An indecisive candle has been formed with Low High and High Low. Currently we are in a no trade zone. The important levels to watch are R1-22,705.75 and S1-22,417.00 Also the price could be volatile in this range. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have a gap down opening and the price has made a strong negative candle. The price is in a strong negative trend. The probability on the down side is more than 60%. Also the price is entering in the compression zone. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
1. Abbott India has posted strong Q4 numbers signalling a good quarter for Pharma sector overall 2. The Nifty Pharma Index has shown a bounce back from 18400 levels today with potential to rally to 19200 or beyond to 20000 if other companies post strong results too in the coming days 3. Nifty 50 bounced back from 22000 levels too today 4. If both Nifty and Pharma...
Nifty Analysis - Stance Bullish⬆️ Recap from yesterday: "The 63mts TF paints another picture, a perfect triple top at the 22780 levels. A double top between 9th and 10th April and the third top today on 30th April." Nifty opened quite strongly, immediately recouping some of the lost ground in the last session. After cutting almost 50% of the losses, N50 found a...
#Nifty zone and levels for 9-2-2024... Zone coordinates are 21804-21787... Have a profitable day everyone... :)
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “We broke the 21491 support by 12.24. Just look at the strength of the candles today — 5 RED candles followed by a Doji. Our stance changed from neutral to bearish as soon as the support was breached.” 4mts chart The open was perfect - a good gap-down followed by selling pressure, but the 2nd candle gave...
If price break over 21060, then it may face strong resistance of 21075, above 21075 , price may gain good strong momentum and may reach to the level of 21130 crossing above 21095. As you can see here that bollinger bands made short squeeze, if it goes below 20994 then it will also break long trend, it can easily reach to the level of 20953, and then 20915.
Nifty Analysis Recap from yesterday: “I would like to see this as a breakout with a new higher high in the cards. For this to happen, BankNifty has to reclaim its ATH” 5mts chart link - click here For those long on Friday, it would have been a dream come true. 347pts gap-up open followed by a steady and healthy rally. We ended up gaining 418pts ~ 2.07% today....
hello guys Recently nifty was in a continous uptrend and formed a bullish descending broadning wedge Now the probable chance is to form a head and shoulder pattern from here lets see how things workout my prediction for head and shoulder is 60%
If trigger line crosses over 57.68, may reach 67.92, Option Price may reach 170-230 with a huge gap up. If trigger line crosses over 49.14, may reach 39.60, Option Price may reach 70-110.
Double trend in 15 minute chart one short another long, if short breaks it may take good support at 2nd one. if 2nd also breaks down it may go down another 120 points.
If trigger line crosses below 51.61, may reach to 43.85, option price 180-230 If trigger line crosses below 55.04, may reach to 43.40, option price 110-140
Nifty has been forming gaps as there are gap up for last 2-3 trading sessions and is trading above both the daily moving averages. On the hourly charts, the market seems to be consolidating in a range for last 2 days. A break out can give a nice rally and nifty has more chances than the expiry index tomorrow. Support :- 19330, 19270 Resistance ;- 19430,...
If trigger line crosses above 62.49, will reach to 72.72, in option price may go up 80-130 If trigger line crosses below 56.42, will reach to 47.95, in option price may go up 90-125
If trigger line crosses over 58.13, it may reach to 70.62, 160 to 200 Rs in option chart. (Including a big gap up). If trigger line crosses below 49.50, it may reach to 37.32, 80 to 110 Rs in option chart. (tough trade)
If trigger line crosses over 55.09, it may reach to 73.02, 160 to 200 Rs in option chart. (Including a big gap up). If trigger line crosses below 43.53, it may reach to 33.62, 80 to 110 Rs in option chart. (tough trade)
If breaks above -52.82 may reach to the level of 62.87, in option it may give you 60-75 Rs. if breaks down below 45.93 may reach 35.69 , in option 80-145 Rs.
Its Helpful & Useful For Newers & Beginners Of Trading... Learn & Earn With You Own... Nifty Spot Price : 19281.8 - India Vix Spot : 10.91% - Nifty Daily Range : 19149 To - 19414- Watch Option Strike : If Above Break Even Point Buy : 19250 CE Watch Option Strike : If Below Break Even Point Buy : 19350 PE Split The Chart In Your Mobile. Then View The Market...