look for these three levels where we could find a reversal for ATH again or for 15000. Look for a confirmation around those points. Level 1 could be a major point where we can find a reversal. Trade with confirmation. Price most probably will not go below 14222. Regards
Levels on the chart Regards
See above. Regards
Seems weak, levels on the chart. Regards
We were bullish on it because of EW analysis and till it stays above 1835.10 the counts are still valid. Now looking at simple analysis, it made double bottom and height of the double bottom is our target. Entry and exit you have to scale in and see. Trade according to your setup. And the bullish levels which were mentioned in previous ideas of reliance are still...
This is pure educational post, and this post is not for analysing further movement. Many viewers think why I am analysing Nifty on 15 min candlestick, well actually I analyze in multiple TF. If you're a nifty trader, then you need to realize the importance of even 5 min candlestick. One strong 5 min candlestick can be of 50/60 points of nifty. Imagine this one...
In my previous idea already suggested 14265 is next support and now Sustaining above 14300 can push around 14450 levels. If you're short, then be cautious. Regards
See the chart. Regards
Divergence can lead to further continuation for upside trend. Regards
Seems like correction has ended and new impulsive wave have started as nifty bounced from very important level. If nifty doesn't fall yesterday's low, then the possibility to make a new high or touch close to ATH is greater. For EW counts on the bigger picture, see my previous idea on nifty. Link below. Regards
Levels on the chart. Regards
Formed double bottom, this time probability to make ATH is higher, if sustains above 14510 for few mins. CMP 14501 Regards
Levels on the chart Regards.
Nifty might probably make new ATH once again from here.
As suggested in my previous idea, once nifty sustains above 14055 then 14579 is achievable. Today it touched this level. Now sustaining above 14579 will push towards 15140. Some corrections are fine. See my previous idea for detailed EW. Link below. Regards
Look to enter at dips with confirmation. Regards
Might touch below support mentioned above, if sustains below 14147 correction can be good this time as suggested in my last USINR idea. See usdinr idea. Regards
Given a breakout. Watch for nifty as well, might show good correction. Regards