Long white day candle was formed where the price is up by crossing the previous 3 days of the candle. Control Price (ii) which is spot nifty target (11540) and resistance nearby it. Notice, many times "control price (ii)" shown its strength. The possibility of Profit booking can be 11525-11580.
Statement (1) : As per "No trading activities", the price is not going to cross above the Control Price which drew by blue color. Statement (2) : Presently, Nifty is again going to high volatile as show by Remarkable box . Statement (3) : From the timeCycle, approximately move projected by (A),(B) and (C) . As per channel, the main support is 10525 below...
R1 at 10860 nearby and R2 10885 is my trade setup
If we ignore the RESPONSIVE result and initiative move, We get the Channel. As per channel, Final support 70 points far from current trading value. But in the meantime, previously acted 10916 support. Channel Support is at 10871 nearby.
Detected Tail: price rejection with sellers activities. A box which was drawn after the tail is sellers area. If price surge with above it and we see the again tail will confirm of selling 28310 nearby. I ll update later accurate target.
The price is attracting toward the Gravitating Value side, which is already drawn by "a", "b" and "c" . In the short time of period, how and why price again coming("d")? At the "d" point, we've got DOJI (price rejection). x,y, and z are the demand area from where price bounce to the upside. The following scenario can be considerable, 1) If a price...
As per the daily chart, fall is still left but the question is where to sell ? Detected tail in the last secession. Let's look at a smaller timeframe chart. Banknifty resistance starting from 27777 to 28073 as per channel. The last update was for paid customers at 27777 for sale which was below (4). Nifty is going to open gap up 78-89 points...
Target is easy for banknifty.
Reference of "time-cyclecle (i) ", We have protime-cycle]timeCyclethe (ii) for target (4rth wave) at 11280 expected 20th AUG 2019. The control price also can gravitate the price toward 11280, if this 3rd wave is clear. Worry for long traders 10923 below . Suppose to break this level will create a heavy short position.
Channel support 10996 and "control price " support at 11069. Target is 11264 the as per daily chart of gravitation. What should be the ENTRY point?
Support at 1140 on a demand line for the target of projection " W " at 1176. If the price will found on this stock will push the price 1258 and 1280 . Expected time after 18th AUG 2019 (Spike)
Nifty trading in the middle of the channel. The channel, “Gravitating Price” which is from (1) to (7) is a magnetic price toward it. There’re 3 excesses already display in the chart. In respect of excess(iii), Nifty will create excess (iv) presented which is the expected range of 10811 to 10600. This range of excess(iv) will strongly attract...
Everything Drawed in the chart.
Nifty again trading at value low where trader always think for buy. For spot nifty 10860 below it will be value low. Intraday s upport 10835 for spot which attract buyers.
No need to write more about NIFTY. We have detected turning candle at value low.
Previous support existing at 28530 and intraday target 28342 of Chanel. Finally, intraday support is at 28340 nearby. We may see a pullback 11 o clock nearby. Refer to last research of BANKNIFTY.