It looks like Nifty bears are taking down one support level every week. Predicting nifty would find final support around 6.6K area. * It is just an idea based on Fibonacci
All levels are marked on the chart. All Charts are for educational purposes. Non-advisory, discretionary.
Nifty Analysis at t.me/speakwithcharts
Nifty is bullish in my view buy with sl 11950 for tgt 12300 12500 12600
I am going to explain the basics on what to look for to learn how to trade Nifty 50 Indian Index and locate turning points in the stock market.There are many technical analysis trading strategies you could use to learn how to trade Nifty 50 futures and stocks within the Nifty 50 Indian index. In this video we are going to explain what you should be looking for on...
I have created the strategy and traders can use it for their benefit. Have explained how to use it. Traders adjust settings for your instruments. Trend is our friend this is the policy we are trying to achieve with this. This is my first video idea, i will try to do it more and more if time allows me to do so. Please Give your feedback on the strategy and video.
Today EOD BANKNIFTY option pain is at 23300 and i have observed that expiry takes place around or above option pain. Keeping that in mind price may test 38% and 50% of Fibonacci. Wherever structure is matching with Fibonacci possibility of resistance increases. Areas where we can expect the expiry to happen are marked on chart with yellow marks. 1. All...
Hi Friends, I have left the above Nifty chart without proper description on purpose. Just take a look at the chart, if you can understand why those lines are drawn, its fine. If you don't then also its perfectly fine. But whats not fine was,taking trade decisions without knowing what those lines where.Do you think complex systems are better than simple trading...
Every line on the chart represents support or resistance. Vertical lines are time lines where trend may change. One can use this chart as trading map for next few months. This Gann square chart can be used in standalone way or with other trading strategies like. Candle stick patterns, demand supply zones, Momentum indicators, Fibonacci ratios, trend channels...