Nifty can fall till 22065 upside resistance 22530On 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
Trade ideas
Nifty MAR-APR AnalysisHello Traders
Hope you made success with the previous analysis.
Sharing what could be the next move on Daily charts
Ignore if crosses 23000 level
Targets are marked on chart Final Target: 20200
Stay safe.. Trade according to your risk profile.
Let me know if you agree or disagree in comments... Looking forward
Best Regards
Gift nifty 22630 Target hit given on 5th marchOn 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
Gift nifty 22600 ++ Target for tomorrow, flag and poll pattern 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
Breakout in NiftyIt seems a breakout of the Ascending Triangle in Nifty as desribed in my earlier post.
Now we have to just make a point of view of Being Bullish and look for only long trade until any significant movement downside. Break of the full E leg may take market more towards downside.
We can make our self long, by Buying a Long Future of Nifty April Series and Buy a same Put of April Series. Restrict the downside and enjoy the upside.
Note:
This is my personal view and for educational purpose. We need to put our own brain and take a trade.
NIFTY 50 profitable trades on 1/3/24Opening: The nifty futures opened almost flat (GAP is the adjustment) and formed a BIG bull bar as the 1st bar indicating a bullish strength which was confirmed as bears weren't able to pullback to the MA even after 20 bars
Mid day and closing: The market behaved like a typical bull trend day closing near it's high
PROFITABLE TRADES:
One good trade which i spotted and took was at around 20 bars after the open whose logic is shown below in the image
1.
HAVE ANY DOUBT RELATED TO THE TRADE ANALYSIS ?
FEEL FREE TO COMMENT DOWN BELOW
Till then,
Happy Trading
NIFTY FUTURE hits the down target , NOW WHAT?NSEIX:NIFTY1! as mentioned in the last ide shared, nifty future started creating fresh lower highs and lower lows and finally gave the target mentioned in the last post, now we need to see if nifty future breaks above previous resistance or breaks current support to create new lower low.
Gift nifty bounce if break 21985 then upside move will come 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
Ascending Triangle Formation in Nifty Futures.Just for Educational Purpose and Gaining Inputs from qualified professionals.
It seems to me a ascending triangle formation on Nifty. Today Nifty gave a False breakout in the form of Leg "E" of the triangle. Seems that First leg of "E" wave is completed and formation of E will take time for tomorrow as well.
A breakout above the trendline of BD, we can get a rally up for Nifty for 1000 points.
If Levels of 21600 in Nifty Future is protected, one can initiate the Long position and wait for target to be hit. 23000 on card for Nifty.
Unveiling the Intriguing Intraday Patterns of NIFTY on 27 Feb 24Are you ready to delve into the captivating world of intraday trading? On February 27, 2024, the NIFTY 50 index showcased some fascinating patterns that kept traders on the edge of their seats. Here's a quick rundown:
1. Opening Range: The market opened flat with first few candles indicating that today might have 2 sided trading...
2. Mid Day and Closing: The market gave a strong breakout around mid-day and the breakout retested the mid point of opening range and closed at around the upper half of the trading range...
Patterns which were tradable:
1.
Green line shows entry price and targets are around 1:2 RR
2.
Red line shows the entry price with targets of 1:2 RR
ANY DOUBTS RELATED TO PATTERN COMMENT BELOW I WILL BE READY TO HELP YOU GUYS!!!
Whether you're a seasoned trader or a curious observer, dissecting these intraday patterns offers valuable insights into market dynamics and potential trading strategies.Would you like to see more posts like this, or do you have any suggestions for changes or improvements? Your feedback is invaluable in shaping our future content! Let us know in the comments below
Happy Trading!!