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Niftyfuture

NIFTY TRADE SETUP FOR MONDAYNIFTY extended their journey over sixth consecutive week and scaled to a fresh all-time high of 13579. Going ahead, I believe 13600 would be the key level to watch, as only a decisive close above 13600 would lead to extension of ongoing rally towards 13900 mark as it is the 161.8% extension of the consolidation range (13200-12800), projected from breakout area of 13200, placed at 13847. Failure to sustain above 13600 would lead to consolidation in the 13600-13200 range amid stock specific action
NSE:NIFTY
by ASHWINIKUMAR2101
Nifty managed to taks support from 20EMA & closed above 10 EMA.Nifty saw quite a few sectors participating today, it closed with reasonable strength too. 11750 can be used as stop for longs for tomorrow (28th Oct.) Trade long using bull spread utilising 11800 and 12000 Calls. This post does not encourage speculative trading in financial markets, cosult your financial consultant before taking any investment decision, understand the position thoroughly. Use this as an example for utilising bull spread with a stop loss, for low risk trading strategies. Goodluck.
NSE:NIFTYLong
by ipuneet
Nifty May take support hereThis is the second red candle that opened above the previous close of a red candle. Nifty may take support now. This doesn't mean that you go long, NOT at all. The sentiment still remains Bearish. It may take support and spend some time here, maybe a dead cat bounce and then continue it's downward correction. If you have already short it and haven't booked profit at the target of 11050, the trend line is the next target. Thereafter, 10800 at Fibo line is the second target. I wouldn't buy any shares individually. Tomorrow is expiry, so wouldn't indulge in call options either.
NSE:NIFTY
by chambalabs
6
Nifty 10480-10680 cab be the range for near term.Nifty - 10630-680 zone looks important to cross for further upside. I feel market will consolidate within the range of 10480-10680, before making a decisive move in either direction. Looking the chart will give you an idea of how these levels are reached at. Holding 10562 is important for short term uptrend, it is PDL as well as low of hanging man pattern that nifty has made on daily charts on Friday (July 3). RSI divergence can be seen easily, on daily charts. I advise extra caution as long as it is not nullified or materialise. Below 10480, 10444, 10372, 10304 and 10260 can be seen. TRADE WITH CAUTION, preferably utilising some low risk strategy i.e. combination of futures and options. It is important to carry due diligence and consult some expert consultant before taking a position in financial markets.
NSE:NIFTY
by ipuneet
Nifty - RSI divergence seen - Look for 10095 - 9980 There is something worthy of noticing w.r.t. the rising channel Nifty is moving in and RSI divergence, this time. 1. While the Nifty has made a higher top, RSI has failed to do so. This RSI divergence is seen after a long time, as RSI is considered as a leading indicator, this can't be ignored. 2. Nifty has not touched to resistance line of this channel this time too and the gap between recent top and resistance line is visibly higher than the last time it made an high (8th June). Important levels can be seen on chart, 9840 is important to hold for a medium term prospective. Keep an eye on this rising channel, sustaining above the support line is of significant importance. It is still a bear market rally, (if and) once this support is gone, we may see a steep fall. Today is a derivative settlement day, markets tend to move in bigger ranges on such days, in my opinion it will be better to square off or hedge long position today and initiate short side trades on rallies. I always discourage trading using naked future or option positions, risk defined or low risk strategies are much better alternatives available to all traders. You can write to me over private chat on tradingview or other popular social media mediums using for such strategies. Please remember to carry due diligence and consult your financial advisor / consultant before taking any position in the markets, utilising leveraged products.
NSE:NIFTYShort
by ipuneet
1
NIFTY & BANK NIFTY BOTH ARE SYCN NOW SEE HOW ?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 advance . You have authentication of my post 160+ proving same everyday. In point no.3 I mentioned "if yellow tend line is taken out on 15 min time frame only then trend will change to short s." You can see price took exact support on that trendline at the time of closing. Why all support , resistance , zones and now perfect angle of trendline ( basically today support made it trendline , trader find two points to crate trendline but I make trendline giving second point) react lively in my charts. One of my follower wrote in yesterday nifty comment box " nifty failed to hold the red dotted line, see how it is punished by our sir very severely :-) " This shows the importance of manifestation of all moves one day in advance. 2. I circled in white that is also hanging but variation , in bnf I showed perfect here variation . See after activation what happened reasons I already mentioned in bnf post. There is one more red color circle that shows the testing of pattern . This gives the imformation of confirm down move. Once conditions get activated then nobody can stop price to visit next level that one of my followers is writing daily. Many new traders who are amateur , he /she can earn money by following these perfect conditions, are writing to inspire more to follow strictly these. 3. Always remember trading needs proper education , if you devote your time with chats . They can make you earn from market. TRADING PLAN FOR NEXT DAY. 1. As shared yesterday If price take out 15 min but now in 30 min then trend will change to down side . The red and green zone is target after fulfilling this 30 min condition. 2. If price takes out from lower zone red and green in 5 min time frame then blue line will be target. And may extend to orange moving average of 111 trading candles. 3. The most important condition of tomorrow trading. If upper green line is taken out in 1 hrs time frame then up trend will resume. 4. Like bnf next day can be range bound giving chances to trade both sides. Rest market will decide. YOGESH VATS NOTE. All trading positions should be taken by consulting your financial planner . This view is for educations purpose.
NSE:NIFTY
by yvatsji
28