NeeteshJain

NeeteshJain

There is an opportunity to invest as the price action is moving up to Wave 3 after confirming and completing a regular flat corrective structure. Now we shall short corrections and high jumps in price movements. Target 1: 56 Stop: 49

NeeteshJain

On Hourly chart, the price action is ranging in an ascending triangle. With the last big red candlestick it shows weakness and indicates bearishness.

NeeteshJain

The price action is been ranging from 1516-1460, about range of 60 points for a while and now I could see a cracking or breaking of it that indicates weakness and bearishness. I would suggest to short for now with a stop loss at 1485. Target: 1400

NeeteshJain Updated 

The price action breaks out from the prevailing downward moving trendline and indicates bullishness. Targets can been taken to 61.8 Fibonacci levels at 495, stoploss 464

NeeteshJain Updated 

There is a strong price action observed as it breaks out from the previous resistance of 565 and as well breaks from the rectangular consolidation or correction phase. It is good time to join the rally.

NeeteshJain

After price action trading in a range for while today we observed a price action breakout from the consolidated range. Target 122 ,Stoploss 116

NeeteshJain Updated 

After trending down for a while, today I observed a clean price action breakout from the trend line, it shows bullishness in price action and it shall continue it to the next resistance level marked as Target 1 and Target 2. One can go long in this with stoploss at 49

NeeteshJain

The price action in the strong consolidated triangle breaks upside today that indicates bullishness. Target:91 Stoploss: 86.50

NeeteshJain Updated 

Today's price action breaks down Nifty from the continuation Ascending Triangle Pattern. Now the price movement shall continue the downward rally to price levels of 8570 and 8535. It is important to note that 8520 is a crucial support in order to maintain the upward rally. Anything below will be taken as trend reversal. Target 1: 8570 Target 2: 8535 Stoploss: 8700

NeeteshJain Updated 

It is been observed that the price action breaks out from a trending channel and then the selling seen at the double top that confirms selling and the price action shall move down to the previous resistance, now shall be acted as support. Target: 454 Sl: 474

NeeteshJain Updated 

It is been observed that the price action is been consolidation with a rectangular price range and it was earlier also observed that the price action breaks upside but could not sustain the uptrend as we didnt get to see a new higher highs and after a while the price action breaks below the consolidation and now it is confirmed as we go to observe a lower low that...

NeeteshJain Updated 

As per the price action, it seems like 5 impulse waves are completed within the up-trend channel and now it will move further in corrective phase where 3 waves will continue rallying downward against the trend. The three corrective waves would name A B C. I have marked only Wave A in the above chart.

NeeteshJain Updated 

The price action on hourly chart seems to be breaking out from a crucial support 1540. If it confirms then we might see downward rally to 1450 levels.

NeeteshJain Updated 

Now the price action is building up momentum on 30 mins chart as observed. It shall move up to 564 levels. Stoploss 541

NeeteshJain Updated 

Today's Price Movement breaks through the big rectangular consolidation. The consolidation is been continuing for a while but now it seems like the price action is changing gears, it shall move down further to the levels of 4750. Target: 4750 Stoploss: 4930

NeeteshJain Updated 

Price action is building lower lows, can expect a target of 1492

NeeteshJain Updated 

The price action is been trading within a triangle formation and today we could see a clear breakout from that it may now go upto 97 levels to fill up the previous gap on daily as well as on hourly charts

NeeteshJain

It is been trending down for a while and for past few days the price action is been trading within a symmetrical triangle as marked in the chart. Looking forward a strong breakout on either side.