as we can see with red trend lines it is respecting rising channel . But if this channel is broken we can short for precise target of 34774. Then one can long here for target of 36732 But there is also possibility that index will rise from lower line of channel . I have shown both possibilities of reversals with two arrows and reversal candle with long lower wick...
Short for target 16310 to 16276. Maintain stop of falling trendline , atleast one hour candle without much wick should NOT close above this trendline. If goes above trendline target for long will be 17050. good luck
long only if candle is able to close above lower red line. Target for long side is 16900 good luck
according to my previous idea all longs have been hit and now if you still are long maintain stop of both rising and horizontal red line and stay in long for target updated to 3642 good luck
short only below lower blue line now for target of 16286 then from here one can go long for target 16495 and then again we can go short trade at your won risk
we can see it has made shark pattern and is following it well. 2nd confirmation is bullish divergence as we can see with RSI. Target for long side is at D which is 661.95. Maintain stop loss of 637.40 on 1 hour timeframe candle close basis. good luck
long nifty now for target of 16776. Stop loss is only point c long bearish candle must not close below this point. Good risk to reward trade at your won risk
As we all know that nifty is at all time high. Do we have any pattern or indicator that can show us the path ahead? No, as all indicators will surely show us overbought situation. And there is no harmonic pattern as well as price action has been stretched too far. But, we have one thing left which is calculating harmonic levels manually. This is the monthly chart...
short tcs with stop loss of lower blue line target for short will be 3371 AND long if candle goes above blue line and target for long will be upper blue line good luck trade at your won risk
long for target of 16575 and first let atleast 5 minute candle close above red line trade at your own risk
nifty is at all time high and what we have to do technical analysis? we can this time calculate manually our harmonic areas, now our previous peak fell 3550 points and calculating 2 x this peak we get 7700 something and this level is already surpassed. Now the next level in our harmonic studies is 2.24 x previous fall so calculating manually we get 3550 x 2.24=...
long nifty above blue line target for long 16375 trade at your own risk
long for target of 1302 maintain stop loss of 1233 and candle must not close below this
long for target of 368 but minimum and safe target is 345 trade at your won risk
short for target 16154 stop loss will be point D candle must not close above it now trade at your won risk
if falls below my red line and pivot as well, trend may change as my previous idea target was 16192 be cautious
if you go through my previous idea target for long is 16042 approx now if good bullish candle closes above this level, deep crab will kick in and target for long will be extended till 16198 good luck
long when candle closes above blue trendline target 347 Lower candle now being stop loss