A rounding bottom pattern gets activated if we can get a daily close above 20000 in NSE:NIFTY . Initiate the long trade as per the levels mentioned on the chart Stop loss will be on a weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish rounding bottom Chart Pattern Technical Indicator :- Positive MACD Crossover
NIFTY has clearly broken a cup pattern and sustained above 20000. Play with no upper target. SL below 20000. Round number and important level breakout. RSI over 70. Simple.
Nifty Analysis Recap from yesterday “On the 1hr TF the W pattern worked out quite good. The next 2 resistance points will be 19786 and 19852 if we are continuing the breakout rally. If we were to fall the first support will be the resistance we just broke i.e. 19678 followed by 19581. For tomorrow I wish to continue my bullish stance unless the first support of...
Nifty Weekly Analysis You may not believe that Nifty has added 444pts ~ 2.31% between the last expiry and today. The bulk of the moves came on 1st Sep and then today. On the weekly timeframe Nifty just broke out from the bullish flag consolidation formation signalling further fire power ahead. Will the global markets play spoilsport is the only question here. ...
Nifty Actionable Level's #Current Price -19423 Good #Resistance -19448 Strong #Support -19257 #Target we can expect -19487 to 19584 if break up-resistance level #Target we can expect -19377 to 19257 if break down-support level Execution trade should be above or below resistance / support 15 mint candle! Alerts ‼️ 🚨 This is only for educational...
Nifty Important levels to Trade. Proper Buying and Selling levels are Established. Do-not Initiate your Trades In-between the levels and be on Loss Side. Wait for price action at Proper Supply and Demands Zones to Initiate Trades
This is for awareness purpose, do not take this as an investment advice. Guys! mark these levels and trade these levels. Nifty is forming a Head and Shoulder pattern. Let's wait for a day or two for confirmation. If confirmed, it can touch the 18640 level which is a crucial support. If breaks this level it can go up to the 18000 level. Let us connect and discuss...
Hi All, I already posted an idea with 15 minutes. I will give reference below. If we see in 1 hour from 27 Jul this pattern is getting formed and rejected multiple times at upper trendline. If we draw inverse head & shoulder pattern touching with the trendline we can see breakout has happened already today. If this retests target is previous all time...
Nifty important intraday levels to watch for 07-07-2023 #Support: 19485 Short if candle closes below 19485 #resistance: 19550 Long if candle closes above 19550 #Targets on downside after break of support. Target 1= 19440 Target 2= 19380 #Targets on upside after break of resistance. Target 1= 19660 Target 2= 19730 Remember each level will act as a support...
Hello Everybody, I am back with yet another Head and Shoulder pattern - long opportunity. Look at the Nifty 50 chart at 15mins time frame. you are going to see the H&S pattern once again. You know what this means—a long opportunity! TGT = Depth of the head SL = Low of Right Shoulder Long term TGT = recent swing high I am going long... PS: Post for analysis...
Nifty Aug Series Expecting Low is done today (03.08.2023) 19296 Day low is hold not closed below today low then Possibility bullish to side waves Note: Not close below day low Note:Educational purpose only .
Bullish Gartley Buy PRZ - 19460/19515 SL - 19380 Target - 19640/19700 Try To Buy Near 19460 If Get Opportunity
Nifty 50 Daily Analysis! Trinagle Pattern formation in Nifty50! Triangle Pattern Breakout in Nifty50! Nifty50 formed a Triangle on a daily Timeframe. Today It has given breakout and closed above the resistance trendline. We can expect further upmove in Nifty50 in upcoming trading sessions. Rest of all Analysis is on the chart please take a look. Entry = Depends...
I became a believer today, amazing outperformance by our stock market indices, Nifty50 hits a new all time high of 19512.2 (conquering the 19500 level for the first time). At 19350 levels I had an interim top call & the market has proven me wrong (yet again). Today's super surge is nothing short of extra ordinary, the global cues were pretty negative after US FED...
I had a feeling that we are nearing a top after seeing the price action on 03 Jul. The 4th Jul session was also cementing that thought. And today's session till 14.35 was giving me lot of confidence to take a short position. But what happened from 14.40 to close, esp. 15.500 to 15.10 was simply unbelievable. Nifty rose 0.42% ~ 81.3pts to end the day flat at 0.05%...
NIFTY50 Daily Analysis! Head and Shoulder Pattern Formation in NIFTY 50! Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting! NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice...
Monthly squeeze settings up and firing long on Nifty Index Nifty has been in a 2 year consolidation patterns and finally looks strong It reversed back from 18900 last time as it was overbought - this time its not. And almost all market gurus are pessimistic and forecasting lower Nifty levels Buy September 18000 - 19000 call spread for just INR 400 (thats...
Hello Friends Here we had shared possible Elliott wave counts on hourly chart of NIFTY, in which we can clearly see that currently we are in impulse structure and as per counts we can say that after bottom of June 2022, we have started fresh impulse up move, in which we had completed wave (1) and (2) and now possibly we are in wave (3), which can be at least...