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On last thee trading sessions, Nifty50 shown fall of about 650 points. Last three candles of 15 minutes have shown strength. Market may move within range of 17100-300.
This is my personal opinion based on candle stick patterns.
Thank you very much.
nifty prediction bank nifty trade set up for tuesday NSE:NIFTY
NSE:BANKNIFTY
Nifty Trend -side ways to negetive
Support -17086
17938
Resistance - 17330
17500
Bank nifty is around 39440 important support if it is saved Supply point 39990
Support 39000 384000
trend negative
We have observed formation of bullish pattern in daily time frame. Even though , Market is showing bearishness, in shorter time frame ; stock straight goes from 1396 to 1511.
I am suggesting buy on dip strategy in this stock. The buying range is around 1400-1500. The immediate target is 1750. The stock is having strength to go much higher than 1750.
Due to...
GBPINR is showing rangebound. Range is 96 to 101. Anyone can make long or short position whenever GBPINR breaks the range of 101 or 96 as the case may be.
Be watchful. Index is severally fall. Hourly time frame is showing mild recovery. Don't make any long position unless and until Index closed above 1794 aka 1800 level on daily closing basis.
For newbies , don't enter in the market. As, Market may not fall immediately from this level ( psychological level of 1700) and market may not sustain at higher level too....
On observing chart pattern, from 19500 level, step up pattern is found. It is bullish pattern. We should maintain our bullish view till BTC breaks 20200 level.
If, BTC crosses level of 20600, we will see a good bullish momentum.
It is basically chart pattern analysis without using any indicators.
It is only for the education purpose.
On observing hourly candle and fifteen minute candles, EURO seems more stronger until it breaks level of 87.1138. Immediate target is around 87.4127.
This only for education purpose only.
I have made efforts in explaining how we can come to conclusions based on the method we know
i have also made efforts in explaining there is no shortcut for any methods , every time you want to trade live you must carry out the method you follow
and you must follow the rules and guidelines for the same
If you have any Questions then let me know
thanks
