Nifty Analysis Recap from yesterday: “I wish to just wait and watch for tomorrow and not get into an aggressive long position until Nifty50 has consolidated at the current levels. I wish to modify my stance to neutral from bullish. If we break the 19870 levels tomorrow — I wish to go short (bearish).” . I did not get into any new long position in Nifty, in fact...
Nifty wikly time'fream creating Barrish Head and shoulder 18000 level break than Barrish and break down head and shoulder nek line go doun Nifty 50 14700 and 14500 level next 1 moth or 2 month
Break out is possible as per the Bank nifty 30 chart - seems like inverted head and shoulder - though it was not exactly like that. But any break out from that level will ensure 200 points in Bank nifty ,where we can buy Bank nifty 43100 CE 22nd December expiry Ensure strict stop loss of 30 points below from your buying price
NIFTY -- HOURLY CHART -- BULLISH CHART PATTERN 1. Recent fall of nifty from high level lower channel seen till 15800 level where nifty form double bottom at 15800 level 2. After double bottom formation nifty at trading at upper channel 3. consecutive support taken at lower level of upper channel has seen where trend follow as uptrend higher top and higher...
NIFTY -- WEEKLY CHART --FINDING BOTTOM 1. well recent sharp fall of nifty from recent higher level around 18100 to 16200 Sub level seen on chart as nifty form lower high and lower low channel 2. AS per this channel try to following the same nifty has broken support 16800 then next support comes to 15800 Where earlier nifty was bottom out and Bounce back This...
Nifty Futures Looks like a bullish flag was made and Nifty did attempt to break it yesterday itself. Let's see where we open today but I think the bull rally should be back very soon. There is a good support at 17274.50 level so the stoploss should be 17250 closing basis. Long traders should keep the targets open as the nifty still has steam and we may see 17650 /...
Retested earlier breakout On trendline breakout, initiate long above 867 RSI at levels of 54 Hold for targets of 907, 934, 986
On breakout, go long RSI at levels of 58 Target - 1526
Nifty Formed A Falling Wedge Pattern. On Hourly Chart It May Be A Bullish Signal for Next Trading Day... if it opens Gap Up
I hope you can now see how NIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
Get ready soon for short NIFTY, because of A, B, and C correction. The only question for traders, where is B? Update (3): Update (2): Update (1):
50% retraced 4th wave - 8957 61.8% retrace 4th wave - 8741 Wave 1 and 2, both connected parallel chance for finding 4rth wave. Intraday support 9100 nearby. Short Sellers: first target 8965-8935 after breaking down the channel. Next long position Trade Setup have two option :- Buy 8957nearby with minor stop-loss and, Last buy...