NIFTY-NSE
Wipro crucial zone, Breakout Or Excess?Honestly, I am not sure that its an excess or a breakdown but, volume is normal.
Normal volume indicate that, if price not bounce OR not create a TAIL before the close then its breakdown. Let wait and watch this closey for learn.
Yes traders and investors eye will look for this stock to buy at this area 265-268 is great to buy with stoploss 265 below and target should be above 281 and 291
Sellers pressure on NIFTY will push price...!There're two scenarios created by NIFTY.
Previous support 11816 existed.
Control price attracting value to 11841.
Sellers pressure will lead price toward value low at 11802 nearby.
We will take accurate action very soon if you want REALTIME al ert , HIT LIKE button .
Intraday Trade plan.If you remember, NIFTY exact follow our levels in the last post: CLICK h ere to see.
This daily chart research has plotted few days before with (b) wave and let see (c) very soon.
We are going to see sellers above the value high as an excess 6.
From the 15min chart, we can find small value area for intraday support 11910 and 11963 and Resistance is far, 12107 nearby.
Breakout the range will be a change for trend.
NIFTY, Value High and expected consolidation.Corrected in value area for NIFTY.
We have seen the result of Lok-Sabha election. Therefore, the market index is not going to change its trend nor channel. In the value area, price is moving Value High and expected consolidation control price to value high .
A Trader can take benefit of this Value Area.
This market is looking to build a long-term portfolio to invest.
Intraday trade setup for NIFTYBuying and selling should be near support and resistance.
Resistance at 12000 nearby and Support 11807 nearby for small value area.
Detection of two excesses on the chart.
Note: this is a small value which is not reliable as compared to higher, therefore I can say trade with a small stop to loss. Reliability is 85% around.
BANKNIFTY, When to take action?When to take action?
Answer: buy when the price is below value low, and sell while price makes excess above the value high.
The Control price always attracts the price which your profit booking zone.
I'll take action only when making an excess.
This is view of Turning Point trade.