Nifty-prediction
Nifty Prediction for coming daysPrice action patterns are hidden ... All you need to do is to identify them
This pattern is broken in the last trading session and i'm no ware expecting a retracement at this level
If we did get to see a retracement point it could possibily be around 17800 ish..
always remember .. Identifying pattern is different and trading the pattern is different.
Once you identify mark ur self an area on where will you be interested to enter in to a trade.
unless that level is seen do not push the button.
One can only Guide you through the path, its you who need to decide how you wanna take it, by looking at the profits ??? or by looking at how much you can risk?
Choice is yours.
Nifty Prediction For coming daysFirst thing first : This is a probability as the patterns are not yet completed ...
On a weekly timefram we can see a H&S formation in process which is also the same in daily Timeframe. nothing much to say about that as long as we dont see one more bearish bar closing below.
Coming to confluence in lower timeframes.. 1hr Timeframe.
Crucial Pattern to look for as this pattern will decide if this whole analysis is about to happen or not...
Bearish Gartley pattern targets are point B and C, Point B in this scenario turns out to be the breakaway gap or you can see breakout area (CHoCH) that had not been tested.
Remember this that Point B should act as support for the market to move up from here. If point c is broken then the Higher timeframe Pattern H&S will get activated.
Keeping in mind that nothing is madatory to happen in the market but as we aknow a retest is a possibility. which completes the whole analysis, and giving birth to another pattern in higher timeframe.
Looking this structure in Eliott wave gives us much more clear picture,(I'm no expert in EW yet believe that this is just a basic pattern,)
Now Concluding the whole analysis .. I'm Bearish. Only if 17750 is breached upside i'm going to avoid this analysis ..
Nifty Confirm Targets For Friday Nifty One Hour Time Frame Chart Analysis For Day Trading with Open Interest Analysis with Trading Guide
Nifty Demand and Supply Zones for Day Trading
Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 18030 - 18020
Second Support Zone For nifty50 – 17945 - 17955
Third Support Zone For nifty50 – 17818 - 17825
Resistance Zones For nifty Intraday Trading
First Resistance Zone For Nifty – 18130 - 18140
Second Resistance Zone For Nifty – 18181 - 18170
Third Resistance Zone For Nifty – 18230 - 18240
Nifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 1.06 ( Bullish )
Max Pain As per Option Chain Analysis – 18000
Major Resistance as Per Nifty Open Interest Analysis – 18200
Major Support as Per Nifty Open Interest Analysis – 17800
Stock Market Confirm News
Edelweiss Mutual Fund raises stake in Yes Bank shares in Jan 2023
Govt cuts windfall tax on crude oil , ATF, export of diesel
Indian Railway Finance Corporation ( IRFC ) stock of Indian Railways fell 2 per cent , It is a Finance Providing Company for Indian Rail .
Nifty Target for Oct
Given this targets and ranges on monday in our telgram channel l..
Reasons asking one to train his eye rather going behind logic initially is that once you run behind logic you will be thinking too much and overthinking leads to losses in market .. keep an eye on the structure and chart patterns and once you gain confidence over a pattern logic follows and that will be your own logic
Nifty Analysis for Coming daysThis is just a possibility
Nifty Is being pushed up seriously to the highs, One who can understand option chain can see that for the past 2 days not even a single call option is being written, makes everyone believe market is heading UP ..
Added few Screenshots for understanding
Weekly Time frame
SGX Nifty
Banknifty
Nifty Swing predictionCombining Pitchfork and harmonics gives better results .
Look at the rejection of pitchfork at the higher parallel line.. if we see a bearish move tomorrow and
17k is breached then we can clearly see stronger move down side .. and the target is given on the chart ..
thats where the D leg started for the Gartley pattern and the target for that swing can also be seen on chart which matches perfectly with an error percentage of 10
lets see how it goes.
Another Possibility
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 .
Nifty Target and Prediction - Support & Resistance -08-06-2021Check out daily Nifty Target for Intraday & Nifty Prediction for Tomorrow.These Forecast are based on some of the most used Technical Indicators; hence, they are expected to give accurate predictions.
This Index Target, Forecast or Predictions should be used only for reference & educational purposes. The Data or Information provided may or may not be accurate or reliable for Investment & hence, should be used at one’s own risk.
NIFTY Sentiment past mapping and future upto December 2021
I have made an effort to map Astrological parameters (converted into an index of Sentiment) with Nifty from 1996 to 2020! . This will give a sentiment indicator (not price) for NIFTY in the long run. The 1.5 min video is uploaded in You tube under " Nifty Astro Sentiment" under my name.
The future projection is made upto December 2021
People who are interested can have a look .