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Nifty Futures LTP 14384 Support 14213 Resistance 14520 levels & 14660 levels Hourly chart (short to medium term) Divergence Indicator has given a bull signal RSI has bounced back from the 30 mark which is a good sign 3 Green candles may indicate that the strength is returning MACD, though in the bear zone, we can see the red bars fading away 15m charts...
Many people were asking for NSE charts, If I keep coming with Crypto charts, my followers will run away. So here comes TCS chart. I have described most of the things on the chart. The chart seems weak and trying to hold weak support 3100, it might break it well soon and fall towards 2870. Now is 2870 is reliable and strong? Well, time will tell that. ;) Regards
Nifty 50 LTP 14359.45 Support @ 14250 Resistance @ 14650 Weekly charts (long term) The candles have take support at 20 DEMA which is a good news. Regardless of the poor opening today, we have a green candle after 2 weeks. MACD is the the bull zone but does show a reversal. We will consider this as neutral. RSI is moving downwards but is again above the 50 mark....
Nifty View: Yet another gap down for the benchmark Nifty in today’s trading session. The index reacted from an erstwhile falling gap hard losing over 250 points in today’s trade. At a close of 14,384, it was relatively much better off bouncing back from the intra-day low of 14,213. A look at the 75min chart clearly shows the index sliding down the falling channel...
SITIUATION IS BECOMING MORE DANGEROUS SELLERS ARE ACTIVE. MY IDEA IS BASED ON GENERAL MARKET BEHAVIOUR.I'M NOT FOCUSING INTO PRICE ACTON OR ANYTHING. IT'S EMOTION!!!!!!!!!!!
TREND ANALYSIS & TRADE SETUP ! ELLIOTT WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Reward is 8-10 times .
TRADE SETUP ! CHART PATTERN ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short.
As we analyzed we saw Range bound day and volatility after 1:25 PM, As per Set-up we got both sides of trade, initially Sell which gave us a good profit and another one was Buy which also hit our first target. Trading Room subscribers sold Nifty 14400 PE around 70 for 0 Target, I also posted Expiry Jackpot trade in Public Channel. Suggested to buy 14450 CE at 25...
Flag and Pole formation in Nifty50.....looking at the global scenario if nifty breaks above this channel there are high chances of a bull run continuation. On the domestic front rising covid cases is a big concern.....if the nifty breaks below 142000 level.....13600 the previous reversal level will act as support....below that 13150 will act as big...
Nifty View: Slow and steady the benchmark Nifty index has managed a three day bounce back to retest 14,700. But in today’s last hour we did notice some degree of selling pressure as the index faced resistance from the erstwhile falling gap within (14,700-14,800). This 100-point range is important from a short term perspective and only a move above this zone will...
VIEWS ARE PERSONAL. TRADE AS PER OWN RISK APPETITE HAPPY TRADING
SYMMETRICAL TRIANGLE FORMATION WAIT FOR BIG MOVEMENT IN NIFTY PURE PRICE ACTION IF YOU LIKE OUR ANALYSIS FOLLOW,LIKE & SHARE..
Tomorrow again I will 2 setup 1. if nifty opens above 14650 , in that case I will look for buy on dip till nifty sustain above 14500 , reattempt to buy around 14400 . 2 if nifty opens below 14400 then will look for sell on rise till nifty sustain below 14570 .level mention on chart.
Covid and Lockdown are the only weak factors but technical looks good. Nifty Future CMP 14600 Support 14450 and 14291 Resistance 14800 and 14950 My call as of now is a strict No Trade as the risk to reward ratio is not making sense!
NIFTY & BANKNIFTY PREDICTION FOR 16 APRIL - NIFTY & BANKNIFTY TARGET FOR TOMORROW
Nifty View: Benchmark Nifty manages to post a fine bounce back from today’s intra day low of 14,374. At a close of 14,597 the index has managed a 2-day slow bounce back post the sharp sell-off which we noticed on 12th of April’21. The underlying short term trend of the index is still very much down and the index needs to take off immediate resistance zone of...
#Nifty 50 Analysis #Symmetrical Triangle formed #follow and like for daily knowledge