SGX:IN1! sgx formed rising wedge till all time high sell zone and breaks it today,may reach 18300 level in no time. watch beloe 18607.
Resistance for Nifty Future Contract (SGX Nifty) R1-18670 R2-18812 R3 -18921 Supports for Nifty Future Contract (SGX Nifty) S1 -18460 S2-18250 S3 -18085
Hindalco Swing can be taken for following reasons : 1) Weekly Timeframe has tested it's demand 2) Daily Timeframe has tested it's structure 3) 4HR has switched to its bullish structure
SGX:IN1! sgxnifty should repeat the history with help of strong s/r zones of monthly/quarterly time frames, just watch sgx slide through the marked zones.
SGX:IN1! #SGX NIFTY has important week coming for the future of new all time high and a pull back scenario, ig sgx namages to break the current sell zone then only we can keep hopes for new all time high levels or at least a rally till previous high levels. if we do get aa pll back then first fresh support should be anice and safe target for thee correction...
SGX:IN1! update for last post (daily time frame) on smaller timeframe, please respect the zones and confirm zone breach/break with candle close confirmation method only.
SGX:IN1! sgx must give weekly close above 18030 aur sustain above current support marked below, if support breaks and becomes resistance at retest, we shall se trend change to downside move.
SGX:IN1! since last week sgx has been strugling to push through weekly selling zone but has failed to do so far , if we get a support breakdown, we might see sgx reach 17400 levels within this or next week. watch how sgx reacts to current s/r zones market on chart along side with 17400 level zone. if sgx manages to break above current resistance zone, then we...
SGX:IN1! SGXNIFTY is back to the crucial trendline of daily timeframe which gave us massive falls multiple times in past, sgx is at weekly/daily/hourly resistance zone and showing rejection from resistance zone currently, if sgx breaks current support of 17499/17480 and sustains below 17740, then we can retest the 17300 levels again. the yellow zone can hold...
SGX:IN1! sgxnifty has formed a nice parallel channel going upwards, after breaking the daily trendline we can expect a sideways pause and then more upside till 18000 level above 17750 closing, current fresh support zones are 17592/17569 and 17499/17480. if we gwt a parallel channel break on down side then we might retest 17500,17480 support zones before...
SGX:IN1! SGX NIFTY is showing negative sign/rejection at the important weekly daily supply zone, if breaks 17642 then we can see downside move again. requirments - -must give daily closing below 17767 - max upside movement till 18037 if crosses 17937 - above 18037 can give some points in upside
SGX:IN1! sgxnifty is approaching crucial trendline of daily timeframe with 2 resistance zones present at/near the trendline, first resistanse zone is 17500/17057 and the next immediate resistance zone is 17632/17713 which is inline with trendline and can trigger the next corrective fall if respected by sgx. fresh strong support zone is formed at the levels of...
SGX:IN1! SGXNIFTY can start downfall till 16800 if current support zone breaks, there is chance it can go upside to retest fresh / important res wich was previously strong support and then fall back to 16800.
Having a bearish view for SGX Nifty. Price broke out of bear flag pattern and retesting the pattern as well as another rising trendline from 7th Oct. This indicates bearish pressure for India markets as of now at least until 16800 to 17000 levels at short term. Just my view, please do your own analysis. Thanks
clear breakout clear retest almost perfect 41% down...
IN1! - SGX Nifty took support of Rally Base Rally Demand zone at Trendline and we can notice Wave Volume Bullish Divergence as well. Finally, I can predict that we might expect a bullish move up till the next resistance zone. If this analysis was useful to you, please like it, follow me for such analysis and and let me know what you think about this analysis in...
One Hour Chart Analysis Support Zones For SGX NIFTY Trading First Support For SGX NIFTY – 18685 Second Support For SGX NIFTY – 18579 Third Support For SGX NIFTY – 18495 Resistance Zones For SGX NIFTY Trading First Resistance For SGX NIFTY – ...
Current trend is Very bullish & | expect resistance will be easily broken as SGX Nifty is trading close to all-time high levels.