Crossing 11500 has been a big move and it now has a possibility to touch 11970 levels . Enter : 11647 Target : 11200 Stop loss : 11506
Hi Traders, 1. On 21st August 2020, I wrote in a series of nifty blog about the target achieved yesterday (28/8/2020), is quoting as proof of my manifestation of the current move one week advance with the perfect rhythm of levels marked in the previous fig. by price in point No.1 of trading section " My final target of the previous post was an...
Nifty is holding to it's trend line support. As long as it's holding it, I am bullish on it. MACD is also closing in for a long. So, the target remains 12240 and Stop Loss has been moved to 11390.
if u can find the similarity u will make money 2mrw blind short if nifty opens lower than today's low
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...
Nifty has as yet maintained it's support level, so I am still bullish on it. It has closed way above it's support of 11400, even it's low was above 11400, well above it's stop loss of 11353. So, I am still Bullish on it, till it breaks it's support trend line. Target remains 12240, Stop Loss 11350
THIS IS MY PERSPECTIVE TO LOOK AT THE CURRENT MARKET.
Nifty 50 has spent a month in 11000 range. It's near it's support and resistance. It's in a narrow triangle wedge, preparing itself for a big breakout. The shape of the wedge suggests an upward movement. The 4+ month long rally suggests a correction is due, correction - not crash. So, buy nifty with caution. If you scratch below the surface, a powerful sector...
Hello Guys, Hope You All Are Fine And Fit.. Here we are discussing about Nifty Next Trend, As per basic evaluation of chart with volume as well future and option OI, Nifty Can show 11600 Figure next week.. Just Focus on the trend o of Monday, There are huge Positive break out can be visible in coming days.. Hope this short Evaluation can hello you to...
NIFTY is trading at the crucial area which already tested the CHANNEL SUPPORT LINE on 14th August @ 2:15 PM. hence expected to break the channel at this time, therefor it is good to close the swing trading for long position.
Hi Traders, 1. On the 3rd of August 2020, I mentioned in my post of nifty wherein point no. 1 of the trade plan is quoting for your consideration. " I made a blue dotted line, if price opens gap down and takes the support of this line and gives close above the sky blue trendline then one should cover positional shorts. On the contrary, if the...
Today is a Clear Breakout! Yesterday close was slightly above Fibonacci retracement level of 11377. Today, @ 15:20 hours, if it closes above yesterday's close - 11386, you can go long. Stop Loss will be at previous close 11386 or slightly below Fibonacci level of 11377, or previous resistance of 11353. Below 11353, sell everything! Exit possibilities when it...
Nifty - Technical Analysis: -Nifty gapped up today but closed at 11421 below the opening price at 0.2% -Nifty saw resistance around 11450 but took support at 11400 and bounced back Market - Driving Factors: -Zee Entertainment, GAIL, Bharti Airtel, Tech Mahindra and Maruti Suzuki were among major gainers on the Nifty, while losers included Bajaj Auto, Nestle,...
Nifty has taken support at the channel trend line. It has made a strong marubozu candle. It has room to move up. My view for tomorrow is Bullish...
If NIfty shoots upside it can topout at the previous high @ 11341. if it breaks down 11165 then it can trade below the neck line placed at 10880. Upside target : 11243, 11300, 11341, final 11377 downside target : 11111, 11055, 10880 , if the neck line is broken then the direct target will be 10580 and 10551 which is 1.618 level and...
Nifty Making HH & HL continuously showing strength Now we are at Distribution zone where selling was emerging since 22 July . after that we see a slight retracment towards 10890 levels now again we are at top of that distribution zone yesterday was a gap up which didn't hold -----its weakness as we were in distribution zone will think of shorts only...