NIFTY-NSE
I am just thinking for trader buy nifty(Risky but Risk and Reward should be good). I am just thinking for trader buy nifty 11444-56 in future and stoploss 11442. ... for targets 11538-11567.
You can comment if any question.
BANKNIFTY: Sellers will continue to enter the market either new.Breakdown study was applied on the BANKNIFTY which has appeared breakout.
buyers can try this level, 30008. In fact two strong has it, another is at 29730.
Sellers will continue to enter the market either new short or as long forced to liquidate until some point when buyers coming in.
We are going to see high volatility in coming this week as I told you earlier in post.
I will update BANKNIFTY accurately in this post tomorrow morning.
No Double top --- It's Profit BookingNifty has finally touched it life time high and some profit booking has come. Thus, leading to the support zone of 11570-11580. And rebound back to 11600 levels. On Upside it is 11830 and if supports break then it again falls back to 11400 levels.
So, consider this trend as consolidation trend coz on weekly chart it bull trend. With the levels of 11900 in coming weeks..
So trade wisely.
Its time to take advantage of knowledge over the NIFTY, studied.The right side of NIFTY chart, we have found that price rotation and higher trading activities plotted it by using a rectangle. Price value gravitating by control value. Suppose, it's true then, nice can move upto 11780 again. above 11626 we can think the bullish for the short term.
Price ration between buyers and seller are in the range of 11598-11678 appeared. (avoid the 3% penetration, any side price can see fire move)
In fact, there are the number of 5 excess, but I have shown 4 five excesses. Each excess has given single direction move and we are at 4th excess.
Clear projection for NIFTY and Nifty future, will not fall...!Yesterday, Exactly Nifty future followed my level. I had written that selling will come to 11758 and NF made high of 11754.
Today,
intraday R 11638-11646 and below 11771, the targets are 11528-11517
normal support 11574 will help to nifty move up for a while.
today will important for the next trend of the market.
Kindly wait for NIFTY future exact level after opened market. Nifty can open flat and will start to move up until resistance expected.
Nifty: two Doji candlestick pattern.Nifty suggests weakness only below 11,650 levels.
at 11,684 levels, it can touch life high 11,760 mark & higher levels.
We have found that selling volume over the NIFTY and BANKNIFTYFund-Managers started selling ...
We found that it... Let see...
there has been a lot of profit booking by Fund-Managers on NIFTYAs we saw yesterday, there has been a lot of profit booking by Fund-Managers. Although daily candle appears technically DOGI, this is single of change trend.
Nifty price is still above 50MA and 200MA as plotted in a chart also, which indicating positive bias in the short term.
Cash Nifty:
selling expected is 11729 to 11748 and below 11580 below is confirmation of changing trend.
ATR is till normal which means not started downtrend.
Nifty can open gap up 45-60 points up.Last Analysis, ATR is still in its own range. Stoploss was triggered at 11585 and lost 35-45 points lost.
Nifty can open gap up 45-60 points up.
Profit booking expected 11667-11689 by Fund-Managers
Short seller and short term down-trend direct will predict after 108 -ve points on the nifty only.
Gap up opening and selling pressure can be expected in 30mints of opening.
Trialing stoploss for short seller 11698 and 11734
targets can be 11510-11479
Knowing how to find the volume, you will be in PROFIT here
price is MA 200 above
volume with rising
Resistance is not far from the current price
Everything seems to be evaluating and its seen here that is clearly a break-up. There is no worry after cross above 358.
For considering another scenario, Price interval is possible.
Safe buyers can put alert to buy 338-345 and, short term investors can enter 348 nearby for the target as mentioned in the chart.
If you know how to find volume and how to evaluate it, almost nothing be hidden from you- not even FII/DII, niother bullish or bearish market, not the likely direction of future price.
Dont need to Jump, interval range is 148.3 to 150.2 REC LTDAccording to volume, buyers are already entered and this stock is for long term bullish trend.
Long term uptrend.
heavy buyers
interval time for swimming traders
the first target is 157.4-160 and 167-158
trial stoploss 147 below.
.
After the long up run, Nifty has seen sellers today.14 Days ATR is 108 points.
After the 100 points +ve, we are seeing minor selling over the Nifty.
If it lost all the gained points,... we ll think for downside only.
NIFTY: You WANT to read this alert.Intraday possible to move today 11408-11424 if support taken by 11329.
support 11329
11408 is possible
Most of traders are thinking till for long with stop loss o 11300 and for targets 11422
breaking below 11300, i expected to start selling heavy.
Potential possibilities from here onNIFTY - this is a good zone to look for some potential rotation or consolidation. will be prepared for the following scenarios. At this point we are hitting a red zone which has seen a bit of hold way back.. need to watch if that is respected.
On the downside.. the green zone which acted as a multi month consolidation should serve as a strong buffer for any pullbacks
Buyers should not overlooked this resistance of BANKNIFTYA retracement and trendline has been show in the chart. Trendline appeared in the chart is a strong resistance that can be not overlooked.
Another plotted thing is for future prediction for BANKNIFTY.
Nifty - Magical Charm (Totka) @11320Totka used in Idea is called Reverse Fibonacci
Using the previous leg & measuring its 138.2% gave us the top 11117 - can we get the top again at 11320- no confirmation yet so only risky traders to take sell in 11300-11320
Note - Going above 11320 ( Sell call is negated - close all sell positions & out)
Trading Strategy
Plan A - Sell below 11265 on closing basis as discussed
Plan B - Risky Sell close to 11300-11320 zone with stops above 11325
Downside Target
11000-11025
Below 11000 - 10940
Below 10890 for 10750
Below 10730 for 10620
Only further selling if double bottom@10585 gets broken
Falling wedge = Money $$$$$$$Lupin is in a falling wedge from 2015, this could be very bullish once it breaks out of the wedge. Investors, keep an eye.
NIFTY another swing failureThe last time we discussed NIFTY charts, we arrived at two things. 1. the upper channel low acting as a resistance and 2. the lower ascending trend line holding up. we saw a bounce exactly off those levels.
This bounce again paused at the point where we have multiple highs, and yesterday's swing high and an engulfing candle is a confirmation of a potential failure at that zone ( until proven otherwise)
So am looking for a retest of the lower trendline lows back again again in coming sessions.
only a break of that trend line can set the panic bells ringing.
note: refer to the last trade set up on NIFTY for more clarity. linked below
The next move by Nifty #nseI expect it to test the cloud support at Kijun span A and if it fails to hold then Senkou span B
once the support is tested and held then I expect nifty to test the targets marked with green.
REMEMBER IF YOU ARE PRACTICING SAFE TRADING THEN ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
You can DM me if you need any clarification.
DISCLAIMER:
The Legal stuff - I'm not financial adviser and all the charts posted are for paper trading .
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