LOOKS LIKE NIFTY MIGHT CRACK DOWN TO FILL THE GAP LEFT AT 11330 LVL. ALSO FIBO.R LVL 0.382 MIGHT TAKE SUPPORT AT IT.
WELL FLAG AND POLE SEEMS TO FORMED CONSIDERING LAST WEEK PRICE ACTION. LATE THIS WEEK SEEMS TO BE H&S PATTERN AND WITH PARALLEL CHANNEL IN PROCESS FORMED. BREAKOUT OF LINE 1 WILL COME AT 2 AND THEN 4 BREAKOUT OF LINE 2 SEEMS TO BE 0.236 BREAKOUT OF FIB LVL WHICH MIGHT BRING TO LINE 4 0.328 FIB WHICH WILL FILL THE GAP AS WELL BUT IF THE BREAKOUT OF UPPER...
AFTER 5 JULY MARKET GAPPED DOWNED WELL THAT MIGHT ACT AS RESISTANCE FOR A WHILE OR MAYBE WE WILL SEE PROFIT BOOKING? LOOKING AT FIBONACCI LVLS 70% MATCHES THE GAP AS WELL. IF TODAY'S LOW IS BROKEN THEN GAP LEFT WE WILL BE FILLED (9.20.19) LET SEE WHAT HAPPENS TOMORROW. HAPPY TRADING.
well looks like nifty is following the resistance and support. looking at the pattern at recent support we might see positive opening. also gap is filled at 10850 lvl. THE BIG QUESTION IS WILL NIFTY FOLLOW THE CHANNEL OR NOT ?
WILL THE GAP BE FILLED I AM ACTUALLY WAITING FOR FRIDAY 13.3.19 MEETING. WHAT IS GOING TO BE OUTCOME. FOR A WHILE NIFTY LOOKS RANGE BOUND IN HOURLY AND DAILY TIME FRAME. ALSO NIFTY WILL SET NEW DIRECTION IF 200 EMA RESISTANCE IS BROKEN AND TAKEN SUPPORT ON IT (TIME FRAME HOURLY)
Breakout of this parallel channel will initiate sell in nifty. check in 5 mins for more detail.
200 EMA HOURLY RESISTANCE. IF NIFTY ENTERS THE GAP IT WILL FILL THE GAP WITH RESISTANCE AT 11020. IT WILL A SIMPLE TRADE. VIEW ON NIFTY MIGHT BE LONG IF HEALTHY BREAKOUT GIVEN OF 200 EMA.
LOOKS LIKE BANK NIFTY MIGHT TAKE SUPPORT AT IT'S PREVIOUS LEVELS ???
IT IS GOING TO BE CRUCIAL MOMENT IF NIFTY BREAKS 10500 LVLS 10006 HAS ACTED SUPPORT TWICE WILL ACT SUPPORT AGAIN ??
LOOKS LIKE 10850 LVLS IS CRUCIAL LINE FOR NIFTY. WELL BREAKOUT OF RESISTANCE LINE MIGHT TAKE NIFTY TO 11450 LVLS WHEREAS BREAKOUT OF 0.5 FIBO LVLS MIGHT TAKE NIFTY TO IT'S PREVIOUS SUPPORT OF 10600 LVLS. SO WHATS ITS GONNA BE FOR NIFTY? HAPPY TRADING.
DUE TO FM NEWS MARKET HAS PULLBACK BUT WILL IT SUSTAIN OR CONTINUE ITS SHORT TERM RALLY
HERE ARE GAPS LEFT MADE BY NIFTY WHICH NEEDS TO BE FILLED. WHEN THEY WILL BE FILLED? I AM STILL NEGATIVE ON NIFTY UNLESS NIFTY TOUCHES 11000 LEVELS ALSO WE MIGHT BE LOOKING AT BOUNCE BACK AS WELL. BREAK OUT OF PARALLEL CHANNEL AND SUSTAINING IT WILL LEAD TO BOUNCES BACK. MAKE YOUR TRADE ACCORDINGLY.
NIFTY has closing in gap which was made during pre budget rally. We have the opportunity to trade the GAP setting 11400 has first tgt and support of 200 EMA has 2 tgt. Make your positions according to your target. Happy trading
BEAUTIFUL MOVEMENT GIVEN RIGHT AT TIME OF EXPIRY. WRITING CE OPTION 960,940,980 LVL
Looking at current situation we have flag and pole breakout. My target is 10% which is 280 lvls in coming 2-3 weeks.
Use this strategy strictly in weekly time frame and take your position only when you get confirmation of sell signal. You can short 1500-1540 strike price calls also time is on our side as well. Thank you MALKAN SIR for this strategy
Hello Berger has been top performer over a period of time. As of now we are looking at berger paints to five some correction @ 310-315 levels.
Hello Looking at balkrishna we still have to wait for the confirmation. As confirmed buying level will be at 810 with target of 900 lvl.