Nifty 50 Index

NSE

NIFTY

Last Price@11973 - 14:50 Hrs / 11th June 2019 No Selling Trade if moves above 12000-12025. I am assuming the right shoulder top which is extremely risky so you should wait for neckline to break & sell or risky traders sell below 12000. Downside Targets 11875-11900 Below 11850 11775

I am surprised to see how this simple strategy could yield such handsome return in the Index futures. Time Period= 1 June till date Chart= 15 min. Rules: 1. Divergence on Stochastics associated with inverse price movement 2. Entry @ break above/below immediately preceding "minor" swing high/low 3. Stop @ below/above immediately preceding "significant" swing...

There're two scenarios created by NIFTY. Previous support 11816 existed. Control price attracting value to 11841. Sellers pressure will lead price toward value low at 11802 nearby. We will take accurate action very soon if you want REALTIME alert, HIT LIKE button.

Market analysis: Nifty has formed a double top near the 10760 level. So until nifty is below 11960 market will be moving head towards 9400. Let wait and see what the market does in the coming days. Cheers!

PRICE IS BULLISH UNLESS TRENDLINE IS BROKEN

Renko is often used prior to some big events especially election outcome. Renko bars + Supertrend + RSI is telling to take a short position on NSE:NIFTY. Will NDA may fall short of the majority? Renko reveals something!

As expected Nifty 5.1.4 wave reached near 11100-200 range and reversed. This 4th wave looking at it after the event turned out to be a peculiar one, in the sense that it took much more time at distribution level at ATH and just below it before cracking. 1. With the first indication of HH and HL in normal candles, long can be initiated with SL just below the...

NIFTY is trading in a falling channel as we could observe from the chart. Immediate support lies at 11615. Fibonacci extension (1.618) of previous upswing between 11769.5 and 12000 (as marked in chart) falls at 11626 which more or less comes in at same level. Technically, even though we could see patterns like Head & Shoulder and Rising Wedge whose targets run...

Nifty formed Head and Shoulder Pattern in weekly chart.

Analysis Done on Spot / Cash Data ----------------------------------------------------------------------------------------------- Status Update at 09:13 Hrs / 9th April 2019 Last Price@11598 Buy Close to 11550 – 11560 zone ( No Buying below 11550) ----------------------------------------------------------------------------------------------- Key / Critical...

will act as per breakout or breakdown

Event Day... Volatile Day... Concentrate strongly on position Sizing and Stop Losses... Avoid Revange trading... Remember there are unlimited opportunities coming after tomorrows event... Dont trade like its last trading day on Earth... LOL... All the Best...

NIFTY is trading in a range of 10830 to 10960. Unable to give weekly close out of this range. A Simple fibonacci concept can interpreted that until and unless it doesnt break 12098 ie (13% of previous swing), it will be treated as fake breakout. Hence short entry can be taken if it breaks below 10850. Long entry can be initiated if it breaks above 12098. Short...

Nifty exactly following our project and you can also CHECK it here. The price seems to move value low which has stronger support 11850 and 11825 nearby. This support can attract the buyers and control price will be a target for them. The better way to trade at value low with the tail if this is not breakdown. We have to think for breakdown also here. I ll...

Here I am posting nifty long term Elliott wave analysis. Currently we are seeing nifty sliding in its IVth wave. Nifty Compleated "b" wave of (IVth) near 11789 after that price is falling in "c" wave. As shown in chart price may slide upto 9200-300 near Channel support in long term as shown in chart. "(c)" wave price may fall in five wave formation. Currently...

refer chart for details

Please see the levels in the chart.

Sustaining 11880 - 11900 will push the price towards 11960, 12020, 12080 and 12140. Bearish below 11820 for the targets 11760, 11720, 11660 and 11600.