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...
SGX:IN1! SGX Nifty entered in harmonic PRZ. We might see reversal in this zone. We might see reversal on Nifty. Chart is just for educational purpose.
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
once it goes above trendline and after retesting trendlne it will move towards range 18235-18264, our nifty will move accordingly also
SGX NIFTY All time trendlines, support & resisstance.
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...
Failure to break 14900-15000 the price has again came within bearish range that is followed from March month., Breaking the friday low may start a bearish trend in nifty. ***** Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy...
Even close below 14200 happened next day it rebound, it is now creating an another range in the bearish side. A convincing break is required for a trend. Above 14500 things can get bullish till that time its bearish. Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
LONG SCENERIO - Nifty50 has been trading in a very crucial level. The gap up from 2nd of Feb (Budget day)has being acting as very crucial support & seems to be like big players spot. Well we wanted to know if NIFTY has a momentum while giving reversal from support & we plotted a divergence that has occurred near support area. Note while doing analysis, we also...
SGX Nifty and Nifty 50 The very simple manner just follow the charts and notes that i mentioned in the following NIfty and SGX nifty
SGX NIFTY showing Trend line breakout and try to make new high. The peak of 15433 is likely to tested. Along with the current trend line breakout if another breakout above the peak is witnessed then expect a rally to 1552(61.8%) Fib Project ,100% 16238 and 17374 (161.8%) 17347. Support will be at 15134-15130. Overall need to remain above 15100.