Trade ideas
GIFT NIFTY 50 future move based on buy sell zones NSEIX:NIFTY1! GIFT NIFTY has reached the previous sell zone which gave nice selling pressure,
if gift nifty reacts to sell zone and breaks parallel channel it has formed just below the sell zone , then we can expect a trend reversal with sharp selling unless we get to see sideways movement at the sell zone ant then breakout of the sell zone.
Bullish Kicker - Regression Channel BODaily time frame;
Regression Channel breakout Indicates Change in trend
Weekly time farmes;
Bullish Kicker candlestick signals reversal from the yellow support line, which was drawn from two prior tops (Oct'21 & Nov'22), which provided support as projected
Way forward,
1. Resistance, 19600
2. Support, 19200-19250
Analyzing Nifty 50: Market Expectations and Insights for SeptembIn this educational post, we delve into the Nifty 50 index's potential trends and market expectations for September 4th, 2023. Please note that the information provided here is for educational purposes only and should not be considered as financial advice or a recommendation to make any investment decisions. Always conduct thorough research and consider consulting with a qualified financial advisor before making any investment choices. Our goal is to provide insights and understanding of market dynamics to help you become a more informed investor.