SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 18-10-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade...
In this video, I explain how the 2 strategies that I had tracked have performed. I hope this is useful. Thank you, Umesh 14-10-21
#BANKNIFTY Short Term Positional View 13-17th Sep BankNifty is closing at 36,683, this is the first time in the last 18 months we have back-to-back two weekly closings above 36,000. This week was more of consolidation after breakout due to a truncated week with low volume. Last two weeks closing:- As per the data points, 36,000 areas will continue to be a...
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 /...
#banknifty view for 20th Aug'21:- Additional Views We are in ABC correction:-Wave C is mostly sharper and faster in Flat Correction. Wave “C” generally extends 123-138% of wave A but sometimes it is so drastic that it can extend 200%-261% of “A”. The potential reversal levels are marked on the chart, in case of the gap is down don't try to short, wait for...
Hello Everyone, Nifty is trading in a range & observe nifty to break either side on the green lines marked for further taking any trade decision. Upper end 16401 & lower end at 15990. if Nifty breaks either sides we can expect a sharp move which can fetch us 90-100 points during intraday itself. Bank Nifty Analysis also updated for the day and moving in a...
Nifty charts clearly showing distribution after long run apx.1700 points. i think ard 2-3 September 2021 if nifty breakdown 15500 level nifty will easily touch 14500 - 14300. In 2nd hand if nifty takes support around 15500 and gives closing above support level, nifty will again test high level and continue distribution chennel for few days.
TRADING WATCHLIST FOR W/B 26-07-21 INTENT This is a new series of periodical posts where I would share the scrips that I come across and find good to keep on my radar for the next trading session/s. The post may not be a daily feature as it depends on whether I am able to find some opportunities. I will only be sharing the time frame and the script name. I will...
Nifty (NSE Cash) LTP: 15753.35 Support: 15629.65 Resistance: 15838.45 Looks like a rounded bottom pattern in daily charts. Risk reward ratio is not favorable. No Trade
Do you know that once the breakout is confirm, you can predict the next level of resistance approximately equal to channel height on and above breakout. In current case of SBIN if this breakout is confirm the trend may go higher approximately equal to height of previous price ranging channel(before breakout). Keep Watch
Nifty witnessed its daily momentum going back to buy mode. The hourly chart above shows an attempt to break out on the upside of this triangle that would be successful once we close above 14770. an impulsive move upwards has been presumed from the low of wave E and apart from any small dip should continue to drive us higher. The only thing still missing are...
NIFTY HAS TESTED 14000 LEVEL , IF IT BREAKS BELOW TRIANGLE IT WILL GIVE LEVELS OF 13900 AND 13600 THNK YOU. HAPPY TRADING
Perfect Tradingview Indicator which provides Automatic Buy sell Signals by calculating multiple inputs like Price,Volume, VWAP, support , Resistance . All-In-one. You can experience ZETA FORCE indicator for your trading intraday in banknifty. In addition to this automatic support ans resitance lines are drawn so NO NEED to draw it manually as we have very less...
NIFTY IS SITTING AT CRUCIAL POINT, IT CAN FALL GREATLY IF STARTING CORRECTING.
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...
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...