As we have been discussing NIFTY is in the Channel and it has faced resistance upside and now at the moddle of the channel. if it comes to downside it will be continuing it move to downside till the lower support of the channel. Reasons: 4H-tf Trendline as resistance upside. trading at middle of. channel, might take support from here. if breaks to...
This is an educational post. I am not a SEBI registered . Nifty will be bullish to buy on dip above yellow and green zone. But 10 ema and 20 ema should be rising price must be near 10 ema and 20 ema. And sideways movement between yellow and red zone. And nifty will be bearish below red zone but 10 ema and 20 ema should be falling. And the black line is for profit...
Nifty Analysis Recap from yesterday: ”For monday, I wish to continue with the neutral stance — but a slight bias to the bullish side after seeing today’s momentum. The first level to watch will be 19562 on the upside and 19310 downside.” On the 5mts TF, I have encircled 3 regions. The close on Friday. The Diwali Muhurat trading on Sunday. The close of...
nifty 50 looking bullish for now, looking yesterday's highs with the buying movement.
2024 elections: Morgan Stanley expects Sensex, Nifty to rise 10% by May 2024.
1. Stock has been in a channel from a long time 2. Chances of Sustaining of the channel is very low 3. High probability to get breakout on upside 4. Risk to reward is favorable 5. No immediate resistance
1. ATH breakout set up 2. Very attractive RR 3. Breakout and retest 4. Major trend -Bullish
Nifty is currently forming the 5th wave of Supercycle degree, and there's an anticipation of a 5th wave failure. This is expected to mark the conclusion of the rally that began on March 23, 2020. Following this, a decline is anticipated, targeting the range of 15,000 to correct the entire impulsive move.
Nifty important levels to watch are as follows #Support: 19330 Sell below: 19330 only on 15 minute candle closure below the level. Target 1: 19300 Target 2: 19270 Target 3: 19250 #Resistance: 19365 Buy Above: 19365 only on 15 minute candle closure Above the level. Target 1: 19390 Target 2: 19420 => # Remember each level will act as a support and...
Nifty Analysis Recap from yesterday: “For tomorrow, I wish to maintain my neutral stance but wish to go short if 19310 gets broken. Somehow I feel the chances of a fall have a higher probability than a rise. If we are breaking 19446 tomorrow, then I would like to wait till 19562 gets broken to change my stance to bullish.” If you watched the opening 45 minutes...
below 19500 we will looks for short side for day only and in positional we are long side if cross 19500 then only
Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Bank Nifty Spot Price : 43658.65 India Vix Spot : 11.04% - Nifty Daily Range : 43406 To - 43911 See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point. Second By Second Change The...
Nifty Weekly Analysis Between the last expiry and today, Nifty has risen 260pts ~ 1.36% and has crossed 2 important resistance levels. The bullish momentum has stalled a little bit from 6th of Nov. If further trades happen toward the downside, then the current level will act as a lower high. Nifty Today Analysis Recap from yesterday: “In line with yesterday’s...
Everytime Nifty has formed 2 or more NR7 candles consecutively, it has given a down move. The retracement till .5 - .618 of the previous down move is also completed, so more up-move is highly unlikely. Keep a Short bias.
Nifty important levels to watch are as follows #Support: 19395 Sell below: 19395 only on 15 minute candle closure below the level. Target 1: 19350 Target 2: 19300-19280 #Resistance: 19460 Buy Above: 19460 only on 15 minute candle closure Above the level. Target 1: 19510 Target 2: 19580 => # Remember each level will act as a support and resistance...
below 19500 we will looks for short side for day only and in positional we are long side if cross 19500 then only
Good Morning Everyone, Nifty closed its rangebound session on a positive note and formed a Dogi kind of candlestick pattern on the daily charts for yet another session on the yesterday session. Nifty is trading in higher highs higher lows for the fifth consecutive session. Bulls are still holding the game. If nifty is giving strong closing 19450 above then next...
looking bullish movement in the n50 till 19520-550