ssvirdi

ssvirdi Updated 

The price is following a negative trajectory and the structure looks weak. The breakdown of 164.25 could open the levels of 154.75 which is about 6% from the breakdown level. Wait for the trend to begin. Disclaimer :This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Today the price has opened with a gap down. Most importantly the degree and nature of separation in both bands indicates the price is entering in the compression zone. The price could experience high volatility. The tentative range for tomorrow is 22577 to 23000. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Today we have an inverted Hammer candle. The price is trading in the compression zone. The probability on the down side is more than 50%. CMP-128.05 The price could test the levels of 123.50 And if reversed then the level of 131.55 is important. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

CMP : 263.35 Today we have a bullish piercing candle, which has given the breakout of both bands. It indicates the start of an uptrend. Probability on the up side is more than 50% Resistance : 268 Support-1 : 254 Support-2 : 249 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Today we have a red candle with Low High and Low Low. The price could retest the level of 22800 which is an important retracement level. Also the bands are in an expansion zone. The probability on down side is more than 50%. Intraday trade range S1-22,800 | R1-23,100 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Trend - Positive Strength - Medium Probability > 50% Today we have a red candle with High High and High Low. The price could test the level of 137. CMP : 128.20 Resistance : 137 Support-1 : 123.50 Support-2 : 119 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

A strong red candle with High High and Low Low structure. The price could retest the level of 22800 which is an important retracement level. Also the bands are in an expansion zone. The probability on both sides is 50%. Intraday trade range S1-22,800 | R1-23,100 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Trend - Positive Today's bullish candle has broken the structure which indicates the start of an uptrend. The price could test the level of 137. Probability of the next green candle is more than 50% CMP : 129.55 Resistance : 137 Support-1 : 123.50 Support-2 : 119 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Trend - Neutral Probability on Downside > 60% Zone - Compression CMP - 126.45 Breakdown Level - 124.60 S1 - 123.50 | S2 - 122.40 Resistance - 128 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Nifty is likely to remain sideways or rangebound in the near-term with heavy call and put writing around the 23,000 mark CMP - 22,957.10 Key Support : 22,750 - 22560 Resistance : 23,050 - 23,150 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi

The price is following the uptrend with High High and High Low. A swing trade can be planned here. All details are marked on the chart. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi

Trend Positive Strength Strong The price is likely to head higher. The expansion in bands is started. The price could test the higher levels of 490. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Trend Negative, Strength Medium The degree and nature of separation in both bands indicates a negative trend. The price is trading on the lower side of STMA Band. The probability of a next negative candle is more than 70%. Important levels are marked on the chart. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi Updated 

Today we have a indecisive candle (doji). A Doji above the upper edge of a triangular pattern indicates the weakness in the uptrend. The price could test the support level of 415. If tomorrow we get a red candle then a shooting star pattern will be formed. So, I am waiting for a trend to start. Disclaimer: This is my pre market analysis and my trading journal....

ssvirdi

A strong bearish piercing candle formed in the compression zone. The candle gives a strong breakdown of the bands. Trend is negative with medium strength. The probability of down move of 7% is more than 60% Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi

An Inverted Hammer candle formed on the top of the trend. I use the Fibonacci tool for levels. Zone : Expansion Trend : Negative Probability > 65% (On Scale) CMP : 460.80 R1 : 507.10 S1 : 436.60 S3 : 393.00 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi

Weekly TF : Technical Levels Trend : Positive Strength : Strong CMP : 1885.90 R1 : 2194.00 S1 : 1770.00 S2 : 1662.05 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

ssvirdi

It's the 4th time in 2 weeks the price is rejected by the level 128. Now the 128 level will act as a strong resistance. Currently the price is in a negative trajectory. For Intraday I go for a short trade if the price opened below the level of 128 and the trade range is 128 - 125 - 123.50 Disclaimer: This is my pre market analysis and my trading journal. Not a...