This is an extension to my earlier ideas. See Link to Related Ideas BELOW.
Hi everyone, Nifty50 index analysis & view consider buy above: 17,450, targets: 17,600/17,650, sell below: 17,300, targets: 17,085. (Targets identified from harmonic xabcd/abcd pattern level 0.886/1.618) index is trading in range & will trade breakout/breakdown of range. NSE:NIFTY
No doubt that market will be highly volatile ahead of Budget Summary 1) As of now you can see that Nifty is trading in one particular (white) channel in which it had given a breakout in past and made an ATH of 18604.45 Channel width is 1,566 points. 2) In the chart there are 3 EMA's 10 is red, 20 is green, 50 is blue. 3) There is also a Red channel which has...
It's my setup for upcoming months and I'm long for nifty. I'm not a financial advisor, so please trade as per your risk. Happy Trading! Dayanand
Hi everyone, Nifty50 analysis for 18 jan 22, for tommrow nifty50 index is trading near it`s important support & if goes below 18,120 then targets are 17,900/17,700 (targets identified from harmonic xabcd pattern level 1.618/2.272) if sustain above 18,350 & index can go upto it`s all time high 18,600. NSE:NIFTY
NIFTY has been rising since last few days and now have started into a consolidation zone. The immediate channel it has formed is from 17650 - 17950. On 10 Jan, it could be seen trading within this range if opened flat. If it breaks this range, it could be seen between the range 17400 - 18100.
Currently, Nifty is trading around 17800. The last couple of days has been a bit of sideways creating a range from 17630 - 17940. The market could trade in this small channel sideways until it breaks this range. As of now, the highest OI is at 18000 on the call side and at 17500 on the put side for the next week expiry. This will act as resistance and support...
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.