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SGX prediction based on support resistence levelsSGX:IN1! SGXNIFTY has started trading below previous support and has been bouncing back from current support and failed to break previous support which is acting as resistance now, if sgx manages to break current support too, then 17900 zone will be next support/buy zone for sgx. if current resistance ( previous support) is breached and sgx manages to move up again , then we will have to wait and analys next move after price actioon is made.
NSEIX:NIFTY1!Short
by ajinkyadiwakar717
sgx downside prediction for coming weekSGX: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 and below that the next support zone is going to be major facto for next moves ahead in coming next 2 months.
NSEIX:NIFTY1!
by ajinkyadiwakar717
sgx downside prediction for coming week, are we up for fall?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 might see some more volatile movement to reach more higher levels as sellers might try to protect the weekly sell zone before letting sgx march upside.
NSEIX:NIFTY1!Short
by ajinkyadiwakar717
SGX PREDICTION BASED ON DAILY TRENDLINESGX: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 the sgx for a while and may help it to bounce back a little, if we break the yellow support zone , we will see the next target zone getting achieved soon after breaking of support zone. FOR UPSIDE/TRENDLINE BREAK SITUATION we must wait for sgx to break resistance and turn the resistance into strong support, then only we can be sure about more upside ahead. current resistance is 17558/17571.
NSEIX:NIFTY1!Short
by ajinkyadiwakar717
SGX prediction based on support resistence levels on daily/houreSGX: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 17326/17256. if the trendline and resistance zone of 17713 is broken, next immidiate can be 18000 level after trendline retest or retest from current resistance of 17500/17057.
NSEIX:NIFTY1!
by ajinkyadiwakar717
SGX READY FOR 15750 RANGE , MEGA CORRECTION AHEAD ON DAILY TF !!SGX:IN1! sgxnifty is all set for huge correction as it has formed strong resistance at the levels of 17256/17181 and is very much likely to break the current dailt time support of 16812/16647, once it breaks that support then we can see serieas of new lower lows and new lower highs on daily time frame till we reach 15750 range. keep monitoring sgx movement as it moves towards/between on target 1,2 & 3 levels .
NSEIX:NIFTY1!Short
by ajinkyadiwakar717