Double Top and Bearish Engulfing candlestick pattern formed on Nifty. It is a signal for bear to takeover the nifty from bull. Fall will start from 10440 to 10396 / 10330 and possible to reach 10240. "Happy Trading"
Nifty Jet Planes are get ready to fly and current status on standby mode. Waiting for confirmation signal of breakout and whichever the breakout signal happen, particular jet plane will start to fly and mission target of 11000.
Watch the levels for breakout,
Breakout level 1 - 10325 (Jet plane 1 on board)
Breakout level 2 - 10285 (Jet plane 2 on board)
I will ...
A quick overview at how the Nifty is shaping up into the period going forward having witnessed a good correction of just under 3% from the recent highs it has just made. Chart speaks for itself!
Hi All ,
Everything on chart
Its just few observations from my end , Don't know Elliot or Neo wave much.
Elliot and Neo wave champs please comment.
Just for study purpose , Please consult your financial adviser before taking investing decision.
Thanks.
There is an unfilled gap from 8970-9020. Market will try to fill it as soon as possible.
Target: 8975 (175 points)
Stoploss: 9200 (50 points)
R/R: 1:3.5
Regards
Greetings traders & investors,
This analysis is a combination of various prospects & contains a clear description for each of that
"we don't understand a movie by missing half of it".- the same is true with markets,
Let's understand NIFTY in higher time frames & continue through the same tunnel in lower degrees
There are 'n' number of ...
if the upper resistance line isn't broken then chances are nifty can reverse for another low, as all the structures made here are 3 waved structure, and it doesn't seem ready to go up just now.
Count invalidates if the line is broken.
