Nifty on the daily close has given a nice lower wick rejection and remained strong in the last trading hour. It tested its hourly 20 ema and regained 100 points in the last hour candle. On 15 minute chart analysis nifty formed a nice higher high formation in the second half of the session. Support:- 17300, 17220 Resistance:- 17400-430, 17500, 17630 Market was...
The global market indicates a positive start. Market sentiment is bullish. But the range (17500) is an OI resistance. So, the market may take some consolidation there. On the other hand, an advancing wave is a distribution wave, so watch carefully, if the market experiences a sharp decline it is a sign of a correction.
Today's will be gap up opening in Nifty. After opening if it's sustain above 17400 level then expected strong upside rally upto 17570+ level. Any downside only expected below 17370+ level.
Up Side Possible Trade Nifty Tread Entry - If Nfty Open Near support & Sustain Above Support Zone -(17367 -17350) then you can Buy 17350 ATM CALL OPTION Tread Target - Nifty up side First Target is 17452 and Secod Target 17537 Stoploss - If Nifty50 index Any 30 min candle Close Below...
NSE:NIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Did you observe how Nifty reacted to my zones, opened from zone of 17420-17401 took support from 17263-17241 exactly and went back and ended at the same opening zone of 17420-17401. After many days today there is no change in zones and levels. Trade only on levels and zones with proper SL & TP.
Nifty on daily closing has given a dragon fly doji and respected the level of 17400. The market retested and recovered in the last trading hour of the day. There is a bullish moving averages cross over on daily charts. On hourly chart analysis market respected its 20 ema and has given a nice up move. The market On 15 minute chart, the market traded around its...
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial...
As per my wave analysis, NIFTY can drop to 15000 levels as the signs of economy worldwide is not good. Crude Oil will go up to $125 levels soon from present $95 Dollar is getting stronger and with the combination of Dollar going up and Oil going up, inflation will rise too. Profits will sink as expenses will go up. Hence, valuation of stocks will go down. THIS...
SGX nifty indicates a positive start. But the Dow Jones doesn't support it. in my opinion is the market may take some consolidation between the previous day range. We can expect a correction only when the trend line is breached. and till then the market is likely to go higher.
Nifty will open gap up in today's session. After opening if it's sustain above 17350 level then expected strong upside rally upto 174700+ level. Any downside only expected below 17300+ level.
NSE:NIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Up Side First Possible Trade Nifty Tread Entry - If Nfty Open Near support & Sustain Above Support Zone -(17219 -17240) then you can Buy 17250 ATM CALL OPTION Tread Target - Nifty up side First Target is 17300 and Secod Target 17356 Stoploss - If Nifty50 index Any 30 min candle Close...
Nifty has given a doji on daily chart. The market consolidated whole and tried to gain some points but closed almost flat. The market has stretched and gained around 1000 points in 5 trading sessions. There is a bullish moving average cross over on daily time frame. The market on 15 minute time frame traded whole day around its 20 ema and closed below...
Nifty made LH,LL in weekly chart. My max target for nifty 17600-17800. After get reversed it will go for gap filling 🙃
From 15511 an impulse wave is started and in that impulse wave iii is not extended(means projected less than 161%) that is why wave v should be extended as per the rule of alteration. So wave v started from 16438 is extended after breaking above 17205(61% projection of wave v). Now Nifty may decline towards support range 16948-16675 from given resistance range....
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial...
The global market is marking a negative start. My opinion is, that it will be a minor correction. Once the minor correction will over, then we will expect the rally continuation. (17200 & 17000) & (37500 & 37000) is a strong OI support.