Hey guys Trader Kanishk this side
NIFTY is moving from a very high momentum
we can expect a gap up opening near 10824 levels
after tat it will retest his previous resistance.
watch the full analysis
hello note down the nifty levels the lines can act as support and resistence use price action to trade the levels
the market can make a consolidation in the range between 11000 -10500
Hi Traders,
1. On 1st July 2020, I mentioned in point no.1 of the trading plan is quoting for your consideration. " when triangle candle high is taken out by any candle in the next session on a closing basis then taken out the condition will qualify. the stop loss will be low of red color triangle candle on a closing basis." You can see that high...
Note: This is for educational purpose only.
There seems to be a strong resistance at 10600 for Nifty. If this is broken convincingly, there would be further up-move. There is a possibility of sideways movement too for sometime. My overall sentiment is bullish but not expecting any sudden up move.
Nifty will be facing resistance near 10660-680 zone. Stay cautious while taking longs.
Happy Trading :)
tip - keep your chart as simple as possible , complex charting does not give any results.
Why I have mentioned that "Don’t try to predict the stock market" because last week I have updated my Nifty Weekly Post on Saturday and SGX Nifty was down by approx more then 100 points. But my trading setup was saying different story. I posted "Nifty: very less probability to break or sustain below 10000" and finally Nifty closed on the week's high.
Nifty this...
As per current situation in countries we can see Nifty can hurdle in resistance area and it will not easy to break upper trend line but once it breaks it will boom and As we all know that fundamentals are not supporting charts so be cautious .
Else let market decide !!
THANKS,
Mayank Jain
Hii this is trader Kanishk
This is the analysis of NIFTY
here NIFTY have reached in the over brought territory
wait till it retrace then buy and go for a longer positional trade in NIFTY.
Watch this video complete then take decision.
wether BUY Or SELL.
this is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself...
-SGX NIFTY IS SHOWING A GAP UP OF 45 POINTS
-THIS SHOWS A POSSIBLE OPEN ABOVE YESTERDAY HIGH
-BEST PART IS NIFTY HAS BROKEN ITS 200-EMA ON DAILY CHART AND MANAGED TO CLOSE ABOVE 10550
-AND IF THE MARKET SUSTAINS ABOVE THAT WE CAN SEE BIG MOVES ON NIFTY
-A " BUY ON DIPS" RECOMMENDATION
-CRUCIAL SUPPORT AT NOW AT 10550
-MARKET IS LOOKING TO REASON TO RALY...
Finally Nifty 50 has reached the target of 1.618 level and from the current level we can expect another 100 to 150 points upside for a STOPLOSS HUNTING
Hi Traders,
1. Let us compare my previous post statements with real price moves in two days. In point no. 1 of the trade plan I mentioned is quoting for your consideration."If taken out in 15 min time frame then the price will move to the red dotted line . in case this line is taken out in 15 min then the blue upper line is the target. Green arrow...
I hope you can now see how the NIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
