Nifty Intraday analysis || Sell #Nifty50
Worrisome street eventually gives up in panic ending the week in negative major indices. Nifty ends 300 points lower while the Nifty bank ends down by 2000 points. As mentioned last week both the indices were our short candidate, seems no respite for the banking sector as RBI too was not able to convince the street. Ideally suggesting there is more panic coming...
NIFTY SHORT ENTRY 11466 ,STOP-LOSS 11511, TARGET PRICE 11344. NOTE : CONSULT WITH YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION.
Nifty has an immediate support zone at 11500 -11490, followed by 11469 and 11423 levels. Please remember to protect your leveraged long positions with a stop loss at 11423. Bulls can feel comfortable only if 11548 and 11570 are breached on the upside, the zone between 11490 - 11570 is a no trade zone, keep patience. Other short-term indicators are not...
In Nifty we can witness a selling pressure on current levels....selling on rise will be a good bet....possible levels are 10855-10789-10676.....respect risk....happy trading
NSE:NIFTY nifty formed bearish engulfing rally will be above 11120 support will be 10920 RSI is also in channel
Nifty is likely to push higher in early trade just to complete its final stage of W V/Y/4.....shorting on higher levels of 11155 will be ideal....Respect Risk.....Happy trading
Nifty Buy Above 11142 Stoploss 11095 Target 11230-11300 Reasons for trade-1.Price near to important resistance of 11127 2.Price has formed strong candlestick pattern on weekly chart 3.On daily chart price has formed HH and LH pattern 4. Risk Reward 1:1.5
ghstocktrading.webnode.com NIFTY 50: WEEK-TECH-SHEET->19th August 2019 to 23rd August 2019 Nifty 50 moves around -509.75 pips from 19th August 2019 to 23rd August 2019, in which nifty 50 break last week 12th August 2019 to 16th August 2019 top 11145.90 as well as bottom 10901.60.
NIFTY TRADE STUDY IS BASED ON SPOT RATE PLEASE ADJUST FOR FUTURE LEVELS CONDITION:- INDEX SHOULD CLOSE ABOVE 20-DMA @11111 A CLOSE ABOVE 1140 IS NEED FOR CLOSING ABOVE SUPPLY ZONE RESULT:- IF THE ABOVE CONDITIONS ARE MET NIFTY WILL TEST LEVELS OF 11255-11332-11358 NIFTY WEEKLY VIEW WILL BE POSTED ON FRIDAY
One can go long on Nifty based on this price pattern with an sl at 10900 with a target of 11600. The bottoming formation is done.
following Indian market downfalls nobody expecting easy relief although Nifty 50's all stocks are in negative since July. the big trader is bleeding hugely and they're pretending there's nothing bad and all good some are blaming the government and some are publishing apologize letter to their investors on social media. the damage is real things may change but it...
Finally the bulls seem to be having their way after weeks of mayhem on the street by the bears. However if this is for real or no would be a crucial point to watch in the coming week. The Nifty and Nifty bank bounced back from demand zones of 10863 and 27840 respectively, as mentioned in the last report. Intervention from the government helped the Indian markets,...
In channel resistance we can short nifty also the targets are given below. If it is not reaching the first level of target then it will start to rotate price. Also the price can be pushed upward near control price so don't go for buy and trap yourself.
ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->29th July 2019 to 02nd August 2019 NIFTY IT moves around +440.35 pips from 29th July 2019 to 02nd August 2019, in which nifty IT break last week 22nd July 2019 to 26th July 2019 top 15645.70 as well as bottom 15265.35.