Niftysell
NIFTY 1D chart analysis-21-01-2022NIFTY chart analysis
My previous analysis were reached as per my analysis please see that also.
the chances that market may move
1)It may come down between 16877 to 16650.
2) It may even break the support(16650) and come down to
target-1 : 16900
target-2 : 16500
this is just educational purpose only. Not financial advice. the analysis is solely the opinion of me
and does not come from licensed professional.
Nifty SellI hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NIFTY CURRENT PATH
This is a Flat Structure where we have Waves A and B completed and now Wave C which is a downward Impulse forming; so for now you can forget buying; it should bouce in our Supply from the Demand drawn as per the dotted lines and then Nice fall I have also mentioned the target in the downward direction;
Timeframe Calculation for the Fall in Nifty;
Here I have verified The Leading Digonal Wave by Wave to clear every doubts anyone still has;
Now this entire Wave 1 has taken 9 Days and some hours to complete;
This is Wave A of Wave 2 which has taken 1 day 22 hours to complete hence Wave B we should give 1 and half day Wave C should also take minimum 1 day; hence a total waiting time Monday and Tuesday or maximum Wednesday Thursday onwards we should see the Fall
Now we know Wave 1 has taken 9 days and some hours; therefore Wave 3 will take around 10 days to complete hence we all can be sure about taking opportunity with this month's expiry;
After the Wave 3 ends we will have a Wave 4 which will be a Complex Correction Structure as Wave 2 is a Simple Correction hence please wait till the Wave 4 ends; once the Wave 4 complex correction is Over I will post the Analysis for Wave 5 which will be again a Good Downward 5 Wave Impulse Wave;
I hope this answers all your doubts and queries; or else please feel free to ask;
I wanna Thank all of you for all the support and appreciation;
Thank You once again;
NIFTY ABOUT TO EXPERIENCE THE BIGGEST CRASH EVER!!!
We see 5 Wave Upward impulse is complete and therefore now starts the Correction;
We have verified the Wave 5 which confirms the completion of the Upward 5 Wave Impulse; we see Wave A and B which we will verify in the Lower Degrees to understand the current Correction structure better;
So in Correction we have a Wave A ; Wave B ;
Therefore, Wave A and Wave B are complete.
Now depending upon the retracement of Wave B into Wave A we know what will be the Wave C formation; here we see that Wave B has retraced Wave A more than 80%; therefore Wave C will be a 5 Wave downward Impulse;
This is how we will have Wave C
So in Wave C we know we will have a Downward Impulse this is the Wave 1 (Leading Diagonal); as Wave 1 is a Leading Diagonal Wave 3 will be an EXTENDED WAVE.
THIS IS ALL TO THE BEST OF MY ABILITY; GOD BLESS INDIA
NIFTY bounces from 11200! Bears in control.Nifty - Technical Analysis:
-Nifty settled 39 points, or 0.35 percent, lower at 11,278.
-NIFTY saw selloff in the first session of the day till 11200 and bounced back from the level.
-It gapped down owing to the selloff of tech stocks in US and recovered when European markets opened in green today.
Market - Driving Factors:
-Today's session witnessed sell-off in most sectors, with banks, financials and realty as worst hit.
-However, market pared losses due to support coming from select heavyweights such as Reliance Industries, Bharti Airtel and Tata Steel.
-PSU bank stocks are among the worst hit in today's sell-off. The Nifty PSU Bank index fell over 3 percent with all components in the red. The index heavyweight SBI fell 5 percent while shares of Bank of India, Indian Bank, Canara Bank and Central Bank of India fell 3 percent each.
-Indian markets are expected to be in sync with the global markets and also react to the ongoing border tensions with China.
Nifty - Outlook for Thursday, 10th September:
NIFTY has broken the neckline of Head & shoulders pattern and also broke the support of 11250, it bounced back from 11200 to see some revival. We expect it to remain in bearish territory and can see further lower levels. The neckline will act as resistance for upward moves.
nifty levels for 24-6-2020NSE:NIFTY
nifty levels for 24-6-2020
the white lines are waiting lines and green for go and tgt
and red lines are for short
if gap up or gap down then these lines act as support and ressistance so watcch the price action on the lines and go for trade for example if gap down and the price supports @ the red line and price action indicates buy you can go for buy and vice versa for gap up happy trading and pls like the chart and comment your thougts so i can make it daily
if you want daily then give me 500 like thank you