To create a trading strategy using Supertrend, Relative Strength Index (RSI), and the 200 Exponential Moving Average (EMA), you can combine these indicators to make more informed trading decisions. Here's a basic strategy outline: 1. **Supertrend**: Use the Supertrend indicator to determine the trend direction. When the Supertrend line is green, it indicates an...
NIFTY short term reversal as per the Harmonic pattern. This analysis for educational only
NSEIX:NIFTY1! nifty future bounced back from daily timeframe buy zone and ended up just below previous sell zone, with no prpoer buy zones immidiate below, we may see a drop till midzone , if manages to break above current sell zone and sustains with a retest, then we may see move till green zone quickly
If it is A-B-C or 1-2-3-4-5 from March 20 low, NF cold be heading towards 35K by May'27 with volatility and intermediate structure of troughs and peaks 26K by OCT'24 Possible 35K between OCT'25-MAY'27 Intermediate structure can change on its progress to higher levels. Therefore, daily and weekly Oversold on RSI whenever happens could be opportunity.
The Green line is marked for breakout, The Red line is marked for breakdown, The Black lines are for the target. Stay tuned, if any levels occur, I will update you in the comment section.
Island Reversal, A significant gap up, or sharply higher price at the open, follows an upward price trend, then reverses to a bearish price trend. Rsi divergence implies a change in relative strength as compared to price movement. The price has come out of the regression channel. Probably we are in the 4th wave, which means we have completed the top of the...
Bearish head and shoulder chart pattern formed in GIFT Nifty in hourly timeframe.
GIFT NIFTY: Likely to breach trend line resistance and if it breaches 22200 chances are higher for testing 22300 + soon(For educational purpose only)
The Green line is marked for breakout The Red line is marked for breakdown The Black line is for the target on the upside stay tuned, if any levels occur will update in the comment section.
NSEIX:NIFTY1! GIFT NIFTY is currently trying to maintain upside move at the previous sell zone should it break abd sustain above it, we may see few more green candles on daily TF unless it starts making fresh lower low lower highs by breaking the 2 fresh buy zones created below. watch the move closely to plan your trades ahead.
The Green line is marked for breakout The Red line is marked for breakdown The Black line is for the target on the upside stay tuned, if any levels occur will update in the comment section.
The Green line is marked for breakout The Red line is marked for breakdown The Black line is for the target on the upside stay tuned, if any levels occur will update in the comment section.
Nifty after the upmove formed a continuation H & S but the breakout did not succeed and settled in a expanding triangle. Likely to be in sideways for a while. Range trading is wht we need to do now
Gift Nifty At Strong Support 22150 to 22100 Good Upmove Possible toward 23000 Still Buy On Dip, Buy On Dip...
Please read the notes as mentioned on the chart. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
@ days back I had written about Dow jones ie. selling on every rise . Since yesterday this index following it
*Nifty* Weekly Support: 22000 Weekly Resistance: 22600–23000 Trend: Bullish The Nifty has failed to cross and move above 22550 for the last 5 weeks, making 22550 a strong resistance. A break above this will stop only at 23000. *BankNifty* Weekly Support: 47900 => 46650 Weekly Resistance: 48900 Trend: May Reverse to Bearish BankNifty had a conical breakout and...
in fin nifty we obserbed a sharp fall from 21670 which took a support at the lower demand zone we took a entry on demand zone and one on the break out, breakout entry hit the sl because of the time barrier, but we are long in first entry