Trader_Scorpio

Trader_Scorpio

NSE:NIFTY weekly trend is positive. Stay long with trailing stoploss. Buy on dips will be a good strategy for this trend.

Trader_Scorpio

NSE:NIFTY is good to go long. Trend is positive for short term and long term. I've flagged the target in the beginning of this week. Let's see when we get it. Stay long, buy on dips.

Trader_Scorpio

NSE:NIFTY formed a bullish candle on daily chart. Long term trend is positive. 20150 is next Target. Stay Long, fresh entry should be made in case of gap up opening.

Trader_Scorpio

NSE:NIFTY is still Bullish. It is ranging in the channel, taking resistance to the centre of channel. If it is broke, the upside is good. Stay long with SL 19888.

Trader_Scorpio

NSE:NIFTY is all set to fly high. In case of gap up, Target: 20200 SL: 19888

Trader_Scorpio

Nifty has formed second green weekly candle. It has given a positive indication of pullback to the channel.key resistance is 19990.

Trader_Scorpio

Continue holding NSE:NIFTY longs with stop loss of 19700. Next resistance is 19990.

Trader_Scorpio

You must have taken long position in NSE:NIFTY today. Continue holding it, with a SL of today's close. If not, go long with SL 19600 if market opens gap up.

Trader_Scorpio

NSE:NIFTY closed above 19600. As per charts, it is the time to go long Cautiously. 19550 is the stoploss.

Trader_Scorpio

NSE:NIFTY has closed above the cloud. 19585 is another resistance level. One may go long now, with stop loss of 19550. Do not short now. Or one should wait for formation of confirm candle. Positive crossover of conversion and base lines will be an ideal condition to go long. I'll wait for the crossover.

Trader_Scorpio

NSE:NIFTY has reached to upper end of transition zone. If nifty crosses above 19550 and stays at the level, it will be a good idea to go long. 19550 should be a SL.

Trader_Scorpio

NSE:NIFTY has given closing below the important support level 19300. It further opens the downside upto 19080. The trend is bearish. In case of gap up 19580 is the level above which one should go long. In case of gap down, 19080 and 18800 are the key support.

Trader_Scorpio

NSE:BANKNIFTY has formed bearish engulfing candle on daily charts. Price is closed below the clouds. Fresh longs should not be initiated. One should look for short once it stays below the support level.

Trader_Scorpio

NSE:NIFTY is ranging in transition zone between the cloud. Fresh long should be initiated after daily closing above 19550. 19300-19250 is strong support.

Trader_Scorpio

Buy Signal generated on bank nifty chart setup. SL 44300 TGT 45000

Trader_Scorpio

But signal generated for backnifty. SL- 44300 TGT: 45000

Trader_Scorpio

NSE:NIFTY managed to close above 19400. 19450 is the level above which if nifty sustains, it would be a time to go long. 19300 is the important support.

Trader_Scorpio

NSE:NIFTY remained in the range of 19300-19440. 19300 is strong support, which if broken will open the path to 19800. 19450 is a resistance, above which if nifty sustains, it will be a buy signal.