NIFTY 50 - SELLNIfty 50 Future breaks days low after gap of 160+ points.
A short positional trade can be initated at the level of 23700 (future level) with stoploss of 23950
First target - 23565
Second Target - 23425
Third Target - 23235
Direction Of Nifty Futures Ideal situation- Trade above 23792 into the imbalances above
and then send it lower... major liquidity rests above as well
Expecting a move lower regardless
The trade will be a scalp on lower time frames only on the model
Nifty - Weekly Head and Shoulder viewAnalysis
Nifty futures as of now has completed the weekly Head and Shoulder Pattern. A weekly close below 23900 will confirm this
A downside target of 11% can be projected, with coincides with the election panic low of 21265
This view will be invalidated if Nifty closes above 25000
Trade
GIFT NIFTY (SANTA RALLY)
Triangles are fascinating chart patterns in technical analysis. There are three main types: ascending, descending, and symmetrical. Each indicates different market conditions and potential price movements. Here's a quick overview:
Ascending Triangle: This bullish pattern features a horizontal resi
PCR in Trading However, no PCR can be considered ideal, but usually, a PCR below 0.7 is typically viewed as a strong bullish sentiment while a PCR more than 1 is usually considered as a strong bearish sentiment.
A high PCR indicates a bearish sentiment, as more traders buy puts, expecting the market to decline. S
How to draw support & resistance To identify support or resistance, you have to look back at the chart to find a significant pause in a price decline or rise. Then look forward to see whether a price halts or reverses as it approaches that level.
he Fibonacci indicator consists of Fibonacci retracement levels, which are 23.6%, 38.
NIfty Weekly Bull Run Resumes after Flag Hello Everyone,
Nifty Weekly Creating FLAG pattern along with channel trendline support and EMA 50 as support also a RSI oversold conditions. as compare to previous flag if this going to happened then NIFTY 31000 possible till start of 2026 . buy on dips is the strategy for investors.
hope you l
Nifty cautious approach for coming months.Hi,
Please do check out the chart analysis on Nifty for the coming week starting 23rd Dec 2024.
Thanks.
Nifty FutureThis Market has been a Delight for those who understand what the hell is happening. I hear though..... that ALGO users have had their Pants taken off with the volatility. I will TRY and update everyday going forward time permitting. ( My internet went BLANK at 11.30 am and I couldn't update thereaft
Nifty FutureAgain this is a 1 tf chart to show you guys the BOTTOM...... but have to post it under a 15 tf coz TV wont allow me to do so. This to me is the bottom for now before A PULLBACK. WILL EXPLAIN LATER THE PULLBACK And the retracements. All the Best
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for GIFT NIFTY 50 INDEX FUTURES is Dec 26, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell GIFT NIFTY 50 INDEX FUTURES before Dec 26, 2024.