NIFTY50-SHORT
Nifty Weekly Trend Pattern AnalysisNifty started exhausting near 11600 zone.
Weekly and monthly chart showing signs of Bearishness.
Last time the index failed to breach 11600. For Risky Players can create a short Positon near 11475-11500
with Sl 11620.
Target can be 112020/11000/10880/10550 on a Positional basis.
The analysis will be null and void if Index close above on 11620 on Weekly basis
Nifty down fall expected it could be a third or C wave nifty may fall as expected its forming either 3 rd wave or wave c in the market
Conditional Sell - Nifty on 30min candle closing below 11482Sell Nifty on 30min candle close below 11482
Target - 11413, Sl - 11553
(no trade if Nifty trades above 11537.85 before candle close below 11482)
Nifty Wedge Breakdown!! follow 1:3 Risk Reward Ratio and 2% Rule !!
!! please note trade with caution and manage your risk !!
!! all views for educational purpose, trade at your own risk !!
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Nifty Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
AS NIFTY GETS PULL BACK THEN TCS TOO as rally in NIFTY was dependent on TCS.
and looking for the tomorrow's weekly expiry, nifty is looking to for some pull back.
as per daily chart TCS may rise upto 1950 or upto 1980
i suggest to go short sell around 1930 to 1940 for targets upto 1830.
please let me know if there is divrse opinion on the same.
rsi divergence (bearish). 12000 Strong Psychological Support,
Acording to option chain(5 dec exp), 12100 CE is shorted i.e 12100 strong resistance atleast for couple of days (if there is no news)
Conclusion :- Decent short opportunity for monday in Nifty.
Caution:- These are just my views do your own research before entering any trade.
WITH ECB Stimulus. Nifty may rise. ButMarket has been extremely volatile. And prediction can be wrong if the analysis is not there. With every Up and Down Move -- Entry and Exit Point is important.
With the Rising Retail Inflation Rate and SlowDown in Indian Economy the expectation of making market at top is worthless. Until any specific signal come across.
On technical Front. One can Short NIFTY at between the levels of
11150-11140 with the targets of 10925-10860
With an SL of it recent High at 11260-11240
#BEWISE
#Investiture
NIFTYIs something big to happen soon ?
sell on rise (nifty)
will add another short if nifty moves on 11350
Global Market Started Falling like France Europe Germany India !TREND ANALYSIS
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Global Markets Like
Europe
Germany
France
has started Falling.
Indian Market already falling since a month.
So do not Buy Stocks or Index at Global level at current Market Situation.
And do not Add Scripts to your Portfolio at current level.
SELL NIFTY ON PULLBACK FOR MEDIUM TERM NIFTY seems to have given a breakout and can be sold on pullback. Though a good pullback can be expected upto 11500 - 11600 but it can again be sold on rise for medium term for a target of 10000. A protective stop loss will be 11810 on closing basis. So wait for a pullback and sell. High risk traders might even short some (20%) around 11300. I'm in a learning phase so Feedback welcome. Thank you.
Nifty Outlook (31.7.19) - (SHORT) Target 10990Nifty is moving down a step at a time.
Expecting a correction to 11150/(11210 - though improbable not impossible) before the trend resumes.
Targets for the downside are at current support expected at 10990-80.
Nifty forthcoming weeks TargetTechnically nifty formed bear flag pattern. Should drift towards my target soon.
Maruti possible shorts after Leading Diagonal (Elliott Wave)Looks like we have completed a Leading Diagonal formation for W.(1) and W.(2) also looks complete, hence we can plan to initiate shorts here with the SL above swing high.
Strong resistance at 7640 level seems to support the view.
Picture perfect Bearish Engulfing.An ideal example of bearish engulfing, Shows further ownside of index around 11,480 levels.
JSW Steel shorting opportunity (Elliott Wave)JSW seems to have completed a complex W-X-Y W.2 formation and has broken below the channel line of the W.Y which presents a low risk shorting opportunity here with small SL above the last swing high near 345.30 and possible targets near 293 or lower level.
Expect profit booking on the index for FridayNifty at higher levels looks weak and might retrace with Friday profit booking.
nifty confirmetion of quarterly down.crossing of nifty bellow monthly average, overbought conditions, ending of long rally in up word direction without significant correction all these factors will make nifty to correct sharply till 9000 to 9100 till Oct or November is my vision.
Nifty : Which way for the Day...Good Morning ! There are 3 possible scenario's in Nifty, but if we have to go by logic retest of 9580's sounds valid but we are unsure whether Nifty will give us what's expected.
The potential chance of Double Bottom around 9480's will be spoiler if market opens gap down & breaks the level, then based on aggressive entry's aim for 9400's-9380's zone as targets. The other scenario being, we are getting good open around same range as yesterday close & Nifty moving down forming double bottom retest 9530's zone then heading down. These are the various potential scenario's awaiting to emerge in Nifty, I hope Nifty won't do anything out of syllabus for the day, act accordingly depending on any of these scenario evolving during the session. Just one last point, if Nifty opens Gap down & we get good entry at double bottom to retest previous 9580's, then it will be too good, too much of expectations that will be. These are not single day scenario's, just for day or two.
Happy Trading !
NIFTY - SHORT TERM LEVELSNSE:NIFTY
for short-term positional and day traders.
Blue-Line and Red-Line important on higher TFs too. They are connected from much behind.
Yellow is the short-term channel.
Green-Line is the intermediate support.
Watch how it plays out and look for opportunities.
Comments and views are welcomed.
Thank you.
