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you 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
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.
Trade Setup for Date 08-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get...
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....
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.
For POSITIONAL long trade one can take long position from CMP as far as it is...
For Education purpose only
Nifty Levels for 17th May
No Trading Zone Between 14730-14613
If sustain you will see good move. We also have weekly support after 14613...take care on it too.
Dtd 17th May 2021 : TheCharts
Axis bank after quiet in consolidation gives an impulsive move ..but still not that strong for long.
Keep this on watch if it shows further moment can trade as per setups.
Risk management is the key.
Never fear Never greed.
As per Day Chart,
5th wave is completed so today it takes retest to previous high(close)(627) then tatasteel comes down to 577 (may be within weeks)
Intraday (8 dec 2020) - above 614 to 627
tatasteel small retracement is started so once the reach retest(627 and wick above ) it down to 577
now it takes correction
so friends Becare