expanding pattern in forming . may be sgx touch its lower edge of expanding pattern
Current trend is Very bullish & | expect resistance will be easily broken as SGX Nifty is trading close to all-time high levels.
buy only at 18130 target 18250 target 18450 target 18580 Resistance 18600 stoploss 18000 follow chart
SGX NIfty is nearly ATH forming a Bearish Shark Pattern at the top 18550-18600 Range expecting a market reversal from this top to the downside of -1700 points till 16850.
THIS IS THE CHART OF #SGXNIFTY ON DAILY TIME FRAME. TODAY #SGXNIFTY OPEN'S GAP UP AND TEST THE SUPPORT OF 18350. NOW 18350 & 18300 IS THE VERY STRONG SUPPORT ON DAILY TIME FRAME. WE EXPECT THAT #SGXNIFTY TEST IT'S ALL TIME HIGH RESISTANCE AGAIN. All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing...
Technical Analysis of #SGXNIFTY based on support and resistance. #SGXNIFTY takes the support from 21 EMA. #SGXNIFTY first resistance 18350 & 2nd resistance 18600 All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis . This is not an offer to buy...
Current global cues is positive now . But ,sgx nifty is in value zone. 18300 to 18450 is most traded area (value zone ) so, my analysis is market will traded in between this level as a sideways. Still now i can't find who is the winner either bulls or bears .. i am also waiting for 3days to see the winners, but both are strong now ..let's see what happens...
In this analysis , i draw a possible direction for next move..right now sgx nifty broken the minor resistance level..and retest is going on.. once sgx nifty broken 18400 level and sustained more than one hour above 18400 means , we can expect 18600 before this November... Take this analysis as a educational purposes.... I am not a SEBI regi.i just show my view.....
🔴DISCLAIMER ***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ****** Don't take any long positions, untill we get a better signal
Bearish harmonic 3 drive pattern formation. Time frame :- 60 mins Potential reversal zone :- 18610 levels View validation :-Till not closing above 18620 levels. Reversal confirmation :- Below 18500, should sustain for 20-30 mins Retracement possibility :- 18350-18200-18050 Time horizon for trade :- 3-5 trading sessions RSI :- bearish divergence with respect to...
fibonacci channel finding high and low rejection or out points, 18000-19000 future market ( shown fib channel). similar point to break out for all time high. or not. goodluck fii data shown low selling but not toomuch ,
In previous update on 14 Sept, mentioned 16647_16658 as TREND REVERSAL LEVEL. Exact low of 16647 done & reversed. Next criteria was DCB above 18097 for invalidating series of LH_LL where DCB above 18097 done & moved up 400 points from there to 18505 so far. Over Head Resistances - 18486 / 18599 Supports - 18350 / 18255 / 18097 DCB above 18599 will be a Break Out...
SGX NIFTY The october 2021 peak is now being tested which is in the range of 18500-18600. Volatility, correction and consolidation can be said to have happened in last 1 year. RSI is above 50 therefore trend is up Lagging is showing an up trend as Blue Line > Red Line. If breakout and close above 18600 is witnessed in near term successfully then expect a rally...
Standing out form crowd is what professionals do , they know the heard mentality, Being a professional is not an easy job, its lots of responsibilities, developing an investment plan to Execution, completing the task Generating the revenue, all fells to professional Analyst in the Market Most ignore the knowledge, Few try to exploit more from their...
Here is an indicator which we can track SGX nifty futures in a different way to know when our markets was off but SGX are trading so by this indicator there will be portions or columns will separate for identifying the trading hours of Indian markets and trading hours of SGX nifty futures for helping out coming trend or key support or resistance levels for Indian...
This is sgx nifty same as nifty 50 makes head and shoulders pattern gap down can happened then sudden up can be done at expiry .
Breakout retest done, I had shared analysis before market reacted as per analysis hopefully this time is will sustain.