NIFTY will open flat or slightly gap down today. Important level for NIFTY in today's session are 18250 and 18320. If nifty starts trading above 18320 then there will be strong upside rally upto 18450+ level. Downside 100-150+ points possible if nifty fall below 18250 level.
Nifty looks bullish closing above the next day CPR levels.
Expecting a small gap up opening in Nifty.
Any pull back to CPR - 18200 support would be good opportunity to go long and sit for targets of 28330, 18385 and if that is taken out we can expect higher targets as identified on charts.
In case of gap up, if Bullish Breakout 18385 is compromised on upside we...
Nifty opened flat and after range-bound move until 2:15 it finally broke the range on the downside and we saw 120 points fall very fast.
Trades we took Today:
> Bought Nifty 18250 CE at 105 which made a high at 140 in just 5 mins and Traders booked great profit in this Trade.
> Bought Nifty 18450 PE at 170 which made a high around 199 and Traders booked good...
In this post, the marking you are seeing that has been posted yesterday on the community tab of the channel link is given below box. You can see all major trend reversals came from the same support and resistance to this day. If you know the techniques to trade on support and resistance then can earn daily by marking provided...
EXPLANATION : This is a 15 min time frame chart of NIFTY . It has been in a consolidate for days and has formed Inverted head and shoulder pattern. If give a strong breakout and broke its supply zone with volumes and has retested the same , I am bullish on NIFTY . If taken resistance from supply zone I am bearish on NIFTY . Enter as per your setup .
If you like...
Nifty has taken support at 17968, and It has made a triangle pattern on the support zone.
If it gives break out above and enters in the channel, we can expect a recovery.
Otherwise, nifty will break the support level and make a new low.
Also, check my old idea if it enters the...
Nifty will open slightly gap up today. After opening it will face immediately resistance at 18190 level. In case banknifty starts trading above 18220 level then expected 100+ points upside target in nifty. Downside possible if nifty gives reversal from 18190-18180 level.
Nifty looks bullish with a Narrow CPR and managed to close above the CPR and 18100 levels.
In case if Nifty opens flat to small gap up, any pull back to CPR and holds good we can go long with SL below Bullish reversal and sit for first target of 18200 and then if that is taken out we expect 18275.
In case of Bullish Breakout 18275 taken out we can expect 18450...
Nifty has continued growing in the corrective channels.
It has filled two gaps and is currently on the third gap level.
The third gap is providing support.
Nifty has made a double bottom pattern on the gap level.
And according to the gap theory, price gaps cause reversal.
But if selling pressure exceeds buying pressure during the gap area, Trader can expect...
NIFTY indicating formation of double bottom pattern on chart. For today session expected nifty will move upside upto 18320+ level. This level become the neckline of this double bottom pattern. In case nifty gives breakout of this level then there will be strong upside movement possible in nifty.
Nifty has filled the gaps. It has a very active gravitation line where price activities are on the bulk.
According to wave principle, corrective waves form in deceleration and, impulsive waves break the declaration channel.
If nifty breaks the corrective channel, we may see an upward move. Otherwise, the price will continuously form in the corrective channel.
Can't say much , but market works in cycles and according to my 12 years of trading with Data science as an edge in the financial markets .
I am saying " SELL AND RUN AWAY " .
It always happens with new batch of people they buy equities and nifty at any level in the market and they get trapped . These people block their capital for atleast 2 to 3 yrs . (LOSS BOOK...