Nifty Next Target 17000 Pullback target Maximum Pullback Target 17300..
Nifty is just below Fibonacci resistance of 16807. Today's high of 16752 to 16807 will be a very difficult zone to cross unless there is gap up opening or strong momentum that takes the NIFTY through the resistance zone. Closing above 16807 will take Nifty to the next FIB level of 17215. In the medium term if the momentum continues and Nifty is able to cross...
Measure 89.60 from the neck of the cup and the handle breakout from the lows of 22.60. We get 156 which is the next target for Time TechnoPlast
Always take trade with risk and reward. Those who are new to option can trade next week option as decay will be normal.
On Daily chart Nifty is taking support. i have sold put option 15800 and buy 15600 put (for hedging) If you want to carry positional then sell 16100 ce as well important: If support hit multiple time it become weak. Never Average loosing trade. Always take trade on setup Think about risk and reward before placing any trade.
All 5 waves are completed in an Expanding triangle pattern. Smart sell is over, because of our local support nifty is not fallen like S&P500. 21 day money flow index shows compulsion of buying Recovery to the last wave ''c5'' is going on, this may go beyond 62% of c5 ,17000 let's have a buy until AUG 2nd
NSE:NIFTY Analysis/Prediction for tomorrow Expiry 21-07-2022 If price Opens in Zone, market should be in range or sideways, so try to trade after 12:30 and If breaks the range after 12:30. 🟢 Upside ✔️ Target Should be 16800 🔴 Down Side ✔️ Target Should Be 16330 For Gap-UP (Above 16600) Gap-Down (Below 16450) One side move can be possible so wait for price...
The Nifty50 on Wednesday climbed for the fourth straight session and broke 16,500 level on a closing basis. Daily TF Index has formed a spinning top candle around the XABCD Harmonic PRZ area of 16,600-16,500 hitting almost both of our targets. This pattern suggests a possibly of reversal but on additional confirmation. We might see a small profit booking if...
Nifty formed the weekly green A, and now we are looking at down in B and up in C. Overall - for now, we can say that there is good upmove - but this will eventually come to an end for some retracement. Falcon Wave count - has not changed so far, the overall concept of ABC waves etc. has worked, and nothing has changed. What changed? - The green A move to...
After giving a gap up opening today and making a high of 16588 Nifty ended the day at 16520.85. 200 days EMA for NIFTY is at 16520.74. A strong closing above 200 days EMA would have shown that lot of power remains in the rally. Today rally has shown little bit of weakness which bears might exploit tomorrow. Another Green candle tomorrow and a positive close above...
Nifty has probably reached its peak for this swing forming a higher high, in daily time frame. So, from this point we may expect it to revert for a pullback. In coming days, we may see a downtrend in Nifty, and if it starts, then up to 16013, we will consider it as pullback, below which bearish again. Tomorrow, for directional traders, range between 16490 and...
With support of global cues, Nifty rallied from 16050 to 16300. Above 16320 we may see 16400, 16500, 16600 and 16700+, higher targets may take time. 16200 may act as suport. one may sell calls below 16200 for this expiry. Education purpose only. -Saptarish Trading
The index rally in the last three trading sessions was almost 3% (432 points). Bullish sentiment continued. The Index has broken the previous swing high and sustained above on the daily chart. The Index is heading for its supply zone, and we can see a profit booking from 16,450 to 16,600. A crucial area to trade in intraday. Daily TF The Index gave a breakout...
Nifty is showing clear bullishness now, and we may expect momentum in its upward move in coming days, as RSI in daily timeframe is above 60. For directional traders tomorrow zone between 16247 and 16360 will be considered as no trade zone, due to tomorrow’s CPR and previous supply and demand zones. We will go for directional trade above this zone only. Nifty...
Nifty50 Index on Monday kept on the momentum after a gap-up start to eventually close around its recent swing high of 16,275. India Vix also cooled off by 2.5% to 17.16. Daily TF The index gave a breakout and re-test of the downward dynamic trendline resistance holding the downtrend. The index is still making higher lows taking support from 15,900 levels (B...
Brutal and totally not planned green A (with blue ABC) show in the chart. In one month or about 20-25 trading days we should change our counts max one or two times. If we achieve this then success is ours. I will explain step by step on what is on the table, Monthly Wave counts shown in Weekly Time Frame Chart: Falcon Waves move in ABCDE format marked in...
Nifty is forming cup and handle at 16000 .. Target of 16200 shortly.
4th Wave down, and now brutal fall in 5th wave awaits ... We will go down to form wave 5 and this will complete wave A We have long way to go, and what I can see is that market maker is making money with these zig zag situations, and it is okay - we are all here to make money. Question is - are you ready to make money? Use Falcon Waves to best of your...