JatinSonara

JatinSonara

As we see in chart that blue line indicates strong resistance which is break today. Also, Blue line converted in Support Zone. Yellow line indicates that nifty has covered almost 50% in 2 days after falling from all time high. Now, at 50% level, which is in center, Nifty is facing new Resistance. White Box is performing as strong Support for Nifty. If Nifty...

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Weaknesses is increasing in nifty day by day. As you see in chart nifty made all time high @ 18887.6. Also, Yesterday nifty tried to go up but it was a trap (we discussed it in my early post). Now, In chart you can observe that nifty has strong resistance which is indicated with red line. Today, nifty gave us false signal at point B. So, we can consider...

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As I said in title that “Be Careful with Nifty50”. 9th December can be hard for some trader. If you are new try to avoid trad for tomorrow. As you can see in picture Point A was our first clue of trend. After touched Point A nifty made New Low @ 18577.90. Same situation in Point B, After Touched Point B it made new low @ 18564.5. Now, Point C is little bit...

JatinSonara

Tata consumer was in consolidation for a month. At 800, it’s good time to buy it with SL(Buy accordingly). There is possibility for 20%+ profit in 3 month. Note:- Please contact your RM first…

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So, as I said in yesterday’s analysis, Trend has been changed. Or As we can see in picture, 5th December, On Fib Retracement Level Nifty take support on 18600 at point A. but resistance was so strong on 18710. So, after failing 2 attempts to break that level, nifty finally made new low of this month. Therefore, Resistance @ 18600 and support @ 18500. But if...

JatinSonara

Moving Average is going down in 15 minutes time frame. It clear means that Nifty will go down in short run. On 5th December Moving average started going down, Also, on that day Nifty try to go up but can’t break day high (It’s 50% possible that trend has been changed). Today on 6th December, Nifty survived at yesterday’s low.(30% chance that nifty will not go up...