As per my calculation and research nifty will stuck once It reach this level 20249 and I expect 14125 . Will wait and watch what is going to happen. This is just for educational purpose do analyze on your own before investing
Hello Friends I am Back after a week Long Snowy Vacation to Kashmir In continuation with previous view, I mentioned as a detour it may breach 17241 level and if so we will revisit wave count. It did and now we have rearranged the wave count, However our overall view still remains same that Nifty is expected to give Downside unless it breaks 18604.45 ...
Nifty has been seen trading in a range of 16800 - 17600, it once broke the demand zone of 16800 and came till 16400 but only for a day and needed a huge gap down of 130 points to do so, so I'll consider 16800 to be a good support and I believe nifty will be coming to the same zone again if it doesn't close above 17600 from where it can go to 18000 levels. So...
Nifty is weak and bull trap is done , it is short term target.
TRADE OR INVEST wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your. PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Nifty is constructing triple three (x,y,z) right now. Price is about to accomplish sub-wave B of triple three. Buyers should be ready to exit from their position before the price reaches the nearest lower high at 17639 , which is wave (X) of the correction. According to wave principle, if the price couldn't sustain above wave X, then the current trend is about...
I 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...
Hey Guys! AS you can see nifty is moving in a downward channel, and is currently at the resistance. From here we can expect the next fall. The past two days Nifty has been consolidating within a range and is unable to break the range on either side. It tried to break upside multiple times but faced strong resistance, and in the last 30 minutes the bears...
As we can see, 8 EMA is below 20 EMA, and the price has taken repeated resistance from the 20 EMA. So, a lot of chances are there that Nifty might go down if tomorrow's market closes below today's open. If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out! You may take the entry if the market closes...
On Monday Nifty open gap down and we have seen strong comeback within 1st hour of trading and closed 82.50 points up. Near futures Nifty is heading towards 17400. For Tuesday buy above 17120 for target of 17200 followed by 17270. On this flip side 17000 is strong support and on Monday we have observed heavy put writing at 17000 level. For more details and...
NIFTY Intraday Trade Setup For 27 Dec 2021 Buy-None Sell-Below 16900 Sl-16940 T-16800 16700 NIFTY is best to short and avoid buying till 17600. Our best trade will be in short side below Friday's low of 16900.Index is likely to test 16700. However we will plan our buy trade after we get closing above 17200. Instead we will look for shorting near 17200. In...
Nifty never closed below this trendline in daily candle since covid. Now shorted the index with the stoploss mentioned in the chart (daily closing). Let's see
Can't say much , but market works in cycles and according to my 12 years of trading with Data science as an edge in the financial markets . I am saying " SELL AND RUN AWAY " . It always happens with new batch of people they buy equities and nifty at any level in the market and they get trapped . These people block their capital for atleast 2 to 3 yrs . (LOSS BOOK...
As per present scenario, Corrective wave (WXY) is underway in the nifty . During corrective wave nifty has given move to the points, which are exact fibonacci retracement point. Like wave (b) of wave W has exactly retraced to 0.618 and the same is with wave X. with such precedent, it is most likely that nifty should touch 16605 which is 1.618 extension of wave w...
nifty is forming a double three corrective pattern. Any bounce should be taken as selling opportunity . keeping SL of 18000 look for the target of 17000-16800
As per above structure there are two things to note 1)Nifty formaing a bearish h&s pattern 2)nifty given a breakdown NOW positive things to note is:- 1)Nifty already made 8.4 % correction from Life high areas 2)Nifty is in good uptrend thus a correction not more than 15 % visible anyhow in worst case in normal case we can still see max 2-3 % (ie 400-550...
🛑 Shorting strikes purely based on india vix volatility index and Standard deviation - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 17800 CE and Short 17300 PE 🛑 we can observe that market may be stays in between with the range of 17800-17300, only When there's no Volatility . - if short...
🛑 Shorting strikes purely based on india vix volatility index and Standard deviation - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 17750 CE and Short 17200 PE 🛑 we can observe that market may be stays in between with the range of 17750-17200, only When there's no Volatility . - if short...