Hi mates and friends, Here i am sharing again an educational post and this time it's all about Swing trading as you might have guessed after reading the title so sharing some insight on this topic below mates !! Swing Trading: A Strategy for Riding Market Waves Swing trading is a popular trading strategy utilized by investors seeking to profit from...
The chart shared itself is self explanatory. My plan will be as follows : In case 1, I will buy 48300CE when Banknifty touches 48359.55 and shows any confirmation on M1. In case 2, I will buy 48300PE when Banknifty touches 48231.6 and shows any confirmation on M1. In case 3, will buy 48400PE when price touches 48359.55 and shows any confirmation on M1 . Also ...
Banknifty forming Head and shoulder pattern and neckline is placed at 46743 if it breaks the 46743 then Banknifty becomes bearish
29 APR 2024 WORLD MARKETS 1. US markets are consolidating with a negative bias. 2. Europe and Asia is consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. INDIA VIX is below 11. GIFT Nifty is indicating a 75 points uptick at 22490. This amounts to 48400 for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is consolidating with a positive bias. It has...
NIFTY Intraday Trade Setup For 29 Apr 2024 Bullish-Above 22630 Invalid-Below 22580 T- 22810 Bearish-Below 22380 Invalid-Above 22430 T- 22145 NIFTY has closed with a gain of 1.23% last week. Index is still trading sideways in the parallel channel. Till the time index trades between this parallel channel direction trades in short term is risky. 21700 and 22800...
As per friday price action tell us monday market open will be gap down . if market showing any revarsal between 47560 to 47760 you can plan a trade for buying .... and last hope for buyers level is at 47170 . blow this last buying level 47170 you can see any 30 min candle close . market turn in to selling trend with blood bath..........
Hi Nifty 50 is making Dark Cloud cover pattern in daily time frame and is in parallel channel in 15min and 5 min. The market may open gap down due to bearish signal in daily time frame but being good support near 22400, precisely 22385. Market may push beyond that point to 22355 making all to enter short side and then bounce back sharply to hunt SL of all short...
as we can see despite the strong trend, NIFTY failed to close above our median and got rejected leading to unidirectional fall. Hence as long as NIFTY couldn't maintain itself above the given median, we can expect more of sideways to negative market so plan your trades accordingly
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points as we are getting very few trending moves. If we do trades in between these zones premium eating will happen and we end up seeing losses.
According to rising wedge bearish pattern. Nifty weak if not able to cross the upper trend line. Also up side momentum will be very slow for time being. Below i have stated upper levels with the help of fibo extension But if somehow it breaks the lower trend line. There will be fast moves after breaking the major support which is 22000. Bollinger band middle...
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
22430 is a good resistance formed on 15Apr24 after a good gap down. Price tried to move up beyond this level today and failed. There had been multiple attempts to break this level today, but failed. If price doesnt gap up above 22430 and there is a good rejection at this level, we can plan to short entry with 22095 as T. Note: All Ideas shared by me are...
Overall Nifty has given a strong pullback from the lows of 21800. it has been moving up through gap ups which are not getting sustained at all. Only good part is tht i has negate the head and shoulder pattern in making in the last week. Need a close above 22525 which will open doors for 22850 within this week itself. if Nifty closes below 22330 level then...
inside bar formation at resistance line 12-26 MACD around zero line 50 -100 MACD below signal line target and SL marked