NiftyProTrader

NiftyProTrader

Dear Traders, Upon analyzing the provided chart, it is evident that the Bank Nifty has recently experienced a breakdown of its lower trendline. This occurrence indicates a high probability of long unwinding, which in turn suggests a significant decline in the Bank Nifty by approximately 1600 points in the coming days. It is essential to plan your trades...

NiftyProTrader

Greetings, esteemed individuals! As illustrated in the aforementioned chart, it becomes evident that the Nifty is in the process of shaping a Head and Shoulders pattern, indicating a potential target of 17800, accompanied by a recommended stop loss at 18200. Given the inherently risky nature of this trade, it is of paramount importance to exercise diligent risk...

NiftyProTrader

Greetings, I would like to propose a trade idea for you. Upon examining the 1-hour chart of TATA CONSUMER, I have noticed the presence of two trendlines, one on the upper side and another on the lower side. If the lower trendline were to break, it may lead to a long unwinding and potentially reach the 772 level. Therefore, it might be prudent to initiate a short...

NiftyProTrader Updated 

It appears that VEDL has broken out of a symmetrical triangle pattern on the chart, which suggests a potential bullish uptrend with a target price of 300. Today, there was a retest of the breakout level. Please note that this is not investment advice, and I recommend conducting your own research and consulting with a licensed financial advisor before making any...

NiftyProTrader Updated 

Based on the chart analysis, it appears that the Nifty has recently broken out of a head and shoulders pattern. This is an optimistic sign, as it suggests that the market is poised for an upward trend, potentially leading to a new all-time high. Overall, this could be an excellent opportunity for traders to consider taking a long position in the Nifty. Please...

NiftyProTrader Updated 

Hello everyone, I would like to share with you a trading pattern that I have observed in the Nifty index. It is a short pattern (Head and Shoulder) which will be activated if Nifty breaks down below 17590 with a 30-minute candle closing. In this case, I plan to take some short positions in Nifty, while also implementing proper risk management strategies. My...

NiftyProTrader

According to the analysis of the Nifty swing, it is currently in the resistance zone of 17800. A slight pullback is anticipated from this level, and if Nifty surpasses 17800 after the pullback, it may approach 18500. Conversely, if Nifty fails to break 17800 and falls to 17000, followed by a rebound that breaks 16800, it could potentially drop to 16000. I will...

NiftyProTrader Updated 

Trade Proposal: Market Analysis: A short pattern and a bear trend may come in BankNifty after conducting a thorough market analysis. Breaching the 40830 level after some consolidation may lead to further declines in BankNifty. Entry Criteria: A short position in BankNifty Futures will be created if the 15-minute candle closes below the 40830 level before...

NiftyProTrader

Greetings! I'm excited to share with you a new trade proposal that I have been working on. Firstly, let's take a look at the technical analysis. If the 17600 zones break tomorrow, then we may experience some downside momentum until it reaches 17500. In this case, our stop loss will be set at 17650 and our target will be 17500. However, there is one important...

NiftyProTrader Updated 

Trade Proposal: Market Analysis: A short pattern and a bear trend have been identified in Nifty after conducting a thorough market analysis. Breaching the 17510 level after some consolidation may lead to further declines in Nifty. Entry Criteria: A short position in Nifty Futures will be created if the 15-minute candle closes below the 17500 level before...

NiftyProTrader Updated 

Trade Proposal: After conducting a thorough analysis of the market, I have identified a short pattern and a bear trend in Banknifty. If the 39300 level is breached, I anticipate that Banknifty may experience further declines. In such a scenario, I plan to short BN with a stop loss of no more than 400 points and a target of approximately 800. Entry Criteria: If...

NiftyProTrader Updated 

I have identified a short pattern in Banknifty that can be observed in the chart provided above. Banknifty has recently broken down from a head and shoulders pattern while also breaching through a channel. It's crucial to note that I do not recommend taking this trade due to its high-risk nature. Instead, kindly view it as an educational trade. I personally have...

NiftyProTrader

From the above chart we can spot HS (Head and shoulder pattern) which is considered as one of the most accurate chart pattern. If market follow this pattern then we can see 36000 in upcoming months . As HS has very good accuracy to it has very good chances of going down side.

NiftyProTrader Updated 

Hello everyone, I have identified a short pattern in Banknifty, which can be seen in the chart above. Banknifty has broken down from a head and shoulders pattern, as well as breaking through a channel. I want to make it clear that I do not recommend taking this trade as it is very high risk. Instead, please view it as an educational trade. I have personally...

NiftyProTrader Updated 

Hello guys We took long yesterday . our take profit in banknifty is 40500 approx 750 points and our reduced stop loss is just 400 points now. Our average entry price is 39760 approx.. Keep sharing our post and follow me for more trades and free analysis. If someone has taken any trade comment down . I will help you managing trades.

NiftyProTrader

Hello, I would like to propose a trade regarding the Nifty index that I believe could be profitable. After analyzing a bullish pattern , I suggest going long on the index if it exceeds the 17200 level. It's important to note that this entry is only valid if the 30-minute candle closes above 17200, and we should wait for a retest before entering the market....

NiftyProTrader Updated 

Hello, I would like to propose a trade regarding the BankNifty index that I believe could be profitable. After analyzing a bullish pattern , I suggest going long on the index if it exceeds the 39750 level. It's important to note that this entry is only valid if the 30-minute candle closes above 39750, and we should wait for a retest before entering the market....

NiftyProTrader Updated 

Hello, I would like to propose a trade regarding the Nifty index that I believe could be profitable. After analyzing a bullish pattern, I suggest going long on the index if it exceeds the 17160 level. It's important to note that this entry is only valid if the 30-minute candle closes above 17160, and we should wait for a retest before entering the market....