-If market opens sideways and breaks closing of previous days then sell - if market opens gapup then chances of volatile market is high, we will only buy when market crosses 15900 - if market opens gapdown then we will see futher priceaction
nifty is in descending chanell watch levels and trade breakout
As per Neo wave logic ,before entering into a positional trade ,we have to look for pattern completion in long term. Nifty completed its expanding triangle pattern A,B,C,D,E and E wave is limited to 1.62 times of wave A+B which is a sign of Bullish Bias. 5 wave down leads to a stronger reaction. Ending this month(june22) NIFTY corrected for 8 months, Now its time...
Nifty50 Index on Monday snapped a three-day losing streak and closed higher on Monday. The U.S. market was closed for a holiday yesterday and hence in the absence of strong global cues, we are likely to see a flat or slightly positive opening. We are still in the declining markets which are always tough for intraday traders because of the sudden up and downside...
Hi Traders/Investors, NSE:NIFTY is trading between a small 300 point range n break on either side would trigger sharp volatility. UPSIDE momentum looks strong in NIFTY as well as Bank NIFTY. There is a Supply Zone between 15900 to 15930, which can act as first line of resistance tomorrow if there is not a gap up. There is a gap on UPSIDE between 15900 - 16170...
Market is trying to affirm the positivity for the time being and trying to make positive moves but facing resistance in the range of 15800 to 15950 range. It is once again making an attempt to bring about positivity but it can last only if the critical resistances around the specified range is crossed. Otherwise once again it will go downwards searching for...
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Market is in range. if nifty opens sideways then breakout we can buy on first candle with SL below it if nifty opens gap up/gap down - we will se further price-action we will not sell unless it goes down below 15680
Nifty levels mentioned on chart, Before take entry do own analysis 15900 strong resistance level, and if break pattern and sustain above 15900 then target 16000, 16300,16500
If market opens flat then after breakout we will buy. if market opens gapup we will se further price-action if market opens gapdown then chances of volatile market is high but if make price action below 15630 then we will sell
Nifty recovered strongly from 15511 to 15793 almost 300 points intraday on friday. With support of global markets ,we may reach 16000 or more in coming week. For intraday, trendlines marked on chart. Let us mint together. -Saptarish Trading
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Nifty 50 Index finished a choppy session flat on Thursday, as gains in select financial stocks were offset by losses in the IT, metal and auto sectors. The index closed its rangebound session on a negative note, the monthly expiry day for June F&O. India VIX (Volatility) cooled down a bit to 21.84 levels, but still above the crucial 20 mark which can favour bears...
Monthly closing of Nifty was not bad and above 15500 levels despite spreading global gloom. However it does not show we are out of troubled waters. All is well till we are above 15500 levels. Below 15500 levels there are two major supports. One is recent bottom near 15180 levels. If this is by chance taken down in July we will be left with a major strong Fibonacci...
Banknifty important level chart on 15 min important Level I'm Not SEBI Registered advisor
Nifty will again try to test and break the resistance between 15800-15930 range. If it is successful we might see Nifty go up to 16150 to 16400 range. In case Nifty is not able to clear the important hurdle, we might see it testing the supports again. The evident supports for Nifty are at 15680, 15622 and finally 15559. Falling below 15559 will take Nifty towards...
From the past two trading sessions, the Nifty has been opening weak( gap down), but closing in positive. The price action somehow suggests that there are buyers sitting in the range of 15800-15600. Intraday support levels for tomorrow are 15720- 15750, if these levels are held, we might see it moving towards 15900 - 16000 levels fast. Major resistance @ 16350-...
As nifty crossing to close above 15800 but not sustaining so booked some profit in Bull Put spread i.e arround arround Rs 275 but Shorted Puts of Strike Price 15300 (2 Lots), 15400 (7 Lots) and 15450 (3 Lots) and getting decent amont Rs 10000/- so weekly expiry proven to be good for me. Its not recomendation nor any kind of Tips do your analysis and make position...