On 20th July Nifty touched 15580 and with positive European market opening it reversed from the day low to almost 100 points and later fall back. Another reason of that 100 point rally could be short covering of 15600 put writers. It looks like there is both bull and bear trap. Big money is playing with both sides. Global markets are testing their resistance and...
NSE:NIFTY This is Scenario-3 for NIFTY opening flat or minor gap down. Hope the details on the chart are self-explanatory. Any doubt, do comment.
understanding trades of nifty future for 22.07.2021 (thursday - Expiry), on the basis of support and resistance.
NSE:NIFTY This is Scenario-2 for NIFTY for good gap up and turnaround in the global sentiment which is bullish at this moment. In this I have mentioned 2 trade setup on the bullish side with entry, target and SL for each. For 2nd Entry above 15750 it have 2 targets. If Bullish sentiment remains strong on the expiry day, then there can be chance to hit target...
NSE:NIFTY This is Scenario-1 for NIFTY for minor gap up and turnaround in the global sentiment which is bullish at this moment. In this I have mentioned 2 trade setup on the bullish side with entry, target and SL for each. Also if Bullish sentiment remains strong on the expiry day, then there can be an bonus trade of 50 points if we see quick short...
Bull trap is confirmed and retail investor has been trapped. I have been saying about this from a long time, which finally happened. Always remember when something is getting hyped "BE CAUTIOUS". For example: "Nifty will touch 16000, Nifty will cross 16000" bla bla. IMPORTANT: When market open gap up or gap down avoid the first 15 minute. Because overnight...
NSE:NIFTY This is Gap Down Scenario-3 for NIFTY . Level and Target are mentioned on Chart. Take Short (PE) First Entry in range of 15680-15685 Zone. Target and SL mentioned in the Chart. Take Short (PE) For the 2nd Entry, the range will be 15630. Target and SL mentioned in the Chart. Don't hold current week expiry. Book your profit immediately. For the safe...
NSE:NIFTY This is Gap Down Scenario-2 for NIFTY . Level and Target are mentioned on Chart. Take Short (PE) First Entry in range of 15680-15685 Zone. Target and SL mentioned in the Chart. Take Short (PE) For the 2nd Entry, the range will be 15640. Target and SL mentioned in the Chart. Don't hold current week expiry. And don't chase for big upside movement....
NSE:NIFTY This is Gap Down Scenario-1 for NIFTY . Level and Target are mentioned on Chart. Take Long (CE) First Entry in range of 15630-15635 Zone. Target and SL mentioned in the Chart. Tale long (CE) For the 2nd Entry, the range will be 15700-15710. Target and SL mentioned in the Chart. Don't hold current week expiry. And don't chase for big upside...
understanding trades of nifty future for 20.07.2021 (Tuesday).
I think as of now all of you know that on 19th July 2021 Nifty going to open gap down, and again bull trap will be confirmed by tomorrow's market. Levels to watch 15920, 15845, 15800, 15751, 15725 and finally 15700. Every time a level breaks sell will come and Nifty will take support near these levels. These levels are important. Take decision wisely and do...
NSE:NIFTY This is Gap Down Scenario-5 for NIFTY . Level and Target are mentioned on Chart. Sell / Short Entry on firm breakdown of 15800 and Target will be 15740 - 15745. Keep Stop loss 15840. Be quick in booking profit. And it it sustain above 15740 level and shows the sign for reversal then take entry to go long. Buy / Long Entry above 15750 1st...
NSE:NIFTY This is Gap Down Scenario-4 for NIFTY . Level and Target are mentioned on Chart. Take First Entry in range of 15805-15815 Zone and Target will be 15740 - 15745. Keep Stop loss 15840. Be quick in booking profit. For the 2nd Entry, the range will be 15730-15735 and Target will be 15680-15685. Keep Stop loss 15750. Be quick in booking profit.
NSE:NIFTY This is Gap Down Scenario-3 for NIFTY . Level and Target are mentioned on Chart. Take Entry above 15845 and Target will be 15940 - 15950. Keep Stop loss 15800. Be quick in booking profit.
understanding trends through support and resistance.
On 13th July Nifty analysis I said that major indices touched their life time high and since Nifty was totally following global market sentiment, so on 15th July 2021 it was somehow expected that Nifty will touch it's lifetime high again. But this time Nifty made a new lifetime high with 30 points above it's previous lifetime high. European market is already in...
understanding trades of nifty future for 16.07.2021 (Friday)
On 14th July Nifty has given breakout above 15800 and closed near it's major resistance of 15835 to 15845. The move in Nifty is similar to what happened in European market. If you have read my previous analysis, where I've said that major global indices touched their lifetime high. So as a result of that we may see similar move in Nifty and another possible bull...