is nifty will fall further | Neowave ForecastNSE:NIFTY
NSE:NIFTY
Hi Everyone
This is our nifty continuation forecast of nifty. As you can see nifty is falling for last 2 weeks and its going further down. So to understand our complete view please watch the video.
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This is our weekly chart with medium degree neowave count.
Niftytoday
Nifty Forecast For Today | Neowave ForecastNSE:NIFTY
Hello Traders
We have come up with new feature from this week, we starting intraday forecast for both nifty and banknifty. In this chart i have added short term degree which will help you in finding out medium term degree direction.
As all of you know if you have watched my video or chart how to read neowave chart. you will know that every neowave structure is made up of smaller structure for example M series is made up of S series and L series made up of M series.
Just see the below chart example here for this purpose.
Now lets compare our medium chart and short term chart for you.
This is an medium chart of nifty which i published few days back in this i indicated of MC-4 wave finishing near that area, but it will be only activated if price goes above the line 17663 i have indiacte this with an arrow.
But now i have added and short term degree count which with you can find out medium degree structure is completed or not.
If anyone has anyquery related to this or any other chart. if you need anykind of help in trading please leave a comment. Like and share the idea if you love it.
Thank you everyone
Morning Mantra, 10th March 2022Good Morning!
Finally, just as we had predicted, Nifty did take a beautiful bounce back from its predicted support level of 15850, and thereafter has successfully given us a closing of above 16200, which is definitely a good sign.
However, Today will be a crucial day, as we would require a consistent and a stable closing of above 16200 from Nifty for 2 more days (i.e., Today and Tomorrow).
In the Meanwhile, Stay Stock Specific and continue following the Cherry Picking Strategy, as of now.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
#NIFTY Intraday Support and Resistance Levels - 04/02/2022This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Rising Bull💯
#risingbull #trader #ashishgendle #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Morning Mantra, 7th January 2022Good Morning!
What a wonderful day it was Yesterday!
Yes, it was wonderful in a way that we had got to witness how nifty traded within its predicted range of the two crucial support levels of 17800 - 17630 respectively. As it made a high of around 17797 and a low of 17655 approx, yesterday itself.
Moreover, as it’s a last trading day of the week, it would be suggested to stay Cautious, in fact to wait and watch for either a breakthrough the level of 17630 or a crossover of above the level of 17800 by the index. As somehow only after that will we be able to decide the Market’s New Trend.
However, there’s nothing to fear much as of now as the Market’s sentiment still seems to be positive as per the chart setup. Hence, we are still with our words to Stay Cautious and to be Stock Specific.
Nifty Levels 15580-15800-16200-16350
-16800-17200-17400-17700-17900-18000-18350
Regards,
Alok Daiya
Last Warning to NIFTY SellersNifty is forming corrective wave 4 of wave ((5))
Nifty has made a high at 18604 and started falling due to conclude of wave 3.
It has broken the base channel due to high selling pressure on Nifty.
The following terms confirm the nifty pullback.
A. The common Fibonacci retracement of wave 4 is 38.2%. Nifty has entered the 38.2% retracement level. It seems like the reversal is ahead.
B. Wave equality (A = C)
Wave C is 100% of wave A and vice-versa. If nifty breaks the previous low, then it can reverse between 100% to 161.8% range.
The corrective wave can complete if it sustains in the channel trendline.
I will upload Intraday charts to take trading decisions.
Nifty Trade Setup for 13 Sep 2021Nifty expected to open flat.
Global parameters showing some selling pressure.
The first resistance to watch out is the previous day high , if that is compromised we can see possible Target 1 & Target 2 tested on the upside.
On opening if 17348 is getting compromised then we can expect Nifty to test 17300 levels and if that is also taken out we can expect 17250 to be tested.