Bearish Harmonics Shark for #nifty chart on a daily time frame ...
Where 1.27 suggests an exact stop at 15640
Cmp is exact 1.13 which is 15435 a risky trade though...
Let's see what has been hidden for us for next week expiry 🤞✌️👍
Note: Also, I've found a rising wedge, which suggests a min. retracement of 15k and max to support 1 viz., 14200 range (very...
Nifty view for 25th Mar 2021
Resistance @ 14690 / 14830 / 15047
Support @ 14472 / 14395 / 14178
Mostly favorable on breaking today's lower lvls..
Buy 15050/14900 PE with stop 41-75 Pts and leave it for the day... (or) Sell 14400/14500/14100 CE near resistance zones
Bank Nifty view for 25th Mar 2021
Resistance @ 33775 / 34256 / 35024
Support @ 33008 / 32722 / 31955
Mostly favourable on breaking today's lower lvls..
Buy 33800/34300 PE with stop 60-100 Pts and leave it for the day... (or) Sell 33000/32000/31500 CE near resistance zones
BANK NIFTY - RISKY BULL VIEW - TRIPPLE HARMONICS
3 DRIVES PATTERN
WITH ABOVE 3 HARMONICS, IT IS EVIDENT ON DAILY CHARTS THAT BANK NIFTY LOOKS TO BOUNCE BACK TO MIN OF 35000 MED OF 36000 AND MAX 38000
VIEW NEGATE IF 32500 BREAKS
NIFTY FORMING SUPER BULLISH BUTTERFLY PATTERN
BUY @ 14900
STOP @ 14500
TGT @ 15225/15445/15670/16000+
BUY MAR MONTH NIFTY 14900 CE @ 350-370 RANGE
HEDGE WITH MAR MONTH NIFTY 14900 PE @ 250-270 RANGE AS A PART OF HEDGING
BANK NIFTY LOOKS GOOD FOR ME TO DO NEW HIGH
FROM 34800 TO 39-42K GOING FORWARD...
VIEW NEGATE IF 31K BREAKS ..
(PERSONALLY I SEE A FALL ONLY IF
FRIDAY LOW IS BROKEN ON DAILY BASIS
ELSE STRUCTURE REMAINS SUPER BULLISH)
BUY 39000 CE MAR SERIES @ 190
BUY 31000 PE MAR SERIES @ 250