17560 target level ...............................................
Good Morning! As even yesterday we had witnessed a stable closing of above 17300 in Nifty. We can say that somehow the probability of the index moving ahead to the next level of Resistance of 17630 and gradually to 17800 has increased. Thereby, with our trailed support level of 17300, we are now looking forward to witness a further uprise in the levels of the...
Today will be slightly gap down opening expected in nifty. After opening if it's starts trading below 17440 level then expected further downside upto 17320 level. 17440-17550 will act as an consolidated zone for today's session. Strong upside rally only possible above 17550 level.
Nifty future are forming a perfect head and shoulder pattern on 15 minute chart frame. If the structure breaks down, good targets can be achieved. Wait for the pattern break down for entering the trade. Support :- 17510, 17480, 17400 Resistance:- 17590, 17700
CMP: 1276 - Box breakout near All Time High - Trading in a narrow range (1250 - 1300) - Must be included in the watchlist
CMP: 256 - Breakout above 3 years range - Breakout with volume
NSE:NIFTY Observations: 1) 15 min time frame it form kind of head and shoulder pattern. But it is not activated. It will be only activated on sustainable breakdown of 17420 level. Please refer below chart : 15min Time Frame. ------------------------------------- Most of all the levels and trade setup will remain same as per previous. Trade Setup...
CMP: 388 - Price is near falling trendline breakout level - Cup & Handle pattern breakout above 400
Hello Traders, Nifty-01/04/2022-Levels ------------------------------ If Market Opens as a- GAP-UP: Support of R@1 (BUY) – Rejection of IMP (SELL) FLAT: Support of IMP (BUY) – Rejection of PDL (SELL) GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL) ------------------------------------- Happy Learning and Trading Rules to fallow... 1) Trade...
Understanding trends through support and resistances.
In previous post we analysed that nifty has minimum target near 17600 for wave "e" of wave d... today made high near 17560 now previous resistance of 17442--17326 is acting as support... and upside resistance zone 17550--17650.. nifty till date continue HH- HL swings in upward channel
NSE:BANKNIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle...
NSE:NIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Nifty is trading above 50/100/200EMAs. Today it closed below yesterdays level despite some fervant buy support from both FII 3088cr and DII 1145cr total 4234 cr net buying. CPR tomorrow is narrow so a trending day is expected. Crude has dropped again to 108USD levels and VIX is marginally above 20. So we could still see some choppiness and consolidation, profit...
Head and shoulder break down in nifty and can crack more if it breaks its 50Ema on 15 minute time frame. After 3 day, nifty has closed below its 20 EMA on smaller time frame. Nifty has stretched a lot and can cool down tomorrow. Support :- 17450, 17406, 17320 Resistance:- 17500, 17590 Wait for the price action near the levels.
NIFTY Intraday Trade Setup For 1 Apr 2022 Buy-Above 17560 Sl-17520 T-17600 17650 Sell-Below 17430 Sl-17470 T-17340 17270 NIFTY has closed almost flat today. Closing in near day low. last day we planned to buy above 17530 if a 15 Min candle closes above that. As our buy triggered we got a reversal shooting star candle, so we had to exit below the shooting star...
All values are for Nifty April future Nifty current position is LONG entered on 22 March 22 at 17314 . Action for April 1 continue long and reverse to short if NIFTY future closes below (LTP @ 3.30 PM) 17505.86 Nifty weekly levels and sentiment available for next week .