Its an mixed bag view for nifty for few weeks as of now, its creating head and shoulder pattern in daily chart, in weekly it has created a shooting star at the top! these are bearish signs. for this bearish view to get negated nifty needs to close above 22620 level. along with this on short term it looks like nifty will touch 21350 odd levels in the coming week...
As we have discussed in our Video, Nifty is trading at its 200 EMA in 1-H TF, which has been providing very nice support. PCR = 1.24 (Highly Bullish) Important Levels: marked on chart Support: 22000 , 21930 Resistance: 22164, 22428 Verdict: Bullish Plan of Action: Sell 22164 CE & 22000 PE. Exit one leg if it breaks the zone. (hedge with 20/- PE)
As we have discussed in our Video, Nifty is trading at its 200 EMA in 1-H TF, which has been providing very nice support. Important Levels: marked on chart Support: 22050 , 21930 Resistance: 22164 Verdict: Sideways Plan of Action: Sell 22000 CE & PE. Exit one leg if it breaks the zone. (hedge with 20/- PE)
Hello Friends, Welcome to our Case Study of Nifty with Elliott Wave Prospective. In this analysis, we'll be taking a closer look at the Nifty index using a powerful tool called Elliott Wave theory. Think of Elliott Wave as a way to uncover hidden patterns in the market's movement, a bit like solving a puzzle. Imagine you're on a journey to understand where the...
Nifty is holding support at a crucial level of 18,650 . Follow @piyushrawtani for daily updates! Cheers
Nifty analysis Time frame :15 minutes Analysis :Moving average 40 is outside of the trend line .So, if the red candle closes below the moving average 40, then we can place a SELL call below that closing red candle. For example, if the candle closes at 17684, then we can place a SELL call at 17680 with STOPloss 17788 and we can expect a target up to 17440 with...
Nifty / Bank Nifty both are consolidating near the highs of last week. And a break to the upside can be anticipated in the coming few days as we can see a relief rally of 200-250 points . Longer term outlook remains bearish. Follow @piyushrawtani for more!
After volatile session the whole week , market might trap the sellers in the coming week with some short covering rally . Longer term outlook remains bearish because of the uncertainty all over the world markets. Follow @piyushrawtani
#NIFTY #bankNIFTY #tradingstrategy #tradingcourse #tradingclasses Nifty is on crucial point. Check where it tends to move Upward or Downward. HOPE our analysis is adding value to your site trading Journey. If yes, Hit like button or boost our ideas. Thank you. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT...
Nifty & banknifty Prediction 9 march Expiry Banknifty -42000 Resistance shorting level nifty 17800 - resistance #nifty #banknifty
We might be seeing this after a very long time in both nifty and bank nifty and it is not good. 7 continuous red candles in both the indexes show signs of weakness and lower prices in the coming days. Follow @piyushrawtani for more trading videos. Cheers
Nifty is expected to be sideways for tomorrows expiry after a decent bull run. Long term outlook still remains bullish with overhead resistance at 18,350-600 . Strategy and important support and resistance areas for nifty is discussed in detail in the video. Cheers!
Market closed at 17894. We can see 1 Gap is pending (17990) & another Gap is below at (17389). In between that i have marked Important Support at (17754) & if this has taken out then market will try to fill the Gap which is 17389 slowly & gradually. Conditions: Market 1: If we see 17990 was taken out with huge gap-up opening then need to wait for at least 15...
NIFTY has been moving as per expectation for this expiry . Now the downmove also seems to be slowing down with a falling wedge formation underway. Prices back to the breakout structure is where we will be planning our long entry with the confluence of a wedge breakout . Follow @piyushrawtani for more Best!
NIFTY after a superb rally is now consolidating and now tried to break the highs for the third time and failed. Expecting a sideways to down movement to catch up with the average price. Important levels mentioned in the video. Cheers!
NIFTY showing signs of bullish momentum after a good breakout on Friday's last hour , 15,500 remains a crucial SL level for the long trades in NIFTY. Expected levels to be tested in NIFTY will be 17,800-850 range . So we can create a long position on pullbacks with the SL and Targets mentioned . Follow @piyushrawtani for trading ideas daily =)
Discussing important levels and trading plan for MARCH monthly expiry in NIFTY. Follow @piyushrawtani for more ! Cheers!
Discussing trading plan and important levels for NIFTY for this weeks expiry. Levels mentioned in the video. Cheers!