Greetings of the Day!
Indeed with a positive opening yesterday, Nifty did take a good attempt in the early hours. However, not being able to continue so, the Market showed a selling pressure from the early hours itself. Thereby, proving the effectiveness of the shooting star pattern, just as it was stated yesterday. As Nifty showed a decline of approx 98 points...
Nifty has formed a engulfing pattern on daily time frame and a W pattern on 15 M time frame, hence can get bullish tomorrow as well. if it forms an inside day tomorrow, then it will get bullish on Monday.
Respect the levels and zones when you trade.
Indices have shown bullishness yesterday and global cues are also very positive. Cryptos have gone into the sink:)
For today Iam Bullish, Let first 15 mins candle close to see the mood of market.
In Nifty buy above 16250 tgt of 16400
sell below 16140 , tgt of 16100 and then 16000
Banknifty buy above 35250 tgt of 35400 and 35500
sell below 34950 tgt of...
NIFTY Intraday Trade Setup For 13 Apr 2022
T-17680 17740 17800
NIFTY has closed 0.8% in red. It was a broader range bound session with huge volatility. Index broke our sell level 17600 and fell till our target PRZ area 17450 and revered totally from there. Our sell target was achieved. Also index...
NIFTY chart analysis
My previous analysis were reached as per my analysis please see that also.
the chances that market may move
1)It may come down between 16877 to 16650.
2) It may even break the support(16650) and come down to
target-1 : 16900
target-2 : 16500
this is just educational purpose only. Not financial advice. the analysis is solely the opinion...
NIFTY Intraday Trade Setup For 12 Jan 2022
NIFTY as discussed yesterday that if index opens flat and takes support from 17980 then we will buy for 18070, target was achieved.
Coming to tomorrow's trade we will once again buy above today's high. Safe trade would be after 10 o' clock....
Nifty Trade Plan for 23 DEC 2021 Expiry Trading
Expecting a gap up opening in Nifty around 17100 levels
If the first 5 min candle open is again taken on the upside then we can expect 17200 resistance to be tested.
After such a gap up opening, any resistance confirmation around 17100 (Virgin CPR zone) we can possible looking for profit booking and we can...
Nifty opened with a gap-up near our Buying level 17800 and we saw sharp selling at open due to Reliance Aramco news and Nifty broke its important support zone 17600.
Trades we took Today:
> Bought Nifty 17700 PE at 135 which made a high above 300 and Traders booked great profit in this Trade
> Bought Nifty 17600 CE at 165 which we booked with 15 points loss
This is Gap Down Scenario-4 for NIFTY . Level and Target are mentioned on Chart.
Take First Entry in range of 15805-15815 Zone and Target will be 15740 - 15745. Keep Stop loss 15840. Be quick in booking profit.
For the 2nd Entry, the range will be 15730-15735 and Target will be 15680-15685. Keep Stop loss 15750. Be quick in booking profit.
Nifty trading at real crucial levels as it is trading in ASCENDING triangle pattern which also shows strong bullishness as 15900 being the RESISTANCE
Break of this very level can give rise to 16000 level anytime sooner or even in one go!
Must keep watch on following given levels
As predicted yesterday, nifty 50 was positive for 200 points and banknifty for 1000 points. today data analysis says the market would further move up for at least 100 to 130 points.
it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows...
During the last few days I have been hearing a lot of noise from various sources that after the budget the market will crash badly and nifty 50 will break the 14000 levels and correct itself until 12000 levels. However, I have a totally opposite view and a perception towards the market post budget. I think that the rally which came from the 7000 levels, its top...
Good Morning friends,
Nifty is damn bullish and given an awesome run in upside move since 2 weeks. Momentum and direction both are strong in upside and Index can make a new all-time high in midterm but the Problem is we are the Intraday trader and buy or sell both are our position because of the nature of the Trade so let's talk about today trade. The main...