The Nifty 50 index has exhibited a bullish breakout from an ascending pattern, indicating a potential upward trend continuation. The breakout above the upper boundary signals bullish momentum, supporting a positive outlook for the index. Based on technical analysis, the projected target for this breakout is 20150. Traders might consider long positions or bullish...
Nifty still in bullish mode. CMP 20133
Again any dip till 20080/20046 future levels is buying opportunities
If gapup and sustains targets for tomorrow 1st Dec
20257/20324/20431 - Future levels
Finally the good breakout done by nifty future, broke the levels 19927 with volume, Now the magic figure would soon be seen on this counterpart.. Decent profit made.. Stay safe and healthy..
Nifty has moved into extreme bullish zone
NOV EXPIRY TARGETS UPSIDE
20227/20340
DOWNSIDE - LIMITED 20030
POSSIBLY GOOD GAPUP
Reliance could hold the market tomorrow
Kindly note Nifty is in range between 150 points since monday, Daily chart could clear elaborate the same, Upside sellers are weak now for sure, Anyday could come for bulls to break the upper hurdle, so watch the breakout of 19870 with volume and go bullish..
NSEIX:NIFTY1! nifty future is aggresively approaching the sell zone of the ath level, if breaks above 20255 ans retests for taking support and ahain breaks above the new ath level, then market might countinue making new ath levels with fresh upper high upper low formation price action.
on the other side if we see a huge profit booking, then we'll see nifty future...
Nifty futures saw some good amount of buying at 10:15AM, with the price at the bottom trendline. THere are high chances that we might cross 19850 and move further north.
A few months back I started with the idea of achieving the best using current indicators and taking the best of them modifying the code to my needs.
Idea was not to aim at producing the holy grail in trading but as to how far I can stretch and produce results from a single lot of Nifty futures.
Results are as below from back testing using modified indicators and...
Expected to be in wave 2 correction against rally from the low of 19760 on 22 nov within wave 3 of minute degree and expecting further high in wave 3 as far as it remains above 19760
📊 Nifty Future Intraday Levels - 22.11.2023📈
Unlock the potential of your trading day with these carefully curated intraday levels for Nifty Future, presented by Trading Marcos!
🚀 Here's a breakdown of the key details:
Instrument: Nifty Future
Contract Month: November Future
Day Range: 138.80 Points
Trigger Point: 19886.60
Buy Strategy:
Buy At: 19841
Add...
Expected to have completed the correction against the rally from 18842 on 26 oct and is expected to be in wave 1 within wave 3 formation and expects further highs as far as it remains above 19760.
Expected to be in correction against the rally from the low of 18842 on oct 26, we are in wave b within this correction and expecting further high as far as it remains above 19720.
See the magic of levels, Already told you that 19870-19927 are seliing zones and Nifty Fut takes sell off from that levels only and you can clearly see the targe hit in the afternoon and again taken support from 19747, which is our strong support..
Stay healthy and stay happy..
