Search in ideas for "NIFTY FUTURE"
Clear projection for NIFTY and Nifty future, will not fall...!Yesterday, Exactly Nifty future followed my level. I had written that selling will come to 11758 and NF made high of 11754.
Today,
intraday R 11638-11646 and below 11771, the targets are 11528-11517
normal support 11574 will help to nifty move up for a while.
today will important for the next trend of the market.
Kindly wait for NIFTY future exact level after opened market. Nifty can open flat and will start to move up until resistance expected.
hourly chart of nifty futures***educational purpose only
hourly chart of nifty futures
there is a congestion zone between 17450 & 17475. final target for profit booking will be around 17680 & 17695.
trend is buy on dips but this levels are not the right levels to enter into long positions. any current long positions are to be held on to with SL below 17100.
15 min chart of nifty futureseducational purpose only
15 min chart of nifty futures
trend according to Fibonacci
cmp: 17855
support: 17600 / 17400 / 17175
resistance: 18075 / 18300 / 18500
bullish crossover in macd and rsi is above 50 so we can expect 18000 on Monday.
US markets looked weak so wait and re-evaluate the trades once market builds a new intraday trend.
Weekly Levels for December Nifty Future DEC 27-31
Weekly Levels for December Nifty Future
Buy Above 17091.02
Buy Targets 17235.97 17380.13 17496.65 17613.16 17779.04 17879.75 18223.36 18600.55
Sell Below 16914.88
Sell Targets 16769.93 16625.77 16509.25 16392.74 16226.86 16126.15 15782.54 15405.35
This not necessarily means BUY above 17091 for Intraday .Intraday guys use these levels as ladders . Support at any level is BUY and resistance to any levels is SELL
These levels are created using customized volatility and AI algorithm (polynomial regression).
***************** Nifty View for DEC 27 ******************
NIFTY Current Position is long bought on December 21 at 16750 Action for 27 December continue long and reverse to short if NIFTY closes below 16891.56
Diamond pattern in Nifty Future on Daily chart Diamond pattern in Nifty Future on Daily chart , its very rare pattern few days ago we have seen in Bharti Airtel and its down now . Yesterday this pattern formed in Nifty daily chart on top side it may bring Nifty to 14550/13700.
If nifty closed above 15354 then this pattern is void.
Bank Nifty FuturesBank Nifty Futures
RSI on daily charts has just bounced from 50. Moving average are just crossing over and there was a recent Doji which could be a start of a new uptrend. Daily charts means that this study is for a positional or short-term trade with a timeframe of about a week.
Intraday charts or 15m charts look a little doubtful. I am looking at Heikin Ashi to understand the trend and the closing candle was a red one and this means that we might see a little weakness in the start of the day. I tend to lean more towards the chances because RSI is in the overbought range as well.
The first support is at around 36000 which is a good 485 points from the closing of 36485. Entry to make new long positions can be made at around 36300 levels with stop loss well below 36000. I feel that bank nifty will bounce back once it finds support.
Bank Nifty Future 1HourHi Friends
Bank Nifty from last two day look very indecisive and
one hour seem that Price will go for retracement .
Bank Nifty near to 35000 millstone and where highest OI as of today/ however there was new addition to 35000 CE today .
Tomorrow being expiry day I will look how 35000 CE develop .
In Bank Nifty Future i will track 34741.
BANK NIFTY FUTURE VIEW FOR 07/12Bank nifty future closed above recent high (25th nov) as well as BE candle high.
And formed a bullish candle in daily chart and long lower shadow in weekly chart, which indicates more upside in the near term.
Bank Nifty future may trade in the range 30038 -30786
Decision Range :30115 - 30147
Above 30147 : 30252/30360/30466/30584/30689/30786
Below 30115 : 30038/29906
Mid Range : 29337-30884
Let us see what happen....
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BANK NIFTY FUTUREI HAVE WATCHED MANY A TOP BORDER ON THIS FORUM GIVING CALLS TO SHORT BNF SINCE THE LAST ATLEAST 600-1000 POINTS. SOME OF YOU MAY HAVE GOTTEN TRAPPED IN THAT ORDEAL.... HOWEVER, IF ONLY SOME OF YOU HAD DONE YOUR HOMEWORK, YOU MAY HAVE REALISED YYYYYYY U NEVER SHOULD HAVE SHORTED ..... BELOW IS A SIMPLE AND LOGICAL STEP TO WHAT UNFOLDED SINCE 20431 LOW.
1. NIFTY SPOT HAD ITS 200 DMA AT 10760 ON LAST MONTHS EXPIRY DAY, AND IT TOOK SUPPORT JUST 20-30 POINTS ABOVE THIS, WITH VERY HIGH VOLUMES AND THUS HELPED BANK NIFTY RECOVER AS WELL.
2. THE MARKINGS ON BNF IS WAVE 5, AND THIS IS THE LAST LEG OF THE LEG UP ON ''''''' MOST INCIDES''''''. AS YOU ALL ARE AWARE,, ELLIOT WAVES ARE FRACTOL PATTERNS WHICH REPEAT THEMSELVES OVER A PERIOD OF TIME. THESE PATTERNS REPEAT IN WAVE COUNTS OF 12345...ABC.... TO PUT SIMPLY AND KEEP REPEATING OVER N OVER N OVER.
A. WE START THIS LAST LEG AT POINT 0 WHICH IS 20431 ON BNFUTURE, AND TAKE A LOOK AS HOW THINGS UNFOLD.
WAVE 1 = 20431 TO 21840 = 1409 POINTS @ IMPULSIVE
B. WAVE 2 = 21840 TO 21141 = 699 POINTS@ CORRECTIVE
C. WAVE 3 = 21141 TO 23403 ..... SO FAR THE HIGH IS 23480.
HOW DID I GET A FIGURE OF 23403 ????? TO DO THIS ONE HAS TO COMBINE A FIBONACCI RULE WITH EW. EW SAYS WAVE 3 CANNOT BE THE SHORTEST OF THE 3 IMPULSIVE WAVES WHICH ARE WAVE 1 3 N 5. IT CAN BE EQUAL TO 1, CAN HAVE EXTENSIONS, BUT CANNOT BE SHORTER THAN WAVE 1.
SO WAVE 1 WAS 1409 POINTS, WAVE 2 WAS 699 POINTS . EXTENSIONS AS A THUMB RULE IN FIBONACCI ARE THE FOLLOWING.... 1.618...... 2.00......261.8.... 323.8, HENCE IF YOU CALCULATE THE EXTENSIONS OF % OF WAVE 2 @ 699 POINTS, YOU WILL COME TO 23403, AND THAT WAS IT...... TO TRAP LONGS, BNF DID 23480 AND CORRECTED 300 POINTS YESTERDAY IN A MATTER OF 5 MINUTES.
HOW WILL WAVE 4 BEHAVE ????? WAVE 4 IS ALWAYS THE MOST LETHAL WAVE ON EITHER LONGS OR SHORTS..... IT WILL KILL PEOPLE ON BOTH SIDES ESPECIALLY IN A CORRECTIVE PHASE..... LUCKILY FOR US, WE ARE IN THE LAST LEG OF THE IMPULSIVE PHASE, HENCE WAVE 4 WILL BE MORE GENTLE, IT WILL INCITE EUPHORIA..... GET ALL RETAILERS INTO THE MARKET , START WAVE 5 WHICH WILL TAKE THE MARKET HIGHER AND THEN START ITS CORRECTIVE PHASE.
HOW WILL WAVE 4 BEHAVE ???? WAVE 4 IS TYPICALLY 14.6%.... 23.6%...OR 38.2% OF WAVE 3. SO IF AND ONLY IF WE HAVE COMPLETED WAVE 3 AT 23480, THEN WAVE 3 WAS AS FOLLOWS
21141 TO 23403 = 2339 POINTS... THUS THE ABOVE FIBONACCI CALCULATIONS WILL GET YOU THE BELOW RETRACEMENTS OF WAVE 4
2339 POINTS @ 14.6% = 342 POINTS , SO 23480 LESS 342 = 23138
2339 POINTS @ 23.6% = 552 POINTS , SO 23480 LESS 552 = 22928
2339 POINTS @ 38.2% = 893 POINTS , SO 23480 LESS 893 = 22587
BANK NIFTY FUTURE WILL CORRECT TO A MINIMUM OF THE ABOVE 3 ZONES .... THAT IS GUARANTEED AS PER EW ANALYSIS.
I WILL UPDATE LATER AS SOON AS WAVE 4 IS OVER ON THE WAVE 5 LEG UP...... PLEASE REMEMBER ....... WAVE 5 UP WILL BE THE LAST LEG ON MOST INDICES, AND A CORRECTIVE PHASE WILL START THERE, SO BE CAREFUL..... DO NOT GET CARRIED AWAY WITH THE ''''''' EUPHORIA''''''''
LASTLY SOME OF YOU MAY BE SURPRISED TO SEE ME HAVING MARKED WAVE 4 GOING ALL THE WAY DOWN UPTO 21840....... THAT IS A POSSIBILITY IF THE 3 FIBBO %S BREAK, BUT.... EW ALSO SAYS .... NO MATTER WHAT, WAVE 4 CANNOT ENTER THE PRICE TERRITORY OF WAVE 1 WHICH IS 21840, HENCE JUST TO CAUTION YOU ALL, I HAVE TAKEN THE LIBERTY TO SHOW YOU THAT 4TH CAN GO ALL THE WAY TO 21842..... BUT CANNOT ENTER THE PRICE TERRITORY OF WAVE 1 HIGH WHICH WAS 21840, IF IT DOES.... GOD HELP THIS MARKET
bank nifty future analysis on 15 march 2018BANK NIFTY TREND CHANGER LEVEL AT 25250
BANK NIFTY ROLLOVER COST AT 25010
LAST ANALYSIS MENTIONED BANKNIFTY FUTURE HAS STRONG RESISTANCE AT 24850-24900 .. ONCE BREAK CAN TEST 25000 AND STAY CAUTION AT HIGHER LEVELS DONT JUMP AND BUY AT HIGHER LEVELS AND TODAY HIGH WAS 25090 THEN REVERSED AND MENTIONED LAST ANALYSIS GO LONG AT 24850 AND ACHEIVED 2 TARGET 24965
NOW BULL SHOULD PROTECT 24840 FURTHER RALLY UPTO 24900/25000/25100 AND BEARISH BELOW 24650 CAN TEST 24550/24450/24300
BANK Nifty FUTURE INTRADAY Levels are
Long above 24950 TARGET=25085 -25160 - 25245 , SL 24860
Short below 24800 TARGET=24650 -24550-24350 SL 24910
NiftyBank & Nifty Futures key Trading levels for 11th April 23NiftyBank & Nifty Futures key Trading levels for 11th April 23
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Bank Nifty Future Broken the Pattern TodayBank Nifty Future Broken the Pattern Today, and Made Low 43177 on 1 Hour Chart.
As I have already mentioned that Bank Nifty was trading in the same pattern for 3 days but now today we can see that it has given the breakout in the downside, and given rally of 400 points.
If you have any query, please feel free to post in comment section.
MarkitVUE Disclaimer : Information provided here meant for study/education purposes only & should not intended to as a trading/investing advice.