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DI1F2027 AnalysisDAILY Bearish trend. Recently liquidity swept on the upside, if breaks str on downside(around 11.16), and then returns to that supply around 11.77 levels, it will be a good short, which is possible bcoz we have a mitigated dd below. However, eventually I don't expect the demand to hold, bcoz by then supplies would have been respected multiple times and dds would have failed continuously. 4H 4h trend bearish currently. Have an inside bar supply POI around 11.52 levels. Can be a good area to look for shorts, however it may or may not hold as well, coz price 1st swept liquidity on downside, then on upside and now took demand from 4h dd zone and moving up. So, short only after seeing choch in lower tf. 15M In an uptrend(substructure) as of now, within 11.435 and 11.280 range. We have recently started an upmove from a very good 15M dd zone. We have a supply zone which swept liquidity just before its formation, but it did not break any significant structure yet, so we can't short immediately from there as we are also in uptrend in 15m currently.
BMFBOVESPA:DI1F2027
by anjanaarora22
1
NIFTY AND BANKNIFTY WEEKLY UPDATE!!good morning members!! -back with a weekly update global observation -dollar index above 110 which is bad -we have discussed this higher the dollar index fii will pull money -but the daily chart in dollar index is showing negative divergence -which indicates a top in dollar index is near USA MARKET UPDATE -index closed negative of friday too -record level of shorts in us markets -a short squeeze is on the cards -historic data us market remains negative in sept EUROPEAN MARKETS -euro markets are going to suffer the most -the term "winter is coming actual suits them" -gas prices are going to go higher -our natural gas play is going good -european market inflation is going higher and higher INDIAN MARKETS -what we need to see how much of the negative news is priced in -we have no doubt outperformed global markets -view is still bearish but we are absorbing the news -if dollar index tops out we will see major boost in second half of the month -if market consolidates will be great -we are in a better position -remember our market will outperform if there is a global market -we have seen dollar/inr find resistance at 80.2/80.3 -rbi is capable of monetary intervention NIFTY INDEX TECHNICAL VIEW -in simple words nifty index is consolidating -rejecting the trendline on the upside -the best and ideal position to buy nifty index is at 17030-17050 or above 17830 -remember if we absorb the global pressure we will fire on the upside sooner of later -our view of new all time high till diwali is intact -today we have a holiday in usa market due to labor day -remember crucial for nifty to defend 17500 -if breaks below i will look for levels of 17050-16950 zones to accumulate nifty SUPPORT 17430-17225-17150 RESISTANCE 17630-17740-17830 (levels based on closing basis only) BANKNIFTY INDEX TECHNICAL VIEW -banknifty index is more strong compared to nifty -index is trading in a range of 37800-39800 -note here the index is making higher low each time -levels to watch in banknifty index is 38850 -a move below this level will open up a move towards 37800-38200 -a move above 39800 (sustains for 15-30 mins) will open up a trending move in banknifty index SUPPORT 37800-38200-38800 RESISTANCE 39750-39800 NOTE FOR BOTH THE INDEX -past three days we have inside bar pattern on daily chart -a range break on either side will lead to a good move DATA -fii long exposure down to 19% -all are worrying -its a good thing their exposure is less in the market -banknifty and nifty pcr @0.95/1 -only worry is naked put exposure of retail -they can be taken to cleaners if market reverses FOR FURTHER TRADE ACTION -Check the link in the signature box -further updates only in the channel
NSE:NIFTYLong
by manavtechresearch
1
NIFTY 50 - 15 MIN CHART - 25.08.2022 - BAHAVAN CAPITALNIFTY 50 as per previous post. Today it was in sideways and formed a inside bar candle. FII Net Buying was at 23.19 Crores and DII Net Selling was at 322.34 Crores. comparatively then Yesterday it looks more weaker. If market opens Below 17561 then Support at 17495 / 17430 / 17347. If market opens Above 17679 then Resistance at 17728 / 17748 / 17783 / 17882 / 17945 / 18000. Till today market is holding up without a big fall and tomorrow hopefully will be a deciding day for the market movement to uptrend or downtrend. Happy Profitable Trading to all...
NSE:NIFTY
by UnknownUnicorn19608572
[Diary] NIFTY Price Action OverviewWrote on 19 Aug 2022. I had stopped being active in Tradingview as the adrenalin to be on the Top in the People page is no more. And, it is bad actually. My good habit is gone. Anyways, In an old discussion from 10th July, 22, I plotted the following chart - Before we dive into the word "Retest". Let's talk about what is not a retest. I usually draw arrows on my expectations. Like in the case of Indigo, I have outlined, I am expecting it to shoot up directly. But, in the Nifty chart, I have made a down arrow first which is bounced from the channel. Right? These expectations are based on micro observations. Like in the case of Indigo, Kind of stuff like that. You can see my Crude Oil view with the above reference. Here is Nifty afterward. It broke the high of the Inside bar and went up straight upside. PS - I did not fathom it will happen. When things like this happen, I just assume that I went lucky. Like if you think the Nifty trade is almost finished and having FOMO, check this trade - It fell as expected but did not go up afterward. While You can argue that Nifty did not fall as I expected either. Anyways, so what is the current observation on Nifty The rise is quite steep, so there has to be a mean reversion. The buy mode is continued unless the weekly low is broken! As we are not astrologers who can tell it will go to 18123 at x day and at y time. Simple way is to just buy it with a SAR (Stop and Reverse) on the dotted line. And I have another interesting observation here -> Usually, a 20% rise is normal and it happened before! The last rise lasted even 3 more weeks. So, people shorting Nifty on the theory of prayer strategy may be upgraded into higher-level priests as they may have to pray for three more weeks like last time. In short, buy with weekly SAR. But I like to write down how my thought process is laid.
NSE:NIFTY
by Amit_Ghosh