No doubt, a breakout in daily charts has happened, but now it is time for a retracement, A retracement up to 16360 or 16275 would be a healthy sign for a more positive move.
2 flag pattern formed continue when i saw the other one forming i thought it was a trap, but pattern works.from this i understood whatever people says do what you see...do what your chart says.
Understanding the structure of the market and analysing the trade entries for Swing trade Bearish View 1. Price is absolutely around 50% of Fib which is a reversal zone. 2. In Price action pattern we can see a double Top. Good reversal pattern to be considered 3. Pitchfork Median Line is being rejected. 4. If the Trend line that is being respected since...
The fifth wave is completed so we can say that there should be a correction Before price go further up , Probable target for the correction is 16400
I have find out 3 Harmonic pattern. Can anyone tell me which one will perfect? Anyone please tell me. I want to learn.
SGX Nifty 50 Index Futures in a Break Out and if it breaks 16860 then target 18238 is achievable. So lets see what happens in comming sessions.
Sgx nifty formed double top with negative divergence. Reference chart attached.
SGX Nifty trading in a very important level. If sustained above 16250 level then target may come 16435. (1.13 Fibonacci level) Rejection of 16250 (0.886 of Fibonacci level)may see 16060 /16900. For learning purposes only.
In sgx nifty shooting Star pattern is formed. Also there are negative divergence. Wait for confirmation candles. SL is mentioned in chart.
Here nifty seen a bullish Divergence. So we can plot a long trade here. So We can sell 15600 PE around Rs 14.
SGX NIFTY is at Consolidating Zone If SGX NIFTY Breaks @15967 In Previous Days @15967 Act Like A Major Support Level But Today it is Acting Like A Huge Resistance.SGX NIFTY Needs to Break@15967 Then It Will Raise Upto @16100-16140. If SGX NIFTY If Breaks @15900 Then SGX NIFTY Fall Upto @15800. SGX NIFTY First Support At @15770 Second Support At @15670....! In This...
SGX NIFTY formed piercing pattern at the bottom. Also MACD positive divergence are forming. We may see positive opening tomorrow. SL is mentioned in chart.
On daily chart a ABCD pattern has formed and will activate only if sustained below 15700 level. Remember this is declined phase market so sentiment may changed so quickly. For learning purposes only.
SGX NIFTY Will Moves Within The Range Of @16140-@16010 So You Don't Take Positions For Two Days Because US CPI Inflation Data Need To Come Today At Evening So Don't Take Positions. If SGX NIFTY Breaks @16250-16300 Then It Will Turn Bullish Trend. Disclaimer:- Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This...
If SGX NIFTY Breaks @16050 It Will Fall Upto @16010-@15967 Do Short Sell Only Because Market is Very Bearish So Don't Do Buy Options Do Sell Options If You The Options You Will Get Good Profits First Support @16010 Then Second Support is at @15967 Because In Past Days it is act like a strong Support @15967........! Disclaimer:- Please Keep Your Positions Little...
If SGX NIFTY Breaks 16120 It Will Fall Upto @16010-15970. First Support @16010 Then Second Support is at @15967 Because In Past Days it is act like a strong Support @15967. Resistance is at @16240-16300 60Points Zone is more Important Because in Previous Days It act Like A Huge Resistance.....! Disclaimer:- Please Keep Your Positions Little Because Volatility Is...
Hey everyone! 👋 This post is just for sharing knowledge about Future and Options strategies, First of all, one should build view (bias) on market direction, it may be bullish, bearish, sideways, or there may be some events too, like budget day or quarterly results seasons or may be something else, once view is built then what are the ways to apply futures and...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter