What's Next After the Scribbles End?The Nifty Next 50 Index NSE:NIFTYJR , also known as the Nifty Jr. Index, is one of the eminent instruments for investors as well as traders. It is a flagship index that consists of the next 50 large-cap companies. Historically, it is observed that the Nifty Next 50 Index has offered better returns to investors. The instrument's availability in the derivatives market makes it a potential portfolio hedging option for traders. Lastly, the index is also favourable for investment as it is observed
Nifty Next 50
Sector AnalysisHello & welcome to this analysis
In this video I have covered
Nifty Next 50
Nifty Small Cap Index
Nifty Mid Select Index
Nifty Energy Index
Bank Nifty
Nifty Metal Index
All analysis are based on the multi time frame study of Ichimoku and Harmonic Trading Patterns
Hope it helps you in identifying trend direction with support and resistance for the coming days and weeks
Best Regards
NIFTYNXT50-NIFTYJR Intraday Prediction Levels for 24 April 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also.
If you are a new trade
Axis on a steep decline down to last leg of correctionI had previously posted how certain key stocks are tracing a triangle in Elliott fourth wave.
The list is unending....All key stocks including Reliance, HDFC, HDFC Bank, ICICI bank, Kotak and Axis are tracing a triangular pattern. Even, BANKNIFTY, NIFTY and NIFTY NEXT 50 are tracing one. Yet, financial media is super dumb and will not talk about any of this. Some analyst will be talking about NIFTY forming a candle pattern and that is what media will write home about...!!
A triangle ty
Nifty Jr outsmarting Nifty 50Nifty Jr has outsmarted Nifty 50 for quite some time now. This may well coincide with the theory that not all large cap stocks will perform at the same time. Nifty 50 has been mostly driven by a few countable stocks like Reliance, TCS, HDFC, etc. If you can spot such stocks you can also outperform Nifty 50. On the other hand Nifty Jr has cumulatively and steadily progressed better than Nifty 50.












