NrupenM

NrupenM Updated 

MACD has generated crossover to denote beginning of next price cycle. In case Nifty generates a Bullish Belthold at this level new long position will open. Two things to keep in mind 1. Bullish position will not open without bullish belthold so not advised to go long before you see an actual belthold. 2. The price cycle in formation is 3rd price cycle, price...

NrupenM

Today Nifty opened above 100 points, started falling down and then recovered. The 2 big red candles denote weakening of upside and the red line above shows point of significance. In case you are in long position its time to keep trailing SL on your profit. I think there are roughly 66% chances that Nifty will go sideways or fall from Point of Significance. By...

NrupenM

Looks like fresh upside has began and prices will continue in direction of Fibonacci extention

NrupenM

Right now Nifty does not posses any positive or negative strength. I can be clearly seen nifty failed to create new bullish price cycle after bullish divergence of last day. Wait for prices to either confirm downside by breaking support with shift in volatility or bounce.

NrupenM

CHAMBLFERT is expected to generate upside, risk is low

NrupenM

National fertilizer gave a good break with price volatility chang

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Looks like ISMTLTD gonna turn around

NrupenM

CEREBRAINT looks like gonna move up but it is kind of little risk entry

NrupenM

BEML looks like have good upside left as an investment. Entry can be taken risk is less

NrupenM

ASAL has undergone break in resistance, potential upside looks good, risk is less.

NrupenM

It looks like Second Price cycle for Nifty has began and most likely we might see Nifty hitting 8761 in February. For now it seems like we may see some sideways move till end of month. For now it is good to wait for Nifty to complete sideways movement if it begins tomorrow.

NrupenM

1. Height of triangle was projected in downside. Then Nifty undergoing retrace. 2. After fall of 1 Fibonacci Retrace was 0.6 Conclusion : In case prices continue to fall from these levels it can fall upto 1.6 or 2 level on Fibonacci extension. Expected minimum TGT 8272

NrupenM

In case you prefer positional trading Nifty has undergone shift in volatility with divergence and break of resistance. The momentum has changed to downwards.

NrupenM Updated 

Nifty confirmed triangle break with first 15 minute of opening. I think short can be initiated for minimum downside of 8385. Prices are currently retracing to broken line take entry at the end of retrace.

NrupenM

If Triangle Breaks in downward direction then we can expect good downside

NrupenM

If price breaks 8402 with shift in resistance expect nasty fall, minimum TGT 8367, level of retrace 8346, for more info check chart

NrupenM

Just Like Fibonacci Arcs, Fibonacci Arcs are generated similar buy entries. You can take a look side by side to compare buy signals. They are exactly similar.

NrupenM

Nifty on 2 hour chart is perfect example of most accurate buy and sell signals on Fibonacci Arcs. Simply Amazing Example to keep and Share