Nifty at all time highs, expecting a sharp correction for rsi cool off from 85 levels to retest the consolidation zone of 16000-15600, and further down move if not sustaining 15600. Analyse well before decision and act on decisive down move only. ALL THE BEST
This chart is completely my personal view & for education purpose only. Order Flow Analysis & Fibonacci has been used mixed with good news for aviation sector.
Understanding trades of banknifty future for 20.09.2021.
Understanding trades of nifty future for 20.09.2021.
Dabur Analysis - We have used 5 min Chart (Future Chart) & Order flow analysis. It's likely to be a gap up on Monday & can be great trade for the day.
Nifty View: ITC and erstwhile underperforming PSU banking stocks stole the show in today’s trading session. Big price gains backed by momentum and volumes from these stocks helped the benchmark Nifty index to post a day’s gain of 75 points. The index is now comfortable placed above 17,600 with no sign of immediate top out in any time frames. It makes sense to...
Understanding trades of banknifty future for 17.09.2021.
Understanding trades of nifty future for 17.09.2021.
Nifty View: A beautiful 150 point up move from the benchmark Nifty index in today’s trading session to mark the end of the recent 6-day old consolidation. The trend was UP and now with today’s rally it has picked up fresh buying momentum. Also good to observe stocks from PSU banking space participating in the up move, especially index heavyweight SBIN. The worry...
Understanding trades of Banknifty future for 16.09.2021.
understanding trades of nifty future for 16.09.2021.
What is a Bullish Flag Pattern? The bullish Flag pattern is usually found in assets with a strong uptrend. It is called a flag pattern because it resembles a flag and pole. Pole is the preceding uptrend where the flag represents the consolidation of the uptrend. How does Bullish Flag Pattern? The flag pattern resembles a parallelogram or rectangle marked by two...
Nifty View: Range bound price behavior continues for the benchmark Nifty index. At a close of 17,385, the index slipped a bit, from its intraday high to manage a small gain of just 25 points. It is now six trading sessions that the index has stayed range bound which is nothing but a sign of consolidation after the recent rally. The underlying trend is very much...
understanding trades of banknifty future for 15.09.2021.
understanding trades of nifty future for 15.09.2021.
understanding banknifty future trades for 14.09.2021.
Understanding trades of nifty future for 14.09.2021.
Understanding trades of banknifty future for 13.09.2021.