Niftyoutlook
** NIFTY ANALYSIS & PREDICTION FOR TOMORROW - 1 JUNE **Look for 4% of your capital .Be Consistent , Courageous and Displined.
Nifty for tomorrow – Gap Up or Gap down after then Positive OR NEGATIVE and might be Flat and Range bound.
Nifty Next Key Levels –
Resistance zones: provided in the video
Support zones: provided in the video
THANKS FOR WATCHING THE VIDEO AND PLEASE DONOT FORGET TO LIKE AND FOLLOW MY CHANNEL.
If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
Nifty Elliott wave analysis for 23april 2021In this video i have explained 1hour chart which suggesting complex correction is going on from 15431 and may be it is completed as triple zigzag correction at 14151 or still continue. 14280-14360 was an immediate resistance range and nifty closed above that range. now this same range will act as a support range.
In 5min chart as of now its looks like a three wave move from 14151 to 14425.
14379-14351 is an immediate support range in 5min chart and if nifty trades below 14351 which is 38% retracement of (c or iii) then it will turn in to negative again.
In Bank Nifty daily chart 33625-31098 is an immediate support range where banknifty is hovering around 31098 which is breakeven point for bank nifty. as of now its above that level.
In 1hour chart 31835-32719 is an immediate resistance range and positive only above 32719.
For immediate move if we see 15min chart of bank nifty then there are immediate support range and resistance range explained.
Thanks for watching
Nifty Elliott wave analysis for 19april 2021In nifty 45min chart from 15431 to 14249 its looks like a corrective decline as of now.
If we see the internal structure of this decline then its looks like a Triple zigzag correction where,
15431-14468 1st abc
14468-15336 Link wave X
15336-14264 2nd abc
14264-14984 2nd link wave
14984-14249 3rd abc
From 14249 bounce is already started and we need to see whether its a sustainable bounce or not. for that lets check its internal wave count.
From 14249 wave (a or i) and wave (b or ii) is completed at 14449 and 14353 respectively and from 14353 wave (c or iii) is running and in (c or iii) wave (1), (2), (3) and (4) is completed and from 14585 we may see bounce as wave (5). Projection of that wave (5) is coming at 14714-14793.
14610-14561 is support range for nifty and if it trades below 14561 then it can turn negative again.
after achieving 14714-14793 retracement range will be change accordingly.
**NIFTY ANALYSIS FOR THE DAY **If you cannot make money while you are sleeping then probably you have to work for the whole Life
Nifty DAY Outlook – Bullish on 5 min Time Frame
Market’s Next Key Levels –
Resistance:
R1: 14609-14665 R2:14787-14806
Support:
S1: 14458-14403 S2:1310
Points to Look Out –
1. Bond Market.
2. Global Market.
3. Rising Covid Cases, And Inflation
4. Trade keeping in mind the Price action With Levels.
My Opinion : On tomorrow 8 am please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
** NIFTY WEEKLY VIEW **If you cannot make money while you are sleeping then probably you have to work for the whole Life
Nifty April Future Outlook – Bullish on 45 min Time Frame
Market’s Next Key Levels –
Resistance:
R1: 15932 R2:15051 R3 15336
Support:
S1: 14670 S2:14516 S3 14264
Points to Look Out –
1. Bond Market.
2. Global Market.
3. Commodity Market.
After 3 days closing market is opening tomorrow there will be a Huge Theta Decline. Be aware of it.
4. Trade keeping in mind the Price action With Levels.
My Opinion: Market is bullish for next couple of trading sessions. If you trade future its o.k. If you trade options be aware of theta, gamma, vega and delta
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
Nifty - Support and ResistanceJust be a consistent trader not a loser
Dont look for 100 % a day just look for 4% a day.
Entry and Exit should be Quick
Secret of a Trader like me : Book your profit or loss whenever your stop-loss or target is achieved respectively. Be patient , Market will give you opportunity.
“The stock market is designed to transfer money from the active to the patient.” - W Buffet
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.