Nifty 50 and sgx for price action
1.this price rance had a two different head &shoulder pattern.
2.first one (blue) inverse h&s incomplete lvl.
3.2nd one(red) break down lvl
just see what is the matter of fact your opinion
dont take serious ,use for reference only
price range guess or expecting lvl
1) 17300-16500-16200
2) 17300-15200 break down lvl or not...
After fakeouts now market went up and breaking 1 hour swing.
It looks like a pullback for day candle or forming a fakeouts candle.
I am looking for long for short term trade in pullback entry(where it is mention as entry point).
Due to the uncertainty in the stock market, Gold and Silver raised to a greater extent.
If you are looking for shorting opportunity, then we have to wait for perfect time in which the market reverses.
This chart will gives you support and resistance for both long and short term.
Disclaimer :
Analysis are purely for educational purpose. Do not take any...
SGX:IN1!
SGX:IN1!
We Are Using this harmonic pattern for short side target. if sgx nifty will not take support from these PRZs as well then we might see lower levels near 15200 +/-.
By tracking sgx nifty we are just taking view of nifty - banknifty .
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal...
SGX:IN1!
Our nifty might imitate sgx nifty move so keep close eyes on SGX nifty move and plan your trade accordingly as per your trade setup.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own...
SGX:IN1!
Hope for the day for sgx, Nifty will open gap-down for sure but if sgx take support from here then nifty also might go up after gap down open.
there may negative new flowing so trade with strict SL even get reversal.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only,...
SGX:IN1!
Ones Again we are using this harmonic pattern for short target so don't confuse your self that harmonic only can be use for reversal trading. now if we could be able to find reversal in PRZ area which is from 17403 to 16996.50 and if our trailing SL hit in short side then only we ll think to go long on Nifty. we are taking help from sgx to trade nifty as...
breakout was not heathy and had a really less volume. may take a support in the mentioned level.
nse nifty may follow the same move as sgx nifty move its way
SGX Nifty seems to be rebounding from the 50 moving average cluster on the daily time frame. As you may already know that 50MA/EMA plays an important role on the daily time frame. Another factor is that RSI is also curving upwards from 45 level, which is particularly a good sign.
With SPX(US index) recovering over 2.5% since yesterday, and SGX getting support...
A broadening formation is a price pattern characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. Since we have been facing some volatility lately, the pattern seems to be developing. Also, the price is now trading below July month open, which puts the net longs above 15746 in the loss. This means that...
If you trade using moving averages, MA, or EMA, you may want to look at the 4hr chart of SGX Nifty. It already broke down the 200EMA. The price may try to recover this level ~15700. If it fails, we are probably going to slide to lower levels. The price is now trading below July month open, which puts the net longs above 15746 in the loss. This means that there...
There is a global sell-off. All the markets are down, be it SPX, FTSE, DAX, etc. SGX Nifty is also tanking heavily.
SGX Nifty may reverse or at least show some bounce from this Green box or from the next support level.
The RSI is in oversold territory and there is a divergence on 4hr.
I think this is a shakeout move before moving back up.
Take positions...
