Fib Analysis- the Index is back to the previous highs which is a strong resistance. We have a Fib confluence at the zone. Trendline- the retest of the trendline from below is an indication of weakness. RSI- it is now oscillating in the bear range. Conclusion- in my view all the Indications are towards a deep correction, Minimum tgt is the recent lows which ...
We have consider the swing bottom to rise therafter as our range for analysis. We see an 12.5% extension resistance on the chart. The level of 10793.50 is important and needs to be crossed for further gains on the index. Below level of 10724.95 is important for trend setting on expiry day. Use this level as your trading bias for expiry. Happy Trading !!!
Views are mentioned don't make entry just watch ..levels are mentioned ..but mkt is at all time have with small gaps remaining...big movie only captured with patience...walk like lion ..hunt like lion
previous week remains jump and dump for market due to budget same as our expectation .now for next week nifty range is 21200 to 22400,if nifty50 sustain 21800 then 1st target 22000,if break 22000 then can go up to 22400 to 22500.same if break 21800 down side then support 21200 to 21000.for next week.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
if yesterday low is broken and sustain @downside then big fall is expected 800 to 1000 point expected fall.
NIFTY:21812 likely to act as a stiff resistance zone.If sustains above 21800,NIFTY has an unfinished business to fill the bullish gap extending upto 21965.Hence 21812 followed by 21965 seems to be the next resistance zone on its march past 22000-22100 levels.(For educational purpose only)
The Bank Nifty moved in range of 1821 points Viz. between 46892 & 45071. The Bank Nifty posted a strongly bullish candle with higher highs and higher lows. Though the market witnessed sharp sell-off during the final session of the week, we may find buying interest to emerge on every correction lower. Index has re-entered the ascending channel and has to sustain...
The Index snapped its past 2 weeks of losing streak and bounced back sharply. Past week was a very eventful week. The markets witnessed huge stop hunting which was evident from the kind of move on either side during the last session of the week. The big move happened after the Index broke 21850 and the Gap between 21850 and 21960 created during the sharp fall...
On Monday (5th Feb), If gap down, then wait for BN to fall initially to 45800-675 (and rarely to 45511-406). Then will retrace back soon to through these Target(s) - T1- 45913, T2- 46180, T3- 46500, T4-46695.....on or before 7th Feb expiry day. Note: Always trade with only, what you can afford to lose :) I am not SEBI registered & above are only my views on the market.
Today BankNifty opened with a gap-up around 46600 and after making a high around 46900, it gave a 1000 points fall from higher levels towards 45900 and closed at 45970. For Monday, BankNifty has to sustain above 46250 for further upside which can take BankNifty towards 46380 and upper marked levels. On the other side, if BankNifty breaks 45890 on downside, we...
Today Nifty opened with a gap up around 21825 and broke the important resistance level 21850 where Nifty was facing hurdle from so many days. Above 21850 we were bullish in Nifty, booked our shorts, taken 21800 CE and got the great profit in both 21800 and 21950 CE. For Monday, if Nifty sustains above 21930, we expect to see 21980 and upper marked levels. On the...
Today's the market breaked the rectangle pattern It's breaked and riched the yarget from target you all gonna face a downfall grab it Buy sell optio
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis &...
- ready to break flag & pole pattern -previously it broke resistance and shootup then again took support in previous resistance -now taking support again it sector ready for upside momentum -my targets for IT sector is 48000 from here which is almost 27-28% -keep eyes on IT stocks
Time frame Daily. Important support. 21500 And 21220 .if 21100 breaks than we can see 20650-660 and 20300 . Above 22150 important resistance 22280 and 22480 . My view : Bearish