Niftyfutures
Nifty50 Short Term Target 11200 | Sure CallHello all there is short term buying opportunity in the market, Kindly use this Recommendation for trading or watch this move.
NIFTY INDEX : Buy - current price, SL - 10690, Target 1 - 11000, Target 2 - 11100, Target 3 - 11200
Buy Call options in NIFTY INDEX. Strike Price - 10900 to 11200 and for exit watch NIFTY spot stop loss and target.
Buy NIFTY FUTURES current market price and for exit watch NIFTY spot stop loss and target.
MRPL: Sell at 67 SL of 70 Target of 56SELL MRPL at 67 with Stoploss of 70 (on closing basis) and Target of 56
THE NEXT BEAR PHASE..!? 9950 / 9700 / 9550 / 9050 Levels Coming?Nifty Spot as on 4th Oct - 10599
The momentum of selling pressure, global sentiments and macros indicate that, this is the start of the NEXT BEAR PHASE...!!
Important Support Levels as on Monthly Chart are mentioned on the chart above.
Bulls Need to give a Monthly Closing above 10400 to avoid break of the bull run trend line from Feb '16 to Aug '18.
If 10400 breaks and we get a monthly closing then Nifty can fall all the way down to test the Monthly Support Trend Line.
Positional Short @Cmp of 10599
Target 10400 / 9950 / 9700
Stop Loss 10865
Nifty Outlook 4th October and Trade SetupNifty will test the channel support around 10800 and likely break it to test it's 200 DEMA at 10770. Important Resistance Levels (purple) and Support Levels (Green) are marked above in chart.
Trade Setup :-
CMP 10850
Short @Cmp or in 10900-930 zone
Stop loss 10985
Target of 10800 / 10770 / 10750 / 10735
All the levels mentioned above are spot.
Nifty Chart Study...Guys NIFTY make test previous high If Don't break new high keep watch...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
Nifty Fibonacci Analysis from next few weeks
As i have marked on the chart price is respecting Fibonacci time and price levels. Hence we can expect the same in future too.
The response of price makes every line marked on chart extremely IMP.
Which time and price levels are most important?..... can be answered after observing the price action in history. With this analysis we are not trying to decide top or bottom. As always we are trying to determine the IMP levels in price and time where traders needs to be extra careful.
With good observation and trading skills such points can be utilized for entry and exit also.
Make good use of hourly chart on these dates so that trending move can be captured early. My students will know how to use it for sure .
#nifty50 #nifty #niftyfuture will soon see 9700 levels.
Also 20% correction target show level of 8960.
NIFTY will settle around 10200 at the end of 2017!!After doing analysis, I can confirm that Nifty will settle around 10200 at the end of this year! The above pictures just sows the simple sample and prediction of my analysis, I haven't included any technical drawing on the above picture, because I have done the analysis on my personal charting tool!
Nifty : Beginning of the End ?!When Nifty formed that Double Bottom around 7800's most of the retail traders would be suspicious or even thought it might go down a bit bcos we have seen so many double bottom;s fail, so now also it will fail, but what happened after that was exemplary bull run to 10k's & Many don't forgive themselves even now for not buying there. So Buying at Exact Lows & Selling at Exact High for a Retailer is a Myth ! Even if you disagree, Yes, its a Myth ! All You can do is only catch part of the bull or bear run, that itself more than enough.
Now here in Nifty, Same way as buying at 7800's missed, this 10k's something is the high for the year ? Well, there are two theories :
i) If Support is either taken at 9900's & 9700's and bounce till 10300 is expected.
ii) If the above support zone is not respected then this is Beginning of the Bull Run End !
By the way, As we speak ,Nifty opened exactly as per our expectations if reversal happens around our 9900's zone, Get Longs, if Broken yes aim for 9700's with ranging around 9800's & We all know this is not single day scenario !
Happy Trading Err... Winter is Coming !
Is this is itCurrently having main resistance at 9682. If it is not broken soon enough, their is high possibility of consolidation.
In any case I believe it has not hit the actual resistance, but their is time for it.
Eagle - watch and catch the perfect entry/exit on NiftyEagle - wait and catch the trade at perfect level. I have mentioned the path of nifty for short term.
Path 1 - drive to the trend line and vehicle may get accident once to touch trend line. Reason - MACD is not exactly on strong bullish trend so nifty have less probability to break the trend line.
Path 2 - if nifty failed to break the trend line, leads to fall down to the support zone.
Path 3 - summer season no water available in any well or lake. likewise after support zone, GAP was opened and nifty may slip from support, then fall to the end (fill) the GAP and may take some rest for a while - SIDEWAYS. ("Have a Break, Have a Kitkat")
Path 4 - finally nifty may gear up to break the long trend line with the trend confirmation of MACD '0' barrier crossover.
Note: Failure may happen when the nifty break the trend line in advance.
Will NIFTY sustain 8000 Levels? - An Elliott Perspective!Greetings traders & investors,
This analysis is a combination of various prospects & contains a clear description for each of that
"we don't understand a movie by missing half of it".- the same is true with markets,
Let's understand NIFTY in higher time frames & continue through the same tunnel in lower degrees
There are 'n' number of possibilities(probabilities) that could frame the near & long term future moves for NIFTY. the analysis progress through the provision of unbiased weightage to all of them based on various factors, rules & guidelines and as usual this analysis is backed by a video presentation, which you can find in our signature section below!
NIFTY MONTHLY ANALYSIS:
The monthly timeframe comprises of super-cycle degree moves within the grand super-cycle 3rd wave, from OCTOBER 08(this has a long way to go). However, the shorter time frames have a different story (which is important for traders).
The 3 waves in the super-cycle degree have been completed and we have the 4th wave in the sequence, unfolding.
The 50% R of the 3rd wave have been tested & the current move is a retracement of the correction & it could end relatively in the cluster of resistance zones (in lower degrees).
This analysis takes into account the psychology underpinning the asset, mathematical relationships, geopolitical events & finally indicators, only to support the analysis!
To understand various levels - take profit, Stop loss & trading strategies for the long, medium & short term. please refer to the video!
Irrespective of all the probabilities, the analysis clearly gives the direction for various trading setups.
.
Nifty : Where we will be at Expiry ?A very simpler Nifty trade setup from this current channel, if we get break from channel & 8k's broken 7940's is our next level, OR Markets some bullish momentum 8380's.
Either way we will be around 8300's around expiry ( Just My speculation, don't trade based on these )
Once we did 180 seconds flat, Now just 60 seconds for couple of trendline(channel) & Support !
Gone in 60 seconds....
Nifty can reverseif the upper resistance line isn't broken then chances are nifty can reverse for another low, as all the structures made here are 3 waved structure, and it doesn't seem ready to go up just now.
Count invalidates if the line is broken.
there can be a fall in nifty after this normal upmovecurrent structure shows that we can see a final leg towards upside than there could be a fall following. but to note that nifty should not proper break the upper channel line.
Nifty : Symmetrical Triangle Pattern Hi Friends,
I hope you guys have noticed the previous post about using Patterns insync with Wave theory. When I posted it on Sunday, the triangle had spill outs and looked bad, now take a look at above chart after 4 days , I just marked out the triangle its almost perfect formation here in Nifty. Let the Nifty consolidate as long as it wants to, patience is your best friend, Don't take trades bcos of excitement.
So that analysis is still very much valid, check it out from related ideas section below, its a combination of prime forces of technical analysis. There is so much you can learn from that post...
Thanks for your support... Happy Trading !
