"Good morning, friends! Here are the directions for March 6th: The global market trend remains structurally moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to a slightly gap-down start, as suggested by Giftnifty, showing a -12 point. Nifty has a range-bound...
NSE:NIFTY 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade...
After sustaining above 46250 go for long upside move target will be 47100 if sustain below 45800 then go for downside target will be 44900 otherwise do scalping
The FASP for Nifty is listed for 06-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Good morning, friends! Here are the directions for March 5th: there have been no significant changes. The global market trend remains moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to a slightly gap-down start, as suggested by Giftnifty, showing a -20 point. Nifty...
NIFTY Intraday Trade Setup For 5 Mar 2024 Bullish-Above 22450 Invalid-Below 22400 T- 22655 22840 Bearish-Below 22350 Invalid-Above 22400 T- 22190 21980 NIFTY has closed almost on a flat note today with minor gain of 0.12% today. Nothing triggered as per trade setup and was a complete sideways day within less than 90 points range for the whole day. It has formed...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “The odd man out today was NiftyIT, which did not want to participate in the rally and instead went the other way. It ended the day with a loss of 204 points.” 4mts chart NiftyIT again shows its rebel attitude today, on a flattish day - NiftyIT losses 291 points ~ 0.77%. I am not suggesting that a...
Please find below simple resistance and support: Resistance: 22440 If crossed up then will see upward move as follows: T1: 22581 T2: 22669 Support: 22350 If crossed down then will see downward move as follows: T1: 22229 T2: 22142 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO...
As we discussed yesterday, NIFTY has been taking resistance at the resistance trendline and resulted sideways. If we look at the chart now: The market is trading at the Resistance trendline. The market has been in a range bound in (22350-22470). Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the market needs some...
Good morning, friends! Here are the directions for March 4th: The global market trend is still moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +70 point. Nifty has a consolidation structure around the...
INDUSTOWER 90% return possible from here, good for long term investment
NIFTY Intraday Trade Setup For 4 Mar 2024 Bullish-Above 22470 Invalid-Below 22420 T- 22655 22840 Buy_2- From 22200 Invalid-Below 22150 T- 22500 NIFTY has closed on a slight bullish note with 0.75% gain last week. Friday's candle seems to be a strong bullish candle which has taken out last 7 day's range. We are likely to a parabolic up move or 90 degree angle...
Saturday was a special trading session, Nifty opened above 22400 and that morning high was the day high. For tomorrow, buy Nifty if sustains above 22450 for the targets of 22490 and upper marked levels. On the other side, if Nifty breaks 22320 on the downside, we may see 22280 and below marked levels on the chart. Expectations: Trending Day Intraday Levels: Buy...
A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:CAPLIPOINT Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful apprication in the NSE:CAPLIPOINT MACD gave Positive crossover on Daily chart and Monthly chart and weekly chart, it is on verge of giving positive breakout So, expecting...
As we discussed NIFTY's bullish behavior in our last analysis, the Market (NIFTY) moved up 280 points. If we look at the chart data: The Market is trading at the resistance trendline zone. Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the Market needs some correction or consolidation at this point. Also, the Market is in...
NSE:NIFTY Trade Setup for 04-03-2024 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...
Nifty has given a breakout from a 2 month consolidation and moved towards 22450 levels. Now it seems tht on a shorter time frame it will retrace and take support at 22250-22280 levels to create a base for the next upward journey. Bank Nifty have given a strong close at 47300 level. A close above 47350 level will open doors for 48000-48200 level above which...
Welcome To Trend Talk😊 All Levels in a Chart Options Trading for Beginners Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...