if the nifty value go upwards , the value might reach 17611 if the nifty value go downward , the value might reach 17295
NSE:NIFTY Observations: 1) On daily time frame, we can see that it has broken the support trendline which was given in previous trade setup. Now it is near to it's 50DMA which is placed at 17565.31 level. There will be chance that if it test this level and gets support then we can see a good bounce back. And this bounce back will be to test the support...
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 Trade Setup for Date 27-10-2021: 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 12-10-2021: 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...
nifty tomorrow can either take support and move again towards 18000 and if it breaks 17930-17900 then we can see breakdown of channel or wedge pattern
NSE:NIFTY Trade Setup for Date 11-10-2021: 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...