The_Trader14

The_Trader14 Updated 

Flag pattern seen in BNF which is a trend continuation pattern. Support zone from 34650-34460. Do not go short till the support is broken. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

The_Trader14

As shown in the chart, BNF found its support again and ready for the run. Levels marked as per the Fibonacci. Use the trend line for SL. Stay safe and Trade safe. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

The_Trader14

Nifty is rallying after the breakout of the trendline. In my last post on May 21 I did mention that 16000 are on charts and it is proving to be right. But the concern here lies with the volume. The rally is happening but it is not volume supported. We are 300 points away from our target. Hence stay on alert and keep grabbing the points till the trend...

The_Trader14

Support and resistance marked on the chart. Target is also given with SL. Play at your comfort. Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.

The_Trader14

In my previous post, as mentioned Nifty did rally up after breaking about of triangle formation till it reached the resistance. Currently, the resistance is holding intact as Nifty made a small Doji candle at the level. Expecting Nifty to be third time lucky and breakthrough resistance as per the trend currently. Any resistance is seen go for short as per your...

The_Trader14

Nifty did breakout of the triangle and retested it successfully. As suggested in my previous idea. Nifty was buy once it went above the trend line. Today it closed with good bullish candle indicating that it is ready for the bull run. Today’s candle formation depicts the strong bullish sentiment. Hence in coming days Nifty will hit the 16000 mark. But their...

The_Trader14

Though Nifty is looking bearish on the Daily timeframe but on the weekly timeframe, it is still bullish. Hence the chart explains my view of Nifty for the coming week. Do not try to catch every move in the Market. Few moves are not meant to be caught. Work as per your plan. Anything against, leave it. Remember Rome was not built in a day. Stay safe & Trade safe

The_Trader14

Nifty is outside the parallel channel. It did retest the channel twice but got rejection heavily. It also did breakout the line of support but not convincingly. Hence Monday will confirm whether it will respect the support or further breach is done. If the breach is done it will have another support as marked in chart. If Nifty successfully breaches that too...

The_Trader14

In my previous video I did mention about few critical level and I gave my view too, what I think Nifty will do. Nifty did work upto our expectations. I informed you all that Nifty will be bullish as it is near the lower line of big channel and it will pullback upside. And Nifty did the same the entire week. It restested the key level marked in the chart and...

13:06

The_Trader14 Updated 

Nifty has rewarded our hardwork by moving exactly as we spoke last week. I have gave detailed analysis of Nifty for coming week. Hope you get benefitted by the info which I am sharing before hand. I am showing you both the side views bull and bear. Also telling you what exactly My view on Nifty is in this video. Trade safe & Stay safe. Note: Views only for...

The_Trader14

In my previous video I did mention exactly what Nifty did today. Glad we were able to predict it. Hoping you got benefitted. Attached link below so that you can check yourself and let me know if any discrepancy.

05:52

The_Trader14

Team, Kindly go through the video for my analysis. If any questions do post below.

The_Trader14 Updated 

Nifty is stuck between a strong resistance and support from March beginining. Neither it is breaking the support or resistance and hence their is no clear direction of Nifty at present. Whichever side Nifty breaks it will give us minimum of 500 points of rally. Global cues are supporting Nifty due to which it is opening higher but sustainance is an issue with...

The_Trader14

As informed in my last week post that Nifty broke very crucial support of 14640 and it gonna restest in this week. As told Nifty did retest it in the first day of this week and did not face any rejection due to which it cruised above 15200. Due to profit booking & nervousness among investors it fell very low below 15000 and could not close the week above the...

The_Trader14

Opinions are welcomed. Th reason for not posting any view is to know what my team thinks about the chart. Weekly View will be posted tomm.

The_Trader14 Updated 

Nifty had a roller coaster ride this week which comes to a dramatic ending with loss of nearly 600 points. A strong support of 14640 was tested and it pulled back for 500 points back to 15100. After which it broke the 14640 support today as all expected due to weak global cues. After a strong support is broken market does retest the same level as resistance....

The_Trader14 Updated 

Nifty corrected nearly 400 points from top. In my previous post I did warn you not to be super bullish as it is trending near channel upper line and correction can be expected any time soon. As told earlier Nifty below 15219 is ready for correction. Yesterday Nifty closed below 15219 and today it corrected another 90 points and more. Levels marked as per the...

The_Trader14

As shown in the chart Nifty today restested the strength of support 15219 after yesterday's breakout of this level. Support looks healthy and Nifty was able to close above it. Hence our upper targets will stay active till Nifty is above the 15219. But do not be supper bullish as Nifty trending above channel upper line. Place bets wisely. Any closure below it...