Nifty Wave Analysis: July 18th 2024 Nifty is going up in extension after the June 4th crash. It clearly looks like Wave 3, and Wave 4 is about to begin. Short Entry : 24587 Stop Loss : 24680 Expected Destinations: 23862 (23.6%) 23370 (38.2%) And max 50% Wave 4 could be a sharp correction, but we can't ignore the possibility of a time-wise correction....
Nifty is trading near rejection zone. Sell Nifty @ 24600 - 24650 for 24460 and lower marked levels on the chart until 24750 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
When we evaluate the NIFTY 50 in relation to gold, the picture becomes less rosy. The NIFTY 50 hit its relative peak around March 24, after which gold has been consistently outperforming it. Adding to the concern, a death cross formed in mid-April, and on July 5th, NIFTY 50 broke down below the 30-day simple moving average (SMA). This begs the question: Is NIFTY...
Wave has already shared the Nifty wave counting (2020-24) earlier. Please refer to the following links: Nifty Elliott Wave Analysis 2020-24 With Subordinates Counting Strong Wave 5th is Happening: Nifty Wave Analysis in DTF The big wave 5th of the impulse, which started from the 2020 COVID bottom, has hit 261.8%, and we have to go for a degree...
Time 7:56 AM 1st July 2024 Reasons for Shorting Nifty today: 1. Wave Analysis - Shorting based on wave counting 2. Ichimoku - Given a sell signal in 15min TF 3. Broke Support Trendlines 4. Risk to Reward in great 5. MACD bearish divergence in 1hr TF Options Selling: ATM CE selling with OTM CE edge is best for this trade. (or future sell with edge) We wait for...
Based on Wave Analysis and the Ichimoku 1-Hour Time Frame, we have a good short opportunity with a very small stop loss. Time: 12:52 PM, June 27th, 2024 Current Market Price: 24,024 Why Short Entry at 23,877? Wave Analysis: Nifty has completed waves 1, 2, 3, 4, and 5. Wave 5 hit 127% today at 23,899 and touched the 24,000 psychological mark. We will have the...
We are expecting Wave C and the targets mentioned in the chart. - Selling July Nifty Future (CMP Jul Fut - 23685) with July Month ITM CE Edge is safe. Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
A good selling detected on NIFTY 50 It's showing a fall due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram A good selling detected on NIFTY 50 It's showing a fall due to...
Nifty is trading near rejection zone. Sell Nifty @ 23650 - 23670 for 23570 and lower marked levels on the chart until 23730 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Nifty is trading in strong resistance zone. Sell Nifty @ 23100 - 23080 for 23040 and lower marked levels on the chart until 23130 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Nifty 50 is Not Looking Good Here , Exprcting Huge Correction in Upcomming Days Before Election
Sell Nifty @ 22450 - 22400 with the SL of 22520 for big downside targets. Risk Reward looks great at these levels. Sell Nifty: 22450 - 22400 SL: 22520 Targets: 22142, 21980, 21870, 21635 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Gift Nifty indicting a gap-up opening and US market also gave an insane rally. However, as per our SpanAttack timings algo we see a fall in Nifty from 11:25 which can be useful for Intraday traders to get some points on the downside. Sell Nifty: 11:25 AM To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Nifty open Gap down Negative sentiments reversed within 1st 10 minutes I believe Majority was short in morning considering 30th January 2024 Bearish EOD NiftyReport. That's it! Market makers always looking for liquidity and they found it in the morning itself. Rally started from day low to retrace 0.786 Fib level since previous day high. Chart is enough to...
We have observed an interesting pattern in Nifty, from Jan 1st week top Nifty gave a fall of 1500+ points in '23 and 2200+ points in 2022. However, 2021 was an exception where we saw a minor fall for approx. 700 points but it went up after forming the bottom. In 2020 we all are aware what happened, we saw the Covid Crash in Nifty for approx. 5000 points from...
Hello As we can see that TERA GHAR JAYEGA pattern are seeing if breakdown happen then we can the good risk reward trade (that's new like diamind pattern ) P.s = only for watch, not a trading advice
- IMO Nifty is in a sweet zone to look for shorts - 50-100PIPS SL looks fair enough - Nifty has many imbalances and FVGS to fill - The trend has just started fading very soon it should show an impulsive move towards the downside
Nifty is forming bearish pattern and expecting more downside towards 19780 and below levels during intraday. Buyers need to be cautious. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!