IF market opens sideways and crosses the previous day close then we can buy Sell below yesterday's low or support line.
Updated levels for tomorrow in 15 mins time frame. Nifty has formed a Channel Pattern on 15 minutes chart and 1 hour chart also.
Channel pattern breakout with strong bullish candle. Took entry after retest in 15 minute timeframe. Exited at resistance. 40 points captured in Nifty 15900 CE from 160 to 200.
bearish flag pattern is breached expecting a fall to test the previous low as 1st target
As nifty is covering its gap it is likely possible in this scenario that it ill face stiff resistance from 16200 Supply Zone one can keep watch at these levels and keeping in mind the supply zone we could look to make "Bear Call Spread" at these levels as we have planned earlier. "Learning is a Life Long process" It hardly matters you Fail or Succeed if you are...
Nifty in daily time frame is in pullback of an uptrend and resulting a downtrend in 15 minute time frame. Below 15675 level Nifty will be considered bearish and if tomorrow in crosses 16074 level then we may see the reversal of the original pullback. Nifty with flat opening tomorrow, after crossing 15966 we may enter into a bullish trade, resistance levels will be...
Nifty moved as per Falcon Waves, and almost all our levels were correct with Target Line (Purple Horizontal Line) was also achieved. By now you know that market moves in zig zag fashion, to form higher lows or lower highs, now Nifty needs to move up and form a lower high, and this will mark Falcon Wave 4. Clear Chart: US Markets are not looking great...
The bears have done it again.... and now the time has come for you to pay tuition to the market. Market is never wrong, whatever is printed is final and can not change. Is it time for Nifty to plunge lower? Or surprise everyone and test higher grounds and fall again? Only time can tell, however we are looking at fresh bear attacks, and we can see some price...
We are moving as per plan, and as per Falcon Waves - probably finest and very few trading analysts o internet to tell followers about it when many were bullish. Now with CPI data out the gap down will end at wave 3 - followed by bounce to form wave 4 (where longs will exit) and then wave 5. I have also marked some vertical lines for you all. Enjoy. A clear...
On a daily chart, Nifty faced resistance at Upper Bollinger band level. Agresssive long should be avoided at this level. 15900 is looking to be good support for coming weeks. And 15750 is still a major support below which we can see the trend change from moderately bullish to neutral/bearish. Long should only be initiated above 16200 levels. Moderately...
Sold call 16150 call option stop loss if any 5 min candle close above 16140
Long above 16052, Keep trailing profits on the drawn resistances, SL 15980 Short below 15985, Keep trailing profits on the drawn support, SL 16055 You can do scalping on the mentioned lines.
NSE:NIFTY Analysis/Prediction for tomorrow 13-07-2022 For Flat/Gap-UP Opening 🟢 Buy CE above 16130 ✔️ Target Should Be 16230 🔴 Buy PE below 16000 ✔️ Target Should Be 15930 For Gap-Down Opening (above 16150) 🟢 Avoid CE 🔴 Buy PE below 16000 ✔️ Target Should Be 15930, 15880 Note: 🚨 Gap-UP & Gap-Down more than 100 points wait for price action. 🚨 Gap-UP & Gap-Down...
Long above 16095, Keep Trailing profits as per the mentioned resistances. SL - 15990 Short below 15990, Keep trailing profits as per the mentioned supports. SL 16100 You can use the mentioned lines for scalping. NOTE : Please don't jump into the market as soon as it open. Understand the trend and then only enter the trade.
On daily time frame nifty in pullback of an uptrend, in short term it is bearish, with important support levels at 16010, 15945, 15890 & 15854, 15762 and 15675, below 15675 Nifty will be bearish in daily time frame. Again, major resistances will be at 16096, 16158, 16272 16323 and 16409. Zone between 16096 and PDL, will be the no trade zone for directional...
NSE:NIFTY Analysis/Prediction for tomorrow 12-07-2022 For Flat Opening Between 16185 to 16240 🟢 Buy CE above 16250 ✔️ Target Should Be 16400 🔴 Avoid PE For Gap-UP Opening (up-to 100 points) 🟢 Buy CE near 16220 ✔️ Target Should Be 16400 🔴 Avoid PE For Gap-Down Opening (above 16150) 🟢 Buy CE above 16220 ✔️ Target Should Be 16320 🔴 Buy PE below 16117 ✔️ Target...
Nifty 50 Index ended flat on Monday amid selling pressure in IT shares, after TCS’s quarterly performance fell short of Street estimates. Investors await more of financial results from India Inc for domestic cues. Index traded in the range during the first half and shoot up nearly 130 points from the day's low before erasing some of the gains. Intraday The...
Nifty is consolidating in range we can take trade on breakout either upper side or down side