The_Trader14

The_Trader14

Nifty has stopped its upside and took a break at 15200 our fib level as marked. Since last four days it is trying to cross the level but unable to do so. Hence I expect Nifty to give correction as it is trending near the channel upperline too. After a healthy correction Nifty will most probably rally upside again. Stay awake and Stay cautious. Note: Views...

The_Trader14

Nifty made a strong bearish candle in weekly chart. It clearly signals that more downfall is yet to come. Targets as per the fib retracement. Nifty is more likely to test 13100 in coming days. After taking a full day support at 61.8 Nifty breached it on Friday. Clearly showing signs of more downfall. Enjoy the downtrend currently. A big lesson to the people...

The_Trader14 Updated 

Nifty has seen continuous profit booking from all time high of 14753. It has breached our marked lower level in my previous post and hence it fell more deeper as expected. Currently it is resting on the middle line of the channel in which Nifty has been trending since last March 2020, which will be another testing line of support of Nifty before more fall. If...

The_Trader14

Neckline is breached. Retesting is in process. Wait for signal for downward confirmation and then place your bets wisely. Stay awake and Stay cautious. Note: Views only for educational purpose. Consult your financial advisor for any trade.

The_Trader14

Nifty has seen a profit booking from all time high of 14753. In my previous post I did caution you all about pullbacks in our upward journey and this is mostly the same kind of pullback after breaking previous high of 14653. The downward journey is currently taking support on the marked support zone in the chart. The marked key levels will play a very...

The_Trader14

Nifty gave a small correction as expected and now back rallying up. In my last post in the comment section I did mention to one of the user that this is a correction fall and expected Nifty to make a new high. And as predicted Nifty reversed from our target 1 and rallied upside to make a new high. Nifty closed after making new high today and made a strong...

The_Trader14

"Fall in love with the process and the results will come." Nifty was at crucial level on Friday. I marked the major support level and informed all about my targets as marked on chart. Today Nifty opened about our support level but could not sustain and fell below it. Then it retested our support turned resistance now and fell down deeper to reach our target...

The_Trader14

"Everyone is King until the real king(Market) arrives" In my previous post I did caution everyone about the unjustified rise(my view) in Nifty and few people where still buying in my group at that high level. And today Nifty fell 300 points. Since last few days Nifty starts at day high and falls down then a pullback comes which brings it back to moderate...

The_Trader14

After our last post on Nifty It did give breakout of 14000 mark and gave 300 points. Nifty in my opinion is stretched too far. Last two day Market closed below our upper line though it gapped up above it. If today also it closes below our upper line then it shows weakness. Personally I stopped buying and only waiting for a fall or good correction. Even if...

The_Trader14

HDFC made a 1464 of 52 week high on 25 Nov. Since then it is stuck in consolidation stage. The box in the chart denotes how it is consolidating in a range of 100-120 points. Any breakout of upside or downside will give us another 100 points rally in it. If it breaksout downside the target is marked in the chart. If it breaksout upside then 1564 will be...

The_Trader14 Updated 

Nifty had a continuous 5 day bull run and it has reached the 14000 mark. Nifty has been working in the channel as shown in the chart. And whenever it reached the upper line of the channel it gave correction. Nifty is currently at the upper line and hence looking at previous Nifty run's we can expect a correction very soon. As traders say "Corrections are...

The_Trader14

Hi Team, Nifty took support on our mentioned support line as per our last post. After which a good bull run was seen. But Bull has come to the same place from where it fell earlier which mean Bears are present their strongly. Hence the resistance zone will act as a crucial point. If crossed 14000 will be seen very soon or-else 13000 will be the next...

The_Trader14 Updated 

Nifty was bound to give correction since many days. But people were very much bullish and that's what brought GREED in the market. And when GREED happens in the market then it goes for big correction. Nothing surprising. Warner buffet says "When GREED happens you FEAR". After my last update Nifty broke the consolidation box upwards and gave a 200 points rally...

The_Trader14 Updated 

Nifty has travelled long way and now made a double top. Monday session will confirm whether Nifty breaks upward or downwards. If Nifty closes below 13400 in 1 hr timeframe than more downward is possible. Similarly if Nifty closes above the consolidation box in 1 hr timeframe then more upward is possible. Stay safe & Happy Trade. Note: Views only for...

The_Trader14

Nifty has broken the critical level of 13400 with gap-up. It re-tested the key area found the support. Then moved up from support. If you go in below timeframes like 5 mins you will see clear candles to support it. I could not publish in 5 mins hence chosen 15 mins. Trade started immediately near the arrow and followed till the exit point. Everyday we may not...

The_Trader14 Updated 

In my 3rd Dec post I have shown a triangle in which Nifty is working quietly. Still Nifty is working within the triangle though it has given 3 false breakdowns as shown in the chart. Today it gave a breakout above the blue line. Tomorrow session will confirm whether it is false or true breakout. Nifty closing above blue line is a good sign but it is always...

The_Trader14

Our last H & S shoulder pattern became invalid today after Nifty touched 13200 which is a new high. That is what Market is. Stay on your toes and change the views as per Market but not against it. If you are not flexible enough to change the perception and stay rigid then you will only encounter loss and nothing much. When checked on daily timeframe Market is...

The_Trader14 Updated 

DLF had a good journey in uptrend. Strong reversals at 200 and it started making corrections. Predictions marked in the chart. Play Safe & Happy Trade. Note: Views only for educational purpose. Consult your financial advisor for any trade.