Nifty closed at S. 11624 which give it move. short trader should keep stop-loss 11679 above as trial. Intraday R. 11659 nearby (seller can come to this point intraday) with intraday support @ 11575 nearby Nifty ATR is at 111 which means if short term downtrend started, then 11635 -111 = 11524 below. Double Top is not clear still. RBI monetary policy on...
11660 below , Nifty require to update new projection. Projected prediction for intraday with R 11778 nearby and S 11712.
Fund-Managers started selling ... We found that it... Let see...
As we saw yesterday, there has been a lot of profit booking by Fund-Managers. Although daily candle appears technically DOGI, this is single of change trend. Nifty price is still above 50MA and 200MA as plotted in a chart also, which indicating positive bias in the short term. Cash Nifty: selling expected is 11729 to 11748 and below 11580 below is confirmation...
Expected Selling by Big Fund-Mangers. Just watch volume due to live market and start to move with the flow. I have predicted here expected sellers and profit booker for BANK nifty.
Last Analysis, ATR is still in its own range. Stoploss was triggered at 11585 and lost 35-45 points lost. Nifty can open gap up 45-60 points up. Profit booking expected 11667-11689 by Fund-Managers Short seller and short term down-trend direct will predict after 108 -ve points on the nifty only. Gap up opening and selling pressure can be expected in 30mints...
Today's 14-ATR is at 110. & Pre Closed 11445 11445 - 110p Suppose to break breakdown today this 11335 level, then ATR can raise. Conclusion: Don't believe Nifty has started down trend.
price is MA 200 above volume with rising Resistance is not far from the current price Everything seems to be evaluating and its seen here that is clearly a break-up. There is no worry after cross above 358. For considering another scenario, Price interval is possible. Safe buyers can put alert to buy 338-345 and, short term investors can enter 348 nearby...
This is the 3rd time. but don't overlook it. An exact time and exact action can give you a HUGE amount of profit. I have mentioned here 2 levels to buy this stock.
Resistance line of the previous trend can stop for a short time. First is at 12294 and second, is at 12240. This both levels are the targets for who has sold Nifty. Profit booking can possible for short seller.
According to volume, buyers are already entered and this stock is for long term bullish trend. Long term uptrend. heavy buyers interval time for swimming traders the first target is 157.4-160 and 167-158 trial stoploss 147 below. .
14 Days ATR is 108 points. After the 100 points +ve, we are seeing minor selling over the Nifty. If it lost all the gained points,... we ll think for downside only.
Intraday possible to move today 11408-11424 if support taken by 11329. support 11329 11408 is possible Most of traders are thinking till for long with stop loss o 11300 and for targets 11422 breaking below 11300, i expected to start selling heavy.
BYKE, looking to push through resistance right here. Find out why we could see new highs this afternoon if close or moved above 35. Looking at the trough it seems that there is no blockage of any kind to move the price up. Buyers are increasing from 33, if price move 35 above is no worry for Inevstors or Swimming traders too. Past Resistance has been broken...
A retracement and trendline has been show in the chart. Trendline appeared in the chart is a strong resistance that can be not overlooked. Another plotted thing is for future prediction for BANKNIFTY.
Nifty future 11336 previous closed,... Trade based on Calculation: Sell Nifty future 11336 + 55points(HOF) = 11386 Sell it nearby 11386 and stoploss 11399 (stoploss can be change if not vol.) targets 11276, and after breaking 11300 below with vol. targets 11224-11146
Due to illness, i was unable to come online because I was in hospital for the whole day. Today, Nifty made strong bullish candle but, its having final and strong trend line resistance. Trendline Resistance 12000-50 H & S pattern, Generally Head & Shoulder pattern has 2% penetration normally. LEFT Shoulder is at 11176 and, HEAD at 11760 Calculated 223...
BankNifty is now facing tremendous Resistance start at 28200 to 28350. Expected opening between 28055 to 28100. If its open more than 120 points, we will see selling pressure in opening. Dont get confused, Selling is good if higher GAP up.