As we discussed the market in the live session, it was bearish. After that, it gave a nice fall.
If we look at the chart now:
Price is Making continuous HH and is not able to make HL. Price is taking support at 200 EMA. This level is also fibbed at 0.23 level, which is considered with 200 EMA, making it a good support zone.
22374 is also a good price...
nifty is now on cyclic crash formation so be carful till election result market will make you fool like sideways and big uptrend move if you want to catch market its now in your hand who all missed corona crash open your eyes and catch it don't trust any youtubers up down game
If 2:15 candle sustains above 22472 -- 22488 then there could be a shortcovering 📈 📈 📈 to above levels marked on the chart
If hourly candle closes below 22488--- 22472 then 📉 📉 ( 22372 -- 29th April)
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Hourly closing below 22563 then 📉 📉 22488 --- 22472
If closing below 22472 in any 1hr candle then 📉 22372
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises
Nifty will be gap up opening in today's session. After opening nifty sustain above 22580 level and then possible upside rally up to 22700 level in today's session. in case nifty trades below 22530 level then the downside target can go up to the 22410 level.
NSE:GRSE
Breakout of consolidation
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for...
NSE:NIFTY as per EW on hourly charts is suggesting that terminal 5th pattern is ongoing.
Short term correction is going on downside in form of wave 4 of Terminal pattern and then wave 5 can start which can be the final rally, you can also call it as a pre election rally before a major top is in place for 2024.
A meaningful top can be form after summer solstice...
Nifty Analysis - Stance Bullish ⬆️
Recap from yesterday: "For tomorrow, we wish to maintain the neutral stance and look for bearish opportunities if 22295 is getting broken. If the index moves up, 22519 would be our first level to watch for."
Kotak Bank started the day with cuts of -10% due to the RBI news impact from yesterday. The spillover effect was visible on...
22448 -- 22476 above sustains in any hourly candle 🕯 then 📈 📈 to 22561 -- 22598
22351 -- 22316 below Closing in hourly then 📉 📉 to 22229 -- 22159
22316 to 22476 ( No trade zone )
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
NIFTY Intraday Trade Setup For 26 Apr 2024
Bullish-Above 22630
Invalid-Below 22580
T- 22810
Bearish-Below 22450
Invalid-Above 22500
T- 22295
NIFTY has closed on a bold bullish note today with 0.75% gain. It is a bold candle as it gaped down 85 points and then recovered till 22625. Tomorrow is likely to be bullish day. Broadly we are still trading between this...
Any hourly closing above 22461 then 📈 📈 to ( 22561 -- 22586 )
Closing below 22419 in any hourly will be 📉 📉 ( will update if it breaks )
22453 --- 22461 ( Sideways) No trade zone
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Good morning, friends! Here are the directions for April 25th:
The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a decrease of -70.
Nifty had closed with consolidation in the last session. In this...
Nifty will be gap down opening in today's session. After opening nifty start trading Below 22380 level and then possible downside rally up to 22260 in today's session. in case nifty trades Above 22440 level then the upside target can go up to the 22560 level.
Nifty Analysis - Stance Neutral ➡️
Recap from yesterday: "For tomorrow we wish to start the day with a neutral stance and look for bullish opportunities as soon as it reaches for the 22519 levels."
Another flat day, but the options premiums were not behaving as usual. The blame may be on VIX as the premiums were dead low that even a small 50+ points move created a...
The index for last 2 trading session is consolidating in a range between 22350-22480 and is sustaining above the moving averages.
A halt candle has been formed after a gap down opening which signifies that the market may give a trending move in coming days.
The drop in the VIX has killed the option premiums and there was option buyers are waiting for a buying...
🔴 Resistance - 22448 🔴
🚀 Target - 22473 - 22513 🚀
🟢 Support - 22423 🟢
🚀 Target - 22367 - 22336 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR...
