Long KNR constructions
CMP 265
Triangle breakout with good volume.
It can be fake breakout
So,
Buy Above 277
Stoploss 226
Swing Trade
Target 1 299
Target 2 310
Long Term
Target 1 317
Target 2 339
Hello traders,
I see the Nifty has been in a consolidation. After a downfall it is consolidating and ended with a positive weekend (Friday)
To start the Nifty might be in a sideways then it may go upward to test the 1st level 19600, 19650, 19700 and so on.
There will be retesting after every 50 to 70 points breakout.
Always stay cautious in the second half...
I see the Nifty has broken the 61.8% of Fibonaaci level and getting more weak relatively.
The sad part is the candle formed today 28th Sep is a bearish engulfing.
There is a chance that it can bounce to test the 50% Fibonacci level tomorrow ( 29th Sep 2023) as a short covering move. It also have a chance to fall decisively and test 19450 - 19400 levels. We...
Nifty 50 15 minute chart complete analysis impulse wave see chart
current time price move upside wave 3 and start correction wave 4 time vise and again breakout wave 5
As Per data And Chart Market Bullish
We said that yesterday market have big resistance 44500 and today market open Gap-up above this levels then market fall 44330 Market Took Support and break again 44500 and close above this .
Tomorrow we may see a good bullish move in the market
in Downside To Many Support Zone If Market Again Act like Bearish Then Don't Trade...
Nifty50 Weekly Tradesetup for 28th Aug to 1st Sept 2023
Looking for profitable Options trading opportunities for the week of 28th Aug-1st Sept 2023 In this Blog, I'll be sharing the option buying and selling levels for Nifty50 for the week 28h Aug to 1st Sept 2023,Learn how to make informed decisions and maximize your returns in the stock market. Don't miss out...
Today the markets tried to move in the upward direction but nifty constantly struggled to cross 19400 level as there is also 61.8% fibonacci level.
Nifty tried to cross the level but couldn't sustain above it. The market has closed around 61.8% fib level and if the market again go for a dip it will be a chance to short the markets.
On the hourly charts, market...
A clear bullish engulfing candle and a dragon fly doji on the daily charts shows some bullishness in the indian markets.
Nifty has given a U shape recovery today, after crossing 19530 levels market looked good for selling but it reversed after 100 points fall from the day high.
Today's market was totally unpredictable as it started consolidating after the fall...
If NIFTY breaks today's low on a daily closing basis then 19260 and 18800 levels can be considered as a Buy the DIP levels for Target of 20000.
Disclaimer: The above view is for educational purpose only. Please consult your Financial Advisor before investing.
Nifty has again faced a rejection from the higher levels. Though, nifty closed 80 points higher after a gap up and has formed a gravestone doji on the daily charts.
Markets are respecting the higher levels and couldn't convincingly create new highs. The market is missing on the buying or selling momentum and has been consolidating near the highs.
On the hourly...
Nifty has been holding the highs for long. But during the last trading session market has given a bearish engulfing candle and formed a gravestone doji on the weekly time frame.
The market has given a red candle and closed 165 points lower. Profit booking and retest was required and market has retraced to 23.6% fibonacci levels.
On the hourly charts, the market...
Nifty50 Weekly Key Trading levels 26th-30th June 2023
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit...
Nifty50 Weekly Expiry Trading Levels 15th June 2023 ZERO to HERO
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any...
I had posted about a Head & Shoulder pattern breakout on Nifty 50 Index. I followed it up with a couple of posts showing how the pattern is working out. Today, I am happy to post that the target of this breakout is achieved.
PS: News flow only matters for Intraday players. For positional bets, patience is the key. Learn a pattern, follow it and start preaching...
