Nifty has made a range,upon either side breakout or breakdown,we will take position accordingly.
Nifty is currently trading above the pullback rally on stoploss hunting zone. if it closes above 10960 on a weekly chart then the bull can continue if it closes below then we can see another blood bath in coming days
Nifty50 is weak and falling facing resistance at a higher level. However, if it holds 10630 levels, then you may witness 10800 followed by 10900. So, my personal view is to go long if Nifty50 holds 10630 with an SL at around 10550 levels. Risk- Reward is also good. Happy Trading! Akme Analytics
As the central banks are pumping money in the economy but due to pandemic most of business are going bankruptcy, many people lost jobs, people have fear so they are spending money and their first priority is saving. So after researching so many criteria, I am predicting crashes into global stock market. and next bull run may lead us to 25000 INR might be the top.
Nifty has made a rising wedge upon breaking this rising wedge on either side will give good movement, Rest Everything is mentioned on chart.ENJOY :)
Nifty can trade in a bearish trend till 10400
Finally Nifty 50 has reached the target of 1.618 level and from the current level we can expect another 100 to 150 points upside for a STOPLOSS HUNTING
Hi Traders, 1. Let us compare my previous post statements with real price moves in two days. In point no. 1 of the trade plan I mentioned is quoting for your consideration."If taken out in 15 min time frame then the price will move to the red dotted line . in case this line is taken out in 15 min then the blue upper line is the target. Green arrow...
Nifty for long term target 11000/- once it starts trading above 10400+ with stop loss 9950/- Note- its not applicable for weekly expiry only for monthly expiry/ long positions.
Hi traders, 1. Let's compare my previous statements on 25th June 2020, with today's real move. I mentioned in point no. 1 of trade plan is quoting for your consideration "If price takes out red support line with white trend line in 30 min time frame then short can be initiated with the target of green-blue lower end of this zone. Tomorrow can be...
Till the pattern break at either side of the parallel channel or symmetrical triangle line it is expected to trade in a range bound currently trading at 1) monthly trendline (yellow line) 2) weekly close and high low (purple line) 3) parallel channel 4) symmetrical triangle (white line) 5) Fibonacci level
The earlier given target has reached with 1.618 + 50 points stoploss hunting now look bearish to touch the next support which is again 1.618