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Niftylong

NIFTY Double top formation- Falling towards support levelNIFTY is trading in a rising channel at around 12000.00 key psychological level and formed a double top formation which is a clear sign of bearish trend. We can expect short term retracement towards 11625.00 which is a previous high turned support level and the next primary target would be 12400.00. If the 11625.00 level was broken then the immediate downside target would be 11405.00 which is a .50 Fibonacci level. From this level we can expect bullish re bounce. For the past 05 trading days NIFTY was in clear bullish trend. Give us a like if you found useful.
NSE:NIFTYLong
by forexorbit
2
CAN YOU SEE THE DEPTH OF ANALYSING CHARTS IN SIMPLE WAY ?Hi Traders, 1. On 3rd of October 2020, I wrote in my weekly blog of nifty about the boom you saw in nifty in point no.2 of the trading plan section is quoting as proof of depth in precision marking with just two support and resistance in a very simple way without any indicator, not even volume. " On the contrary, if the hanging man is not activated then the pink zone will be taken out in both time frames only then initiate longs. This is how the direction will be decided." Here you can see in a crystal clear manner I wrote if a hanging man not activated then the pink zone will be taken out with such confidence that price will have to move upside. you can see the whole week it remained up. When I write my conditions, they are always with utter confidence because I manifest the whole movement in such a wave price has to react on my levels with conditions. Proving in every post. In every post, I prove my statement first then I give you the next plan. When this sort of depth, I try to provide you with your trading decision one week ago. With this sort of information, you can not earn then you need to think over it. where are you lacking? This is not in one post consistently I have been proving in all my posts on record for your consideration. 2. Why price does not go beyond my ranges which I provide yo consistently, is a matter of thinking? Analysts provide the levels and they are right sometimes but every post shows the price following your levels so consistently, you have not seen regularly. But here in my blog, you will see consistently without fail. That is why even trollers can not dare to write anything wrong as I manifest every move 7 days before it happens. They all get speechless when they see consistently this sort of performance. When I used to write my initial blogs, they tried but with consistent performance, they understood no flaw in my studies. Rather than criticizing, they became silent followers. This is how one should do his/her work with the perfection that the opponent gets speechless. When I write all these things not to glorify myself my depth will remain with me forever. But I want to motivate newbies that you also can achieve this depth in your analysis by regular hard work. just start moving in that direction. Setting the previous week fig for comparing with my current fig and my statement. Trading Plan For Next Week. 1. See in the current fig I made a pink line as resistance If the price has to move up then it has to take this line up in both times frames of 1h and 15 min. It has to fulfill my condition taken out. there is one possibility in the next session it fulfills that condition without fall then this will be a trap for bulls. so trade cautiously. 2. On the other side If the price does not fulfill taken out the condition and falls that would be healthy for the next upside move. use that fall for buying. A red zone is seen as a support zone this should be used for buying. But if price takes out the red dotted line then this uptrend will convert into the downtrend. But it does not mean jump into the sell-side, wait for a bounce to come then sell. 3. For new readers writing the implementation of taken out condition is as follows:- Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. Yogesh Vats Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
NSE:NIFTY
by yvatsji
44
NIFTY ANALYSIS AS PER THE WAVE THEORY This is the 12 Months chart we see 5 Wave Upward Impulse is complete; We have gone in the Lower degree further into the Monthly chart; The Lower Degree for the Monthly charts is The Daily chart hence we are verifying the Wave A (Monthly) in The Daily chart; Here we see Wave A of Monthly chart is a Flat structure ( For reference please find out what is a Flat Structure as per Elliott Wave Theory) Now Wave B (Monthly) Generally Wave B, Wave 2 or 4 are complex wave where there are more than one correction structures formed; This is a Type 2 Zigzag where Wave A or C atleast one of them has to be a Proper Simple Impulse (Where Wave 4 doesn't overlap Wave 1 area) Here the Wave 4 was a Complex Correction which confused me the last time for a start of a Downtrend; but Leading DIagonals are also formed in Zigzags; So we have the Wave 5 which is a 5 Wave Impulse Upward which will complete the Correction forming in Wave B; So this is the Logical reasoning verified and explained Wave by Wave. So we have two Conclusions here: 1). For Now this is a Long till Wave 5 is complete; 2). With the Completion of the 5th Wave the Wave B of the Monthly chart completes; So we have a Flat structure formed in the Monthly chart which is 3 Waves for Wave A ( refer to Wave A of Monthly verified in The Daily ). This 5th Wave confirms the Completion of the Wave B which is again a 3 Wave structure; According to the rules of the Flat structure when Wave A and B are 3 Waves each and Wave B has retraced Wave A by more than 80% So now there are two possibilities after the completion of this correction there can be an X Wave downward and one more correction; There can be a downward 5 Wave Impulse giving us the biggest fall till date; Will post when I have a confirmation ; FOR NOW I appreciate responses; both good and bad; Happy Trading PPL :)
NSE:NIFTYLong
by Kruti0210
3
Nifty Re-Crashall the market along nifty will crash upto 50%. Hold on to cash. and also considering buying 10 to 30 % bitcoin. After considering the debt level, the balance sheet of the most of bank, and activities about the fed and RBI, and the insider information from central bank as well as some hedge funds. I am coming to the conclusion tat not only nifty but most of the market around the world about to have re-crash. Jay Hind 🙏 lets make India a superpower.
NSE:NIFTYShort
by UnknownUnicorn2731727
5
WHY I SET ARROWS IN FIG AT RIGHT PLACE FROM WHERE TREND CHANGES?Hi Traders, 1. On the 26th of Sep 2020, I wrote only one condition in the trade plan section in my nifty blog. That is quoting for your consideration as proof of price 99% changes its intermediate trend from these arrows. "If the price takes out the red zone in both the frames then the trend will change to the upside. On the contrary, If the blue dotted line is taken out then will see more fall." Here you can see price fulfilled the upside condition of taken out by gap up means earlier intermediate trend which was downside now converted to upside. Check my all posts all intermediate trends change from my arrows. This sort of perfection I share in my blogs to retailers. See the confidence in the previous fig, I put a red arrow just below the price traded in the last session. And price never came back to even test this level. How can I know this arrow is the point where the scene can change This is the level of confidence where I know from which psychological point intermediate trend will change. Earlier When I used to provide a daily view on indexes then I used to provide short tern psychological points from where short-term trend used to change,. The market moves in two trends intermediate trend and short-term trend both cases are perfectly pointed out consistently not some time but every time. With this concrete information of direction If you put little know-how to time, your trade can earn consistently. Many followers are earning and covering their losses, they write time to time for boosting the morale of others. 2. I do not put so much support and resistance to confuse traders because that shows my level of confidence. The more you use to support and resistance means you are less confident of these. In my analysis, you will find two to three support and resistance. The chart will be visible neat and clean and the price movement will respect my levels that have been proving in every post for the last six months. This sort of perfection can only be created by hard work so burn night oil. Setting the previous fig to compare with the current fig. so that you yourself could see the confidence of moves shared. Hoe they are manifested in reality. Trade Plan for Next week. 1. See I made a pink zone where a hanging man is seen which is not activated yet, I hope soon it will activate by giving closing below the low of this candle. If that happens then the brown dotted line is expected to follow as the trendline. Means price would follow it, can beak but would come bach in the next candle till support of the red dotted line. In case the red dotted line will be taken out in both time frames 15m/1h then the intermediate trend will change to the downside. 2, On the contrary, if the hanging man is not activated then the pink zone will be taken out in both time frames only then initiate longs. This is how the direction will be decided. I hope you may see the gap down open in the next trading session. Stick to my wordings that will create discipline in your trading and would be benefitted. 3. New readers taken out condition is as follows;_ Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by the next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. Yogesh Vats Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
NSE:NIFTY
by yvatsji
31
CONSISTENTLY PROVING WHAT I MANIFEST YOU SEE LATER ON !!Hi Traders, 1. On 12th of Sep 2020, I wrote in my blog of nifty about this fall those who follow my words would be in great profit whether they would write or not but I prove in my statements quoting point no.1 of the trade plan section as proof of my wordings " I made one white support If a total no of two candles gives close to below this level I will surrender my long. I will not wait until the red support zone to be taken out" . See I circled in green the Doji candle took support on that white line and gave rally to upper pink & yellow zone. The point to be noted why I gave a white line as to make & breakpoint. Whereas the pink zone was already present there and you can see the first time took to support and gave rally. on the other hand, when broke this support free fall seen. Nobody can create this sort of perfection in any platform available in the stock market. Everybody will provide only a pink zone not the white line just below it. This proves the depth of knowledge you get in my analysis consistently without fail. The main thing is I manifest moves many days ago before they appear in reality. People are not able to manifest correctly daily but I provide you many days ago with confident marking. check my 215 + post when I put green and red arrows price never ditch my analysis rather obey my sketch. The words I use in my blog are full of confidence because I prove the move of the market way beyond one expectation. 2. I did not stop here even in point no.1 of the same section Is quoting as proof " See I made a red zone till this zone is not taken out on both time frames of 1 hour and 15 min my biased is for the long side. But when it is taken out I will like to trade in a downside with the target of white support. The red arrow is showing that support." In the above-highlighted condition, I told where I will surrender my longs and in this statement, I mentioned the target of the white support line. You would have read many blogs in your life, can show a single one where the move is manifested 15 days back and marked in simple lines and price following the outline consistently. I provide you with an authentic way. Many people are earning from my analysis some of then write with courtesy but some only interested in taking not giving back to society by raising the morale of newbies. Setting the previous fig to compare with the current one. 3. See taken out condition works 100% in trending moves but when it is sideways then the success ratio is 60/40. I marked a blue square where It got satisfied but triggered the sl of the breached candle. You can see after that price was sideways. But in green square price was trending so did not trigger sl and gave a good fall. So when you trade with a taken out condition always put sl it is an art that you have to learn with your own experience there I can not help. Trading Plan for next week. 1. If the price takes out the red zone in both the frames then the trend will change to the upside. On the contrary, If the blue dotted line is taken out then will see more fall. Yogesh Vats Disclaimer:- This is an educational blog. Do not guarantee any move for trading.
NSE:NIFTY
by yvatsji
31
Nifty Buy in Correction. We have had Leading Diagonal as a WAVE 1; hence WAVE 3 will be an extended wave; Now Wave 1 of WAVE 3 is complete and this is as per the Daily chart; Now we are here to understand the Upward Correction forming in Wave 2 of WAVE 3; Wave 2 will have a 3 Waves where Wave A is complete and is a 3 Wave structure so we are expecting the Wave B also to be a 3 Wave downward structure and then we get the upward Impulse; which we will encash; So today 11400 CE for 1st Oct Expiry would be the opportunity; It takes approximately 4 to 5 hours for one wave to complete according to the current market volatility; hence 1st Oct expiry is good for 11400 CE; From 11400 CE starts the Wave 3 of WAVE 3; hence accurate exit is mandate;
NSE:NIFTYLong
by Kruti0210
NIFTY near resistance zone! Tomorrow crucial for further trendNifty - Technical Analysis: -Benchmark index NIFTY traded positive today as it continued yesterdays move and moved upwards to 11600 -We are near the resistance zone and tomorrow can be decisive for further trends -Tomorrow is expiry day and we can see some volatility Market - Driving Factors: -Among the sectoral indices, BSE Realty, Healthcare, IT and Auto logged healthy gains. On the flip side, BSE Utilities, Telecom, Power and Oil & Gas fell -Addressing the FICCI National Executive Committee Meeting, Reserve Bank of India Governor Shaktikanta Das on September 16 assured that the RBI is closely monitoring economic situation, and the central bank is prepared to take further measures to prepare the economy and banking system to fight the COVID-19 pandemic. -Further, bank credit growth remains muted in the system. He hoped that the revival of businesses (due to moratorium or restructuring) will help keep NPAs low.These reassuring statements helped the Nifty to rise towards the recent highs. -FIIs inflows into Indian equities continued to be robust in August at nearly $6.3bn, highest in 5 years. Nifty - Outlook for Thursday, 17th September: NIFTY will test the resistance zone tomorrow along with the expiry day playing a trigger. We can see upper levels if sustains above 11600. Tomorrow is also expiry day for NIFTY, we can see some volatility early on during the morning session.
NSE:NIFTYLong
by Algokart
3
NIFTY sustains 11500! MACD turns postitiveNifty - Technical Analysis: -Benchmark indiex NIFTY traded sideways in a tight range, before ending the day with a positive bias. -Today it got rejected from 11500 twice but crossed it with strength and also sustained it till the end. -The markets are almost at the upper end of the trading range and a push above 11,600 could bring in more trading optimism with a test of the resistance zone -Nifty settled 82 points, or 0.71 percent, up at 11,521.80 Market - Driving Factors: -BSE Midcap and Smallcap indices closed 0.85 percent and 1.44 percent higher, respectively. -BSE Realty pack closed 0.58 percent lower. Rest all sectoral indices closed in the green on BSE with Power, Bankex, Telecom, Healthcare, Finance and Basic Materials logging gains of over a percent each. -Domestically, favourable inflation data and expectation of it going down further aided the positivity while the broader markets continued its outperformance today. -On the flip side, BSE Telecom, Banks, Finance and Energy failed to perform and ended the day with losses. Nifty - Outlook for Wednesday, 16th September: Equities elsewhere in Asia moved higher on positive industrial data from China and optimism around COVID-19 vaccines. Investors keenly awaited the outcome of the US central bank's two-day policy meeting that starts later in the day. We can see some positive bias in coming day with testing of levels at 11600 and above.
NSE:NIFTYLong
by Algokart
1
NIFTY bounces from 200SMA | Sell pressure after morning sessionNifty - Technical Analysis: -Nifty gaped up around 11550 owing to positive sentiment and buying observed in midcaps and smallcaps due to the recent SEBI circular. -We were unable to sustain above 11,550-11,575 which is a little concerning. Even if it were to take a day or two and then get past those levels, we are in bullish territory. -NSE Nifty settled 24 points or 0.21 per cent lower at 11,440 Market - Driving Factors: -IT and pharma led the rally as several small and mid-cap stocks registered smart gains today despite the clarifications put out on multi-cap schemes of mutual funds. -Nifty IT and Realty indices jumped up to 5 percent while the broader market was trading on a choppy note. Shares of HCL Tech and Mphasis jumped 10 percent while those of Larsen & Toubro Infotech, Wipro, PCS and Infosys jumped up to 6 percent. -Trade cautiously and look at earnings stability, if investing for the long-term in small-caps. -On the flip side, BSE Telecom, Banks, Finance and Energy failed to perform and ended the day with losses. Nifty - Outlook for Tuesday, 15th September: Owing to US elections in November, we can expect volatility ahead. India VIX was up 2% today. People are suggested not to take huge risk in the coming months as we can see a government trigger coming. During the last US elections, before 20-30 days India came up with demonetisation. Due to the current scenario chances of a cheering clause can be expected. Small cap and mid cap rally can be benefitted from and good companies with earnings stability and growth can be cherry picked for good returns.
NSE:NIFTYLong
by Algokart
4
AN ART IS ALWAYS RESPECTED BY MARKET TOO SEE YOURSELF!!Hi Traders, 1. On the 5th of Sep 2020, I wrote in blog of nifty in point no. 1 of the trading plan section is quoting as proof of perfection seen in the movement of price manifested a week ago. "I made a temporary green dotted line as support, the price can use this to move the upward direction till the green solid line. " One of my followers asked this green dotted line fulfilled the condition of taken out still price did not move to the white line. So Dear followers many of you do not read my words deeply. you just read casually like a storyteller who is describing some story, not analysis. Did you find anywhere I talked about taken out condition in point no.1 for the green dotted line? Rather I used the word " temporary" means taken out condition does not apply here. you are still acting as the condition. If you see carefully price went down and made microzone and boom. In fact, this was a trapping move marked in the pink square that only experienced one can see. In my 210 + analysis, I used temporary resistance support rarely just because of false moves. Here I try my level best to provide only those that could not give this sort of false signals. Sive I was confident of working this so gave without condition. So mark my word and act accordingly in the stock market. Many times I have written that my selection of support, resistance, and zones are based on my hundred of hours working on charts which can not be seen like matching with previous moves. You may find matching with previous moves but the origin is based on experience. 2. Now I marked the green circle two times showing the perfection of pink zone selection rather than the red dotted line as resistance which worked accurately. That is the example of setting zones, support resistance when and what will work among many. In the last fig, I made a green solid line but this time it is missing, and the yellow line is made. I know among many support that will work that all calculated with perfect readings. When the gap will work when not. So make charts your friend and spend time with them. In starting trollers used to comment negative but a consistent manifestation of levels with moves advance one week put hold on their ego. Rather they started to learn from my analysis. But to prove consistently in the market is not an easy task. This happened because I made charts, my friends. setting the previous week chart to compare with the current one. Trading Plan For Next Week. 1. See I made a red zone till this zone is not taken out on both time frames of 1 hour and 15 min my biased is for the long side. But when it is taken out I will like to trade in downside with the target od white support. The red arrow is showing that support. 2. I made one white support If a total no of two candles gives close to below this level I will surrender my long. I will not wait until the red support zone to be taken out. On the contrary, if this zone is not taken out then will re-enter in long side trade. 3. yellow and pink dotted line zone is the immediate target to book profit. If it is taken out in both time frames then the yellow dotted line will be the next target. Green arrow showing this route. 4. For new readers to understand taken out conditions attaching my post read it carefully to understand m analysis. In three conditions I sum up the whole week move but still traders not able to earn regularly because of timing the market. Practice it deeply. One should be clear about entry-exit while trading. Yogesh Vats Disclaimer:- All information is for educational purposes only. Before trading consult with your financial planner.
NSE:NIFTY
by yvatsji
56
WHY PRICE EXACTLY FOLLOWS SKETCH MADE EVERY WEEK SEE IN NIFTY !!Hi Traders, On 29th Aug 2010, I wrote in the weekly blog of nifty in point no.1 of the trading section is quoting as a crystal clear proof of what you saw in terms of price movement in nifty this week has already manifested in form of support , resistance, and conditions this index behaved exactly same. " Price made micro-zone of yellow dotted line with a red line, It will be tough for the next session to take it out in both time frames for quite some time. Only next session opening if gap up sustains then you will see taken out the condition will fulfill. Otherwise, the price is expected to come to the yellow solid and pink dotted zone." . You can see price opened gap up exactly touched my upper target of the pink color line and could not be sustained and took first support of the fall at the yellow pink zone. On this day with a crystal clear explanation, one of my followers wrote how much money he made is quoting for your consideration. "ckirtane Aug 31 sold 11600ce &11500ce today &earned 22000. thanks very much again for giving exact level to short." 2. Now come to point no.2 of the same section how clearly and confidently I declared what is going to happen is quoting as proof there is a clear instruction for positional long to cover in this statement. " If price takes out the yellow dotted line in both time frames then a pink solid line will be the target. That should be the final target of this uptrend where all positional long should be covered." you can see I talked about the final target of this uptrend And the same seen. Can on this platform or anybody across the on-air personalities manifest such crystal clear moves consistently in all blogs which I post in any index or stock. Think over it 3. Those who follow word to word of my blog and react accordingly, they all earn. I did not stop there even cleary wrote on point no.3 of this section about the trend same seen . " on the contrary if the yellow solid and pink dotted line is taken out downside in both time frames of 15 min and 1-hour then the uptrend will change to the downside. Then all positional long should be covered." You can see how a precisely eery move of whole week was written in advance. You can see I marked in green color circle price took resistance with the formation of various candlestick patterns. One thing see carefully I made red arrow move to yellow Ema, not to the red dotted line. This time I was clear about the support of this fall to Ema not red dotted line except one candle all closed above this Ema. A pink color zone is showing the support provided by the yellow Ema. And next proof of this red arrow to yellow Ema is marked in a red circle where after gap down opening It provided resistance. and price breached the red dotted line. The moral of this explanation is that once the Red dotted line acted as resistance should be acted as support but I did not select this line as compared to the yellow Ema. Feel the depth of analysis in this explanation. People compare my support and resistance with previous support and resistance but they all of the next level. You may find they are coinciding with any of the support and resistance but actually HAS DEPTH. Setting the previous fig to compare with the current price move. Trade Plan For Next Week. 1. I made a temporary green dotted line as support, the price can use this to move the upward direction till the green solid line. If it takes this route to go up then chances of the taken-out condition above the green solid line will be more to the yellow dotted line. 2. On the contrary, If price does not use the green dotted line as support then the white line is the target of this downtrend move where a bounce can be expected to pink zone On taking out in both time frame of 15 and 1-hour the price will further move to the yellow pink zone. In this route, the green solid line will be less effective. 3. In any case, the yellow dotted line is taken out both tie frame then the price can go to the pink slid a line or slightly move further from this line. For new readers to understand taken out condition, please see any back post of last week. Even attaching link for that. Yogesh Vats Disclaimer:- This is an educational blog any trade on behalf of this analysis is not recommended. please consult your financial advisor for trade.
NSE:NIFTY
by yvatsji
19
Nifty Enter long I hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:NIFTYLong
by EntryandExit