BUY NIFTY FUT ABOVE 11111 TGT- 11264 11403 11545 Closing base SL- 10849 How to follow our calls & earn maximum profit from our calls 1. You should always keep the STOP LOSS. In the market only SL will SAVE YOU 2. When Target1 is ACHIEVED, TRAIL your SL to BUY/SELL PRICE. 3. Subsequently when Target2 is ACHIEVED, TRAIL your SL to Target1. 4. Subsequently when...
ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->22nd July 2019 to 26th July 2019 NIFTY IT moves around +380.35 pips from 22nd July 2019 to 26th July 2019, in which nifty IT break last week 15th July 2019 to 19th July 2019 bottom 15363.05. NIFTY IT: Breaks March Bottom: 15202.05
Pattern from low 11625 is also complex. Trading strategy should be sell nifty with strict stop loss of 12001 for the targets given on chart. It can also go below 11625 if bounce from 11625 is wave X2 of Triple zigzag correction.
Triple zigzag pattern is violated as of now and if nifty completed correction at 11625 as double zigzag then nifty needs to go for new high very fast. Any consolidation below 12000 would indicate its still in X2 of complex correction. Will update if found an exact pattern.
It seems Nifty currently in triple zigzag correction and will complete its last abc below 11625(most probably in an ellipse drown in chart). So Nifty needs to go below 11617 before breaking upper wedge line. But if it breaks upper wedge line before going below 11617 then we could conclude that correction is completed at 11625 as double zigzag.
Decline from life time high 12102 is seems to be corrective and looks like double zigzag in which 12102-11770 as first abc, 11770-12000 as X and 12000-11625 as second abc. Now If correction is completed at 11625 as double zigzag then we will see new high above 12102 OR pattern could also turn in to Triple zigzag(In which one more low below 11625 is possible from...
ghstocktrading.webnode NIFTY 50: WEEK-TECH-SHEET->10th June 2019 to 14th June 2019 Nifty 50 moves around -202.65 pips from 10th June 2019 to 14th June 2019, in which nifty 50 did not break last week 3rd June 2019 to 7th June 2019 top nor bottom.
ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->27th May 2019 to 31st May 2019 NIFTY IT moves around +670.95 pips from 27th May 2019 to 31st May 2019, in which nifty IT break last week 20th May 2019 to 24th May 2019 top 16009.65. NIFTY IT: Breaks April Bottom: 15662.55
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.