NIFTY : 6TH DEC TRADENifty continues in bullish mode
Expect 21057/21160 to test by expiry this week
Downside support starts at 20800/20730 levels
Tomorrow 2nd half expect some profit booking
NIFTY1! trade ideas
Nifty Future Nifty Future 1 hour Time Frame forming a Falling Wedge formation and bullish RSI divergence
Nifty - update
Please refer to my previous discussion on Nifty. (Link Provided). There it was mentioned that Nifty may come down in the evening from 5:03 p.m. and it has done the same way and still trading below that candle as marked by a white horizontal line.
How to trade today?
(a) Candle of December Ist has to give support, if Nifty has to go up.
(b) Candle of 29th November should not be broken at all.
(c) Toady trade between time range of
12-5-23 10:46 AM
12-5-23 3:12 PM
(d) This candle 12-5-23 10:46 AM is going to play pivotal role today.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. 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.
NIFTY : 5TH DEC TRADE SETUPNIFTY -Could open small gapdown and consolidate and later move upside in 2nd half
Or
Correction till 20500 and then move upside further breaking today’s high and test 20950++
Future levels
BUY on dip for tomorrow.. market to remain bullish
Bulls are on fire in Indian marketsIn this video we discuss the view on Nifty and Banknifty in the coming days.
Nifty Future Result ( 1st Dec '23 )Hello Friends.. Clearly told you on friday, My all targets are achieved.. Nifty is in bull hands as of now..
But now stay cautious for a while.. Mark the levels 20747 - 20827 are the selling levels.. Market won't be touching 21000 very easily.. Some sort of healthy selling is possible for further bull run.. My lower support would be 20447 20370..
Gift Nifty
High and low of (12-4-23 5:03) PM this candle will decide the future for this Month for Gift Nifty.
If it drops below this candle, a deep correction is on. Also watch the comments on the chart in relation to price movement.
William's R% is also showing overbought condition and candle of 29th November and corresponding volume of that day also suggest that.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. 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.
Gift nifty, Nifty future 20650 upside Target On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nifty Future View ( 1st Dec '23 )Hello Friends, Hope you have enjoyed the rally after breakout of 19927.. I have notified you much earlier of the breakout.. Now nifty is at all time high, Mark my words, My higher targets are like 20547-20647 in coming days..
As of intraday I am expecting the nifty future upto 20470..
Any decline or panic, only think for the buy, MY buying zones are 20027-19947, Market will definitely take support from this zone and will bounce back..
So only think for the buy in decline.. My targets are intact.. You will love it..
Stay safe and healthy.. God Bless You..
Om Sai Ram..
NIFTY - TRADE SETUP FOR 1 DECNifty 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
NIFTY FUTURE set for new ATH?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 run for 20k level buy zone , if breaks below and sustains, then we wil see some pull back or sideways sessions for couple of days
NIFTY - NOV EXPIRY TGT 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
nifty future next move predictionNSEIX:NIFTY1! above 19950 nifty future will enter uptrend countinuation price action and then we can follow the market for new all time high possibly
Intraday fin niftyIf trend line break short fin nifty
Trade based on volume and price action
Price move up but volume not provide support
Nifty futures returns 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 creating own strategies from freely available ones. Now need to strictly follow and see how the results pan out in the coming weeks and months.
The whole setup just uses one strategy and one indicator.
Will keep this post updated.
Nifty futures volume buildup @10:15 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.
"Nifty 50 Ascending Pattern Breakout - Projected Target 20150"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 strategies, leveraging the breakout confirmation, while maintaining a watchful eye on price action and market conditions for validation of this upward movement.
Remember, trading decisions should incorporate risk management strategies, comprehensive analysis, and adaptation to evolving market dynamics.
Nifty Fut Result ( 28th Nov '23 )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 Future Update ( 27th Nov '23 )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..
Nifty Future Update ( 24th Nov '23 )Any decline or any panic in a market is a opportunity to buy only.. Only think for buy as it is a bull run, One need to be cautious while taking trade..
Market already touched 19870 5-6 times this week so there is a high chance of breakout..
Danger of falling NIFTY is not over.Starting from 18th October, big fall was managed in NTFTY futures.
As of today still trading in that range.
Giftnifty view for 23/11/2023 evening-
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 Update ( 23rd Nov '23 )Nifty now in accumulation mode in sellers zone, Sellers gets weak when buyers accumulation in sellers zone..
