Aarti drugs is on the verge of breaking the trendline after consolidating for a long time.The consolidation happens after a flag pole, which is a strong indication of an uptrend movement. And the volume gives an additional suppport to the idea. Hope it reach above 1000pts. :)
Formation of Head and shoulder pattern, which indicates a downside. Getting rejected at the resistance and trendline for multiple times. Targets are at the levels of Fibonacci.
Currently following "Channel Pattern", got multiple rejection at the resistance level. If the trendline breaks, it can reach the bottom level of the channel.
Nifty is near a major fibonacci support of 17252. This is the place from where it can turn positive. In case this level is broken the next support for Nifty will only be at Fibonacci levels of 16747. RSI on Nifty is also entering the zone from where it normally it can bounce. Relative Strength Index is around 31.35 on daily charts. Last time it was at similar or...
nifty 50 chart in 15 minutes tf with gp. intraday movement expected either up or down based on gp lines in 15 minutes chart.
Hello to everyone, 👉👉Keep Eyes on #GODREJPROP ✅🎯 👉Strong Support Zone broken Today. If Price closes below the Support Zone on #Weekly Chart and price sustain itself below the Support level than we can see good fall in price in coming days. 👉 After Breakdown of support zone wait for the closing and let sustain the price below it than only enter in the...
Things to note : 1. 2200 level has been tested multiple times (3 times) on the monthly chart, which is really a worrying factor. 2. Head and Shoulder pattern formation after the recent breakout. Targets - 2000/1800/1600 Expecting to reach 1800 before the results.
Dear All, Finally, once again we had witnessed the importance of the 17800 level in the last week. Wherein, as expected after breaking through this level, Nifty showed us a sharp downfall as it made a low of 17421, on the previous trading day. Besides, just as we had stated in the previous week itself, that Nifty is getting reading for the level of 17320 once...
Buy Above - 17500 SL - 17460 Targets - 17530,17600,17680 Sell Below - 17410 SL - 17460 Targets - 17360,17300,17220 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Nifty 27 Feb 23 to 3 Mar 23 Short ,Medium and Long Term Nifty closed at 17465 ( Prev close 17944) Nifty touched a high of 17989 and fallen to low of 17429 last week. Market may further move sidewards for few more weeks for decisive movement either upwards or downwards. RSI stochastic and MACD are in negative zone and in oversold position and also there is no...
Nifty has been declining within the squeezing triangle needs to gather all the strength available and jump above 17591 first and 17776 to be back in neutral zone. Currently it is in the bear zone or negative territory. Above 17921 will be a trend change and above 18116 nifty will be in positive energetic territory. Bulls can take over only after closing above...
Dear All, Yesterday, we had once again observed Nifty’s movement towards the level of 17320. Wherein, Nifty had made a low of 17455.40 and had ultimately given us a closing of 17511.25 Moreover, since today is the last trading day of this week, it will be better if Nifty touches the level of or around 17320, today itself. Otherwise, we might get to witness some...
Buy Above - 17540 SL - 17500 Targets - 17590,17620,17680,17730 Sell Below - 17500 SL - 17530 Targets - 17450,17400,17360,17300 Trade Safe & Happy Trading Guys
3 Bullishness indication : ------ 1. BB---- Range support 2. Fibo---1D TF 0.618 Strong Support 3. EW----Wave 2 also in favourable
Here in this video we have discussed probable future trend of Nifty and Bank Nifty and our trade plan for tomorrow, Friday, 24th February *personal opinion, not a trade advice*
NSE:NIFTY TRADE IN THE DIRECTION OF BREAKOUT / BREAKDOWN. Wait for Proper Closing, before Entering ! R:R, Should be 1: 2 minimum !
In a data heavy week where lot of global events are about to happen Nifty may remain under pressure. Most important of the global events is the US FED FOMC meet on Friday. Don't carry long positions. Nifty Supports: 17820, 17720 and 17590. Below 17590 market goes into bear territory. Below 17353 market goes into absolute bear grip. (doesn't look likely as of...