Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 16-04-24 Distribution by FII n DII Stay In Light Position or In Cash . Gap Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions. For...
"Good morning, friends! Here are the directions for April 16th: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a bearish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a -220 point decrease. GiftNifty indicates a long gap-down, so I don't know where it will be...
Hello Everyone. I have provided nifty trades and targets above. 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...
NIFTY: Formeda long bearish candle and in the process broke its 20DEMA & 50 DEMA.now NIFTY has its major support at 50DEMA which falls at 22100-150 .any drift below the 22100 levels likely to trigger another 300+ point fall.trade cautiously with levels. for me any pull bk till nifty trades above 22300 levels(for educational purpose only)
If market break 22250 level in one hour chart market could correct to 22000 level
I have analyzed the price range and all time high price. Whiling analyzing i have used candle stick, Gann method & trend low. This is for only for study purpose not recommendation.
I have entered a short side after breaking that cyan line. And target is the below CYAN line. I have used trend, pattern and price range. Its very volatile market. Always maintain a SL.
BankNifty Analysis - Stance Bearish⬇️ BN had a unique price action today, unlike N50 we did not see a bounce from the banks. And the lows made during the closing hours were much deeper than the opening lows. Whereas Nifty's opening low was not violated that much. Ideally, that is expected, the subsectors would fall further than the main index. I am revising the...
Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: "On the higher time frame, we have a double top formation (M pattern). To negate the pattern we would have to take out the ATH, otherwise, it looks like a nice setup to go bearish. 22519 is a good interim support level, the main support comes only at 22295." I personally did not punch any manual or...
Hello there Hit 👊the like button & boost my post😇 Levels already marked on chart. Currently 22166 make or break level.. If break.. Trend changes in lower tf.. Situation will be sell on rise.. Below 22160 - 22080 - 22k & 21960 Levels & information for educational purposes. No trade recommendation. Thank you🙏
NIFTY Intraday Trade Setup For 16 Apr 2024 Bullish-Above 22430 Invalid-Below 22380 T- 22660 Bearish-Below 22250 Invalid- Above 22300 T- 22050 NIFTY has closed on a complete bearish note with 1.1% cut today. In the weekend we discussed that index has formed a short term top as it formed a 2nd leg shooting star in weekly TF. Only thing is that it opened directly...
BANKNIFTY Intraday Trade Setup For 16 Apr 2024 Sell_1- From 48260 Invalid-Above 48370 T- 48000 47750 Sell_2- Below 47700 Invalid-Above 47810 T- 47095 BANKNIFTY has closed on a complete bearish note with 1.63% cut today. We discussed in the weekend that index will be under bear's grip below 48400 (last week candle's low) as it was 2nd leg shooting star which I...
NIFTY Levels for Today Here are the NIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop...
BANKNIFTY Levels for Today Here are the BANKNIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL...
Nifty opens huge gap down due to global cause. Another 250 points which is around 1% nifty was down(A market drop of nearly 500 points in just two days). Nifty has formed red body candle with long upper shadow which indicates participants were selling from lower end and made days low that is 22259. MACD is on urge of Crossdown. Nifty broken the support of...
NIFTY 50 : Bullish - Ascending flag detected To monitor/ The exponential moving averages 50 (in pink)and the exponential moving average 200(in white) The market could rise around 25 507 . But be careful there are divergences with the RSI and the ROC ( Rate Of Change), which gives the speed of the variation of the momentum of an underlying! So a bearish return...
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Bank Nifty is trading at support around 47750 zone. Considering the trading holiday on Wednesday 17/04/2024. BNF expiry will be tomorrow. BNF is now in a support zone of 47750 if broken we can expect a fall till the below two support zones Support 1 47750 Support 2 47400 If BNF moved in a uptrend, considering the globe cues take...