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...
BUY: When 17800 is broken as it is a stiff resistance (0.618 fibonacci ratio reversal) and nifty has reversed 2-3 times in the last expiry. SELL: When Nifty breaks 400 ema on 15 min chart , it will be breaking 0.618 fibonacci ratio, previous swing low,and it will be breaking 200 ema on 30 min time frame and 100 ema on 1hr time frame, thus making it as the...
NSE:NIFTY Trade Setup for Date 30-09-2021: 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...
Nifty50 analysis for tomorrow 29th set 2021. Both Sensex and Nifty ended in the red terrain. Domestic sentiment was impacted by negative cues from other Asian markets. Sensex is down 829 points and the Nifty tumbled 217 points. Among the sectors, the realty index is down over 3 percent while the IT index shed more than 2 percent.
NSE:NIFTY Trade Setup for Date 28-09-2021: 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 27-09-2021: 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 17-09-2021: 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. Please refer...
An uptrend, which is a series of higher swing highs and higher lows, reverses into a downtrend by changing to a series of lower highs and lower lows. A downtrend, which is a series of lower highs and lower lows, reverses into an uptrend by changing to a series of higher highs and higher lows. In the current case, the Nifty is making LH LL and hence, it is...
NSE:NIFTY Today was sideways. So levels will remains the same as per our earlier levels. Trade Setup for Date 15-09-2021: 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...
Yes its DLF...could see a bounce from 140 onwards
NSE:NIFTY Levels will be same as given earlier. Go Long only above 15880 Target -1 15940 Target- 2 16000 Go Short only below 15739.40 Target-1 15684.10 Target-2 15628.40 Scenario: 1) If Open with gap up above 15880 then go long but wait for initial 15-20 minutes. Book profit with 50-55 points only. Then wait for a clear sign for for uptrend. 2) If...