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Niftybullish

nifty 50 Weekly overview from 16 Jan to 21-01.2023 full bullish Weekly Analysis 16-21 Jan 2023 Trend will be Bullish (80% Chance) Reasons & Knowledge applied 1. uptrend Confirmation with Volume Support 2. Type 2 Strategy of Uptrend 3. Price is Above on Fib 50% Level Major Week Support 17900 & 17760 Major Week Resistance 18140 & 18390 above 17880 full bullish before entry just check Volume should be high from prev candle 15min Below 17760 full Bearish just check volume confirmation like above Educational Only Support For Intraday use 5,15 Min Time Frame for BTST Swing 30& 1Hr Time Frame Note For Intraday use VWap indicator above vwap buy only after retracement eg assume vwap line in on 17880 and nifty is trading something around 17920 so this mean price is all ready above vwap line mean trend is up but we can't enter directly at 17920 because you guys already knows that price travel in swings zig zag patter so we will wait the price to down near about vwap line. then we find reversal pattern near at vwap line (reversal pattern bullish pattern with volume confirmation eg bullish engulfing pattern etc) then we should trade for uptrend . its opposite is true for downtrend. Before Entry check basic of uptrend like higher high and higher low, for down trend low and lower highs. as you know in lower time frame trend may be change instantly, i will publish more ideas in future if you guys support me. Advice : if you are beginner with just around 1 year experience in market then do practice of uptrend and downtrend basics on live market without put your hard earned money. have a good day
NSE:NIFTYLong
by amitatry
Nifty - Potential upside tomorrow, current PA of higher lowsNifty has been forming higher lows and is currently in a bearish wedge pattern. But it has stayed afloat above 18200 after multiple drops below it which was the retracement level of overall trend from 18887 to 17774. So bias is long since it is holding the level of 18200 and there are multiple supports below. If Nifty opens flat potential upside towards 50% (18330) and 61.8% (18460) is a possibility. If gap up at 18330 region then waiting for PA is advisable. FII option data also indicates heavy call buying of around 87k quantity. So all factors recommends a long position. However, since Nifty is in a bearish wedge pattern there is a possibility of downside if the wedge breaks. But shorting immediately has less probability of being successful since Nifty has multiple supports. So waiting for a potential inverse N pattern or a possible retest of wedge is advisable before going short. Target could be around 18080 which is the 38.2% retracement for the upmove from 17774 to 18265. Disclaimer - This is not trade recommendation or advice. This is purely for educational purposes. Do your own research before entering into a trade.
NSE:NIFTYLong
by DashSam
NIFTY 50 - 22.07.2022 - BAHAVAN CAPITALNIFTY 50 managed to close in Green @ 0.69% though there had been initial selling. Now the concern is SGX NIFTY falling in Red @ 0.54% . - " Hope its a Restracement " Again FII turning as Net Seller with moderate 675.45 cr and DII again Net Buying back with 739.38 cr - "Hope its just a Profit Booking Friday" NASDAQ down in Red with 2.37% @ 11.47 pm Indian Time. - ( Fed Meeting scheduled at July 26th & 27th is going to be crucial ) Bank Nifty looks bullish and Nifty 50 Partially Bullish, Next week we might witness fight or flight action from Bulls & Bears.. Happy weekend to All
NSE:NIFTY
by UnknownUnicorn19608572