NS retraces 500+ points from the recent highs... Yesterday found support @ 18048 and bounced as already mentioned in previous studies... 18396/18510 will act as resistances for short term.. This study is in continuation of the below study.
17941 is a breakout level for nifty keep an alert at it this level is tested for 4 times , after breakout in live market can expect a big up move
The Story: There is a long term ascending channel that nifty has traded for almost 12 years. It broke the channel on down side in a very decisive way in 2020, and then got back again into the channel (fast and furious :-)) . Since then it followed another ascending channel (shown in the chart) which is quite sharp. In April 2021, it left this sharp channel ...
I have tried define the the movement of nifty through elliott wave. Questions are welcomed
Nifty is highly bullish and is following an upward channel. It will stay bullish as long as its following the channel.
Nifty is following an upward channel. It has broken out of the range.
* 35800 Level acted as Resistance level previously if price sustain above 35800 level chances of up move upto 36000-36500 * If market face Resistance @35800 level then 35500-35300 levels will act as support. >> Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** >> Visit My Ideas Page for Daily Stock...
refer chart. read in 5 min chart for better price action
Apollo hospitals about to give breakout from the triangle pattern, keep it watchlist and trade accordingly
market is expected to open gap up on monday . view is bullish in 2nd half .
Above 15050 Nifty is in uptrend. But we can expect profit booking at 15300-15400 range. Major Resistance:15300 Major Support: 15150 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader
Failure to break 14900-15000 the price has again came within bearish range that is followed from March month., Breaking the friday low may start a bearish trend in nifty. ***** Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy...
I expect bullish view as SGX Nifty is already up by 14800 as its previous close was 14626 So, we can expect bullish. Global Markets too are positive. Dow Jones and Nasdaq are all time high.
**These Positional Swing numbers are valid for 19th FEB 2021 ONLY and new numbers will be generated on 19th FEB EOD ,after 3.30 PM for 22nd FEB** Performance Report :(as of 17 FEB) drive.google.com ADANIPORTS ============= Current Position is Buy, bought on 01-FEB-2021 at 515.07 Action for Next Trading Day: Continue LONG and reverse to SHORT if ADANIPORTS...
First step of a successful trader is to build a Trade plan & review what he has done. This Channel is my Journey in Stock market as a Trader. This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all ) Here, I will disclosed my Trade plan for trading day & review them, share my learnings. with hope that this will add value to your trade setup...
These are the levels in nifty which should be watched carefully