Nifty
Back in August, 04th August 2020, to be precise, we had put forth this scenario that Nifty could potentially make new highs in the next 6 months... . At that point it seemed crazy, ridiculous, impossible, but come November, we are in the 4th month and here we are, Nifty at a new high...
This is what we had said back then...
by trading above 10551 for a...
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...
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...
Trend-base fib retracement major and minor EWT R 10844 for wave 5th.
=> 4W should not overlapped 1W: intentionally ignored from past research. More detail:...
The stock has been on a steady decline. I am expecting it to decline towards 500 and find support. This presents a good shorting opportunity with the marked support as the target price. With a StopLoss at 565.
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...
Minor trend-line R 9491 - 9509
The over-consumption has been upper bound of value area, therefore chance to over-consumption at lower bound.
There is no overparticular resistance 9500+.
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339p GAP
This is " Common Gap " price is not going to break support...
Our minimum expectation of 700 points and maximum 1100 points tomorrow over the nifty tomorrow. A simple trading strategy will result in your 7x to 20x profit on this move.
Last hour of today trading secession will be our action time.
Today, I exact nifty taken support after our entry in Option trade, 11700 strike Call option bought @ 18.6 and exited @28.4. Nifty target was achieved. You can see here my last Nifty update.
There'is nothing much over the NIFTY chart. The value price is near the breakdown compared to break up, which can be identify by shorter time frame chart. I will update...
As 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...
