Nifty has made a rising wedge upon breaking this rising wedge on either side will give good movement, Rest Everything is mentioned on chart.ENJOY :)
Nifty can trade in a bearish trend till 10400
Finally Nifty 50 has reached the target of 1.618 level and from the current level we can expect another 100 to 150 points upside for a STOPLOSS HUNTING
Hii this is trader Kanishk This is the analysis of NIFTY I have shorted nifty, do you ? and waiting for a new gap down open on tomorrow morning. Here the phase is very volatile and we don't have to took long position in nifty . this is a bear market phase and this is not the recovery this is the bullish trap . so please avoid yourself to put the long positional...
Good Evening Friends, Nifty is showing negative divergence on Charts on closing basis. For this little uptrend to be intact we should test 10167 in coming session. If we break below this level we may test 10048. But should we break below 9929, this will nullify this little uptrend completely and we will head towards 9954. Tomorrow Gap down is expected and 1st...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY. 1. In point no. 1 of trading plan column I mentioned is quoting for your consideration " if price take out 30 min then trend will change to down side". You can see price could not take out red line on 30 min time frame therefore, did not move to given green and blue support zone. It was also clear trade...
Till the pattern break at either side of the parallel channel or symmetrical triangle line it is expected to trade in a range bound currently trading at 1) monthly trendline (yellow line) 2) weekly close and high low (purple line) 3) parallel channel 4) symmetrical triangle (white line) 5) Fibonacci level
The earlier given target has reached with 1.618 + 50 points stoploss hunting now look bearish to touch the next support which is again 1.618
A Rising wedge is formed in nifty. Short nifty below 9910 for a Tgt of 9680 keep SL of 10140. Note - This level is valid only for 19-06-2020.
I would prefer to be bearish until this correction corrects up. These are the major resistance and support levels. I hope to see nifty 9500 around the end of week or start of next week. Avoid buying calls or long side. Views according to my studies and analysis.
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....
Nifty can touch the previous swing low which is placed at 9000 to 8800 mark
NSE:NIFTY HERE ARE THE LEVELS FOR 12/6/2020 IMPORTANT NOTE THE GAP WHICH IS NOT FILLED CAN ACT AS SUPPORT SO WATCH AND TRADE