After nearly a year long rally (24 march 20 to 16 Feb 2021), Nifty is in a downtrend. It has tried to test the upper band of the channel four times since then. The bottom trend-line however has repeatedly been knocked at. The Red Candlesticks are all over since feb (i.e., Market opens high and closes with more than a 1% drop). March second half was brutal. A...
Kindly focus on this chart set-up of four charts Thanks
We are in a channel pattern from a long time so sell on top buy on low with simple trend lines do not complicate things in trading, Price Action is the Old Legend and Market Respects the Legend more than anything. On Friday wait for breakout and retest and then only initiate your trades as market may give fakeouts so its better to confirm it with a good...
Nifty : Expiry levels 12th May 2021 For educational purpose
In day time frame we have triangular trend line breakout. So there is possibilities for pullback to important support level or further rally.
Wait for the opening range. use 5 min time frame . Play price action with price rance support and resistance zone with trend line
We are still in channel pattern look for long in pull back
Short at pullback of 0.5 % or after yesterday low breakout long only possible after high or pattern breakout
Nifty headed for a higher range in the coming weeks.
Hi Traders, in this video link that is given below box I shared the techniques to trade a trending market without numbering formation by ladder techniques. For details open the link and get full explanation. Yogesh Vats
Nifty Futures Tomorrow's view is nifty must bounce back, if open green then we can see some upside. Overall view, Making LH and LL formation, if closes below 14100 then we can see 13600.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
after trapping all the sellers and buyers, Nifty will now head to around 15,000. From 15,000 it will drop again.
Hi Traders, This is the screenshot of next week's trading planning of nifty, As the title of this post suggests, I want to discuss the failure of trades that I discussed in detail, The video link has been given in the box below this summary. you are advised not to skip any part of it that will clear all doubt of 5 min techniques. Yogesh Vats
#NIFTY 50 ANALYSIS FOR 12/04/2021 #SYMMETRICAL TRIANGLE FORMED #IF YOU LIKE DAILY ANALYSIS FOLLOW AND SHARE