Nifty futures 15 min chart Wyckoff Re-Accumulation StructureMultiple bullish signs clearly evident in the chart
- The structure of Higher Highs and Higher Lows
- Price Volume Analysis showing clear bullish volumes (volume increase on up move and decline on down move)
- Reversal Action and spike in volume at trendline support repeatedly
- Price Action and slope of the buying wave and selling wave comparison
- A Pennant pattern overall in a trending market
Can look for all these confluence factors in the annotated chart.
Please like the post if you find it useful as it will give me incentive and confidence to post more charts based on the powerful technique based on Wyckoff
Search in ideas for "NIFTY FUTURE"
NIFTY FUTURES 25 JULY 2022Started just above the zone 16609-16621 bounced below to the zone and moved up to next zone 16742-16767 crossing the resistance level 16718, with a small pause.
It could not cross the zone of 16742-16767 and reversed to the resistance level 16718 and ended around it.
THIS IS THE POWER OF ZONES. KEEP TAKING THE FULL ADVANTAGE OF PRO LEVELS AND ZONES.
On 25-07-22, Monday, it could gap up and open to jump the strong supply zone above. But i feel a 2-3% correction is due next week.
Keep respecting the levels and zones.
Nifty futures in Trend Reversal ModeNifty50
Doji candle formed yesterday so today's expectations around 16200 may test once,
Intraday trader's think twice to short.
Days chart shows reverse butterfly pattern movement pending and Doji also formed.
This chart study is only for educational purpose
Conclusion:
Trend reversal coming soon,
Thank you
Nifty Futures Intraday SetupsA. Opening expected around 18000.
B.
Expected path after open - Down move.
TRADE -1 - SHORT if opens above 18000 and breaks it straightaway.
TRADE 2 - SHORT on weak pull back to 18000 after down move.
TRADE 3 - Double Top between 18000 - 18050.
C.
TRADE 4 - If sustains above 18050.
BUY after a weak pull back above 18050.
But keep targets short as selling is expected
from higher levels.
NIFTY FUTURES BREAKDOWNS LEVELSIn 1DAY CHART CHART this stock HAS shown a clear BreakDOWN. THREE POSSIBLE BREAKDOWNS ARE SHOWN.
DISCLAIMER-->
Look through Technical analysis we can predict the best case scenerio.
I am doing my best. And one important request is for you that dont try to fight with a market and DON'T TRY TO GAMBLE. LEARN THE CONCEPTS.
Note:_
Keep follow the levels. This is purely for study purpose. Risk:Reward=1:1
THIS IS PURELY For Study Purpose.
KEEP PRACTICING. KEEP LEARNING.