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
Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Nifty Spot Price : 19443.5. India Vix Spot : 11.04% - Nifty Daily Range : 19331 To - 19556 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 Analysis Recap from yesterday: “For tomorrow, I wish to change my stance to neutral if 19446 is not getting broken in the opening 2 hours. I would love to go bearish if 19310 support is broken” The encircled areas on the chart represent the period when 19446 resistance was in play. The open was right at that zone, then we spent 09.55 to 10.25 around those...
Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Nifty Spot Price : 19406.7. India Vix Spot : 11.19% - Nifty Daily Range : 19293 To - 19520 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 Analysis Recap from yesterday: “For tomorrow, I wish to maintain the bullish stance with the first target of 19446 and then 19576. If we are going down, the first level to watch will be 19310.” 19446 level never came into the picture today, but 19310 looked quite vulnerable for a breach today. The open was in line and then we had a strong RED candle. From...
Nifty has been forming gaps as there are gap up for last 2-3 trading sessions and is trading above both the daily moving averages. On the hourly charts, the market seems to be consolidating in a range for last 2 days. A break out can give a nice rally and nifty has more chances than the expiry index tomorrow. Support :- 19330, 19270 Resistance ;- 19430,...