NIFTY Seller Pressure around 10810-10825 Support around 10550 then 10275. if $NIFTY stays above 10550 and close above 10750 we may see the level of 11000 in the near term. Updated on 16 July 2020 2.30 am Disclaimer: Only for learning purpose
Nifty likely to resume its uptrends towards 11000 levels and might go till 11200
Hi Traders, 1. On 14th of JULY 2020, I mentioned in point no.1 of trading plan section is quoting as proof of my statement consider the conviction of this point ."One yellow line is made if this is taken out in 15 mins then the price will move to the white-green zone. Otherwise down move will continue to blue dotted line downside." Here you can see...
My pervious Nifty's post title was: " Avoid Short Trade in Nifty" As I have mentioned in that post Nifty made low near 10750, took support from it's demand zone and closed at day's high near its supply zone. My Next Week view: --- According to the demand and supply zones, Nifty closed near it's supply zone @ 10925-10985. So whenever it will sustain above this...
ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) NIFTY HAVE CULMINATED WITH ITS 4TH CORRECTIVE CYCLIC WAVE...AND COMMENCED WITH 5 TH WAVE CORRECTIVE CYCLIC WAVE...OVERALL TODAY NIFTY REMAINED BULLISH AND IN THE FAG END CROSSED 2OO DMA...IMPORTANT MILESTONE TO DETERMINE OVERALL MARKET SENTIMENT....NIFTY IN THE NEXT TRADING SESSION LIKELY TO OPEN WITH A GAP DOWN...
Note: This is for educational purpose only. In 30 min chart Nifty seems to be moving in channel. Resistance is around 10830 to 10850 whereas strong support is around 10600 levels. Moreover, there seems to be a bearish engulfing at resistance in 30 min chart.
I will avoid positional short trade in Nifty because Nifty is strongly respecting demand zone @ 10480-10600 and not ready to give daily below 10600. According to the data 10500 and 10600 is a very strong support. Next supply zone @ 10925-11070 and this will be my next target in coming days. Thank x :) Trade Well
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On 16th july the market moved sideways most of the time but it crossed an important level with a big green candle at last hour on thursday. I think the market is still indecisive. Trade with the given support and resistance levels drawn.
Nifty is on demand zone (10603-10565). Kind of Pro gap-up , 2 times very power full reactions we seen from demand zone. Buy side Next session with gap up and movement on one direction.Is history repeats than we can see good upside movement tomorrow and RSI should be 50 plus. Buy above 10610-10615. Sell side If not sustain on demand zone than we can see...
Nifty can fall till 10290 to 10270 however in the open there can be a pull back rally till 10660
We are witnessing a significant correction in the market today. After a significant downfall in yesterday's market since early June, the market finally corrected itself yesterday. However, in today's market nifty has again climbed above the level of 10700. But still it looks like the bulls are having a kind of advantage in the market because the market is kind of...
Hi Traders, 1. On 10th July 2020, I mentioned in my blog of nifty in point no. 1, of a trading plan, is quoting as proof of what you saw in two days has already manifested two days back in form of support, resistance, zone, and conditions for trades. " the price was expected to come down to the red-green zone the red line is replaced with a blue...
$Nifty ! : Analyst Fails, Market Wins! Technical analyst says maket will fall and its quite possible also. But MARKET PLAYS ITS OWN. IF YOU WANT TO WIN ? STAY WITH THE MARKET. We may see level of 11000 soon if Fall Support will be around 10750 - 10550 - 10300. Updated on 13 July 1.00pm Disclaimer: Only for Learning Purpose
Nifty has made a range,upon either side breakout or breakdown,we will take position accordingly.
-SGX NIFTY IS INDICATING A 60 POINT GAP-UP -WE WILL OPEN NEAR OR ABOVE THE TRADING RANGE OF NIFTY OF 10690-10830 -POSITIVE NEWS INFLOWS FOR MAJOR STOCKS WE MIGHT SEE TEST OF 200-SMA PLACED AT 10880 -CRUCIAL SUPPORT IS PLACED AT 10690 -CRUCIAL RESISTANCE IS PLACED AT 10850 -"PLEASE NOTE" NIFTY IS TRADING INSIDE THE BAR OF 8TH JUL FOR TWO CONSECUTIVE DAY -TODAY...