Niftypredictions
NIFTY FOR THE DAY 04-JUN-2021NIFTY
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NIFTY IN THE MOOD OF MAKING ALL TIME HIGHS DAILY.
HOPE IT WILL MAKE A NEW HIGH TODAY.
ANALYSIS
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NIFTY WILL FACE RESISTANCE AT 15726 AND SUPPORT AT 15648.
IF IT BREACHES THE RESISTANCE AT 15726 AND THEN IF IT SUCCESSFULLY TESTED IT, WE CAN BUY FOR INVISIBLE TARGETS... (NO PROVEN RESISTANCE ABOVE)
IF IT FINDS RESISTANCE AT 15726 AND REVERSE, THEN WE CAN SELL FOR TARGET 15661.
SIMILARLY, IF IT FINDS SUPPORT AT 15648 AND REVERSED, THEN WE CAN BUY FOR TARGET 15724.
IF IT BREACHES THE SUPPORT THEN WE CAN SELL FOR TARGET 15592
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Everyday morning before market opening, I will post nifty levels for the day. Kindly check it out.
NIFTY FOR THE DAY 03-JUN-2021NIFTY
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WITH A SMALL CORRECTION NIFTY BACK TO MAKE NEW HIGHS
ANALYSIS
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NIFTY HAS SUPPORT AT 15648. IF IT GOES TOWARDS THE SUPPORT AND TAKE REVERSAL THEN WE CAN BUY WITH CURRENT HIGH AS TARGET.
IF NIFTY BREACHES THE SUPPORT THEN WE CAN SELL FOR TARGETS 15592, 15560.
Please like the idea and follow me if you find this useful.
Everyday morning before market opening, I will post nifty levels for the day. Kindly check it out.
NIFTY 50 INDEX ELLIOTT WAVE ANALYSIS 11 October 2020Nifty is unfolding in a five wave advance from the lows of 10790 where it completed wave4 , within this five waves of the fifth wave it is currently in the third wave of one lower degree and its projected target comes around 12060-70 odd levels which will be 1.618 times wave one of the same degree. Support is placed at the lower end of the channel around 11800 - 11750 levels. The dashed green lower channel is the guiding factor for reversal in near term.
NIFTY 50 ON THE SIDE LINES NIFTY 50
Nifty 50 moves around + 76.45 pip which breaks previous day 27th December 2018 top 10747.50,
Week analysis : nifty 50 completed + 359.05 pip from 24th December to 28th December 2018 which seems to be bullish but did not break previous week 17th December to 21st December 2018 top 10985.15 it is better to wait for nifty 50 to break 10985.15 as we mentioned in reference 19th December 2018 evening order . if it continuous to break 10985.15
buy @t Entry : 10990
stop loss : 10890
Target 1 : 11015
Target 2: 11023
Target 3: 11040
Target 4 : 11090