NIFTY / WHAT IS NEXT TARGET ??????NIFTY as per analysis we already says wait for break 17440 so now NIFTY breaks the level of before gave so next target will be 17600 and sec target will be 17700
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Niftylong
Triangle Pattern Breakout in NIFTY expected 17480+ New High.In last trading session, Nifty gives breakout of triangle pattern. After this breakout possible NIFTY will continue its bullish rally and expected new high 17480+ in next few trading session. Can go long in NIFTY with very small stop loss at 14320 for target of 17435 to 17480+
NIFTY TRADEING SETUP VIEW|08-09-2021As Describe In Chart
Trade Accordingly.
Support And Resistance
Lines Plot On Chart.
Once You Buy or Sell
Then Always Book Partial Profit.
Do Not Wait For Final Target.
Note: As We Seen Today After Opening Market Continue Sell Off In That Case Wait For Sometime To Take Entry In Either BUY Or SELL Side.
Thanx.
NIFTY SEA PONY & SEA HORSE PATTERN IDEAThere could nice bounce in NIfty if the price manages to sustain above point C of this pattern.
The targets and stop loss are mentioned on the chart. Please wait until confirmation to go long. Stop loss to be same as cost, because stop loss for momentum trade could more here.
Below point D price goes to test the demand zone below.
NIFTY LONG for Short TermNifty Seems to respect Megaphone Pattern and it will be slight bullist till the resistance area above . The move will be slow hence it can be used as slightly bullish view. Above the target levels there is still a stiff resistance so we can't be heavily Biased bull . Option writing of Puts can be done in this view point and Option Buying of Calls should be avoided .
Ankit Tyagi - Stock Data Science
nifty prediction for the upcoming trading sessionsVolatile start for the week!
Gap up- downward trend in the first half - closing in positive.
Currently, we can see a symmetrical triangle and breakout/down can happen, with the immediate range of 16587 and 16373.
21 and 55ema are also closing in.
Option buyers should stick to buying ATM strikes and should maintain tight SL
Nifty View on Weekly ChartI have shared my view about Nifty. On the bases of our indicator analysis there is a bullish candle closed on weekly chart also get a long signal. so as per our analysis there is also a breakout in last week & nifty is also break lifetime high so my view is bullish and my minimum target is 1:2 or till the long signal appears on chart or my stop loss is below last week candle low if weekly chart is closed below it i will book my stop loss or if signal is disappears i will exit from my trade.
Note : This analysis is only for educational purpose so trade on it with your own risk.
Nifty Analysis - Strong Move in Nifty Hello Everyone,
As expected Nifty gave strong move after breaking out of resistance zone and as updated yesterday the nifty become mega bullish above 16400 & now we can expect move towards 16500 during the intraday so any deep can be a buying opportunity.
Only for Educational Purpose.
Simple Trade Setup | NIFTY | 09-08-2021NSE:NIFTY
Simple Trade Level for NIFTY.
It has support Zone from 16175-16212.
Scenario 1
If it open between 16233-16275 then buy trade can be initiated above 16275 breakout only.
And For sell trade Better take it after breakdown of 16175 level.
Scenario 2
If it open Gap up above 16300 level then better to wait and let it take support from 16300 or 16275 or even lower at 16235 level.
And if it find the support then it will be an entry for quick buy trade towards uppar levels as target. Trade with SL.
If you are experience and aggresive trader, you can also take short trade from breakdown of 16275 level to next below target till 16235 or 16200.
Scenario 3
If it Open Gap down in support range 16175-16200 then wait for the 16233 level to breakout to take buy side trade, but if it faces resitance from 16233 then it will be a short trade entry from 16230.All the below levels will work as target.
But a safe Short side entry in this scenario will be break down of 16175 level.
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Further, if you are experience and knows the price action then levels mentioned on the chart will work as support, resistance, entry and exit level for trade on either side w.r.t price action working near that level on that particular day.
Hope I made it easy to understand the trade setup for NIFTY.
Do comment your doubt or suggestion.
NIFTY | SCENARIO 1 | TARGETS AND LEVELS | 20-07-2021NSE:NIFTY
This is Gap Down Scenario-1 for NIFTY . Level and Target are mentioned on Chart.
Take Long (CE) First Entry in range of 15630-15635 Zone. Target and SL mentioned in the Chart.
Tale long (CE) For the 2nd Entry, the range will be 15700-15710. Target and SL mentioned in the Chart.
Don't hold current week expiry. And don't chase for big upside movement. Book your profit immediately. For the safe side better to trade in next week expiry.
Do let me know in comment if any doubt.