#NIFTY VIEWYesterday we witnessed much volatile day, sharp upside and then a sudden fall. while upside most of the trader has trapped but those who were looking on 15 min candle it was clearly indicating a fall but nobody has expected the sharp fall.
@MONDAY
Now what is going to happen on Monday.
Still I am looking for a bullish day, Yesterday we saw a sharp rejection from the lower levels 11190 which was weekly support and later almost candles has formed lower shadow, which is indicating an upside move. Now if Monday it holds 11361 then we can see upside move.
Niftylong
NIFTY Setting up for a BULL RunNifty is showing support @ previous Highs as mentioned in the charts.
This looks to be a potential reversal zone.
RSI rising >50 is a good sign. StochRSI is looking to be making a crossover.
This is the earliest signs of reversal, (ultimate confirmation is yet to happen) from the bottom so please keep your positions light. Will update when position sizes can be increased.
SL is marked with the red line ie: 11065
Points of resistence are the green horizontal lines.
This is the daily chart. Give it some time to act.
Date: 9th october 2018
CMP: 11232.
Managing your risk is your own task and I cannot help you with that.
Trade safe and sound
NIFTY - Long | ShortNIFTY 50 can be long above given green line
and NF can also be shorted below red line
We have to wait for 15 min candle to close above or below these important levels,upon successful breakout/breakdown,only then we will enter!!
SL - Above/below blue line depending upon breakout/breakdown respectively.
#NIFTY
#NF
#NIFTY50
#NF
For more details,contact us through Personal Message :) ENJOY !!
NIFTY - Long | ShortNIFTY 50 can be long above given green line
and NF can also be shorted below red line
We have to wait for 15 min candle to close above or below these important levels,upon successful breakout/breakdown,only then we will enter!!
SL - Above/below blue line depending upon breakout/breakdown respectively.
#NIFTY
#NF
#NIFTY50
#NF
For more details,contact us through Personal Message :) ENJOY !!
NIFTY - Long | Short NIFTY 50 can be long above given green line
and NF can also be shorted below red line
We have to wait for 15 min candle to close above or below these important levels,upon successful breakout/breakdown,only then we will enter!!
#NIFTY
#NF
#NIFTY50
#NF
For more details,contact us through Personal Message :) ENJOY !!
Understanding Fibonacci levels on NiftyAfter the massive rise on Friday, the Nifty has turned positive on all Indicators.
Nifty closed above 11200 which is a major trend reversal level, 11218 - 11190 range can be considered as a first confirmation of weakness (maybe leveraged longs can be squared off once this level is taken off, on the down side.
Based on Fib levels 11117 can be the considered as another level of support for the bulls, fresh longs can be created once Nifty tries to attempts a recovery around this.
11035 will confirm weakness, and only short trades can be taken below this level.
On the upside, Friday's high i.e. 11381 is the first hurdle, crossing this will confirm further momentum on the up side.
Closing above 11200 for two more sessions will strengthen the bulls and open doors towards 11500-11600 llevels.
Beyond technical analysis, it is possible for the Nifty to breach 11500 within next 2-3 trading sessions.
But downside protection is always important for all trades.
N
BANK NIFTY: WEEK-TECH-SHEET->19th August 2019 to 23rd August 201ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->19th August 2019 to 23rd August 2019
Bank nifty moves around -1908.30 pips from 19th August 2019 to 23rd August 2019, in which bank nifty break last week 12th August 2019 to 16th August 2019 top 28358.85 as well as bottom 27683.50.
BANK NIFTY: Breaks February Bottom: 26617.70
Nifty 50, Daily, Important Support and Resistance for this MonthNifty 50, Will be Heading towards 12000 again, trying to break 11200. If fails to break 11200 then next support at 10600. Small but Important resistance levels also marked in study chart.
This is my own study, please do your study before taking any trade.
--
Sanks90
Nifty has got support from 11K, enjoy retracement First Yay!! We have made 350 point profit from short position 11,460 to 11,010, we opened short from previous idea published on July 14th..
Nifty has supported got supported 11,000 exactly from where I said in my last article, so what’s next get long on nifty, first target 11,182 second target 11,282.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, that the only fee from You!