Nifty Futures LTP: 14549.30 Support: 14502.30 Resistance: 14684.10 Daily charts (long term) ------------------------ The charts clearly don't look good; 20 DEMA and 50 DEMA are struggling RSI has slipped and is trading below 50 mark But on the other hand, I feel that this is a flag pattern which is a bullish sign ***No Trade! Too confusing. Hourly charts...
Nifty Futures LTP: 14565 Support: 14537.50 Resistance: 14684.10 Can buy
Nifty Futures LTP: 14897.10 Support: 14703.90 Resistance: 14943.90 Daily charts (long term) My concern remains the same which is the gap between the 20 DEMA and the candles. 14649.13 is where the 20 DEMA is trading and the candles should hold on to these levels. Breaking these levels and trading below is a sign of weakness. We will have to watch if we hang...
Nifty Futures LTP: 14855.30 Support: 14683.75 Resistance: 14881.85 Daily charts (long term) There was a doji on the 23rd of April which is a pattern that suggests a reversal and Nifty futures have been in in uptrend since then. The candle today has broken a downtrend since 12th March. 20 DEMA is at 14623.03 which will be our first support level. MACD is in the...
Nifty Futures LTP: 16338.60 Support: 14155 Resistance: 14471 / 14477 Daily charts (long term) There are multiple but unclear patterns being formed like a bearish pattern called the double top. A small correction followed it forming a new bullish pattern called the falling wedge. The daily candle of 23rd April is a doji which can mean that the falling wedge...
Let's understand the daily charts of Nifty Futures. We study daily charts to understand the long term nature of the stock. Candles have taken support at 100 DEMA. The value of 100 DEMA is 14191. MACD has the blue line below the orange one which is a bearish sign and to add on, it is trading below the zero zone with is bearish as well. RSI has resisted 50 mark as...
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...
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....
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 50 Analysis #Symmetrical Triangle formed #follow and like for daily knowledge
Nifty Futures Weekly (Long Term) DEMA (20, 50, 100) Aligned to perfection. Candle took support at 20 DEMA and bounced back which shows strength. Volume shows selling which indicates that we may see short covering soon. MACD did give us profit booking signals but is still in the bullish zone. RSI has a recent downtrend but it isn't sharp and scary. We might see a...
NIFTY 50 ANALYSIS FOR 15/04/2021 DOUBLE BOTTOM FORMATION LIKE & FOLLOW IF YOU LIKE OUR ANALYSIS
15m chart with ema of different values. The red line is a 20 day ema, blue is 10 day ema and the purple is a 5 day ema. These values work well with intraday charts. If you see here, the 10 day ema is crossing the 20 day ema which is a bullish sign. The pattern should be in order of 5 dema, 10 dema and 15 dema. So, how do you trade after understanding the entire...
Hi friends, Nifty as per my previous analysis and follow up updates() failed to cross the #keyresistance and hence ended with #fakeout(failed breakout). So as I expected further down swing or one more down swing...which did unfold decisively today. what next..? VIEW: Expect to bottom out in the zone as shown in the chart. Structure/Pattern: impulse + double...
Nifty Futures are at a very crucial support zone. I think we should buy if you can take a good risk for a good profit.
Weekly chart of Nifty50. The uptrend is clear and the support according to the weekly charts is 14470 levels. So we're already there. I am going to vote for No Trade today even though I really want to buy but the Covid scenes are bad as of now. Daily and Hourly chart study The major support is at 14264.40. This means 14250 levels. There is no proper support...