Nifty is on correction mode it will reverce any time so kepp sl tight and go for a short covering
As we see in the chart market not crossed its recent swing high, so we can predict that it will go for another sweing low. Expecting a Gap Down Market on Monday..
Nifty is very bearish, so dont go for long or buy ce until 16200 not crossed, be patient end wait for the trendline break, go for short if 15738 is crossing, be confirmed its braking down then enter, upper trendline is streched because of the bearish momentum, nifty is trying to touch the terget of 15200, ofcourse its my pont of view.so again i said be double...
If I am not wrong nifty is going to make another lower low of 15200 in upcoming weeks, continiously braking its previous low and not making its higher high its a clear cut signal that nifty is very bearish, in upcoming weeks if nifty make new higher high and sustain above it then it will reverse, so we can not say nifty is changing its trend and bulish untill it...
Nifty is very volitile today also bearish, i have not found any trade set up for today, i am holding 17000 pe for past 3 days.. trade where ever you want you will be loose all your capital, where as trade with good setup you will be a gainer. you will definetly win big, loose small..
Nifty is Volitile today, trade as per comfort.. overall market is looking nagative today..
As we can see in this chart nifty is in recovering phase, 16200 is a Harmonic Level, call side price is very low momentum, other hand put side has fast momentum. Red levels are for the entry level, enter after a confirm breakout.
Nifty Will Recover Yesterdays Fall So TRade with the strict sl, with this setup..
Please Trade according With the strisct stop loss, Riskey traders can go for long profit.
As per my previous chart i have says that nifty will close near about 17400-17500 range, nifty was close its april session in 17378. its successfully broke its previous trendline whitch i have marked on black lines, overall chart says nifty is bulish, Resons behind its bulish....... 1) Trendline broken 2) Previously support taken from RSI 39.98 3) Again now its...
Nifty is going on its next high this week, as the chart says(ofcourse this is my point of view) nifty is taking support of level 17000 which is a great support of nifty, also taking support of RSI 40 which is a bulish indication,tried 1 time to break its trendline but it is come back for its support, next time if it break 16800 level then it is definetly goes for...
Please follow strictly to the level go long or short, book profit as the first terget comes, riskey traders can wait for the 2nd terget. Follow me if you need future trade setup like this.. Comment if you have book profit..
As i Have planned My Trade Setup today is gived A huge profit, if you want a good trade setup on morning please follow me.
Long Term Swing Call is Active When Buy Point Comes, Definetly Buy above the buing level its has showning trendline breaks, has support of 50 MA, Has Support on RSI. 3 reasons to go long.
Reliance has shows the good opportunity to buy if it comes its buying level, also the resk reward ratio is good from here, rsi indicator and 50 ma is bullish now witch indicated the buying signals is great.
On 30 min timeframe its continue falling down after supporting its trendline, so we can predict that in next session we are going to see new lower low, dont trade wherever you want, always trade with the good trade set up, trading is simple,dont make it complicated, on, i think next trading session will give us a better opportunity to trade on intraday...
Overall Market sentiment is negative because its not braking its trendline, go long if 37980/38000 crossed it will give massive move, if you want to short then if 37400/37880 broken then enter bt do not sit or hold it for long time take a small profit and exit. guyes please like this post it will inspire me for the future post.
This how Banknift Moves Today. Live Chart Analysis..