CompoundingWithSwingNSESTOCKS

CompoundingWithSwingNSESTOCKS

NIFTY's important bullish trendline which was support has now become Resistance. Tring to form a base at 17785, crossing 18k may sustain bullishnes. Below 17750 selling . NnkNifty quite bullish but weakness in NIFTY can cause it to collapse below 41600. Scalping sems better

CompoundingWithSwingNSESTOCKS

Power of trendlines- in such strong uptrend break of trendline in NIFTY gave huge down move - all bull gains lost. BNF is still taking support from trendline . But selling only below 16960 and 39600 (confrmation below 39250)

CompoundingWithSwingNSESTOCKS

Bnifty already about to breakdown a strong trendline but shud wait fro nifty to break 16960 -longer frame trendline on downside. good bounces with strong buy can also lead to good upmove

CompoundingWithSwingNSESTOCKS

nifty takng support from yestrdays trendline and still sbove pDH, banknifty looking more neutraal (also wide CPr) but below trendline. if support tken can see upward movement else breakdown (can be slow and theta eating

CompoundingWithSwingNSESTOCKS Updated 

Bearish structure but nifty at strong support 16900 and BNFty also intraday support. Can be a slow momentum downside -scalping shud help. buying only abv 17960-70

CompoundingWithSwingNSESTOCKS

trend line break may bring an upside move- or is it a good opportunity to sell. More weight on sell side but may be in little while. till then scalping

CompoundingWithSwingNSESTOCKS

NIFTY sharp and strong retracement -- above 20 EMA now. only rejection from 17150 can hep continue downtrend or we can see more upward move till 17180 and beyond. in downtrend it can become strong after yestrdays tredn line broken below 17070

CompoundingWithSwingNSESTOCKS

Bearish slow momentum with SL eating bounces. Seems to getting support ,also from yesterdays trend line. But gap covering and yestrdays SL hunting may take it down. Rejection from 20EMA in 5m frame will be very cruial

CompoundingWithSwingNSESTOCKS

SLow momentum sell on rise market with sharp retracements. can keep scalping and booking profits as trailing SL may be hit frequently

CompoundingWithSwingNSESTOCKS

Downtredn with sharp bounces- short with confirmation to get profitable short trades-scalping shud work better till major trend confirmation on downside

CompoundingWithSwingNSESTOCKS

In indecisive state . Price action weak so expected to go down but still wil confuse sellers but chances also look of sharp recovery-SL hitting

CompoundingWithSwingNSESTOCKS

BNF support area- No shorting till price action confrmation below 41340

CompoundingWithSwingNSESTOCKS

top formation on trend line intraday basis. Rejection at upper level. unable to sustain 17400. on upside 17450 will be deciding