Don't go short FinNifty in this Level Bearish view only Below 20410 level if Break above 20655 Enter Long at Retest the Level
Break of either side of Nifty will give good move. I will be Bullish only above 18000 level which is a psychological hurdle for Nifty also. and Bearish only Below 17300 level then Nifty will have strong support of 16800 level which will give good opportunity to initiate fresh Buying. (Trade at your own Risk)
Booked my Half @ 3650 as shared Rest will be Trailed as per chart. Good Luck
As we can see BALAMINE tradning in a range near 200 Ema for almost 10 month. waiting for Strong Candle Breakout of Trendline with good volume. I will wait for Traget of 3600-3800.
16800 will be very important level for Nifty this is also a Previous month high level just below 17000 which is very important psychological level. i will be on side of Sell on Rise till Nifty cross 16860 & 17000. Happy Trading
Wait to Close above 180 Level. Safe Entry above 220 level after confirmation of Positive Trend.
Entered as per planned.. Volume is also very Strong.
Wait for Breakout Above 537 with Good Green Candle and Volume I would prefer to Enter with 25% Quantity at Breakout and rest of the quantity at Retest of zone. My First Target is 635 where i would prefer to Book my Half Quantity then I will Hold rest of the Quantity. "Happy Trading"
Clear cut Sell on High market... As you can see FII's data they are not Buying in market after 5th July even DII,s were net seller on 11th July. Now what we can expect is Nifty may retest its 16000-15950 Level and from here we can take a Buying trade. *Happy Trading*
As we can see Nifty at Make or Break level which is 16325 - 16180. Above 16325 we can Buy for 16500 & 16600 as price action allow. Below 16180 there will be clear cut Sell opportunity for Target of 16100 - 16000 as per price action.
Nifty next Level : Resistance - 16170 -16200 -16325 Support - 16000 -15930 Nifty seems Bullish for Next week but need to wait and watch Friday & Monday session. i am assuming flat opening for tomorrow then will see Reversal from Resistance area which is 16170-16200 towards 16000 level.
Nifty Chart Analysis.. as Nifty Trading in Tight Range of 15930 to 15685 .. just wait to break either the side.. i am expecting again a bounce back from Support zone of 15720-15685 level.