• According to Price action - region from 39881 to 39988 is consolidation zone. • above 39988 we can see 40136 , 40181. • below 39881 we can see 39668 .
• Support & Resistance zones for 8th Sep . • Options data indicated a broader range of 17,200-18,000 for the Nifty in the coming sessions. • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to make moves. • • •
• Breakout After 17 Days of Consolidation. Also retest to the consolidation area is done . • upside resistances can become next targets . R1 = 1893 R2 = 1911 R3 = 1951 R4 = 1963 • Harmonic Pattern XABCD shows PRZ area at 1963. • Harmonic Pattern ABCD shows PRZ area at 1974.
TATACOMM - can we continue V shape with historical support ? • Main observation is Trendline Support which is most respected . • Also Moving averages can become support . • Next Resistances can become targets . R1 = 1154 R2 = 1199 R3 = 1234 R4 = 1282 • Previous historical support at 1048 to 1036 can be a safe Stop Loss • what...
• Nifty Can show levels marked on chart after consolidation ... as per Harmonic Patterns... • Consolidation zone - From 17549 to 17467 • On Upside :- After Break 17549 if sustain above well we can easily see 17623. Also After break 17643 if sustain above well we can easily see 17756. • On Downside :- After Break 17476 if sustain below well we can easily see...
Nifty Analysis according to Price action shown in Previous sessions. Yellow boxes shows where Price can stuck / can take hurdle. Remaining space can be straight road for Price to make moves. Trading Range from 17500 to 18000 taken from Open Interest analysis.
Nifty Analysis according to Price action shown in Previous sessions. Yellow boxes shows where Price can stuck / can take hurdle. Remaining space can be straight road for Price to make moves. Trading Range from 17450 to 18000 taken from Open Interest analysis.
Nifty Analysis according to Price action shown in Previous sessions. Yellow boxes shows where Price can take hurdle. Remaining space can be straight road for Price to make moves. Trading Range from 17200 to 17800 taken from Open Interest analysis.
• After 6 month came above 4 important moving averages ... • took support well • retested well . • RSI also bullish . • with the support of 200 DEMA as our Risk-Reward ratio is favourable ... best stock,,,,,,,,,,,,.. What you think...?
• If sustain nicely above immediate resistance zone from 760.20 to 832.95 . Then straight road will be open for next targets. • & Also possibility of rally upward. (Rest of things shown in chart.) What you think ?
Hello Everyone ... I m going to share one of my observation , may it will help all of you for understanding one of the way in which price flows ........... Stomach Pattern Definition and Action. 1) Above Stomach Pattern •What is Above Stomach Pattern ? The above stomach pattern is a two candlestick pattern which evolves over a period of two sessions. It...
• Already bullish in large time frame . But after that some consolidation & creating base . • & RSI seems Bullish .... • After Breakdown 200 EMA , Keeping head above it by following trendline • MACD Came up side of Histogram What you think ? Let continue the trend. So we can follow some targets derived by Harmonic Price Action , shown on chart.
After consolidation .... rejecting the downside & Can go to the next resistance.
By analysing previous week , we can see NIFTY managed to keep above 16000. Also 16000 is psycological level . if NIFTY going to sustain above it , We can see resistance at 16180 ,16495. & on downside there will be supports 15900 , 15710. Also , Gartley and & Bat Pattern shows some PRZ zones.
Nifty 50 intraday 12-07-2022 Above 16159 can see 16200 , 16300 , 16380. If difficult to sustain above 16200 then below 16100 on downside major support is 16017 , 15980 , 15900
nifty made the bottom view is bullish can see 16272 , 16300 , 16335.
Analysis With respect to trendline . Breakout levels of Nifty . .....................................