Bull Shark pattern on Nifty (spot) but the price not yet fill the pattern so need to wait for completion of the pattern. Once the pattern get filled then bull shark will take over the price to upside. I am expecting to fall up to 9550 and pattern also get filled. This pattern gives you the signal to buy(long) only.
Levels of Nifty (Long)
Level to enter -...
RSI Overbought on Weekly Chart and looks like Nifty to form a Evening Doji Star Candle pattern. Its indicating the bearish movement on Nifty and the levels are measured by fibonacci.
The title can be very easily misunderstood, Right Attitude & Mindset towards trading helps you in finding the right opportunities and to trade better. Many think attitude is bad, Nope not at all... You should be strong & stern towards what you believe in your strategy & Should stand for that, That's the Attitude.
So, what do we have in Nifty ? The larger...
So where to begin with ?! Let's go with analysis first then we will touch up on Gann.
Why I'm aiming the zone of Nifty 9570's, as mentioned in previous post I can see potential ABCD pattern , though its bull run it may trigger downmove a smaller relief rally of 100 points. Apparently, we are aiming at 9750's zone for this bull run target zone, if My guess is...
Yes it is ! When you have trade plan and everytime you need to stick to it , even if your expectations differ. You can clearly see it here, We clearly despise this bull run but that doesn't mean we shudn't trade longs in Nifty, grab whatever it offers as per the plan. Even if its bearish breakout we are not gonna hesitate to take the trade, it's what it is,...
We are repeatedly discussing this is completely inflated bull run and I'm not sure how long this run will exist but the longer the inflated run, the bigger the correction. We are all gonna love it, we will rock with bears thats for sure but just wait for it. Now its not the time, so whatever the bullish run offers bag it. There is not even slightest retracement...
Feels like Nifty will be ranging between 9360's and 9280's but on the channel break, scalpers can have few more points on the downside till 9280's.
Get Bullish only after reversal. Happy Trading week !
Look at the black trendline I have drawn, it's so steep almost like 80 or 85 degree. Very Bullish move without any retracements.
By the way, I'm very curious and interested to know whether any Gann Guys predicted this steep move this week with time frame too ?, that would be superb prediction from Gann angle !
i) Clearly, another Bull Day expected as Nifty made...
Eagle - wait and catch the trade at perfect level. I have mentioned the path of nifty for short term.
Path 1 - drive to the trend line and vehicle may get accident once to touch trend line. Reason - MACD is not exactly on strong bullish trend so nifty have less probability to break the trend line.
Path 2 - if nifty failed to break the trend line, leads to...
The extended Bull run may have a hearty laugh at bears today unless the market opens gap down or break of trendline happens. Nifty is expected to go around 9180's n face resistance , with some bear confirmation , short positions can be initiated. But the Bear trend gets confirmed on break of red trendline. Else, Bulls will close the market with extended rally...
Hi All ,
Putting up some alternatives on nifty .
Most important fact to be consider for the above alternatives is PUT / CALL Open interest .
9100 Put And 9200 Call OI interest are around 52-55 lakh.
1) Head and Shoulder formation (As shown on chart)
2) Running flat :
Assumption A leg started on 28 march green candle with low 9079.8, Currently B leg move down...
#Atul BSE:ATUL NSE:ATUL trading in #NSE and #BSE with a share price 2450 has breakout from previous resistance at 2438. On daily charts the channel has been breakout from previous resistance placed at 2438. On weekly charts it has been breakout from symmetrical triangle.
Volumes have been rising with price rise form 6 trading sessions
MACD oscillators have...
The Black line on RSI is showing Strength is falling which means prices may fall. There are two support we could expect Nifty to stop on.
If Nifty breaks support of 9023 and finds support on 8958 then we'll get a Bullish Harmonic Pattern with target of 9116.
Expect this harmonic pattern to form successfully.
