Daily TF – Weekly Range The index has stopped making lower lows and broke the previous swing high of 15,950 levels (after retesting) and downward trendline resistance, activating the XABCD pattern and is likely to face resistance at 16,475/500 levels (Harmonic PRZ), which if it sustains can retest the major previous swing high of 16,800. The range finally shifted...
Important Nifty Levels for 14th July 2022 expiry Looking at the charts and OI data, the expiry seems to be in range of 15900-16500, with 16K and 16.5K acting as key support and resistance levels respectively.
On daily time frame nifty is in pull back of a bullish trend. With major resistance levels in 15-minute time frame at 16270 to 16298, 16336, 16387 and 16449 and support levels at 16220, 16157 16097 and 16049. And major support levels in daily time frame at 16097, 15891, 15677. Nifty crossing 15677 will again be bearish. Tomorrow, we may take bullish position above...
Nifty Bullish Flag Pattern? is there a mistake on my chart? Tell me about your Views
The lines of MFI drawn here are from .... 2015 Yes, thats right, thats how long these things showcase patterns for. Go ahead try it out, its insanely accurate. This bear Market semi rally should end at 16400 before reversing to 15600. It's enables it to hit the trendline, as well as fulfull MFI (and RSI key levels not shown here) EASY TRADES Short NIFTY when...
Accorfing to my Analysis NIFTY 50 is going to test 17850 very soon in a short span of time.This could also be a beginning of new BULL-RUN.
The charts are showing strength for a upside of 10-12%. After a side move for a month the stock is on the verge of a breakout. RSI is also rising . Nifty should hold 16200 and move upside for this move. The stock is trading above the 21 MA . #Simple analysis. Please note this is not a recommendation to buy, just my analysis. Please do your study, research before...
1) If nifty open flat go long target 1 : 16300 target 2: 16380 stop loss 16190 2) If nifty open gap up around 16380 expecting sideways market.
16200 was strong resistance and market closes above it. Around 16300, there is another resistance, so market could be sideways on monday A) if market opens sideways then we could buy if it makes 5 min positive candle B) if market opens gap up and breaks lower resistance then after looking at price-action we could sell for small target
The Index closed in the green on expiry day and maintained a positive sentiment in the market. Today is the last day of the current week, and today is closing matters on the weekly chart. On the daily chart, The Index has given a breakout for the phycological level(16,000) and sustained above. The main question is, " does the bullish sentiment continue...
Market closes in range - breakout on either side, we can buy/sell - if big gapup/down, we will se further price-action
It seems that we have not finished blue Wave C Also Thursday is expiry day and sellers will not allow buyers to enjoy profits. I think we are on verge of going down but needs final push up which has happened today, and therefore I planned to post this post after market opened. So Falcon Waves - wave C finishes today, RSI and CCI are already over bought on 1H...
Dear all, Today is Thursday which is a expiry day so be conscious and trade wisely as the maximum expected trend is down. so plan accordingly on your trade and make your day profitable. Thank You.
The Index rally in yesterday's trading session was excellent, with More than a 1% gain after the 21st of June. Global sentiment is Positive. Crude oil is trading below 100$ after may month, and now waiting for DXY to cool off to keep the momentum on. On the daily chart, the Index is trading on the trend line resistance with a long bullish candle but still needs...
market is looking bullish - if opens sideways then breakout the previous day's close then buy - if opens gapup- see further price action - if opens gapdown then could remain volatile
#Nifty50 is very near to its bottom. As per my previous analysis, I was expecting the Nifty to come at least 15400, but the bottom will be confirmed when an impulse rally will be made with regards to Elliott wave. The move after the low I mentioned is the (w)(x)(y) move as a whole. The c of Y is already made or it can go to a little high more, but the Nifty is...
Hi Traders, NIFTY looks strong, faces a resistance at 16000 levels. But looking at the momentum and if the news is positive from US and Crude oil continues to stays around 100$ then we might see a good Upmove from here. There is a Gap between 16025 - 16170 in NIFTY which might get filled up pretty soon maybe tomorrow or day after looking at the Price Action....
On daily time frame nifty is on correction mode, and possible reversal level will be at 15770 and 15622, below which we will consider nifty to be bearish in daily time frame. For intraday directional traders, range between 15904 to 15773 will be no trade zone, any opening in that zone crossing 15770 with or without price action, we will enter into a bearish trade,...