Hey guys and gals,
Our debut message below (published on Thursday, 07/30) explains the notation and how to interpret the trading plans we publish, and who we are in this space. This is the Trading Day-5 of our limited test-launch for the Indian stock market NIFTY 50 Index. Appreciate your feedback and comments.
NOTE: Pay attention to the Take Profit and Stop...
this chart is only for day traders. for getting great RISK/REWARD - trade near to support zone. if price able to break 1st support then later on 1st support will react as resistance. if you see demand at support, go long. if you see selling at support go short. just try to follow the trend.
#NIfty50 - Look at the candles marked by red arrows
Every time Nifty opens higher than the previous day's close and close above the previous day's high, The chances are higher that bottom is made and the price will again open gap up the next day.
Considering the previous price action, there is a possibility that nifty may open gap tomorrow
Currently nifty closed...
Correct of ELITE wave is completed at 10874 and then for the next leg, we may see its retracement till 11400 so go long for the AUG series for the TGT of 11400.
It is also supported by TK cross over at 10990 and MACD line cross over so we expect to break the Ichimoku cloud on the upside and continue the momentum.
SL for short term 10990 and long term 10870.
Our debut message below (published on Thursday, 07/30) explains the notation and how to interpret the trading plans we publish, and who we are in this space. This is the Trading Day-4 of our limited test-launch for the Indian stock market NIFTY 50 Index. Appreciate your feedback and comments.
Good luck with your trading today and have a great week...
its perfect value zone come from 24 march bottom
nifty currently trading at bottom of value buy future contract and keep it for one week
you will get minimum 450 points.
just keep eye on chart ,i will update market sentiment
SO BE READY TO SAW NEW CHANGES IN MARKET.
THANK YOU FOR YOUR SUPPORT FOR MORE UPDATE FOLLOW AND Like IF you are new to market and wish to...
Nifty outlook seems bearish i
And immediate resistance is at 10800. Once it is broken then it will be bearish or consolidation for few days. If there is no moratorium waiver in RBI policy meet then Banks will lift the nifty to 11500 or even 12000. Reliance is not supporting Nifty which is the major reason behind the fall if you notice since 29th July. Atleast...
Hello Everyone ! Reliance is forming falling wedge pattern in 15 min chart | rsi showing bullish divergence | wait for chart to break the trendline | Target -2200 | Stoploss - 2020
Plz like idea and shares your views