Weekly Review When you see markets in uptrend you often wait for a colling off in a rally and I believe most of the people whom I talked in last two weeks are totally of the same opinion as well having a bearish view now but let me hold your horses here if you’re thinking the same way too. Nifty is not in an exuberant rally or a steep rally which often occurs as...
Nifty is near the major resistance zone of 20200 and 20230. It returned from the resistance on Friday. Little bit of correction and consolidation is due. Selective Small and Mid cap stocks along with few Large caps can continue to be bullish. If the strong resistance between 20200 and 20230 is broken and we get a closing above 20230 the next targets will be 20354...
NIFTY ANALYSIS FOR 18th September 2023-FOR EDUCATION PURPOSE This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered...
BUY ABOVE - 20110 SL - 20050 TARGETS - 20170,20280,20380 SELL BELOW - 20040 SL - 20110 TARGETS - 19950,19870,19800 NO TRADE ZONE - 20040 to 20110 Previous Day High - 20170 Previous Day Low - 20040 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing...
With RSI at 74.3 there is a Doji formed after yet again Nifty making new record high of 20167. Nifty closed at 20103 indicating too much heat / resistance in the range of 20167 and 20200. If we close above 20200 the next target will be 20291. Supports for Nifty at the lower side will be near 20043 and 19911. Closing below 19911 can drag the Nifty to 19720 levels....
NIFTY ANALYSIS FOR 15th September 2023-FOR EDUCATION PURPOSE This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered...
BUY ABOVE - 20110 SL - 20050 TARGETS - 20200,20280,20380 SELL BELOW - 20020 SL - 20060 TARGETS - 19950,19870,19800 Previous Day High - 20098 Previous Day Low - 19950 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade...
14 SEP ANALYSIS: Daily analysis: PS-Position size Nifty opens: side: if it gives breakout buy(50) gapup: see further price-action gapdown: no trade big gapdown: sell on breakdown Banknifty side: if it gives breakout buy(50) gapup: see further price-action gapdown: no trade big gapdown: sell on breakdown
There was a mayhem in the market as Small and Mid-cap indices faced heat today after flying high for last few weeks. Nifty ended 3 points in the negative but the story of the day was being written elsewhere. Heavy selling and Profit booking was seen in Small and Mid cap indices. Support for Nifty will be around 19911, 19720 and 19516. Nifty turns negative if we...
NIFTY ANALYSIS FOR 14th September 2023-FOR EDUCATION PURPOSE This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered...
I took a trade based on My custom indicator at 5 mint chart, at the closing of the candle, at 11:05 Am, Nifty 14 Sep 19900 CE at a price Rs 133 with a stop loss of 15 points on option chart with No target, hold the position till Exit signal on My custom Indicator or till 15:10, 3:10 Pm.
NIFTY ANALYSIS FOR 13th September 2023-FOR EDUCATION PURPOSE This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered...
Nifty is not done yet as per this count and there's clearly more upside to be seen in coming weeks. Alternatively an expanded flat in red wave iV cannot be ruled out for now, which however would still lead to more upside later. I will update the chart as it develops further. Thanks for reading!
Greetings Folks, today i have prepared a setup of NIFTY the analysis is as follows - the market was undecisive today - made a pattern with dynamic support and resistance - it can breakout either side, either use a retest entry or a good volume breakout as confirmation dont play with fire, always use predefined stoploss
Elliott Wave Analysis:- A wave seems to be a Zig-Zag A wave . B wave to be a connecting wave . C wave to be extended wave of Zig-Zag C wave If it didn't break 46369, if broken the 46369 then the flat takes place and zig zag leave the place. . View 1:- Regular flat If it did not break B wave and breaks the low of A wave then the flat...
12 SEP ANALYSIS: Daily analysis: PS-Position size Nifty opens: side: if it gives breakout buy(50) gapup: see further priceaction gapdown: will see further price-action, will sell if gives breakdown
Nifty made a new high today and crossed 20K for the first time making a high of 20008.15 however Nifty could not sustain the levels and closed below 20000 at 19996.35. Point number 1 is Closing above 20008.15 is important now to grow further. Second point it RSI in the hourly chart indicates that the index is overbought. On daily charts the indicates that there is...
NIFTY ANALYSIS FOR 12th September 2023-FOR EDUCATION PURPOSE This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered...