Buy above 11585 for Targets
11625/Above 11650 for 11775-11800 / Above 11800 for 11980-12000 / Above 12000 for 12100-12200
Look to buy in 11480-11510 zone with strict stops below 11460 for above mentioned targets as suggested for safe...
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NIFTY is in retracement of fall from 5th Jul to 9th Jul post Budget. NIFTY will retrace 31% level to 11665 then follow the bearish trend till 11111, which is double bottom of price reached on 14th May prior to Election result.
NIFTY fall will also close the gap occurred after 17th May closure.
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Option traders - See the Session Point of Controls and take the decision for Intraday trading. Apply Smart Money Flow analytics to see how the Cash flow is supporting your trading decision.
Understanding Nifty or BankNifty formation based on the Free Float market cap is the success of...
Nifty took support at 11523 which is exactly 38% retracement of wave (C or 3). If nifty completed wave (4) at 11523 then it will go for new life time high as wave (5). and if nifty trades below 11523 then it could be wave C of bigger irregular correction and it can go deep below 10585.
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Except for Breadth tools, no other tool in this real world market scenarios can capture the reversals so accurately.
Breadth tools will help you to read very precise information on how the volumes are flowing on an Uptick and Downtick.
Understanding tick volume is very important and most of the...
Price is trading at control price which reacts like a gravitating.
Detect "series of Doji" which indicate that uncertainty in the market and might be a turning point.
From the smaller timeFrame, we can find a more accurate direction. I will update it very soon.
It's very common that our Mind Fickle's with Fear and Greed during a Volatile Market.
But however volatile is BankNifty, Market Internals are the one's that decides that movement.
Money Flow analytics helps us to trade pretty confidently. The key information to any trade is to understand the Money Flow/Withdrawn. So this information will be presented in a...
Query : I do analysis & plan my trade. But I am not disciplined. I am trying, but still discipline seems tough. What to do?
Answer : During the market hours, seeing the live market chart makes us question the analysis we have done earlier. Its human nature to want to be right always. This makes us do irrational decisions in trading. In other words, its the "ego"...
This pattern important role in the breakout to the downside (Some analysts believe that increased volume is not all that important).We always consider the strength or weakness of volume as being the "straw that stirs the drink."
Let see what will happen here minutely and something we can conclude.
How can we trade descending triangles?
Let's check below will...
BANKNIFTY breaks down after a short period of consolidation. Apparently, price action is showing a Bear Flag pattern, which is confirmed with a close below 30,530. Target of the pattern comes in at 29,330.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or...
If you try to look carefully, you will know that.
1. Flag patterns
2. Overlapping and Result of it
Thought we are going to focus today only a few points, the Red Flag pattern is predicted and there is not overlapping still. From both these, concluded that we are going to see a big fall soon. I am till not confirm.
Banknifty also difficult to understand as wave movements.
Price is near the channel support.
Smaller positive new can boost banknifty to upward from the value low.
While nifty is weak and Banknifty is positive which indicate the direction is not clear and market waiting for news.
Nifty looks like playing within a range. That range is set for today probably.
Thought if we can analyze and set a Nifty target which it could achived in 1st half tomorrow of by 10.30 - 11.00 morning.
We can be wrong for analyzing the technicals and targeting. Here we have not taken any tool suggestion or any news comeout.
Nifty should touch 516 - 513 tomorrow....
Query : I do not use/follow stop loss. For example if I purchase 100 share @ 100 Rs if share value @Rs 102 means I book and exit if going down means wait (Mentally thinking coming up like that) finally sell @ Rs 80. 20 Rs loss per share. How to control this?
Answer : I have seen this problem among many new traders. Not closing the trade when it hit the stop loss...