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Niftyindia

Nifty LongI hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:NIFTYLong
by EntryandExit
1
Nifty Intraday Trade Setup | 1st FebNifty opened with a Gap-up above 17300 and after consolidation in the first half, we saw an upmove towards 17400 zones. The market is waiting for tomorrow's event and again traded in a small range today. Trades we took Today: > Bought Nifty 17200 CE at 285, it made a high above our 2nd Target 320 and Traders booked profit in this Trade > Bought Nifty 17250 PE at 185, it made a high above our 1st Target 210 and Traders booked profit in this Trade > Bought Nifty 17250 CE at 308, it made a high above our 1st Target 325 and Traders booked profit in this Trade Overall, a Great day for Nifty Option Buyers. Tomorrow, if Nifty sustains above 17410 we may see an up move towards 17450 - 17500 zones. Expectations for Tomorrow: Volatile day, Trending move after 1:00 PM. Intraday Levels: Buy Above - 17410 Sell Below - 17290 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:NIFTY
by InvestPro_India
1
Nifty Outlook - Will the bulls cease the falling knife of Nifty?Price Action Perspective: Price is creating a value area where supply and demand are equal. The control line of the value area has provided eight price touches to confirm the price move, and it has provided five reversals. In this view, Nifty is on the control line of the value area at 17615 . Price has drawn a doji candle on the control line. There are seven pieces of evidence of a reversal on the control, so the level of 17615 becomes a key level for traders. In addition, nifty often gives a gap-up after every powerful doji candle. if it has the potential to reverse the price, nifty can reverse with gap-up. ( You can see green circles in the chart) Conclusion: If Nifty could not sustain above the control line, it would start a downward movement till the lower band of the price area. Price seems strong above the control line, and if the price sustains above 17614 , we may see a low 17760-17914-18123+.
NSE:NIFTY
by forextidings
8
Nifty Outlook: Will the seller crash the remaining bull?Nifty is occurring a corrective wave ((iv)) on the hourly timeframe chart. It has broken the previous corrective (iv) of a lower degree and price fall to 17377 . The bullish scenario is valid till the price is above 17150 . According to the Elliott wave principle, wave ((iv)) can never enter the price territory of wave ((i)). Wave ((iv)) has retraced 78.6% , and it can't retrace more than 78.6% if there is a bull power on the other hand. If the nifty breaks 78.6% at 17156, it will also break the invalidation level point of 17150 . Nifty is creating a downtrend channel, where bull power has controlled by sellers. If the price breaks out of the channel downtrend, we can see a sharp upward move soon. However, nifty has to confirm its bull run by breaking the breaking supply zones. Previous Idea: Other ideas: Use the play button to see the results.
NSE:NIFTY
by forextidings
9
Nifty Short I hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:NIFTYShort
by EntryandExit
2
NIFTY Research Report 1: Elliott wave & sentiment analysis Time-frame: Daily Research report: Elliott wave and sentiment analysis Wave ((1)) Price has started an impulsive structure on 24 March 2020 . It has exceeded the supply pressure by creating demand. Wave ((1)) formed as a leading diagonal because there was the existence of seller and supply pressure. All the fundamentals were bearish before this move. So, it was a bit risky to think about a trend change without any proper signal. Price has made a high of 9989 , and the fifth terminating wave completed the wave ((1)). It has started falling downward, and traders thought that price could make another leg down. Wave ((2)) 5th sub-wave has completed the wave ((1)). Once again, the price hasn't signaled trend change, and the bearish perspective was less risky than the bullish perspective. Corrective wave 2 formed a sharp correction, but it couldn't break the 50% level, and the price surged. Price made a higher low. Wave ((3)) Price broke the high of wave ((1)) at 9989 , which has given evidence of an impulsive atmosphere. The price is going for a new high with heavy demand pressure, which has crushed supply pressure. Bullish fundamentals and public participants have skyrocketed towards a new high. Sub-wave of wave ((3)) Sub-wave 1 is an impulse at 1032 . Sub-wave 2 is and sharp correction. Sub-wave 3 is an impulse with 161.8 % Fibonacci Extension. Sub-wave 4 is deep correction at 10790 . Sub-wave 5 is the power extended wave at 15431. Wave ((3)) has made a high of 15431, and public participants started booking profit. Wave ((4)) After creating a high of 15431, buyers got surprising disappointment. Price has started falling due to short-term bearish sentiments and the profit booking. Wave ((4)) is a double zigzag pattern w-x-y, which indicates the single correction was not enough to correct the strong impulse move. It has an alternation of the triangle. Price has completed corrective wave ((4)) at 14151 . Wave ((5)) After the accomplishment of wave ((5)), the price started a bullish move. Price broke wave X, which signaled a bullish atmosphere. Due to surprising disappointment, the price move is not as strong as we have seen in wave ((3)). sub-wave of wave ((5)) Wave 1 is a five-wave impulse Wave 2 is a less time-consuming wave. Wave 3 is a normal extended wave. Wave 4 is a deep correction triple zigzag (w-x-y-x-z), and broadning wedge. Wave 5 is forming and has confirmed its bullish move by breaking wave X. Conclusion: I have the following reasons to consider the current move as an impulsive wave. Wave counts without invalidation. Price broke the X wave of the corrective structure. Sub-wave 4 of wave ((5)) retraced 61.8 % of wave 3. As per rule, the 4th wave can't retrace more than 78.6% of wave 3. Scenario 1: Price is on the bullish momentum, but if price breaks down the wave X to take support, we can expect the following levels: 17790-17528-17316. Scenario 2: If the price is refusing for a retracement and continuously creating new highs, we price can go for 18600- 18825+ ---------------------------------------- Research Report 2: Price action analysis Research Report 3: Multiple time frame analysis using EWT & Price action
NSE:NIFTY
by forextidings
5