GIFT NIFTY:Flag pattern b/outGIFT NIFTY:Has formed a flag pattern in 15M/30M Chart and as per the pattern expect a 100 point move towards 22750+(For educational purpose only)
NIFTY1! trade ideas
WILL GIFT NIFTY COUNTINUE THE ATH RALLY?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.
Nifty Intraday Levels | 03-05-2024The 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.
Nifty Intraday Levels | 02-05-2024The 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.
NIFTY PotentialIf 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.
Nifty Intraday Levels | 30-04-2024The 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.
GIFT NIFTY FUTURE buy sell zones analysisNSEIX: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
HHH999To 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 uptrend, and when it's red, it indicates a downtrend.
2. **RSI**: The RSI can help confirm potential trend reversals. When the RSI is below 30, it suggests that the asset may be oversold and could potentially reverse upward. When the RSI is above 70, it suggests that the asset may be overbought and could potentially reverse downward.
3. **200 EMA**: The 200 EMA can act as a long-term trend indicator. When the price is above the 200 EMA, it indicates a bullish trend, and when the price is below the 200 EMA, it indicates a bearish trend.
Here's a basic strategy using these indicators:
- **Entry**:
- Buy when the Supertrend is green (indicating an uptrend), the RSI is above 50 (confirming strength), and the price is above the 200 EMA (confirming long-term bullish trend).
- Sell/Short when the Supertrend is red (indicating a downtrend), the RSI is below 50 (confirming weakness), and the price is below the 200 EMA (confirming long-term bearish trend).
- **Exit**:
- Exit long positions when the Supertrend turns red or the RSI crosses below 50.
- Exit short positions when the Supertrend turns green or the RSI crosses above 50.
This is a basic strategy outline, and you may need to adjust parameters and rules based on the specific assets and market conditions you're trading. It's always a good idea to backtest your strategy on historical data before trading live.
SHORT OPPORTUNITYNIFTY short term reversal as per the Harmonic pattern.
This analysis for educational only
Nifty Intraday Levels | 23-04-2024The 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.
GIFT NIFTY:Looks bullish-Trendline b/outGIFT NIFTY: Likely to breach trend line resistance and if it breaches 22200 chances are higher for testing 22300 + soon(For educational purpose only)
Nifty Intraday Levels | 22-04-2024The 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.
Island Top - Reversal Pattern, Rsi DivergenceIsland 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 3rd impulse wave. This would be confirmed if it closed below 21550 in the coming weeks.
GIFT Nifty - Head and Shoulder Chart PatternBearish head and shoulder chart pattern formed in GIFT Nifty in hourly timeframe.
Volatile sidewaysNifty 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 22100Gift Nifty At Strong Support 22150 to 22100
Good Upmove Possible toward 23000
Still Buy On Dip, Buy On Dip...
Nifty - How to trade today
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.
Gifty nifty is confirming my view which was posted on X .@ days back I had written about Dow jones ie. selling on every rise . Since yesterday this index following it
Nifty To touch 23000 or Return to 22000?*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 may consolidate around 48850.
*FINNIFTY*
Weekly Support: 21800
Weekly Resistance: 21100
Trend: May Reverse to Bearish
Disclaimer: Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
SIMPLE DEMAND AND SUPPLY SETUPin 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
Nifty 50 Wave Count and TrendNifty facing hurdel around 100% retracement level
its strong resistance. Suddenly a decline in the activities of FII and DII is visible. It seems everyone is confused. Everyone is confused about the rise that is happening here, is it an impulse rise or a corrective rise? Counting makes our work easier - view is clear.
The main reason is that in the past (2008 and covid 19), when the market had fallen after the ending diagonal it was very sharp which is called free fall but this time the matter has reversed.
Bat 🦇 pattern in nifty futures Already 1st reached, Let's wait for final Target. Nifty future is in sell on rise. This is for educational purposes only.
Short Nifty 22000 April Put near CMP 190Short Nifty 22000 April Put near CMP 190. Hourly chart shows a breakout and stochastics and VI indicators are also bullish.
