NSE:NIFTY 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade...
Always remember option is a zero sum game, so please follow strict stoploss, never trade option buying without Stop loss, or hedge position.
Please follow levels , Step by step , we uses RSI 65, It clears most of the noises.
Please follow levels , Step by step , we uses RSI 65, It clears most of the noises.
Nifty is looking strong on the weekly charts and the recovery on the last trading session is looking positive too. It has closed around 38.2% fib level. If the market gap up there are chance of a W pattern above 21480, it can test 21550 levels. Wait for a hourly candle close above or below the levels. As good intraday targets can be achieved in the...
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...
"Good morning, friends🌺! As of December 5th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows an extremely bullish trend. It might open with a neutral to slightly gap-down, considering the GiftNifty value at -20. Regarding yesterday's structure, despite a significant increase during the last...
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....
structurally, we can anticipate a rally continuation if it breaks today's high. We can expect a correction only if it breaks the 38% level. In the meantime, the market might undergo some consolidation."
Nifty major levels. Support :- 19830, 19730, 19670 Resistance :- 20010, 20135, 20200 The index has closed above the resistance level of 19850. There are high chance of market going bullish as the major resistance has been breached. Wait for the price action near the levels before entering the market.
I think the monthly High is settled for Nifty. From here I am expecting lower prices. I am aiming for 19414
Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Nifty Spot Price : 19443.5. India Vix Spot : 11.04% - Nifty Daily Range : 19331 To - 19556 See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point. Second By Second Change The...
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,...
Nifty after a selling has recovered upto 50% fib levels. The market has formed a baby mother candle on the weekly charts and it still trading below the 20 ema. Markets are not doing much during the trading hour as there is a gap up and consolidation during the trading session. On the hourly charts the market has been trading in a range of not more than 60...
Nifty has formed a red candle on the daily charts and is trading between both the moving averages. It is showing a bearish trend on smaller time frame, also forming a fall wedge pattern. If the market starts trading below 18900, there will be a huge sell off as the low will be cleared and support will be around 18720. On the hourly charts, the market has been...
Nifty has continued the fall closing 160 points lower and breaking the major support level of 19250. It has formed another red candle which shows the sellers participation. On the hourly charts, the market consolidated in the initail hour following a 150 point fall instantly below the support levels. Now the market trend is good for a bearish traders and option...
Nifty has given a nice fall on the daily charts and took support from the major support range of 19230-250. There is a nice bearish candle on the daily chart and market is trading below the 20 ema. Chances are of market testing the 200 ema. On the hourly charts, there was a consolidation in the first half of the market and in the second half the market fell of...
Nifty has been taking support around the round figure number of 19500 and has formed a kind of tweezer top on the weekly charts. The market has been volatile and still confused in deciding the trend. It has closed below the 20 ema on the daily charts. There is an inside candle or a halt candle after a gap down opening. Market has been consolidating in a range...