Nifty seems to become volatile in this expiry.
14800 being the support and 14900 resistance, though major resistance is 150000.
If somehow it manages to break any of it, it may give us the direction, till then See-Saw play.
Also, global cues are negative, I may stay away with no trade.
14765 is the neckline of the Head and Shoulder pattern which can be seen...
The market fell for the first time in the last five consecutive sessions with the Nifty50 falling below 14,900 levels, due to selling pressure in private banks, IT, metals and pharma stocks on May 11.
A reasonable positive candle was formed at the lows with minor upper shadow. Technically, this pattern indicates an attempt of bulls to come back...
As I said yesterday markts were ready for a bearish momentum and both the levels 14770 and 14800 has been respected beautifully today.
market rallied till 14900 after gapdown open and then plunged in the institional zone and reached 14800 and took a mild support.
I am expecting market to have a bearish bias tomorrow.
sell of from 14900...
Nifty Trade Plan for 12 May 2021
What Chart Says:
Nifty had a gap down opening and recovered well to close above 14850 key level.
Behind the scenes:
Advance to decline ratio is around 22:28 in nifty 50
FII has pulled out -336 CR & DII has pulled out -676 CR today
All European markets are trading bearish at the time of review.
S&P 500 was trading bearish at...
As predicted in my previous video, nifty was flat to negative. the market has a huge gap-down opening, it filled the gap and fell down.
it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.
*This video is meant for...
Nifty View: Thanks to the gap down in today’s trading session, benchmark Nifty got the much-needed drop in momentum. After the recent one-way four days rally, the index did need some headroom before it can rally further. Now we did notice decent strength from the Bulls to not give up post a weak opening today. A move beyond today’s range will set up the next...
AFTER GAP DOWN OPENING AT 9.15
ANYONE HAS EXPECTED BOUNCE OF 200 POINT.
YEs, occtans Indicator tool has identified
this opportunity and triggered "buyc1 " Signal . With double confirmation from our Occtans Indicator tool signal
& Higher High formation , anyone has bought CE in BANK NIFTY and made a profit of 5000 INR with a single lot of BANK...
The picture shows two arrow oe upside movement in green and other down side move in red. the condition on both sides apply of 1 hour and 15 min time condition . so watch it and act accordingly. for more detail about casers the video link is given in below box.
TREND ANALYSIS & TRADE SETUP !
ELLIOTT WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Reward is 8-10 times .