Every marathoner takes rest, recovers and recoups before running next leg and the same goes with markets. In fact, markets are good at following natural laws unlike humans who do not often know to follow natural laws. NIFTY 500 is the overall index comprising the majority of Indian stocks and gives an excellent indication of the state of Indian economy much like...
After todays selloff, this is the structure of NF500. It may take support near imp EMAs/price markers. I fail to see see major problems yet (med/long term investments). However there is a possibility of further correction in the short
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe. Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a...
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. For more technical analysis and...
The five up, three down structure is key to trend analysis when it comes to Elliott wave analysis. Using wave counts in combination with sentiment can tell you if markets have reached an extreme and completed a structure. In this case, if wave c is done, do we have any short-term sentiment indicators that are oversold in conjunction with this? The Daily Swing is a...
Until the red line support is broken, market is bullish, dip is buying opportunity
Fomo is on the table, it's money flow market😜, I don't think more room for it maximum 3% upside possible But mostly smart money & pramotor group are selling big blocks Retail investor's are huge buying Just pumping all around
Trend line resistance is a key level identified by connecting consecutive highs in a market. It represents a psychological and technical barrier that typically inhibits further upward price movement. Traders and investors pay close attention to trend line resistance as it can influence market sentiment and signal potential reversals or consolidation. The NSE 500...
CNX500 Relative Strength Attached: Nifty 500/ Nifty 50 Daily Chart as of 21st April 2023 This Ratio Chart is NOT supportive of a Bull/ Risk On phase for the Broad Market. The 500 stocks are likely to Underperform while the 50 stocks are likely to Outperform. What does this mean you ask? In simple Layman terms, it means Index Nifty 50 will be MANAGED (propped...
CNX500 Relative Strength Attached: Nifty 500/ Nifty 50 Daily Chart as of 21st March 2023 - I am watching this Ratio Chart to turn down after Retesting a Confluence Zone - Its looking Bearish currently post a Rising Wedge breakdown and Three Black Crows candlestick pattern - It signals Weakness in the Broad Market relative to the Index. - This Chart had Topped...
NIFTY 500: 15636 SUP: 12950/14480 As long as the above supports hold, we can see 17700-18780, 20200-21000, 22380-23400+
NIFTY 500 SUP: 12700/14450 As long as these supports hold, we can see 17700, 20000, 23000+
#nifty #trading #stockmarket Game of 21 SMA by @DailyNifty Only for study.
Picture is self explanatory Nifty looks to make fresh lows of a long time, as per my analysis.
Dear all, the market is in a bad structure, the demand zone was from 14100 to 14300, now that nifty 500 is taking out this zone, the weekly charts is now in structure of lower low and lower high which is a downtrend in longer time frame. This was one reason why I have said that tracking the global market structure is important, we have EU50 making down trending...
NSE:CNX500 price range analysis within the stage region between 14300-15300 1) in the first part, sellers are clearly winning, clear range expansion on downside, extremely bearish closing, range of candles on upside is very low 2) after a rally on upside, sellers again were heavy on buyers, range expansion still happening on upside, but 2 consecutive long tail...
Friday's session was the reason why I kept saying about tracking the S&P 500, on Thursday the S&P 500 did bad which affected our market to gap down on Friday's session and close lower, big gap on the opposite side of the short term trend causes the structure to change. Even the session on Friday S&P 500 did bad, so again we will see a gap down on Nifty 500 on...
Nothing much has changed from the previous post, the trend in the short term is to the upside. Nifty 500 today gapped up in the morning session and saw some selling but soon there was buying happening at lower level, price managed to close higher for the session, so there is buying happening at lower levels. Once the price is heading towards 15300 level which is...