NIFTY ANALYSIS FOR FRIDAY 11TH AUGUST 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...
9 AUGUST ANALYSIS: Daily analysis: PS-Position size Nifty opens: side: if it gives breakout (up 100%) gapup: wait for price-action, buy if market make bullish pattern (100% up) gapdown: sell only below 19500
Nifty on a third attempt today broke the Parallel chanel top and closed comfortably above 50 hours EMA (19568)(Mamma Line). If Nifty sustains above 19568 tomorrow it will turn positive again. In such a scenario the next resistances will be at 19645 and 19684. Crossing and closing above 19684 will open the possibility of Nifty 19798 and 19850+. Supports for Nifty...
Supply and demand zones marked on yesterday's chart hold good for tomorrow as well. Black Line zones - Resistances R1 - 19617-19639 R2 - 19723-19795 R3 - 19805-19822 R4 - 19842-19876 Green line zones - Demand S1 - 19593-19574 S2 - 19555-19510 S3 - 19595-19462 S4 - 19350-19295 Analysis:- Same as yesterday, Nifty has not moved majorly from yesterday’s OHLC....
Nifty has formed a Head and shoulder pattern in the intraday time frame, and has broken it's neckline at 19530, so one can consider to go short at the retest of the same 19530, with a bearish candle pattern confirmation or any other technical setup confirmation. 19423 - 19430 target, next support zone. Happy trading!
9 AUGUST ANALYSIS: Daily analysis: PS-Position size Nifty opens: side: if it gives breakout (up 100%, down 100%) gapup: wait for price-action, buy if market make bullish pattern (100% up) gapdown: sell if market breakdown after consolidation (70% down, 50% up)
Another attempt by Nifty today to break the channel top was unsuccessful. Nifty made a high of 19634 which was channel top and from there we saw pressure build and resistance work. The resistance pushed Nifty downwards and the support of 19533 was activated and it worked well. Nifty staged mini recovery from that level and closed the day at 19570, which is just...
The stock is reversing from demand zone after 4 days of consolidation in the same zone, also there is a double top breakdown in Daily time frame, and the stock is poised for a retest of the Double Top neckline area. 75 minutes shows Double bottom very evident with RSI divergence and RSI moving into 70+ strength zone, an up move of odd 7200-7400 levels is...
NIFTY ANALYSIS FOR WEDNESDAY 9TH AUGUST 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...
Black Line zones - Resistances R1 - 19617-19639 R2 - 19723-19795 R3 - 19805-19822 R4 - 19842-19876 Green line zones - Demand S1 - 19593-19574 S2 - 19555-19510 S3 - 19595-19462 S4 - 19350-19295 Analysis:- Nifty is in a process of forming a retracement , Lower High for the Downtrend formed. But if it moves strong above 19684-19733 which is the 78.6% to 88.6%...
Dear All, I have tried to capture a small price action scalp trade setup with options strike price 1 min time frame Price ACTION. Do correlate it with the trade plan that I have shared at Happy trading!
Fundamentally good stock . . entry: 130 target: 134/ 144/ 156 /169 stoploss: 121 . . . wait for entry enter after confirmation. . Good price to invest now. . . refer old idea on CUB attached bellow.
Price compression is seen in 75 mins time frame, if the price sustains above yesterday's close level, the marked levels can be used for Intraday target sell zones. The RSI is also moving up from oversold to a strength zone of 60-70+. The price may move to fill the gap at 414-415 zone. An intraday trade may be possible with the marked levels, above 410 with an...
Nifty 50 chart where we can clear seee that it falls down and now it is going straight in upside if once it get reject and make a big selling candle or red candle then I am expecting again a big fall in down side. Bulls trying hard to go up but Bear waiting for a good chance and they will blow in down side like BOOOM BOOOM> all will happen below 19470
#Nifty50 Levels for 08-08-2023 > If you're following these zones then kindly follow the rules too. Risk management, Position sizing, Confirmations. > This is my perception of the market so, kindly do your analysis to get more clarity on the market. > These levels might help you guys. As per my view, I'm sharing it with you guys. > This is not a blueprint to...
Nifty on hourly chart has closed near very critical and strong resistance zone formed due to a parallel chanell in which it is falling since it made a new high of 19991.85. The resistance zone starts from today's high of 19620 and ends at 19685. Closing above 19685 is imperative for Nifty to go towards 19798, 19871 and finally then it can aim for the target of...
8 AUGUST ANALYSIS: Daily analysis: PS-Position size Nifty opens: side: if it gives breakout (up 50%, down 70%) gapup: wait for price-action, trade in small qty gapdown: sell if market breakdown after consolidation or retracement (70%)
reliance out of long term consolidation.. can reach 4k levels in 2 years if nifty sustain above 20k