been a very volatile week and defining a clear trend in the market is very difficult but for the next week (starting 12th July 21) we have a symmetrical triangle to plan our week ahead!
If Nifty 50 sustains below 15670 there is a chance that these given levels will be tested in the upcoming days. As today's expiry day, if Nifty manages to test these levels, that will be a golden jackpot. VIX is very low, options premiums are too low, after 1:30 PM , we can try 15650 PE/15700 PE if it breaks 15670 levels. With Stoploss at 15700, it's worth a try...
nifty 50 made a descending triangle pattern in 15 min time frame it is likely to move on up side in direction of a trend if it goes downwards then a small profit booking is possible so keep the level in mind for 7th June.
15 min chart facing resistance at trend line it can go up if it cross it with volume and it can go down and take support at 15600 and then reverse and make a new high
Nifty 50 intraday strategy as it makes penant on 15min time frame. If it breaks any side it cam go up to my targets
nifty futures soon trg of 13200-400 is gonna come SL of 15100 enough can sell around 14780-880 range... for the long trg....
NIFTY50 STARTED UP MOVE AS PER MENTION LEVEL ON CHART
NSE:NIFTY #GOOD_TO_KNOW #NIFTY50 #MOMENTUM WEEKLY LEVEL UP 14383-14767-14865-15050 DOWN 14170-14095-13924-13607 HOPE FOR THE BEST STAY CONNECTED HOPE FOR THE BEST
My stance is still Neutral. A week to be cautious Major Resistance:14800 Major Support: 14500 Trade with Stoploss! Only for Information & Educational Purpose!!
Nifty fifty weekly levels valid till 16-April only. Next week I will revise the same again
EXHAUSTION GAP IN NIFTY. NIFTY 14/04/21 gap will opens higher and closes lower, leaving a large red-colored candle, depicting a tremendous amount of selling. Notice how the price action shown in this chart is trending higher prior to the exhaustion gap, and the gap and following price drop appear to break the most recent trend. Whatever was driving these buyers...
Nifty has make a falling wedge pattern similar to BNF and there’s a breakout happened with good increase in green volume. Usually While trading wedge pattern the target is set as the same price distance before start of the wedge formation. Shown as A on chart. As the breakout of wedge pattern has happened we believe that upcoming movement will be to the same price...
Hi friends, Nifty as per my previous analysis and follow up updates() failed to cross the #keyresistance and hence ended with #fakeout(failed breakout). So as I expected further down swing or one more down swing...which did unfold decisively today. what next..? VIEW: Expect to bottom out in the zone as shown in the chart. Structure/Pattern: impulse + double...
Entry: 14,539.80 Stop loss: 14,371.15 1st Take profit: 14,985.05 2nd Take profit: 15,291.60
Nifty Important Support & Resistance Levels - 8-Apr-2021
Hi Traders, As the title is suggesting a clear view of this post, You can see the whole detail in the video link given in the comment box below. Yogesh vats