Looks like a Bank nifty is into larger correction ahead into cycle degree 2, I would stay low on investments and watch out trend very carefully
NSE:HINDALCO What will happen next ??? Hint:- { Today it faced again resistance @ its all time high.. it's a buzzing stock in market too... it's Almost making double top... } Choose any one options from below A) will it be able to shoot up again ?? B) will it fall from double top ?? ...
Nifty opened with a Gap-down at 17114 and after making a low around 17090 in the first 15 mins it showed great recovery towards 17290 but that acted as resistance and Nifty again fall 140 points from day high. Trades we took today - > Bought Nifty 17300 PE at 115 which we booked with 30 points loss > Bought Nifty 17050 CE at 200, it went above to our 2nd Target...
We will witness Gap Up Opening on coming Monday. If market was able to sustain 17300 then we can see all mentioned target sooner. & By any chance if market failed to open Gap Up & opened where it closed today or downside then wait for Price action.
Nifty Level Upadate for Trading | END OF DAY CHART ANAlYSIS Nifty has No Trend - Sidewise Market Found Two Chart Pattern Decending Triangle Chart Pattern Double Bottem Chart Pattern For Daily Nifty and banknifty Levles Search In Google - Trading With Manoj Shinde 27485
Market stuck between these trendlines and forms a tight range, If market broke this range either side then we will get good opportuninty .
Flat opening expected in nifty. After opening if it's starts trading below 17150 level then possible downside upto 17020 level. Upside rally possible if it's sustain and starts trading above 17250 level.
Good Morning! On recalling the Market momentum of the yesterday’s trading session, we did observe that even after an opening on a weaker note, Nifty ultimately did manage to give us a positive closing. Due to which, we could sense the positive strength in the Market. As a further support to this strength, it has now become very necessary to witness a closing of...
According to my view on nifty , Nifty is on same level as on yesterday, performed as per our analysis. Nifty has immediate Resistance at 17280 bullish above that Nifty has immediate support at 17220 followed by 17165 Personal view sideway bullish
nifty started up wave "d" from 15671 and till now made high 16442 currently it is making higher high and higher low swings... with narrow consolidation between 17050-----17450 being 17010 is 50% fib ratio giving support and 17326 is the 61.8% fib ratio Till index making higher swings of HH -- HL.... upside targets of 16600 remain open for nifty calculation : ...
Nifty has consolidated for past five trading sessions around 17200, closing just below R3 resistance. A gap up is indicated tomorrow so R3 will act as a support. Other supporting factors are --Drop in Crude prices below 120 levels, Continued buying support of FIIs (if you exclude kotak block deal of 5000cr) and DIIs today. 350cr net buying today (despite block...
CMP: 3333 Trading in a Flag & Pole pattern near All Time High.
CMP: 234 - Bounced from 200ema - 234 to 237 is the area to watch out
Buying zone - 490-492 Target 500 If opens gap up - selling may come near 500, then look for reversal
Nifty : After Gap down opening nifty able to recover and not broker today's low. also its forming triangle pattern. If we see gap up opening and sustain market its very positive for market. Wait for market to stable and broke no trading zone. Levels are updated in chart Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please...
Understanding trends through supports and resistances,
CHART Nifty green candle with long top wick; banknifty reverse spinning red top; both indices closed in RED OC. 17200-17500; 35500-36000 PCR. Nifty Bullish; Banknifty bearish FII. -1740 DII. 2091 FnO Data short build up RSI. 55; 47 ADX. 18:19 Conviction neutral; expect range bound action Bias. Nifty neutral; banknifty bearish (not able to...