LOOK IN THE VIDEO IN THE VIDEO FOR THE SUPPORT AND RESISTANCE LEVELS .
FOR TOMORROW I WII BE SHARING MY SETUP SHARP AT 8 AM IN THE MORNING.
DEPENDING ON THE PRICE ACTION TRADE ACCORDINGLY
price is in a range from last one and half month.
expecting a upside breakout in coming months or days.
if breakdown comes i.e ( weekly close below 14500) we have targets till 13k-13200 level but our view is bullish and we expect a upside breakout for a target of 16700-17k.
Trading Strategy
Buy if Index halts or stops in the zone 14790-14810 for short term upside move 14880/14925
Sell if index halts upside in 14925-14950 with strict stops above 14985
Strictly Avoid any selling if Index crosses above 14985/15000 levels.
Thanks
Banknifty is looking slightly more bearish if not bullish for me.
Please watch the video for the insight in reality of Psychology and Trading.
Please comment and let me know if you have any other ideas or observations. I really appreciate counter questions and constructive criticism.
The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
A real trading example of how to trade a "SYMMETRIC TRIANGLE PATTERN" formation :
Things to be watched :
1.Symmetric triangle formation
2.Consolidation breakout
3.Entry after retest
4.Stop loss point
5.Trailing your profit's
6.Taking partials at regular intervals
Thank you !!!
Today's Nifty Analysis 09/04/21
I have described every point visible in the chart. If something is missing, please notify me. In the next video, I will be sharing weekly analysis of Nifty. Hope you enjoy the weekend.
it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.
NIfty remains to be in Sideways trend coz of increase in coronavirus cases.
