Supply and Demand
Nifty Inside Bar and Divergence ComboWe can clearly see the price struggling to breakout of the Weekly Levels. In the Daily, we can see a Negative Divergence with RSI (orange line) followed by Double Red Inside Bar. If today, the price breaks below the yesterday's range, we can expect quick down move.
Nifty OutlookNifty Outlook:-
No Trade Zone: 11870-11950
Resistance Zone: 11950-11965
Resistance Zone: 12020-12040
Support Zone: 11850-11870
Support Zone: 11800-11820
Fresh Buying Zone: 11950-11965 - If it will able to sustain this zone.
Fresh Sell Zone: 11850- If it will sustain below this for the target zone: 11800-11750
tgram at jtradingview
TCS: Soon it may test it's major resistance zone TCS: Soon it may test it's major resistance zone
Strong Support Zone: 2105-2112
Resistance Zone: 2150-2170
Time to create long position: If price will come to 2110-2120 zone and it will able to sustain this zone. Stock may give bounce to 2150-2170 again. This will be the besttime to sell 2100 Nov Put Option.
tgram at jtradingview
TAMO consolidation rangeSecurity is trading between 116 and 120. Upper limit is 122. Bulls will be active above 122 if sustained for 15 mins.
Bias - Bullish ⏫
Note - Please wait till the levels are active. View negated if stock is below 116 on closing basis. This is an educational idea which would be updated on further price action observations. In no ways it is a buy/sell recommendation.
How will you decide next move for NIFTY?
HighLight tail with Yellow color at value low.
-> Tail detect each time when price taken U-turn.
Wave counting 5 are completed.
Gravitating price is at 11340 as a target.
(suppose to close above 11357, then the next target will be 11468 (more than 90% probabilities).
We may face Resistance at control price 11340 nearby, for target 11189.
95% chance to win if create a TAIL at value for U-Turn . Bullish Candle: candle closed of previous 3 candles.
To see the following Researches, I suggest you take some time important for you.
1) Fib. Retracement is completely bullish from 11211.
2) History is important to predict the future move.