NIFTY gave good momentum trades which happened on trendlines and fib levels
Scrip bounced from support trendline 780 froming HHHL with retest & cleared resistance of 815 may head to test 920 swing area Resistance
Script bounced from major support area around 650 now at 0.5 fib levl , if momentum continues can lead to resistance testing around 720
After prev day downmove Market rejected from 0.23 fib got rejected from prev day zone (retest) & trendline breakdwon, downmove continued
Script is in good momentum after support bounce - levels 1830,if 2050 level of resistance is cleared can go for testing higher swings at 2180
Script showing good momentum after bounce from 260 support level, if sustains 275 (resistance trendline in smaller timeframe can go for testing bigger resistance at 310
Script showed excellent intraday momentum after support from Bounce ,creating HH HL & retest of 4670 level , may head to test next major swing resistance near 5900 levels
Script is showing a Lower Low Lower High formation after getting rejection from 0.6 fib (6200 levels) and breakdown of major support . Further breakdown of support trendline around 5600 can lead to more downside
Script cleared resistance trendline, showing movement after HH HL creation from support swing which is 0.5 fib - Right now at major swing resistance
Script in downtrend with channel formation bounced from lower limit 830 -formed HH HL and cleared important swing resistance 900 . can go for testing upper channel limit
SUPPORT /RESISTANCE in Intraday (todays) which lead to moves (good RR trades) depend on previous day(s) structure - this is highly helpful in Sideways Market where exact entry can easily give 1:2 RR
3rd feb NIFTY- POWERFUL SUPPORT /RESISTANCE in Intraday which lead to moves (good RR trades) depend on previous day(s) structure - this is highly helpful in Sideways Market where exact entry can easily give 1:2 RR
Continously on 3rd day NIFTY is in buy in dip - with dip trade coming in 1st one hour by taking support at prev day liquidity /swing & 20 ema -5m If broader trend is kept in mind - intraday trade can be derived on that basis
Script showing tremendous downward momentum which broke prominent support levels of 1711, now at 1420 levels which also is a good support and need confirmation if this becomes a dip , any further breakdown can lead to testing of 1280 levels and further 1100- 900
Script showing good upmove - bounce from support trendline with volumes - may attempt to test swing resistance area around 4750
Script showing high upside momentum 2nd day in continuation after bouncig from prominent support area channel around 5500 , clearing Resistance Trendline . Support trendline testing around 6100 can make momentum last better
Script broke down major trendline support and support area, right now trading near support area around 300, can lead to next support area around 275 and beyond if momentum continues
Scipt already in downtrend showing LOWER LOW LOWER HIGH displaying high weakness reached major support area of 580 . If momentum continues can test major support area of 520-500