Nifty Jet Planes are get ready to fly and current status on standby mode. Waiting for confirmation signal of breakout and whichever the breakout signal happen, particular jet plane will start to fly and mission target of 11000.
Watch the levels for breakout,
Breakout level 1 - 10325 ( Jet plane 1 on board )
Breakout level 2 - 10285 ( Jet plane 2 on board )
I...
MARKET ANALYSIS: The pair is now in accumulation period and if the market is able to break the all time high. We can see another 50 points rally to the next resistance zone. So lets wait and see what the market does in the coming days. Cheers!
After doing analysis, I can confirm that Nifty will settle around 10200 at the end of this year! The above pictures just sows the simple sample and prediction of my analysis, I haven't included any technical drawing on the above picture, because I have done the analysis on my personal charting tool!
TGIF Trade >>> Declines in Nifty pointed out earlier seems to be done , Nifty ADX and Negative DI are stretched quite a bit .One should look to buy Nifty with the recent low as the stoploss. Further the lower channel of the Pitchfork has also played a crucial part in arresting the decline.
Currently having main resistance at 9682. If it is not broken soon enough, their is high possibility of consolidation.
In any case I believe it has not hit the actual resistance, but their is time for it.
Trend Line breakout on Nifty and Indicators indicating Neutral bullish.
Trade Levels:
Level begin from - 9525
Level 1 - 9545
Level 2 - 9570
Level 3 - 9585 to 9595 (on Range)
Bull Shark pattern on Nifty (spot) but the price not yet fill the pattern so need to wait for completion of the pattern. Once the pattern get filled then bull shark will take over the price to upside. I am expecting to fall up to 9550 and pattern also get filled. This pattern gives you the signal to buy(long) only.
Levels of Nifty (Long)
Level to enter -...
