BUY OR SELL NIFTY ?? As of 1 June 2020 Nifty Entered Bullish Trajectory for short Term .. Still Holding the Bullishness.. What to do Next.. 10176.20 is Important Decision Level if Nifty Closes and hold this level than buy can be initiated For Near Term Target of 10600... But again if Nifty Slips down closes below 9940 level than a Short position can be Initiated...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY IN NIFTY. 1. In my previous statements point no. 4 I quoted that t " to show shooting star power if strong bears entered at this stage then they should break red dotted trend line as well as red solid horizontal line with taken out condition. only then trend will reverse to down side. " You can see...
NIFTY 50 respected both the levels as I had posted in my previous post. It ranged between 10040-10169./ Today the index opened with a significant gap up above 10100. It was however not able to hold those gains and end of day,it closed below 10100. A close below 10000 and we could have seen a fall tomorrow. 10000 is a key psychological level and tomorrow it will...
COMPARING MY YESTERDAY STATEMENTS WITH ACTUAL MOVE TODAY. 1. In previous post on nifty I mentioned very clearly in trading plan point no. 1 is quoting for your consideration. " blue line resistance is your target. but take it seriously it can change whole trend ". You can see in fig when price reached there till 4th candle first candle high was not breached....
There is a high probability that nifty will face resistance at 23.6% Fibonacci resistance around i.e 10028 levels at close . POSSIBLE REASONS - 1. Its Fibonacci retracement level of the previous rally. 2. The number of time nifty has taken support at this level in the past , its now a probable resistance. (support becomes resistance...
Resistance 11300 (red) if it breaks 13600 (green) new ATH
NSE:NIFTY These are the Important levels for the Nifty BUY & SELL * The Pink Lines are for Buying Points * The Black Lines are for Selling Points Through This we can Find the Momentum of direction to trade in Nifty Options This Levels are only for Education Purpose....
LET US COMPARE MY YESTERDAY STATEMENTS WITH ACTUAL MOVE. 1. In previous post I clearly mentioned That " on taken out pink zone either by gap up or while trading in day you will see white dotted line next target." You can see price breached and made bullish candles . Have you ever noticed one thing in my blogs When I share any condition that market fulfill...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY. 1. In previous post point no. 1.trade plan " since price is in red box it can down or consolidate for quite sometimes then if crosses red zone next target is pink box. " This is what I shared with you all. you can see in fig price opened gap up from red zone and travelled to pink box . And spend almost...
Comparing saturday statements with two days real move. 1. The title of my saturday post was "ARE BEARS GOING TO BE TRAPPED ON 26-5-20" See yourself in two days all bears were trapped that is why I did not provide yesterday any analysis . whatever I shared That was enough for two days move. Now see yousellf. Quotting My words in last post. " In trading plan...
As of now decline from 9889-8807 looks a three wave move, but the bounce from 8807 doesn't look impulsive so it can be a corrective wave of 9584-8807 and Nifty can decline again below 8807. 9104-9195-9287 can act as a resistance zones.
FII bought 19.2 K contract of Index Future worth 1283 cores, Net OI has decreased by 2.5 K contract, 8.2 K Long contract were added by FII and 10.8 K shorts were covered by FII. Net FII Long Short ratio at 0.90, So FII used fall to enter longs and exit shorts. Nifty open with gap up bulls were able to enter above 9132 but missed our target by few points as high...
1. In this chart I circled price behavior in green at all levels provided few days back give the correct information of frequent entry and exit . If anybody has the knowledge of how much any move whether with trend or counter trend will travel in correct direction can perfectly work in intraday trades with the help of given support and resistance in this range...
As of now bounce from 7511-9889 looks like corrective bounce and nifty can decline again towards 7511. Only a sharp bounce above 9584(without breaking 8807) can save nifty from falling towards 7511.