THE ABOVE VIEW IS ONLY MY IDEA OF EXPECTION ON MARKET PLEASE TREAT IT AS ONLY EDUCATIONAL PORPOSE ONLY NOT AT ALL A TRADING OR INVESTMENT RECOMANDATION
Magic Lines: All supports are not for buy level. As like all resistance are not for sell levels After long research and back testing we find which S&R is for sell level & which S&R is buy level. In that result we give the pure intraday levels in charts. BLUE LINE ARE BUY LEVELS (Target lines) ORANGE LINES ARE SELL LEVELS(Target lines) Additionally we added...
Wait for the price to find support or resistance at the levels mentioned and take trade accordingly.
Hello - Bearish RSI Divergences on NIFTY Daily Chart. - - NIFTY SETUP Highlighted daily and weekly resistance. NIFTY is weak below 15888.00. Can move towards 15161.45 in coming days. - Stop Loss @ 16010.00
Bearish BAT Resistance = 15836 Support = 15799.90, 15741, 15708.
Nifty futures bounces nicely from our support level of 15637 ( previous day's close ) Trend is now flat in daily chart & even hourly chart. Even RSI is moving horizontal. Almost all major sectoral indices closed in green, although Nifty Metal & IT pack did most of the heavy lifting for market. Nifty futures has closed at 61.80 % Fibonacci retracement of previous...
understanding trades of nifty future for 23.07.2021 on the basis of support and resistance.
A strong Gap-Up opening for Nifty and BankNifty is expected but this strength may be short lived and we may see some selling pressure at the higher levels. So, be careful Today with both Long and Short Trades. Intraday Nifty & BankNifty Gann Support and Resistance Levels FOR 22/7/2021 are: Nifty R1:15749 R2:15812 R3:15875 R4:15938 S1:15619 S2:15557 ...
SGX Nifty seems to be rebounding from the 50 moving average cluster on the daily time frame. As you may already know that 50MA/EMA plays an important role on the daily time frame. Another factor is that RSI is also curving upwards from 45 level, which is particularly a good sign. With SPX(US index) recovering over 2.5% since yesterday, and SGX getting support...
As discussed last time, looking sideways or bearish. Going below 20th low, can directly move towards 15,300.
a good channel formation plus reversal pattern at trendline support will you gonna take this risk ?
understanding trades of nifty future for 22.07.2021 (thursday - Expiry), on the basis of support and resistance.
A broadening formation is a price pattern characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. Since we have been facing some volatility lately, the pattern seems to be developing. Also, the price is now trading below July month open, which puts the net longs above 15746 in the loss. This means that...
IT S PURELY COMPLEXT ABCEZABC PATTERN
The markets opened with a gap-down and remained in the negative territory for the rest of the day. The advance: decline indicated broad-based selling as 40 of the Nifty50 stocks closed in the red. Among the Nifty sectoral indices, all indices except FMCG were down, with Media (-2.5%) and Realty (-2.5%) being the top losers. Nifty FMCG (+0.1%) was the only index to...
I have noticed this correlation between Nifty and Indiavix. 1. Whenever there is a spike in volatility and volume, that seems to mark the bottom for Nifty. 2. This theory seems to be holding for the last 7-8 months. 3. Currently, we are facing a similar kind of situation. The Vix has spiked and the price is tanking. 4. If the theory holds its value, the bottom...