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.
Due to pressure in global marker there may be some pressure in Indian Market Too You may short your positions in Nifty 50 as of now.
1. Nifty OHLC are below yesterday, after lots of consolidation - Bearish 2. The candle is green - Not Bearish, But with long upper wick, closing just below the yesterday's low - Bearish signs 3. MACD has crossed over Bearish. 4. With SL at 11770 and target 11305 - It seems like good Risk Reward Ratio 5. However, It clearly has taken support at 11618 level, which...
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.
currently, #Nifty50 forming a Descending triangle. expected levels and targets mentioned on the chart. This Analysis Is Done Only For Educational Purpose, Invest Or Trade At your Own Risk & Will. Do your own Technical analysis before taking any decision.
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.
Nifty - Technical Analysis: -NIFTY gapped up but instantly started falling from 11300 -It fell till 11100 and bounced back from it to move sideways for the rest of the day - Nifty ended at 11,153.65 with a loss of 97 points or 0.86 percent. Market - Driving Factors: -Among the sectoral indices, BSE IT and Teck ended in the green, bucking the trend. On the flip...
Nifty - Technical Analysis: -NIFTY fell after European markets opened in fears of another lockdown in the UK -NIFTY was above 11500 but starting falling after FTSE opened and started falling sharply. -It crossed below 200SMA and broke it with strength. We can expect a little bounce at 11200 before continuing the downtrend. Market - Driving Factors: -Market...
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.
Nifty 50: The Index has seems to have finished wave C of Wave 4 of one higher degree at 11185.15, from there five wave rise was seen to the highs of 11493.50 which is wave i of wave 5, and currently the index is in wave ii correction and ideal termination point of this wave ii should be around 11366 levels, minimum retracement as per Elliott wave principle has...
11550 was a major resistance which Nifty failed to break. Is it ripe for short now?
Nifty has made huge engulfing candle. But, more importantly it has breached it's trend line. But, don't short it as yet, it has taken support and the last resistance 11377. It has closed well above it. This may now act as support.
Nifty 50 Technical Analysis for the end of August 2020. Top Level 11620 ( If Break, Then last level is 11750 ) Low Level 11100 ( If Break, Then last level is 10900 )
RESISTANCE: 11244, 11300 IF THERE IS BUY FORMATION TAKE BUY TRADE, IF THERE IS SELL FORMATION TO TAKE SELL TRADE. SUPPORT : 11131, 10890,10820 IF THERE IS BUY FORMATION TAKE BUY TRADE, IF THERE IS SELL FORMATION TO TAKE SELL TRADE.