Today
Nifty Futures 14th June 2023I have posted enough Charts here for one to see how the price responds at the lines marked.
We can go down to lower Time frames of 5 min and 3 min to study the price action .
It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.
Constant visualization and practice makes one familiar with what type of price action can come and what type of the day it can be.
The dotted lines can be tagged by price as these are untouched area where price can probably reach depending upon upward or downward movement.
Further studying the OI and unwinding on either side can help in deciphering a directional move. Along with the charts the study becomes more interesting.
14 hours ago
Comment:
If You are studying the charts in lower Time frames and observing price action, Let me know in comments your observations on the points 1,2 and 3 mentioned above.
Nifty Futures Levels 14th June 2023I have posted enough Charts here for one to see how the price responds at the lines marked.
We can go down to lower Time frames of 5 min and 3 min to study the price action .
It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.
Constant visualization and practice makes one familiar with what type of price action can come and what type of the day it can be.
The dotted lines can be tagged by price as these are untouched area where price can probably reach depending upon upward or downward movement.
Further studying the OI and unwinding on either side can help in deciphering a directional move. Along with the charts the study becomes more interesting.
14 hours ago
Comment:
If You are studying the charts in lower Time frames and observing price action, Let me know in comments your observations on the points 1,2 and 3 mentioned above.
Bank Nifty Future Levels 13th June 2023I have posted enough Charts here for one to see how the price responds at the lines marked.
We can go down to lower Time frames of 5 min and 3 min to study the price action .
It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.
Constant visualization and practice makes one familiar with what type of price action can come and what type of the day it can be.
The dotted lines can be tagged by price as these are untouched area where price can probably reach depending upon upward or downward movement.
Further studying the OI and unwinding on either side can help in deciphering a directional move. Along with the charts the study becomes more interesting.
Nifty Futures Levels 13th June 2023I have posted enough Charts here for one to see how the price responds at the lines marked.
We can go down to lower Time frames of 5 min and 3 min to study the price action .
It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.
Constant visualization and practice makes one familiar with what type of price action can come and what type of the day it can be.
The dotted lines can be tagged by price as these are untouched area where price can probably reach depending upon upward or downward movement.
Further studying the OI and unwinding on either side can help in deciphering a directional move. Along with the charts the study becomes more interesting.
BankNifty Futures Levels 12.06.23I have posted enough Charts here for one to see how the price responds at the lines marked.
We can go down to lower Time frames of 5 min and 3 min to study the price action .
It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.
Constant visualization and practice makes one familiar with what type of price action can come and what type of the day it can be.
The dotted lines can be tagged by price as these are untouched area where price can probably reach depending upon upward or downward movement.
Further studying the OI and unwinding on either side can help in deciphering a directional move. Along with the charts the study becomes more interesting.
Nifty Futures 11th June 2023I have posted enough Charts here for one to see how the price responds at the lines marked.
We can go down to lower Time frames of 5 min and 3 min to study the price action .
It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of the previous day
3. When there is a Gap up and Gap down opening.
Constant visualization and practice makes one familiar with what type of price action can come and what type of the day it can be.
The dotted lines can be tagged by price as these are untouched area where price can probably reach depending upon upward or downward movement.
Further studying the OI and unwinding on either side can help in deciphering a directional move. Along with the charts the study becomes more interesting.
Nifty Futures Levels 8th June 2023Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed.
If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked .
we can visualize from the chart where a trade with defined risk can be taken.
The dotted lines in red blue and green can be tagged incase of a break on either side. The dotted lines ate the untouched VAH, VAL or poc which can be tagged.
If you carefully watch the previous charts you will understand how the dotted lines get tagged during the course of the day
Keep following for live market updates.
Follow the chart in 5 min and 3 min time frame also
Banknifty Future Levels 8th June 2023Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed.
If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked .
we can visualize from the chart where a trade with defined risk can be taken.
The dotted lines in red blue and green can be tagged incase of a break on either side. The dotted lines ate the untouched VAH, VAL or poc which can be tagged.
If you carefully watch the previous charts you will understand how the dotted lines get tagged during the course of the day
Keep following for live market updates.
Follow the chart in 5 min and 3 min time frame also
Bank Nifty Futures Levels for 7th June 2023Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed.
If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked .
we can visualize from the chart where a trade with defined risk can be taken.
The dotted lines in red blue and green can be tagged incase of a break on either side. The dotted lines ate the untouched VAH, VAL or poc which can be tagged.
If you carefully watch the previous charts you will understand how the dotted lines get tagged during the course of the day
Keep following for live market updates.
Follow the chart in 5 min and 3 min time frame also
NIFTY LEVELS 7th June 2023Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed.
If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked .
we can visualize from the chart where a trade with defined risk can be taken.
The dotted lines in red blue and green can be tagged incase of a break on either side. The dotted lines ate the untouched VAH, VAL or poc which can be tagged.
If you carefully watch the previous charts you will understand how the dotted lines get tagged during the course of the day
Keep following for live market updates.
Follow the chart in 5 min and 3 min time frame also
Bank Nifty - 05 June 2023Nifty and BankNifty both has closed at a Tricky place.
It's difficult to identify the trend or opening.
Tomorrow's session depends on opening of NSE:BANKNIFTY
I'm expecting a Bullish Gap Up opening, just because the SGX:IN1! is trading more than 100 points above NSE:NIFTY
*I don't consider any News or any other external factors or Indicators. I just use Plain Chart and Pure Price Action .
My levels and views change depending on market opening ...!!!
Trade or invest according to your analysis . This is just my view.
For complete analysis watch my YouTube Channel morning after market opening.
I'll be posting EOD analysis too.
<----- 3MRT Trading ----->
Fibonacci levels plot levels to watch out for around the $300 The $315 and $300 levels of resistance and support respectively have been important on the lower timeframes. Over the past 48 hours, BNB has declined from the local highs at $316.3 to trade at $308.5, at the time of writing.
On the 6-hour chart, the RSI was unable to climb above neutral 50, showing the persistence of the bears. Over the past week, the trading volume was low as well. This came at a time when BNB retested the $300 level.
With Bitcoin facing rejection from beneath the $27.8k resistance on Monday as well, it appeared likely that more losses were in store for the crypto market this week. If Binance Coin were to slip beneath the $295-$300 area, the Fibonacci extension levels highlighted some key areas to watch out for.
The 50% and 61.8% extension levels would likely be tested upon a move beneath $295, with the 23.6% level at $289 also expected to serve as minor support.
Meanwhile, a move above $316.3 would signify a break in the bearish market structure. Thereafter, buyers could begin to exert their will, but this was the less likely scenario.
#NIFTY Intraday Support and Resistance Levels - 04/02/2022This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
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Regards
Rising Bull💯
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Nifty Tipsyou can buy nifty on 17800 levels there are three reasons to buy on this level first 17800 is psychology lever second last life time high level and third reason is fib level so you can buy on this level with stop loss over 40 point and target is 110 point so you can earn much batter return on this pattern
Simple Trade Setup | CIPLA | 08-09-2021NSE:CIPLA
Observations:
1)On 15time frame, it has been consolidating in between 946-956 level range since 06-09-2021.
Breakout on either side will give good move.
Please refer below chart : 15 time frame.
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Trade Setup for Date 08-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Please be noted that stock might not reach the ultimate level or it might also go further than the ultimate level. One can book profit or SL as per their own strategy.
Simple Trade Setup | MCX | 06-09-2021NSE:MCX
Observations:
1) On daily Time frame, it has given breakout of rounding bottom pattern. Breakout level range is 1585-1586. Nearest resistance level is 1600 level.
Please refer below chart : Daily time frame.
2)On Daily Time frame we can see that it has broken 100DMA and 200DMA with bullish candle.
Please refer below chart : Daily time frame.
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Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | BERGEPAINT | 06-09-2021NSE:BERGEPAINT
Observations:
1)On 1hr Time frame It gave breakout of rounding bottom pattern. Critical support level is 825. For the good upmove it has to give breakout of 840 level.
Please refer below chart : 1 hr time frame.
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For POSITIONAL long trade one can take long position from CMP as far as it is trading above 820 level. SL will be 811 and target will be 880/890.
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Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
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Hope I made it easy to understand it.
Do comment your doubt or suggestion.