(stay cautious on the entry and exit levels) #Before take trade do your own analysis.
hey folks here is my nifty 50 idea , as we can see divergence in macd and rising wedge breakdown at a same time we can see parallel channel downtrend. My actual target for nifty is around 16000 range Kindly give your thoughts in the comment section
Nifty on the daily time frame has closed below the inclined trend line. If it crosses and starts trading below 17800 levels market has test the recent low. On the hourly time frame, the market has consolidated in the last hour after a fall forming doji. The market is showing bearish sentiments. There is a bearish moving averages cross over, on 15 minutes charts,...
Nifty has given a breakout from the downwards trendline after taking support from the trendline joining covid lows and swing low of 15183. It has retested that trendline and took support at that trendline which was also the breakout of the ascending triangle at 17910-17940. It formed a good W pattern in 15 min in this area and moved up but the bullish view would...
Nifty Trading Levels For Tomorrow Trading Session Resistance 18080-18100 Towards Target of 18150 With SL of 18080 Support 17870-17850 Towards Target of 17800 With SL of 17870
A morning star is a visual pattern made up of a red candle, a smaller green/red candle with a short body (spinning top/doji) and long wicks, and a third tall green candle. BULLISH PATTERN Similarly the evening star consists of a green candle, followed by a doji/spinning top and third red candle. BEARISH PATTERN Ideally there should be a gap area between 2nd...
Nifty has been consolidating between 17800-17900 since last few days. It is currently at a confluence point of both upper and lower trendlines. There are more bearish indications than bullish. Hence Monday opening plus first 15m/1 hr candle is hugely important to decide what happens next. A large movement is possible in the upcoming days if Nifty opens flat or...
Nifty has consolidated whole week and formed a doji on the weekly charts. It has been taking resistance from 20 ema and 61.8% fibonacci levels. The market can either side move once it breaks out or break down of the consolidation zone. On the hourly charts, the market has been trading between both the moving averages and closed in between them. Markets have not...
Nifty is forming head and shoulder as well as raising wedge we can expect a fall from recent price. try fo find any price action to enter the trade. be careful at entry and exit.
Action Construction Equipment's Weekly Time Frame Breakout Confirm It Is Breaking out the zone and Going for Bull Run
ABFRL - On the 15-minute time frame Aditya Birla Fashion has breached a key level, and current trend is bullish on higher time frames. Entry should be made on a retest of the breakout, and stop loss should be kept below the key level zone. I hope this analysis was helpful to you. If so, I would appreciate it if you would like it and follow me on TradingView for...
Nifty completed cypher wave pattern now my expectation is market will come down to 17500 based on technical analysis.
Nifty Weekly chart looks bearish as it shows Nifty consolidating for few weeks and then breaking below the consolidation zone and currently trying to retest it again (bearish retest would have been much clearer if it finished below 17800 but it closed above it). But this could be a move to trap call buyers. On the daily TF, it looks bullish as it took support...
Nifty on the weekly time frame has taken resistance from 61.8% fibonacci levels and closed near the 20 ema. The market has showed some recovery from the lower levels and has given a nice candle. On the daily time frame, the market has taken support from the 200 ema and closed near the 20 ema. There is dragon fly doji and if the market closed above the 17920...
Nifty will be Gap up opening in today's session. After opening nifty sustain Above 17680 level and then possible upside rally up to 17800 in today's session. in case nifty trades below the 17630 level then the downside target can go up to the 17500 level.
Today if market open flat or open in range of 50 point and break high then we are bullish till 17875 if move down ward and break low then our target will be 17350. Follow support and resistance for trade
Nifty again formed bearish pattern on the charts Target - 17430
Nifty will be Gap down opening in today's session. After opening nifty sustain below 17600 level and then possible downside rally up to 17400 in today's session. in case nifty trades above the 17680 level then the upside target can go up to the 17850 level.