After hitting my TP 2 on the previous sell nifty order it has retraced back just as expected in the related idea posted below. My Sell Bias has not changed, Will be looking for selling nifty in the red colored area / break of the TL. Will Target Previous Lows. On the Flip Side a break and close above 11030 would open short term Buy Trades. Good Luck Haribol !
Nifty Buy Above 11142 Stoploss 11095 Target 11230-11300 Reasons for trade-1.Price near to important resistance of 11127 2.Price has formed strong candlestick pattern on weekly chart 3.On daily chart price has formed HH and LH pattern 4. Risk Reward 1:1.5
NSE:NIFTY Nifty Bearish Anti bat reversal zone - 11090 11110
The trend analysis done using few major support lines on daily chart , we are looked into major support/resistance trend line of market cycle trend, long term. Sensex channel has touched high value for all three channel, on 3rd June Sensex touched high value trend line (Resistance) continuing since 2009 and also touched high value uptrend running since Oct'18 and...
Nifty 50, Will be Heading towards 12000 again, trying to break 11200. If fails to break 11200 then next support at 10600. Small but Important resistance levels also marked in study chart. This is my own study, please do your study before taking any trade. -- Sanks90
NIFTY TRADE STUDY IS BASED ON SPOT RATE PLEASE ADJUST FOR FUTURE LEVELS CONDITION:- INDEX SHOULD CLOSE ABOVE 20-DMA @11111 A CLOSE ABOVE 1140 IS NEED FOR CLOSING ABOVE SUPPLY ZONE RESULT:- IF THE ABOVE CONDITIONS ARE MET NIFTY WILL TEST LEVELS OF 11255-11332-11358 NIFTY WEEKLY VIEW WILL BE POSTED ON FRIDAY
Muted week for the street where major indices gave up some marginal gains from the last week. Nifty lost close to 90 points while the Nifty bank gave up close to 140 points. As mentioned last week the bulls did end up showing demand for the Nifty around 10899 levels and the Nifty bank from 27741 zone. However it seems the street is still watching out for some real...
One can go long on Nifty based on this price pattern with an sl at 10900 with a target of 11600. The bottoming formation is done.