Niftylong
Dead Cat Bounce / Relief Rally..!? Nifty Outlook 8th to 12th OctLast week we witnessed some intense selling. Nifty Lost close to 800 points in just 3 trading sessions. Now what next...!? Normally after such intense selling there is a pullback or a dead cat bounce. Also some key factors in the coming week which can trigger a pullback can be Cool off in Crude Prices, USD INR and Improved Q2 earnings from heavyweights like TCS, HUL etc.
Coming to technicals, 10100-10180/200 is a demand zone (blue shaded region). Also 10200 is a support as per OI Data. Expect some pullback if these support levels/demand zone holds. Resistance Levels or Targets for Pullback are mentioned below(also marked on chart with yellow lines):-
*10400-420
*10540-560 (strong resistance)
*10600
*10750-60 (major resistance)
There can be a very short term uptrend so I wont advice anyone to add positional longs.
Note: Trading pullbacks in a falling market is risky. Market trend is Sell on Rise. Ideally shorts should be added at every resistance level.
Nifty - Policy Push / Harmonic Push - Long Term Investors@9950Hello Friends
13:50 Hrs - 5th Oct 2018
Last Price@10410
Analysis done on spot data ( New Members)
Profile status updated@09:30Hrs – 5th Oct 2018
Careful Long Term Investors - Traders can expect a short term bounce 10500 & Above.
Short Term Trading Strategy - Bullish Harmonic Crab Pattern
Look to buy the bullish crab and expect short term bounce in next week as suggested below / over the video.
Risky Traders
You can buy if it sustains and holds in the range 10400-10425 for below mentioned targets. Do not consider this pattern below 10390-10400 zone as suggested over the video.
Safe Traders
You can buy above 10500 – Next week after taking rest over the weekend.
Targets
Target 1 - 10675-10700 zone
Target 2 - Only Above 10750 if holds then 10825 -10850
Target 3 - Above 10850 for Destiny & Demand Zone 10900-10925
Target 4 - Above 10925 for 11000 – 11035
-------------------------------------------------------------------------------------------------------------------------------
Long Term Trading Strategy - 3 months to 6 months prior heading into 2019 Lok Sabha Elections
Taking out critical zone 10500-10550 –we expect deeper corrections in coming few months & heading into early 2019.
Key Support Zone
9950-10000
Critical Support Zone
7900-8100
-----------------------------------------------------------------------------------------------------------------------------------
Excited to share all the updates at one place & how fortunate to sell all the tops in 11760 to 10500-10550 critical zone as of 5th Oct 2018.
New Followers - All previous ideas & excitement which we shared together
Catching The Top at 11760’s
Catching the Top at 11600’s
Catching the Bounce 11300 to 11475 & Taking Rest at 11500
800 Points Target Reached at 10900-10925
Market opens – Magic Starts - getting the bounce from 10900-10925 zone
Destiny or Demand Zone 10900-10925
Destiny or Demand Zone Repeats 10900-10925
Do support & motivate me to come up with more such videos.
Next we cover most important stock update – Century Ply – Expected fall from 230-240’s to 135-155 zone.
Bulls need to protect 10750-770 or else it's *GAME OVER*Nifty is resting at support of 10820-50.
Global sentiments like Rising Crude, Depreciating Rupee, Rising Bond Yields and not to forget Trump threatening to impose sanctions on India are the major reasons of such big selloff.
These negative sentiments will shift Nifty lower towards its 200 days exponential moving average(DEMA) placed at 10770. As per Options chain support lies around 10700.
3 consecutive closes below 10750-770 can trigger a start of a Bear Market ending a long 32 months of Bull Run from January 2016 to August 2018.
Nifty Hourly - Pullback Possible above 11040Positive divergence in MACD and bounce from trend line support indicates of a possible bounce back. Expect good short covering if Nifty sustains above 11040.
For detailed resistance and support levels, refer to my under linked analysis of 15 Minutes Nifty Chart (Click on the chart to open)
Nifty Chart Study...Guys NIFTY make test previous high If Don't break new high keep watch...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
Nifty Possible Triangle (Elliott Wave)Nifty looks to have completed W.d of the Triangle which means one more leg down for W.e and then Impulse to the upside which should take it higher then the 11080 level.
We wait either for W.e completion to go long or a break above the Trigger Line.
SL remains below W.c low 10935.
Nifty Possible move (AB=CD Pattern)...guys NIFTY form AB=CD pattern keep watch and stay tuned for further updates...
All level mentioned in charts
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
Nifty Trend For The Week (18 Jun 2018 - 22 Jun 2018)Nifty has a strong support at 10550 levels where mid term Moving Average and Fibonacci levels are lying and strong resistance at 10930 levels where peak of May 2018 is lying. If Index manages to break these levels on either side than we can see 10300 levels on down side and 11200 on upside.
.
Message me for in depth report.
Nifty Chart Study....hi guys keep watching NIFTY take new action
There are no formal signals or shape, so wait for the best way
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
Nifty Closed below 100 moving AverageHi ALL
After a long time nifty closed at 10378.4(below 100ma) and immediate strong support for nifty is at 10066 (200ma). Market is expected bounce back from 10066(200ma)(turn to uptrend at 200ma). failing which further downtrend(20ma will cross 100ma) lead market to fall to the level of 9310.
Thank you
Raju