niftytarget

Support of Nifty is at 11259.85 at the bottom of the green candle on the 17th of May, while the resistance is at 11497.9, which is the close of the candle of the 7th of May.

ghstocktrading.webnode.com Nifty 50 moves around +207.90 pips from 15th April 2019 to 19th April 2019, in which nifty 50 break last week 8th April 2019 to 12th April 2019 top 11710.30. As mentioned on reference 15th March 2019 evening order Nifty 50 attained target 1,2 & 3 yet to attain target 4 Target 4: 12090

It seems Nifty is in wave 3 of (C or 3) and if 3 completed at 11487 then wave 4 retracement levels are 11313-11206 and for upside 100% and 123% projection of wave (C or 3) is coming at 11566 to 117098 respectively.

As of now consider 10944-10914 as support levels. And only below 10914 we can think of downside reversal. If wave C started from 11118 completed at 10585 then nifty needs to bounce sharply above 11118.

Pattern is indicating minimum decline towards 10689-10644 range. 10940 can be the Stop loss for this trade.

Pattern at low 10585 is indicating irregular correction which is caution for longs and Nifty can go below 10585.

NIFTY 50: WEEK-TECH-SHEET-> 18th February 2019 to 22nd February 2019 Nifty 50 moves around +223.20 pips from 18th February 2019 to 22nd February 2019, in which nifty 50 break last week 11th February 2019 to 15th February 2019 low 10620.40. As mentioned on reference 09th February 2019 evening order If it continuous to break 11118.10 Buy @t Entry: 11125 Stop Loss:...

It seems wave started from 11118 is completed as impulse wave and it also achieved minimum projection(shown in my previous post) of wave C. And if we are right at identifying pattern then nifty needs to bounce sharply towards 10892. So need to concentrate on the wave pattern started from latest low 10620 to catch immediate move. Even if wave C is not completed at...

Normal projection of wave C could be a reversal range in nifty for high above 11118. To find out exact reversal we need to concentrate on the decline from 11118. will update here...

For Bull View Nifty will have to move fast above 11118, any delay below 11118 is a warning for bulls. Nifty if could not sustain 10913 level then it may fall in the range of 10534-10334 as wave C as shown on chart.

NIFTY 50: WEEK-TECH-SHEET-> 04th February 2019 to 08th February 2019 Nifty 50 moves around + 303.95 pips from 04th February 2019 to 08th February 2019, in which nifty 50 break last week 28th January 2019 to 01st February 2019 top 10983.45 If it continuous to break 11118.10 Buy @t Entry: 11125 Stop Loss: 10925 Target 1: 11175 Target 2: 11191 Target 3: 11225 Target 4: 11325

Irregular correction at from 10629-10987 is indicating bounce above 10987. And if Nifty trades above 11065 which is 123% projection of 10534-10923 then it can further bounce sharply towards 11700. OR IF nifty declines back from 10987-11065 level then one more decline is possible towards 10584-10534. Wave count of Pattern here(Left...

I would like to wait till the pattern given in ellipse is clear. As of now this pattern has multiple possibilities which is not good for swing or positional trading. So try to catch small pattern for intraday trade. Have a safe Trading...

If Nifty bounce towards 10880 and above before 10:00 AM then only we can think of upside above 10987 otherwise Nifty may fall towards 10600.

Hello all there is short term buying opportunity in the market, Kindly use this Recommendation for trading or watch this move. NIFTY INDEX : Buy - current price, SL - 10690, Target 1 - 11000, Target 2 - 11100, Target 3 - 11200 Buy Call options in NIFTY INDEX. Strike Price - 10900 to 11200 and for exit watch NIFTY spot stop loss and target. Buy NIFTY FUTURES...

It seems an impulse is completed from 10535 to 10923 which could be wave (A or 1) and wave 10923-10629 can be (B or 2) and now 100% and 123% projection of (C or 3) is coming at 11017 and 11109 respectively.

Wave started from 10535 is completed at 10923 as an impulse and now retracement levels are given on charts and from that levels we may see bounce back as wave (C or 3).

As shown in chart an impulse started from 10535 is almost in its completion range. Maximum upside projection is coming at 10896-10925-10949(shown by ellipse) range. From that range we may see corrective wave downside of 140-180 points.