BhavirThakkar
Short

NIFTY - Butterfly in the making?

NSE_EOD:NIFTY   NIFTY 50
Price structure is clearly week and making new lows.
This pattern should NOT be viewed as a down side target for Nifty             .. but if price reaches point D, then it would be good risk reward setup for Longs.

Price point D is also particularly attractive as it marks post election result June 2014 high and a cluster of prior resistances in that zone.

For short term view see comments section below.
BhavirThakkar
2 years ago
Another butterfly in the making in the short term time frame.
snapshot


Watch price action closely at these levels for tactical entries/exits.

There is always a large number of traders who enter/exit based on swing points. High chances of traders being trapped at these points causing price reversal and opposing order flow.
Reply
AMBRISH
2 years ago
THANKS FOR POSTING NIFTY CHART.
Reply
Omidtrades
2 years ago
Thanks for Nifty Chart, Can you please share your view on Bank Nifty as well, thx in advance
Reply
rahulanand
2 years ago
have u bought the tool for short time frame and is it working for intraday??????????
Reply
BhavirThakkar rahulanand
2 years ago
no, I haven't subscribed to tradingview intraday
Reply
Field_Marshal__ rahulanand
2 years ago
no need to buy , just go here : http://www.marketcalls.in/eodchart & explore various links, everything there
Reply
ChandanPoddar
a year ago
i shorting at the level 8370
Reply
ChandanPoddar
a year ago
no do what .... go short or profit book
Reply
ChandanPoddar ChandanPoddar
a year ago
now do what ?????

Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out