NIFTY Weekly Special (June, 14, 2021 to June, 18, 2021)Slow and Steady wins the Race
The Next Week Forecast is Tricky this Time.
Chances are High that NIFTY Could Resisted again at this level.
Fibonacci Circles are recommending a small body structure at the end.
While the Pitch fork Resistance levels are quite high it could be effective until 30, Aug, 2021.
Chances shows that either a minimum of 80 Points Up or 80 Points Down.
RSI Recommends a Overbought Level.
My Forecast is NIFTY to be Bearish this week .
Check my Previous Post on NIFTY to get a clear idea for dumping your stash.
Niftysignals
NIFTY Elliott Wave Analysis - ABC Correction TargetsNifty has touched the dynamic resistance (DR) level and started declining. At present, RSI is under 50 level. It's a sign of a downtrend.
Moreover, according to Elliott Wave theory, Nifty will stop climbing soon. And ABC correction will initiate from here.
Targets: 12460 - 12000 and below
Note: Selling pressure will come after a breakout of the support trendline. Don't sell above DR.
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
NIFTY, Predicting downfall?When the price formed left shoulder it had enough buying power at that time.
Thus, it can be speculated that if there is no buying power, the price has rejected a lot of times to break the resistance of right shoulder.
Find shorting opportunities, even many scripts are looking bearish at this point.
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