Nifty has made a gap up opening and green candle closing, so it might be Bullish tomorrow. But, I am maintaining my bearish stand. It has resistance just above it at 11550. So, only take trade for short few hours with limited capital and strict stop loss...
Nifty is closing with a Dorji. That after a huge bearish engulfing candle. So, the sentiment is clearly bullish. But, since it has taken support, wait for it to break it before going short. It is today moved in it's narrow range of 11350 and 11550 of support and resistance. So, small trade in volume and duration within this support and resistance or whatever it breaks...
Note: This is for educational purpose only. Nifty Levels shown as per hourly chart.
Nifty has made huge engulfing candle. But, more importantly it has breached it's trend line. But, don't short it as yet, it has taken support and the last resistance 11377. It has closed well above it. This may now act as support.
Nifty - Technical Analysis: -Nifty gaps up above 11700 but sellers take control as markets fall drastically ending down 2.65% -Volatility index, India VIX, shot up over 26 per cent to nearly 30 levels. Market - Driving Factors: -Analysts are of the view that the reports of the Indo-China border tensions might have spooked investors, pushing them to take some...
Nifty is holding to it's trend line support. As long as it's holding it, I am bullish on it. MACD is also closing in for a long. So, the target remains 12240 and Stop Loss has been moved to 11390.
Nifty has as yet maintained it's support level, so I am still bullish on it. It has closed way above it's support of 11400, even it's low was above 11400, well above it's stop loss of 11353. So, I am still Bullish on it, till it breaks it's support trend line. Target remains 12240, Stop Loss 11350
Nifty is in a very narrow spot with long term trend line as support and short term 3 week old trend line as it's support, which today it touched and retraced. So, it now has to break either of the two for the momentum. Wait for it.
Nifty Shows Bullish Trend Today, We are Expecting Big Movement.. Guys Requesting to be cautious with this trend.. This can be trap for all retail investor, We are not saying that Nifty can set this kind of trap for all of us, We are saying that Nifty can show one more down trend with following levels 11320 - 11280 - 11260 -11200 within 2-3 Days.. Don't Take Any...
We have heavy call addition at 11350 and small put addition at 11300 which sum up to heavy call at 11350 which will act as resistance for tomorrow and 11300 will be make or break level. Important level for tomorrow will be 11355 11300 11237 11100 Personally my view will be little bearish for tomorrow and will : Intraday : sell nifty future near 11350 level...
NIFTY BROKE THE SUPPORT LEVEL OF 11050 AND NOW HEADING TOWARDS THE DEMAND ZONE (10800-10850) ALSO THERE IS TREND-LINE SUPPORT ON DAILY CHART NEAR THAT LEVELS WE MAY SEE A BOUNCE BACK FROM THESE LEVELS OF 10800-10850 IN CASE IF HEAVY SELLING COMES AND BREAKS THE DEMAND ZONE AND TREND-LINE SUPPORT WE MAY SEE THE LEVELS OF 10400-10485 AS THERE IS A GAP PENDING AS...
Hi traders, 1. Let's compare my previous statements on 25th June 2020, with today's real move. I mentioned in point no. 1 of trade plan is quoting for your consideration "If price takes out red support line with white trend line in 30 min time frame then short can be initiated with the target of green-blue lower end of this zone. Tomorrow can be...
ON COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN NIFTY TODAY. 1. In trade plan I clearly mentioned that is quoting for you. " market is near to change its trend so be careful for long sides trades." . This was the first line of trading plan . you can see how nifty fell from top today. What is going to happen in any index or stock I try to share one day...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN NIFTY TODAY. 1. In point no.4 of trade plan I mentioned that is quoting for your consideration " if price takes pink dotted line upside in 15 min time frame then upper end of zone will be the target. . You can see the taken out condition in 15 min was completed and price moved towards target. I have seen in...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN NIFTY. 1. In point no. 2 What I said is quoiting for you " a red dotted line is breached today have been waiting for last many days. but now it has to complete new conditions. first it should take out red support line where I put red arrow for down side if do not fulfill til i am bullish." You can see...
COMPARING MY PREVIOUS STATEMENT WITH TODAY REAL MOVE. 1. In title of post I mentioned "nifty in final leg of impulse wave. soon correcti on." It does not mean final leg was today. What I mean to say very soon in coming one or two days it can complete that leg. Til now no traces of completing it. So some of the traders taking impression of change in trend...
COMPARING MY STATEMENTS OF THURSDAY WITH REAL PRICE MOVE NEXT DAY. 1. In my previous post point no.2 quoting for your consideration " why i did not advice to go positional short just because of this move manifested yesterday. In bnf I gave advised to go short but here did not." See for last two post on nifty I have been saying continuously til the red dotted...
The index has been on rise for the past few days and the bulls are charging with full force. It has given a strong closing today near the much awaited 10,000 mark even with all the negative news hovering around us. In the daily chart,there are gaps which have not yet been filled, and a possibility of movement towards 10100-10150 is possible once 10030/40 is...