I am aware that soon the correction or reversal happens, do not buy on high zones of supply. Buy at demand zones only. I think swift reversal will be there, soon we may see 16000 levels may be after a month or two My view is it is a good opportunity to go for short or take sell positions on every rise This is for educational purpose. Trading is your risk
Hi everyone, Nifty50 index analysis & view for tommrow and this week, recently nifty50 index has given correction of 2,200 points+ and now it is testing it`s major resistance level 17,650 price may correct from here, but if sustains above 17,650 then index can go upto it`s all time high 18,600 (level identified from harmonic xabcd pattern). looks like trend is...
Pivot points based on support and resistance after analysing weekly, daily and 15 min time frame
NIFTY chart analysis the chances that market may move 1)If the trend line is broken we can expect 18372 2)or else the market may move a bit down and break the trend line as shown in the chart. this is just educational purpose only. Not financial advice. the analysis is solely the opinion of me and does not come from licensed professional.
Nifty made low from its recent high from 18604 to 16410 Nifty looks strong around 16376 august 20th 2021 day low & Resi looks around 16880 range
Hi everyone, Nifty50 index analysis on 1D chart rececntly we`ve seen fall in nifty50 index after it breaks daily support 17,600 & bounced from 16,760 (level identified from harmonic xabcd pattern level 1.618) now nifty50 index can test it`s support 16,760 and if breaks can go between (16,300-16,150) level indentified from harmonic abcd pattern level 1.618 price...
NSE:NIFTY Observations: 1) On 15min time frame, we can see resistance trendline, if it sustain above it then we can see up-move. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 16-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge...
Balrampur Chinni Mills as per daily chart analysis its a highly consolidation stock. Once the stock breaks resistance 328 level and sustains above 330 level then the target 350 is achievable. Holding the stock and Happy Trading to All.
NSE:NIFTY Observations: 1) On 1day time frame, it is still above 100DMA but below all of other short term Moving Average. Such as 10, 21 and 50 DMA. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 24-11-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
Buy above 17820 Resistance Levels - 17850 - 18000 Sell Below 17750 Support Levels 17650 - 17600
Dear All, Currently Nifty50 is forming a descending triangle on chart and looks like that NIfty50 will loose another 400 points in coming few days up to 17327 level. You can have a look on chart for more information about all Resistance and Support levels.
Note: NSE holiday on Friday (19th Nov) Market likely to gap down on 18th Nov. If Gapdown: Wait for price action to enter a trade on down side If Gapsup: A good opertunity to short at 18k levels PS: Market may make big red candle tomorrow in Both Nifty & BANKNIFTY - Sell sell sell and super sell for big institutes after prolonged Red days since 6 days.
NSE:NIFTY Observations: 1) On daily time frame, we can see that it again back and closed on the support trendline. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date 08-11-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price...
Either Bullish or Bearish Breakout on both sides will give chance to trade for safe traders
Nifty could fall more if the price manages to close 17968 in day basis. The breakout below 17968 could trigger a fall up to 17820 and then a sharp reversal can be seen. The bounce could be up to 18150 from 17820. Below the 17820 levels, the long unwinding may start. This should be the stoploss for longs. Keep in mind, the RSI is at 50, if RSI falls below 50,...
NSE:NIFTY Observations: 1) On daily time, since it was trading far away from it's short DMA, which is 10DMA so this kind of correction was necessary. Today, it finally came near to 10DMA and it managed to close above 10DMA. And all major 3 gaps are filled above 18000 level. Please refer below chart : 1day Time Frame. 2) On 15min Time frame, major...
NSE:NIFTY Trade Setup for Date 05-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap...
NSE:NIFTY Trade Setup for Date 04-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap...