Second strategy that i like to look at apart from channels.
TREND ANALYSIS & TRADE SETUP Possible start of Uptrend. Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short.
Selling opportunities likely as we are trading at double top area plus we got the break of Short term trend line.
STOP 12113 BUY ONLY ABOVE WHERE ARROW STARTS TARGET MARKED IT IS FOLLOWING CHANNEL LINE VERY WELL
I am sure you remember this chart, the supportline has provided support to Nifty during earlier fall, last week. Today's closing is a little below this line. Nifty RSI on day chart is below 50, Nifty closed way below 20 DEMA and a tad above 50 DEMA, which is placed at 12088. On 9/34 EMA on index n RSI system, there is still some hope, 9&34 EMAs on Index are some...
Nifty now immediate resistance 12272 /12290 above 12290 it may show 12350 HH-HL formations . Consider budget before trading . Volatility will be good. keep your charts simple , adding many things don't give results because you will be bounded Twiiter - @TheSachinJain telegram - @tradingbud Do check our previous results . :)
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 3 to 8 times.
Nifty 50 Most debated topic where it will go. So it has closen below the weekly trendline Overall structure is bullish a dip may be seen this week . But as far results of the most weighted nifty stocks are too good so need to watch rather than making positions in hurry. Otherwise 12150 could be good levels for the lower side. Do follow us - and check our...
Following Nifty ATH, other sectoral indices too are moving up, forming multiple bullish patterns. Pharma sector which was once darling of investors, is attempting to catch up. Some of you might have experienced, how it makes wild moves. Pharma stocks are among most preferred ones, among FIIs, DIIs and HNIs. I guess having exposure to the sector is a necessary...
The Support and Resistance Levels for the Nifty50. The most important Yearly Level for Nifty 12337 if the price holds the level the next target will be 12535 (+190 Points) if the level fails the next immediate support will be 12008(- 330 Approx).
Check Historical idea on 3 mins time frame. Dont be a Bull. Dont be a Bear. Just try to be a Hare.
Today global market fall down mostly nikki and sgx nifty likly as 2% and 1.6% falls. so we can purly expect that nifty will fall below -1% today. range may be below 11960 pts. i expect gap down.
Temporary Neutral. Nifty: Spot: Fresh Bullish above 12295. Fresh Bearish below 12110. With after Breakout and sustain in own direction : Upside : 12480++, Downside: 11925-- .. Personal View Point. Educational Purpose Only