SGX Nifty A Possible downtrend Started I ThinkAs we can see that nifty breaks the Triangular pattern as shown on the charts. Also the retracement is in the support of my theory.
But Some how I am not 100% sure as these chart patterns works smooth on stocks and patterns on indexes often tends to fail.
*I am not a SEBI registered analyst. The whole study is my own personal research and for educational purpose only. Trade is not recommended, if done i will not be responsible for any trade related losses.
Thanks
Sgxnifty
SGX Nifty Intraday SupportSGX: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, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
SGX NIFTY50 INDEX WEEKLY ANALYSIS & VIEWHi everyone, Sgxnifty50 index analysis & view for this week sgxnifty50 index has is trading on it`s important support 17,650 & from (17,650-17,400) on daily time frame there is hug demad zone below 17,400 trend can be changed to again downtrend. & Previously index has bounced from 16,480 & given straight upside moment correction of this impulse is 17,400 (level identified from harmonic xabcd pattern level 5.0). SGX:IN1!
SGX Target For Short Side 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 one can find previous long chart of sgx nifty which we used for nifty long for swing. trade as per your trading 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 analysis before taking any trade on them. We are not SEBI registered.
SGX NIFTY50 ANALYSIS FOR 20 DEC 21 Hi everyone, SGXNIFTY50 INDEX analyis on 1D chart recently we`ve seen index breaks it`s daily supoort 17,650 & bounced from 16,800 (level identified from harmonic half-bat pattern level 0.58) too test it`s resistance 17,650 & fall continues if breaks 16,800 can go between (16,300-16,200) and can take bounce & test 16,800 and fall can continue upto 16,000 (level identified from harmonic xabcd pattern level 2.272) index trend has changed too downtrend. SGX:IN1!
Don't get Trapped . SELL and Run AWAY . Validity 15 NovemberCan't say much , but market works in cycles and according to my 12 years of trading with Data science as an edge in the financial markets .
I am saying " SELL AND RUN AWAY " .
It always happens with new batch of people they buy equities and nifty at any level in the market and they get trapped . These people block their capital for atleast 2 to 3 yrs . (LOSS BOOK KAR NHI SAKTE KYU KI LOSS BADH CHUKA HAI & AUR KUCH KHAREED NAHI SAKTE KYUNKI SARI CAPITAL LAGA DI)
God Bless You all.
ENTRY 16054
SL 16555
TARGET 15954
Levels for - 20 Sep 2021EXPLANATION : This is a 15 Min time frame chart of NIFTY . Simple price action analysis SGX NIFTY 120 points down , then basically NIFTY is Gap Down opening . Wait for Right opportunity How market react on Demand Area ?? . If taking Support on Demand Area I will look to go upward .
SGX Nifty - Rebounding from 50MA clusterSGX 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 from the 50 MA cluster, the likelihood of Nifty recovering is pretty good at the moment. But SPX must close somewhere near today's high to trigger the recovery of Nifty.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SGX Nifty - Megaphone Pattern / Broadening FormationA 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 there will be a good fight between 15650-15750 levels.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SGX Nifty- Fighting to save 200 EMA 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 will be a good fight between 15650-15750 levels.
We can witness some volatile days ahead. Trade only if you understand what you are doing.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.