everything is mentioned in drawing, ping me if required. Happy to help ;)
What a narrow range movement price have given today! Yesterday also we got similar movement only. What about tomorrow? Read below... Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 47560. Stop Loss : 47480. Targets : 47620, 47700, 47780, 47880 and 47940. Sell below : 47380. Stop Loss : 47460. Targets : 47320 ,47240, 47160 and...
Trgs marked in Red either side expected to be met depending which ever side breaks. Trade as per levels.
Bank nifty is trading in a range after good recovery from lower levels. Gap has been also filled. For fresh move on upside, bank nifty need to cross and sustain above 47600. For downside 47420 needs to be break.
As bank nifty is in a good consolidation with price action which can give a good hero zero trade. But only try this if you are in profits and risk only small amount from the profit so you will end in green check chart for entries and targets for either side but look for a possible upside moment
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...
Bank Nifty is not offering good risk reward trade at current levels for long. Seems it trapped call sellers and now call buyers can be in queue. Keep on radar.
Nifty - as long as nifty trade below 22042, nifty could expect to test 21940 and may further drop down to 21740
This is the analysis of Finnifty in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 03-04-24 More Volitality Stop loss for holding longs is 22200 (on closing basis) For New position : for Upside : Buy Nifty above 22485 Stoploss 22421 it may touch 22505---22537--22589---22672---22724---22808 for Downside : Sell Nifty below 22421 Stoploss 22485...
Good morning, friends! Here are the directions for April 3rd: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a gap-down start, as suggested by Giftnifty, showing a -130 point. Nifty - structurally, there have been no changes compared to the previous session....
Banknifty also has a similar sentiment but has not broken the fib level 78% on the upside. So, if the gap-down sustains, it may turn into correction bias. However, here also, if it finds support around the fib level 38%, then it will continue the ranging market structure
There is a high chance for turning into a H&S pattern in Bank Nifty chart. OBV chart is giving the extra signal or confidence that the chance are more for a reversal from current closing price. For further details please go over the analysis video
Hello there👋 As said nifty again resist 22500 & down.. Still 22370 support intact as strong demand zone.. Have marked levels on chart. In 15 min chart it's bull flag formed & upside break Resistance - 22480 : 22501 : 22514 : 22539 : 22560 : 22578 ( pivots) Support - 22435 : 22409 : 22373 : 22341 : 22312 : 22270 : 22215. Rsi in bullish teritory.. Momentum...
Index has rallied from recent lows of 46529 on 14:00 candle on 26 March 2024. Index has hit a high of 47707 on 9:00 am candle on 02 April 2024. Giving it a nearly 1200 points range. Current close is at 47545. On charts we see 47530 as the trend decider level for the expiry today. Expansion on upside may be seen above 47608 and downside may be seen below 47452. Use...
On April 3rd, Bank Nifty showcases resilience amid market fluctuations. Traders observe potential buying opportunities within the prevailing uptrend, exercising caution amidst volatility. Patience is key for breakout strategies, awaiting clear signals before initiating positions. Strategic analysis and risk management are crucial for navigating the day's trading...
On April 3rd, Nifty 50 charts a course of resilience amidst market fluctuations. Traders eye buying opportunities, leveraging the prevailing uptrend cautiously. Patience remains key for breakout strategies, awaiting clear signals before committing. Volatility may present short-term challenges, but strategic analysis and risk management are crucial for navigating...