Niftylong
Nifty long with great RR. One can go long on Nifty based on this price pattern with an sl at 10900 with a target of 11600. The bottoming formation is done.
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!
nifty in counter trendWe can go for buy in nifty above today's high. Target is channel resistance. From channel resistance we can short or open below control price we can short (confirmation in candle needed)This for tomorrows view.
Nifty Bullish Bat @in_tradingviewNSE:NIFTY
Bullish bat is forming bounce is expected from this level
bounce till 11330 11460
closing above 11720 will start rally
Nifty Small Pullback is possibleNifty (Spot) Buy Near 11540 Stoploss 10490 Target 11640- 11700
Reasons for Trade- 1.Nifty has formed bullish candlstik pattern on daily chart
2. Excess buying is done near to 4 hour trendline 4th time
3. Price has closed above the 4 hr as well as channel trendline support.
4.Small Pullback is expected after 3 days fall
5. Risk Reward is 1:2
Nifty More Selling is PossibleNifty Sell Near 11830-11840 Stoploss 11900 Target 11700-11650
Reasons for Trade-1. Nifty has formed strong bearish candlstick pattern on daily as well as Weekly chart. 2.Price closed below important support of 11880 on daily chart. 3.on 15 minute chart price closed below 50+200 EMA 4.Price is ready to break the 15 minute trend line formed on 19th june 5.Risk Reward Ratio is More than 1:2
Nifty May See Profit Booking TodayNifty Sell Near 11870-72 Stoploss 11905
Target 11830-11810
Reasons For Trade- 1. Price took resisstance Near IMP level of 11900. 2.On 1 Hour Chart Bearish Candlstick pattern is formed. 3.Excess Selling is started on 15 minute chart from 11900 resistance. 4. Risk Reward more than 1:1.5
Nifty Bulls are inNifty Buy Between 11750-11740 Stoploss 11695 Target 11850/11900 Reasons For Trade-1.Nifty Has given channel Breakout on 15 minute chart as well as on Daily Chart. 2.Strong Bullish candlstick pattern formed on daily Chart.3.On Daily Chart Candle Has closed out o the channel. 4 Price has taken strong support on daily chart on 50EMA. 5.Risk Reward Ratio is 1:2
timeCycle, Tail, future projection, new fair value on NIFTYTimeCycle will help you to verify the target for a time. If everything is normal then NIFTY will take turn tomorrow on downward.
Pivot level is upside and buyers can take its benefit for profit booking.
Hit LIKE button for ALERT you, when to SHORT SELL?
Nifty Elliott wave analysis for 26th june 2019Decline from life time high 12102 is seems to be corrective and looks like double zigzag in which 12102-11770 as first abc, 11770-12000 as X and 12000-11625 as second abc. Now If correction is completed at 11625 as double zigzag then we will see new high above 12102 OR pattern could also turn in to Triple zigzag(In which one more low below 11625 is possible from 11870-11921 range). As of now nifty needs to bounce in the range of 11870-11921. and from there we will see further possibilities which explained above.
NIFTY 50: WEEK-TECH-SHEET->17th June 2019 to 21st June 2019ghstocktrading.webnode
NIFTY 50: WEEK-TECH-SHEET->17th June 2019 to 21st June 2019
Nifty 50 moves around -218.95 pips from 17th June 2019 to 21st June 2019, in which nifty 50 break last week 10th June 2019 to 14th June 2019 bottom 11797.70.
NIFTY | Chart StudyNIFTY is trading in a falling channel as we could observe from the chart. Immediate support lies at 11615. Fibonacci extension (1.618) of previous upswing between 11769.5 and 12000 (as marked in chart) falls at 11626 which more or less comes in at same level.
Technically, even though we could see patterns like Head & Shoulder and Rising Wedge whose targets run well below 11615, there's a very good chance of a bounce from 11615, at least temporarily towards 11770. Hence, from Risk-Reward perspective it is favorable to go long at 11615 levels with tight stops say, a bit below the round number 11600. Shorts that are being carried from higher levels could exit at 11615 and re-enter once 11600 is breached.
If 11600 is broken the index could fall swiftly towards the target of Head & Shoulder and Rising Wedge patterns.
(Note: Charts with Head & Shoulder and Rising wedge patterns and their targets are attached below)
NIFTY | Rising Wedge pattern spotted Rising Wedge pattern observed in NIFTY. Pattern looks to have confirmed suggesting a bearish outlook. Target depth of wedge is around 420 points. With confirmation of pattern occurring at 11950, Target of the pattern comes in at 11530. Though, a retracement towards the pattern cannot be ruled out. Also be aware that 11616 could offer a good support.
