Niftyfutures
Short Nifty Risk/Reward 1:5 | The Budget Short Squeeze is OverShort Nifty 12025 - Stop-loss 12162 - Target 11340
Risk/Reward 1:5
We have often seen the Market making big moves to the opposite side of an unfavorable event. The Rally after so-called disappointing Budget is such an example. The majority of traders considered the Budget as the trigger for the further downside. But Market rallied taking support at 200 SMA at 11630 to 12160. Those Who shorted on the budget day market didn't give a chance to cover short and rallied more than 500 points.
Nifty and Banknifty Weekly option is highly traded instruments. A lot of traders buy puts and write calls in weekly expiry. But The Weekly expiry after the budget was not favorable for put buyers and short sellers. They got squeezed in weekly expiry after the budget.
Market Rallied till the weekly expiry and after that giving up gains on Friday and Today, suggesting short squeeze is done.
Short trade opportunitiyNifty pulled back in a converging wedge pattern till golden fib 61.8 level and developed a clear bearish engulfing candle pattern in 30m chart. Short trade can be initiated below 11380 (spot) tomorrow with stop loss at 11480 with a target of 11110 (RR>2.5).
Trade is not recommended for intraday traders with capital less than 1.5 Lakh Rs.
NIFTY 50: WEEK-TECH-SHEET->26th August 2019 to 30th August 2019ghstocktrading.webnode.com
NIFTY 50: WEEK-TECH-SHEET->26th August 2019 to 30th August 2019
Nifty 50 moves around +385.20 pips from 26th August 2019 to 30th August 2019, in which nifty 50 did not break last week 19th August 2019 to 23rd August 2019 top nor bottom.
Nifty 50 AUGUST = --544.30 pip
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.
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.
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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 .
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 !
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.