1. On 16th Nov 2020, I wrote in my weekly blog on nifty regarding the movement of price in trading plan section is quoting as proof of my statement" A green line is made upside which if taken out in both time frames 15 Min & 1 hour will give you more upside move. On the contrary, it could not take out then get ready to see...
In this 15min chart wave (iii) started from 11756 not even retraced 23% yet so may be wave (iv) is running and wave (v) will start on upside after completion of wave (iv). 12678-12502 is immediate support range and nifty if trades below 12502 then only negative.
In this 1hour chart it looks like a three wave move and it can be abc or 123. So nifty is in positive zone as long as trading above 12417 which is 38% retracement level.
12626-12417 is immediate support range and nifty negative only if it trades below 12417.
1. O 7th of Nov 2020, I wrote In my weekly blog on nifty is quoting to understand the move of last week. " A blue line is seen in fig. if this is taken out in both a time frame of 1-hour and 15 min then you will see further move but I would not be convincing from that It might travel 150 to 200 points ultimately trapping bulls...
1, On the 21st of November 2020, I wrote in my weekly blog on nifty about two lines with the same condition for each line in trading plan section point no.1 is quoting for your consideration as proof of my statement. ". See in fig I made a black line as resistance if it is taken out in both time frames of 15 Min & 1hrs then you...
each levels act as support and resistance , one can trade on 3min, 5min, 15 min as per their trade setup. for reference one can check today's levels that how it worked. link below. #Learn_Apply_Grow
NSE:NIFTY each levels act as support and resistance. one can trade on 3min, 5min, 15min. for reference one can check old published ideas. it has given massive profit today so check today's level levels of 25th November. link below
each levels act as support and resistance , one can trade on 3min, 5min,15min as per their trading setup. for reference one can check old published levels that how it works. this can help you in intraday.
Nifty is at all time high Its PE standing at all time high of 34 + so it become obvious to think that a coorection is waiting in the wonb of future. If it breaks the resistance trendline successfully we can see a sharp upside rally further.But if it correct from here the correction will not be slow it would be fast ,so hold your seat and be ready for a dip
In this 1hour chart wave started from 11535 is sharp and steep and created gaps so i have given Alternate wave count.
If its wave (v) then 100% projection is coming at 12770 and wave (v) above 100% is rare case so if nifty trades above 12770 the we will consider Alt. wave count.
In this 1hour chart it seems wave (i), (ii), (iii) and (iv) is completed at 11305, 11181, 12025 and 11535 respectively. And from 11535 may be wave (v) started and already achieved its 38% projection and almost near to 61% projection. so now we need to be cautious on buy side.
The only confusion in this chart is the speed of wave (v) from 11535 is sharp and...
Posted this daily chart idea on 17th oct. and we are near to minimum target. so we need to concentrate on the bounce from 10790 to find out top.
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.