Nifty was tested 22022 as per our previous prediction. It was filled the gap successfully. It is also showing strength as per our prediction from reversal level 22000. Positive Divergence seen on chart. It can long for target 22430 and also 22720 on extreme case.
On the daily chart following observed :- 1. MACD negative crossover on daily and weekly time frame which is going towards zero line. 2. RSI is at 47 which can be considered week. 3. Small support at 21860. So keeping in veiw of above mentioned factors, watch levels 21860 closely, if these levels broken then sharp fall can be expected towards next support...
Nifty future form evening star pattern. Nifty next up move rally will come, when it close above 22600. There is major resistance 22490-544. As per chart, Nifty can short on any rise and stay short till target of 22250 and final target for down side would be 22022. There is angular trend line support at 22022 with previous GAP. The level 22022 would act at major...
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...
Hourly and daily Stochastics and VI indicators are highly overbought. Time to short 22800 14 mar call near cmp 55
Hello 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
As the Indian Equity markets are closed on Friday.. the Gift Nifty is making new highs.Its trading almost 150 points up.. Better watch out for any retracements on the next day!
Rising Wedge Pattern Formation in Nifty Future Small Correction Possible In 2-3 Trading Days 1st Target 22328 (Nifty Future)⚓ 2nd Target 22190 (Nifty Future)⚓
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...
Daily chart shows overbought Nifty as indicated by stochastic and VI indicators. Time to short 22400 call, cmp 352.
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...
In this video I have discussed a part of the END OF THE DAY analysis of NIFTY futures please do let me know if you guys want more videos like this Thank You for watching the video Till then, HAPPY TRADING :)
I am Bearish for this week .If Nifty Future cross previous High then My view is invalid. If Nifty breaks Fridays low then I will be bearish.
It 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...
nifty at 1 D time frame it look like make correction, its my view
Opening: 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...
REASON FOR BUY : 1 Bullish Engulfing formed in 1H low 2 Price closed abv SMA in 1H 3 MACD is in Positive in 1H and Daily
NSEIX:NIFTY1! NIFTY FUTURE has bounced back very aggressively straight to the previous high, will it sustain or panick selling due to profit booking will drag it down again?