just a retracement..... nifty still bullish educational purpose only
Understanding trends through supports and resistances.
NSE:NIFTY Observations: 1) On 15min time frame, we can see a rounding bottom pattern. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 23-03-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on...
Good Morning, As expected and already stated, the level of 17300 is now a crucial resistance for the index and the same had been observed in the yesterday's trading session as well. Moreover, as per the current chart setup, we are expecting a healthy pull back towards 16990 in nifty, for its another attempt to cross a its crucial resistance of 17300. Also in a...
Understanding trends through supports and resistances.
Understanding trades of nifty future for 21.03.2022 (Monday)
Understanding trends through support and resistances.
Understanding trends through supports and resistances.
Understanding trends through support and resistances.
Understanding trends through support and resistances.
Nifty on hourly time frame closed above the crucial moving average. 50Ema will act as an immediate support. Key support:- 50EMA, 16145 Resistance :- 16410, 16500(round figure) Today's nifty was bullish and may continue a bullish movement once it breaks today's high and sustains above it.
Understanding trends through support and resistances.
NSE:NIFTY Trade Setup for 08-03-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...
Understanding trend through supports and resistances.
Understanding trends through support and resistances.
NSE:NIFTY Trade Setup for 02-03-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...
Good Morning! As was very well witnessed yesterday, that even though Nifty made a high of around 17640, it was clearly not able to cross over the predicted Resistance level of 17650. So, in accordance to that it will be better if the Index manages to cross over and sustain above 17650 for the first 2 hours Today. While it is being expected that a selling pressure...
NSE:NIFTY Trade Setup for 11-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...