"Good morning, friends! Here are the directions for April 19th: 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 -350 point decrease. GiftNifty indicates a long gap-down, so I don't know where it will be open....
Looking back into daily chart and trying to find similar scenarios in the past which may be a copy of events happening right now in the chart
**Trading Chart Disclaimer** Please read carefully before interpreting and acting upon the charts: 1. **Past Performance**: The charts presented here reflect past performance of the markets and/or individual assets. Past performance is not a reliable indicator of future performance. 2. **No Financial Advice**: The charts and any interpretations thereof are...
**Trading Chart Disclaimer** Please read carefully before interpreting and acting upon the charts: 1. **Past Performance**: The charts presented here reflect past performance of the markets and/or individual assets. Past performance is not a reliable indicator of future performance. 2. **No Financial Advice**: The charts and any interpretations thereof are...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 19-04-24 Book Profit If you have ANY in holding. An Upward Channel is Breaking down So Now “Sell on Rise” will play for next few months. Stay In Light Position or In Cash . Gap Down Opening : If high of First Hour is not broken then put stoploss there for all...
If you know fixed square nine levvels then yesterday trading day was a cakewalk for you. We moved exactly within the levels marked in green on chart. Now if we use our vibration system to measure the price vibration depicted by various percentage on chart you will see the Gann 50% level working. So shorts at 73329.50 were on and we saw 125% of the range move till...
Nifty50 has reversed from channel top and broken short-term trend-line (shown in blue), also closed below the double top breakout @22525 its lower range is 22500 any close below this will move to 22400 channel mid-line and the channel bottom is 22000. Short term negative, the close on monday will decide the next move. Disclosure: i hold various stocks that at...
BNF is trading near the 1hour timeframe support of 47000. As mentioned in my previous analysis, once the ascending channel pattern was broken in 1 day time frame BNF took the support of 47000 zone and reversed. Still BNF is trading between zones of 47000 & 47400. It is to be noted that BNF has fall 2000 points from its ATH in this week. If BNF moves upward...
Bank Nifty also witnessed a sharp decline and tested came near Imp prev swing of level 47050 The major resistance for the index is positioned at 48,000/47800 and if the selling pressure persists, the index could test its next major support level at 46,500 * For Education Purpose Practice and Learn price action setups
In the highly volatile session, the Indian indices ended lower for the 4th straight session on Apr 18 Nifty closed below imp level of 22,000 The index may face resistance at the 22200/300 zone Whereas support is placed near 21900/850 zone *For Education Purpose Practice and Learn price action setups
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ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
As we can see NIFTY has finally reached its psychological level of 22000 and also reached trendline which had been followed and acted as resistance ever since. As long as we are above the trendline , we may expect NIFTY to remain sideways to bullish but the trend would change instantaneously if it breaks below and we may see a huge downfall in NIFTY so plan your...
How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems and techniques. ... Gain trading experience. ... Consider paper trading. ... Choose a reliable broker. ... Learn to focus. ... Understand risk management