niftyoutlook

Stocklinedirect

Nifty, Two possible scenarios, range-bound or downtrend. In any case, a breakout above 11925 the next resistance will be 11970-12000 On the decline, support will be around 11820-11720 in short term. ... If you like, just hit the thumbs-up button or comment and share. . Updated on : 27-Oct-2020 12.00pm Disclaimer: Only for learning purposes. - Nse Intraday Stock...

yvatsji

Hi Traders, 1. On 3rd of October 2020, I wrote in my weekly blog of nifty about the boom you saw in nifty in point no.2 of the trading plan section is quoting as proof of depth in precision marking with just two support and resistance in a very simple way without any indicator, not even volume. " On the contrary, if the hanging man is not activated then...

chirag_Khasiya

In daily chart from 7511 wave (1), (2), (3) and (4) is completed at 9039, 8055, 11794 and 10790 respectively and from 10790 wave (5) is started and projection of wave (5) is coming at 12426-13437.

yvatsji

Hi Traders, 1. On the 26th of Sep 2020, I wrote only one condition in the trade plan section in my nifty blog. That is quoting for your consideration as proof of price 99% changes its intermediate trend from these arrows. "If the price takes out the red zone in both the frames then the trend will change to the upside. On the contrary, If the...

chirag_Khasiya

From 11181 we are considering wave (C or 3) so as of now nifty is in positive zone and 11734-11628 is an immediate resistance range. And nifty if trades below 11628 then only negative.

Aayushjain_

Nifty has broken its strong Support Tl1 and its currently at its retest, the fact that second wave of covid that has started in UK might be one of the reason for this shake down But following Technical analysis I can say its weak for upcoming sessions, Moreover there is a common Gap at the bottom that is still left to be filled. The entry points are given along...

chambalabs

1. Nifty OHLC are below yesterday, after lots of consolidation - Bearish 2. The candle is green - Not Bearish, But with long upper wick, closing just below the yesterday's low - Bearish signs 3. MACD has crossed over Bearish. 4. With SL at 11770 and target 11305 - It seems like good Risk Reward Ratio 5. However, It clearly has taken support at 11618 level, which...

EntryandExit

I hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed...

MohitArora

TRADE SETUP ! FLAG CHART PATTERN ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 6-8 times .

chirag_Khasiya

In monthly chart wave completed at 6357, wave completed at 2252, and in wave may be 5th wave is running from 7511. 38% projection of that wave (5) is already achieved but it is below earlier high and 61% is coming at 13598. so wave (5) completion range can be 12428-13598.

Kruti0210

This is a Flat Structure where we have Waves A and B completed and now Wave C which is a downward Impulse forming; so for now you can forget buying; it should bouce in our Supply from the Demand drawn as per the dotted lines and then Nice fall I have also mentioned the target in the downward direction;

chirag_Khasiya

Nifty has closed below support range so first 15 min of opening will be very important to watch. Negative only if trades below 11700.

velmunis

NIFTY is trading in a rising channel at around 12000.00 key psychological level and formed a double top formation which is a clear sign of bearish trend. We can expect short term retracement towards 11625.00 which is a previous high turned support level and the next primary target would be 12400.00. If the 11625.00 level was broken then the immediate downside...

chambalabs

Today was a Red Dorji, with closing above yesterday's closing - a clear cut sign of indecisiveness. It might be spinning tops for the next few days. Avoid going long or short or take hedged trades. Wait for the trend formation before taking trade.

bimalscave

Analysis based on technical parameters(NO NOISE) Today nifty with a gap up crossed 12000 marks however failed to sustain which implies at higher level interest is declining....whatever, for tomorrow nifty may go into distribution phase and commence with its down trend...as mentioned in yesterdays post,a irregular pattern is corroborating and may make deeper pocket...

CodeViser

Good Morning friends, Nifty is damn bullish and given an awesome run in upside move since 2 weeks. Momentum and direction both are strong in upside and Index can make a new all-time high in midterm but the Problem is we are the Intraday trader and buy or sell both are our position because of the nature of the Trade so let's talk about today trade. The main...

amitsamar

Nifty is unfolding in a five wave advance from the lows of 10790 where it completed wave4 , within this five waves of the fifth wave it is currently in the third wave of one lower degree and its projected target comes around 12060-70 odd levels which will be 1.618 times wave one of the same degree. Support is placed at the lower end of the channel around 11800 -...

EntryandExit

I hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed...