level from low 15300 to high 18100
6. overall if nifty fall to 16800 levl then this can treat as strong demand zone where one can buy at good risk reward ratio.
THIS IDEA IS FOR EDUCATIONAL PIRPOSE ... ** trade at own risk .!!
HAPPY TRADING, !!
GBPUSD Technical Analysis based .The long term trend of gbpusd is sell . And now you can see gbpusd is making channel which id showing bearish price action. And gbpusd has been touched the upper line of channel .If you want to take position gbpusd you can take with proper risk management.if you like my analysis please follow me .thanks everyone.
NIFTY --DOUBLE BOTTOM--NEXT WEEK TREND --16/05/2022NIFTY --DAILY CHART--DOUBLE BOTTOM --NEXT WEEK TREND --16/05/2022 to 20/05/2022
1. NIFTY seen Double bottom formation on daily chart at oversold level around 15750-15770 sub level , this is same bottom where earlier nifty rally from extreme oversold .
2. short term bounce is possible from current level around 400-500 points at resistance 16400-16500 level
3. nifty overall chart is still sell on rise but since double bottom at oversold level there is more chance bounce from this level kind of relief rally ahead
4. for confirmation we want next candle to form as doji or bullish Green with no pin bar downside, then this trend will confirm it means next candle should not red one
5. if next candle red with pin bar downside then this double bottom will be not carried trend up .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..
HAPPY TRADING. !!
NIFTY -- NEXT WEEK TREND - 18/4/2022NIFTY DAILY CHART ---NEXT WEEK TREND SETUP .
1. AS we seen on daily chart nifty breakout 17450 level of resistance from strong uptrend 15800 oversold level and reach towards 18000-18100 level
2 From this resistance 18000-18100 nifty fall again around 17475 level where earlier resistance breakout seen, this level 17400-17450 will work as strong support in next week first 1-2 trading session .
3. if this level hold nifty can bounce back agian to 17800-18000 level if 17400 break down side nifty will see another support downside 17000 level .
3. from 15800 low to high 18400 , at this point 50% Fibonacci support comes around 17000 sub level so this is strong support according to trade setup unless this support hold nifty will be bullish zone and set as uptrend bulls fvr.
4. RSI at mid range on daily chart at 52 levl , MACD above center but bellow signal line
5. FII currently sell mode due to global conditions , But DII and retail investor can hold market above 17000 level at least for few sessions till global situations improves .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE... !
HAPPY TRADING . !
PAYTM -- NEXT TREND - APRIL 2022PAYTM - HOURLY CHART --- NEXT TREND -- APRIL 2022
1. stock consolidate around 520 - 580 level last few days
2. at consolidation double bottom formation seen around bottom level 520-522 level
3. stock closing at near trendline last closing session at resistance area 575-580 once stock close above 585 level that will be trendline breakout as well as resistance breakout also, can go long above 585 for target 650 -750 if stock fails to break above and close resistance then it may fall to support level 520 bellow 520 will be again bearish trend
4. 1 sign of bullish fvr is stock has seen MA SMA crossover at 540 level then has upmove till now last daily candle is strong bullish
5. another sign in bullish fvr is price oscillator went above 0 line
6. overall view is wait for resistance breakout above 585 and see candle close above it and go long . !
** this idea is for Educational purpose ..!!
HAPPY TRADING !
NIFTY -- NEXT WEEK -- 04/04/2022 TO 08/04/2022NIFTY TREND NEXT WEEK --HOURLY CHART - 04/04/2022 TO 08/04/2022
1. on hourly chart we can see journey of nifty where nifty bottom out around 15750 level till now 17670
2. Nifty made bottom formation at 15750-15800 level where RSI extremely oversold level as we seen . from then nifty bought consistently went to 17000 level . at 17000 level nifty made double bottom formation .
3. nifty break reistance 17400-17500 level last trading session and close above it very strongly to 17670 where bank nifty also breakout at bullish level
4. next week view is bank nifty will outperform and support index to go further up move to 17800-18200 , mid-cap also outperform and that trend continue upside
5. RSI level also seen bullish .
6. some correction if any we can seen around 17500-17350 form a good support where nifty agian bounce back
** THIS IDEA IS FOR EDUCATIONAL PURPOSE
HAPPY TRADING. !!
NIFTY- NEXT- TREND SETUPNIFTY DAILY CHART SETUP WHAT WILL BE NEXT TREND SETUP NEXT FEW SESSION.
1. NiFTY bought from extreme oversold level 15800-16000 at this level two double bottom candle seen which indicates nifty bottom out at 15800-16000 level and from this level nifty at cmp 17287 around 1300 points upside seen which is strong upmove
2. last candle of nifty is breakout candle of lower channel that means nifty reverse from bearish to bullish channel again
3. nifty seen strong support around 17000 level as long as this level hold next few sessions nifty bullish trend continue with upside target 17600-17700 level .
** THIS IDEA ID FOR EDUCATIONAL PURPOSE .
HAPPY TRADING. !!
VODAFONE IDEA ---WHAT NEXT ?VODAFONE IDEA ...WHAT NEXT. ?
Question in mind ?..guess rite .. following is chart will Explain you what to do next.
15 MINUETS CHART clearly show stock close at 16.40 level as doji pattern form on daily chart. doji pattern form when trader/investor indecisive about buy and sell. trend confirm when either side breakout that means at present consolidation going on around 16-20 to 16.80 level ..if 16.80 level break on upside then target 18 will be hit or if 16.20 break then trend will be downside at least for time being.
one more thing to add trend-line seen breakout and few red candle following breakout line . but confirmation will be on only if 16.20 break downside, Bellow consolidation zone stock can fall around 15.80 and then 14.80 both are strong support zone where demand for buying can seen again.
MONDAY 13/12/2021 watch out upside level 16-80 break upside target 18 confirm . if 16.20 break downside 15.80 - 14.80 is level BUY opportunity. !
i hope this idea will useful and profitable to your trading analysis .!
HAPPY TRADING. !!
VODAFONE IDEA ---OUTLOOK NEXT ?VODAFONE IDEA after correction from 16.75 level fall to 15 level as of now..today 15-12-2021 but again stock seen at strong BUY zone TODAY
BUY VODAFONE IDEA 15 Level
target 16.50 , 17 . 18
Stop loss 14.50
BULLISH technical INDICATORS.
1. Stock at technical strong support
2. Trendline breakout
3. Double Bottom formation at 15 level
HAPPY TRADING. !
NIFTY PREDICTION NEXT WEEK NIFTY Trading now at present make or break point, after stiff correction from 18600 to 17750 sub level, on 1 year technical chart daily time frame trend line breakout shown clearly as well as support line also indicate strong support at 17650-17750 level.
HISTOGRAM AT 0 line also shows make or break from hare now.
NEXT week nifty can take support from 17650-17750 which is currently trading at 17765, and 18000-18200 will be strong resistance zone, breaking above 18200 nifty turn very bullish and next bull run will be on card.
Breaking bellow 17600 will be again bearish area and that will be seems again strong correction downside 700-800 point where next strong support at 16700-16800 but in that case stock wise Stiff correction .. but looking at chart this is very less possibilities and trading zone will be 17650-18250 most likely .
BTCUSDTBitcoin spending over three weeks in the $30,000 range is proving a crucial test for one of its best-known price models
BTC price action has hovered in a lower corridor between $30,000 and $40,000 since mid-May. This has worried day traders, while vintage bulls have called for calm and a long-term mindset
a nice short squeeze and V-shaped bounce back to $54K (+69%) would result in then bounce back scenario
stock to flow model is at historical support good chances to bounce back up
possible reversal in DOW (DJI)We can see a reversal in the DJI:index as of today MARKET HARDLY MANAGED TO BEAT THE RED CLOSING Major market benchmarks mostly drifted sideways on low volume Monday, with investors looking forward to trade talks at the G-20 meeting later this week.
We can see a possible revarsal as of chart is indiating the reversal from the current level 70-50+pts up normal thing we cant consdier the same number of levels for the reversal as we need a small movement tot trace the next track of markets trend
tune in on tuesday
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AS we will be updating and sharing more information regarding market so STAY TUNED .....
NXT | Buy opportunity | 70% profit potentialNXT going to increase to 0.587$ in short term as it can be validated from BB and Fibonacci (0.236 level).
MACD is crossing the zero line and RSI is rising above from oversold region, both are giving positive signals for NXT.
Disclaimer: This chart is just for informational purposes and not an investment advice. Please trade at your own risk.