Nifty View: The recent bounce back extends further, with the benchmark Nifty index gaining more than 200 points in today's trading session. The intraday charts are improving as the index now deals with the immediate resistance zone of 17,450-17,550. Support from the Banking and Auto sector continues. From now on, the most critical aspect for the rest of this week...
Nifty View: The benchmark Nifty index loses more than 300 points in today's trade. With this fall, the index goes back to an underlying downtrend which increases the probability of further downsides. But considering the fact that the intraday charts are stretched on the downside, we should not discount a short-term bounce back before any kind of further weakness....
Strong selloff for the Nifty benchmark index over the last five trading sessions, during which the index on a high to low basis has lost close to 9%. The short-term trend, thanks to this selloff, has gone down but the intermediate and long-term charts are still holding on to its uptrend. We did manage to observe some bounce back from its intraday lows, and so the...
The rally continues for the benchmark Nifty index as it gains another 157 points in today's trade to post a close at 18,241. A look at the last ten trading sessions, and we notice that eight of these have been positive closes - such has been the strength and resilience of this recent uptrend. Most sectors and heavyweight stocks have also participated in this...
How to apply Ninja Scalping (Pull back method)
Bank Nifty intraday ninja scalping technique #Banknifty, #Charts, #market, #trading
Disclaimer : Views, Videos and Presentations or any information shared in this channel are only for EDUCATIONAL PURPOSES and are not intended as any investment advice. Accuracy cannot be guaranteed on any information/data/facts...
How to apply Ninja Scalping (Pull back method) to Options
Bank Nifty intraday ninja scalping technique #Banknifty, #Charts, #market, #trading
Disclaimer : Views, Videos and Presentations or any information shared in this channel are only for EDUCATIONAL PURPOSES and are not intended as any investment advice. Accuracy cannot be guaranteed on any...
24-Nov-20
Monthly: After Pandemic it is improving & it is in the process of recovering the loss. Immediate Target looks to be at ~ 300
Weekly: Forming a Cup and Handle pattern, it is for reversal of the downtrend
Daily: BreaKout Retest and now the continuation of Cup and Handle pattern
Dollar Index Double Top,Weaker Dollar Stronger Rupee, Nifty Metal Index Breakout on Short and Medium Term Charts. Stock to Watch out for- SAIL, Hindcopper, Shyam Metallic and Energy
BTC after bottoming out has given us a good upmove and a sharp sell off was met by good support.
Expecting BTC to test the all time highs pretty soon as it look really good on weekly charts.
A very good long opportunity for good rewards in the coming few days.
Nifty closed below 17593 which is immediate breakeven point for downside. In this video I have explained latest Elliott wave counts from daily chart to 5min chart. Kindly watch video for better understanding.
Thanks for watching
MARKET ANALYSIS AND PREDICTION FOR Week Ending ON 16 SEPT
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* NIFTY 50 *
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SUPPORT AREAS RESISTANCE
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1ST SUPPORT AREA : 17338.55-17354.25 | 1ST...
Nifty View: Intraday volatility makes a comeback as the benchmark Nifty oscillates within a days range of 150 points. At a close of 17,375, the index lost 28 points on a day on day basis and form a beautiful "Doji". Yesterday we spoke about the possibility of an exhaustion gap on the daily charts and keeping in mind today's price action this possibility to be an...
The markets is making new highs daily. For the long term, we are bullish, however, after such a move, the market might see some correction. Investors are advised to keep trailing stop losses to their positions,
Technically, Nifty has formed a strong bullish candle on the weekly charts which is broadly positive.
On daily and intraday charts, it also maintains a...
Nifty View: The benchmark Nifty index seems to be in no mood to consolidate or slowdown. A gain of over 150 points in today’s session takes the index to a new life high and close at 17,247. Early signs of price-momentum divergences have stated to shape up in the intraday charts which can lead to a consolidation, but considering the underlying momentum and...
Nifty View: A strong opening to the week from the benchmark Nifty index today. A gain of over 200 points to inch very close to the next milestone - 17,000. There is no dearth of momentum and resilience and so we should not question the possibility that this 17K level will be breached. However intraday charts are a little stretched in terms of momentum indicators...
