Perfect ASCENDING TRIANGLE pattern has been formed in NIFTY which is also a BULLISH continuation pattern and the RESISTANCE being 15900 which has been tested multiple times as you can see in the past and there is much likely chances that it’ll break above because of multiple rejections in the past made it weaker You can witness 60-120++ points rally if candle...
As discussed though NIFTY showed some strength in FIRST but ended up being VOLATILE finally and exact rejections seen from 15900 levels as expected Now the reason being under pressure as its closing 15830 which is very crucial as we can see NIFTY faced much pressure as BEARS always overpowered BULLS in these levels so it is expected if opened weak we can see...
understanding nifty future trades through support and resistance.
Though nifty had been in a bull run as we expected and discussed in last analysis but couldn’t give its day closing well If it closed above 15840 we couldn’t have expected another bull run as 18540 range is level where multiple rejections can be seen, Tomorrow first 15 minute candle is to watched, if closed above 15840, we can expect a small run toll 15900...
understanding nifty future trades and levels through support and resistance.
More like INVERTED HEAD AND SHOULDERS PATTERN identified and also a TRENDLINE which had been acting as a RESISTANCE Now standing at MAKE OR BREAK LEVEL as break of 15745 level would not only break the trend line but also the NECKLINE of the potential INVERTED HEAD AND SHOULDERS PATTERN, but candle close is need to confirm the breakout, the safest way to make new...
understanding trades of nifty future through support and resistance level.
understanding trades on future chart through support and resistance.
Nifty trading at real crucial levels as it is trading in ASCENDING triangle pattern which also shows strong bullishness as 15900 being the RESISTANCE Break of this very level can give rise to 16000 level anytime sooner or even in one go! Must keep watch on following given levels
understanding future levels for trades on 25.06.2021 (Friday).
Nifty may stay sideways in the range of 15800 to 15700 Being last expiry of the month volatility is expected. Follow the targets with trading rules Immediate Support: 15800 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader Institute
Nifty is above 15750. May face resistance at 15900. Being last expiry of the month volatility is expected. Follow the targets with trading rules Immediate Support: 15800 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader Institute
Nifty may face resistance at 15750. Unless nifty crosses 15750 and sustains Nifty is weak. Follow the targets with trading rules Immediate Support: 15550 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader Institute
nifty future analysis for 21.06.2021, analysis levels for option trading for 21.06.2021 Note -you may hear some speech fumble due to having cough and cold, so please pardon me.
Nifty Trade Plan for 16 June 2021 Today's Trade Setup : Global clues looks little weak. Expected Nifty to open slightly gap down. If Nifty opens gap down, then 15870 holds the key resistance and 15835 a strong support to watch. If 15835 is taken out we can expect Nifty to fill the previous gap and test out 15780 & lower. In case if 15870 is taken on the...
If Tomorrow Nifty opens gap up and break the resistance level and sustain above the blue zone then go for buying side ===================================================================================================== If it get rejection near resistance level and break the blue zone go for selling side with Re-test and candlestick confirmation and with your...
Nifty Trade Plan for 11 June 2021 How chart looks on HTF : Nifty formed a good bullish candle on daily time frame taking good support from monthly support zone Expected Opening : Expecting a flattish to small gap up opening in Nifty. Today's Trade Setup : Nifty looks bullish and managed to close above next day CPR. If flat or gap up opening, watch out for...
Major Resistance:15100 Major Support: 14900 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader