ghstocktrading.webnode.com NIFTY 50: WEEK-TECH-SHEET-> 26thOctober2020 to 30thOctober2020
Nifty 50 moves around -407.40 pips from 26thOctober2020 to 30thOctober2020, in which nifty 50 break last week 19thOctober2020 to 23rdOctober2020 bottom 11775.75.
ghstocktrading.webnode.com NIFTY 50: WEEK-TECH-SHEET-> 19thOctober2020 to 23rdOctober2020
Nifty 50 moves around +242.90 pips from 19thOctober2020 to 23rdOctober2020, in which nifty 50 did not break last week 12thOctober2020 to 16thOctober2020 top nor bottom.
ghstocktrading.webnode.com NIFTY 50: WEEK-TECH-SHEET-> 12thOctober2020 to 16thOctober2020
Nifty 50 moves around -364.15 pips from 12thOctober2020 to 16thOctober2020, in which nifty 50 break last week 05thOctober2020 to 09thOctober2020 top 11938.60.
ghstocktrading.webnode.com NIFTY 50: WEEK-TECH-SHEET-> 05thOctober2020 to 09thOctober2020
Nifty 50 moves around +486.30 pips from 05thOctober2020 to 09thOctober2020, in which nifty 50 break last week 28thSeptember2020 to 02ndOctober2020 top 11428.60.
ghstocktrading.webnode.com NIFTY 50: WEEK-TECH-SHEET-> 21stSeptember2020 to 25thSeptember2020
Nifty 50 moves around -745.05 pips from 21stSeptember2020 to 25thSeptember2020, in which nifty 50 break last week 14thSeptember2020 to 18thSeptember2020 bottom 11383.55.
ghstocktrading.webnode.com NIFTY 50: WEEK-TECH-SHEET-> 14thSeptember2020 to 18thSeptember2020
Nifty 50 moves around -234.55 pips from 14thSeptember2020 to 18thSeptember2020, in which nifty 50 break last week 07thSeptember2020 to 11thSeptember2020 top 11493.50.
The in depth analysis has been explained in the chart itself. My whole analysis is on the basis of pure price action and no indicators are involved/used. Similar chart analysis can be seen on reliance chart as well on friday. Looks like on Monday reliance may support nifty to move upwards!
TRADING SCENARIOS
1.STRONG SUPPLY ZONE NEAR 10750-11000
2.CLOSING ABOVE 10750 CAN HELP IN FILLING OF GAP LEFT NEAR 10989
3.CLOSING BELOW THE REDLINE SUPPORT WILL LEAD TO NIFTY TESTING ITS SUPPORTS NEAR 10194 AND BREAKING THAT CAN TRIGGER MORE PANIC.
4.GAP NEAR 9550-9890 WILL ACT AS A GOOD DEMAND ZONE IF IT IS TESTED.
Nifty although made a high of 10553, still its trading in a channel. Close above that on daily basis will trigger a bounce towards 11000 and as its respecting 10548-10553 zone a dip towards 10071 is highly possible. That will b a buying opportunit.
NSE:NIFTY
nifty levels for 16/6/2020
note 9600 is strong support and 10000 is strong resistence
the levels which i have marked on the chart can be reversal also use your price action knowledge and trade safe
nifty in the still not bullish nor bearish just note the range and trade safely
just follow the market don't be bullish or bearish ...let market go on its direction we will trade on its direction an take profit
just follow the price action
coming to the point ; the range for nifty in this week could be ;
the upper price limit :10200
the middle upper...
NSE:NIFTY
NOTE THE POINTS WHITE LINES ARE INTERMIDIATE AND SL LINES GREEN ARE BUY AND TGT LINES
RED ARE SELL SIDE AND TGT LINES
BOOK PROFIT AS SOON AS POSSIBLE DONT BE GREEDY AND LET YOUR PROFIT GO
THIS ANALYSIS IS FOR EDUCATIONAL PURPOSE ONLY
TRADE @ YOUR OWN RISK
