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NSE:NIFTY Most of the trade setup will be same as per previous one. Trade Setup for 24-08-2022 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...
Price Action Strategy for Nifty50 Future & Option Nifty First Resistance Zone - 17640 - 17627 Nifty Second Resistance Zone - 17726 - 17712 Nifty First Support Zone - 17545 - 17560 Nifty Second Support Zone - 17429 - 17445
Nifty has tested its 20 DMA and gained momentum after testing the level. Market has on the daily close basis has gained 90 point after a gap down of 130 points. There is a V-shape recovery on hourly time frame and a Head & Shoulder pattern breakout is there on 15 minute time frame analysis. The market has closed between 20 and 200 ema on 15 minute and gained 50...
Plot the the levels in your chart. Draw fib level from support and resistance . Please refer chart for fib level. Fib level range should be 9.15 am to 03:25 PM. If price crosses fib trendline(Dash line) will consider as upside break out. If price reject from there will consider to fall below upto prv trend line as per chart.
NIFTY 50 if it manages to 17468 range then by 1.00pm can anticipate a good movement. If it Breaks 17410 then support at 17359 as of for this candle Happy Profitable Trading to all...
NIFTY Reverse from supply zone Can re-test near 16800-16800 zone (Major support)
The global market is indicates a negative start. Currently the sub-wave 5th is progression. the 5th subwave may complete around 78% fib level. Expect three pulls after the 5th is over. On the other hand, if the market breaks the 78% fib level, the correction will be extended.
Today's will be gap down opening in Nifty . After opening if nifty sustain below 17450 level then possible downside rally 100-200 points. in case nifty trade above 17550 level it can go upto 17720 level.
Good Morning! Just as we had stated yesterday, similarly we did observe a significant supply in the Market, yesterday itself. However, we are extremely delighted that we could timely pre-update our viewers & listeners about booking profits in the already accumulated stocks. As per the current scenario, we can observe the formation of an evening star doji...
NIFTY 50 as per 15 minute chart as per my observation 23.08.2022 it should start with a Gap Down opening due to much cluster above 17316 Support at 17214 / 17116 / 17031 / 16945 Finally both FII Net Selling was at 453.77 Crores and DII Net Selling was at 85.06 Crores Until Last Friday DII was turned out be a Net Seller and FII was still a Net Buyer but...
Nifty will move on this lavel till aug expiry in September may be market near high
NIFTY 50 today had a Gap Down and posted for 22.08.2022 for price action based support and resistance and how much today each of the support it had taken and closed. You can view my earlier post for comparision Will post fresh chart for tomorrow shortly.. Happy Profitable Trading for all
The Nifty 50 is not hold the support line make, Strong bearish candle in daliy chart #waiting
Some movements have a larger implications than what is apparent. Yes this correction was over due and overbought markets tend to go higher are contradictory statements. But nifty just entered below the long term trend line which has been running since nifty hit all time high and later failed to reach that on multiple occasions. So are we going to hit a new low on...
NSE:NIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
NSE:NIFTY Trade Setup for 23-08-2022 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 up or...
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