Nifty levels forecasting for Upcoming session 15 M chart used for analysis *Trading Range: 13141-13393 is the Trading Range for upcoming session. (Remain as last analysis) *Resistance & Support /Chart Pattern & Trend:' Pls Refer the chart, Trading in range of channel and it was taken support at 50 EMA on 04 Dec. Trend is heading towards 13393 and then we can...
Nifty levels forecasting for Upcoming session 15 M chart used for analysis *Trading Range: 13141-13393 is the Trading Range for upcoming session. *Resistance & Support /Chart Pattern & Trend:' Pls Refer the chart, Trading in range of channel and it was taken support at 50 EMA on 04 Dec. Trend is heading towards 13393 and then we can see little bit...
Nifty levels forecasting for Upcoming session 15 M chart used for analysis *Trading Range: 13010- 13283 is the Trading Range for upcoming session. *Resistance & Support /Chart Pattern & Trend:' Pls Refer the chart, Trading in range of channel *PE: 36.12 All time High *RSI: 72 (1 D Timeframe Chart) Bullish Trend *FII & DII Activity FII- Net Value: +3637...
BEARS SEEMS TO BE TRAPPED WHY NOT BENEFIT FROM THEIR STOP LOSSES GETTING LIQUIFIED? AFTERALL TRADING IS A ZERO SUM GAME, PROFIT OF ONE = LOSS OF ANOTHER. SOME FACTS - *PRICE MAKING HIGHER HIGHS ON WEEKLY AS WELL AS ON DAILY TIMEFRAME. *PRICE TAKING SUPPORT ON THE PREVIOUS RESISTANCE MULTIPLE TIMES ON DAILY CHART AFTER EVERY RECENT UPWARD BREAKOUTS.
Nifty levels forecasting for Upcoming session : 25 Nov 2020 15 M chart used for analysis Trading Range: 12946-13135 is the Trading Range for upcoming session. Resistance & Support /Chart Pattern & Trend:' Pls Refer the chart, Consolidation pattern near to complete So may be we can again see the GAP Up opening ,today same pattern was extended .(you can see...
Intraday analysis of ACC for intraday #Banknifty #nifty50 #ACC #stock
Good Morning everyone, Hope you all doing good and made good money last week. Nifty 50 is Trading on their Phycological resistance and harmonic PRZ, We had seen the same thing on the 12000 Level. The index is following the same thing at this point. The current Index range is 13030 to 12720. This 300 Points range shows that how many indexes strong since Sep month....
Nifty has been bearish for quite some time now but, it is going sideways it, hasn't really fallen through. So it would it would not be prudent to short it now. Until it falls below 11600, and the way it has been finding supports it has been like holding on its own, shorting it seems risky. And long red candles give high stop loss and near supports give very...
As expected, Nifty pulled back today. But, it could not cross the resistance. So, it's dancing between support created by previous breakout and resistance created by previous support. That's a strong support. But the weak resistance held on to its own. And the bearish engulfing candle from yesterday says bearish chart. Take trade only when the direction is clear...
Hello everyone, Last week we had given a short from 12000 with 12030. The index high is 1224.55. The index has fallen like a knife from this level and made 11664.00 Low almost 336 Points in the previous week. Hope you guys have made good money last week. Now the main question is what will be our setup for this week and what position we will be preferred in a...
Good Morning everyone, Hope you guys did well in yesterday's trading session and made a good buck. Yesterday fall was massive and target killers. Index fall was accepted from 12000 levels but to be honest I never think that it will be so huge and so straight. Bear always does this that's why I love Bear Market :) The main question is what about today's trading...
Ok, that huge red is candle is clearly a bearish signal. But, I am yet to go short. When it makes such a huge move in 1 candle, some buying may occur. And the immediate support is at 11660, see the horizontal line to depict support. That's a terrible risk reward ratio...
Hello everyone, Nifty has given an awesome move in the upside for the last 2 weeks. The index is still bullish until its not break 11500 but as I said always the Intraday trader doesn't care about the longer trend since the nature of trade is in the very short time frame. The current level is the strongest resistance as per fib and from the previous day swing...
Hello friends, Hope you guys have done good in the last week and made some good money from the trading. I had seen that lot of peoples want to trade in Nifty and Banknifty Index just because of the volatility. I do agree that Index always has an opportunity for a knowledgable trader but the worst part is Index momentum is very hard to predict in the Intraday and...
Good Morning friends, Hope you guys have spent a great time this weekend and made good money in August expiry. Last trading week Index has given an awesome move in the upside. There is no doubt that The Index is trading in an uptrend and making a new high every week but the September month is gonna different from other months. This is a crucial area for the...
I have been maintaining Bearish sentiment on Nifty. This is the third high which is lower than the previous. Short it!
Good morning everyone, In the last trading week, we have seen a sideways market. Momentum and direction both were missing in the nifty 50 Index. this is an indecision point to tell what our nifty will do this week. Possibilities on both sides and Index can give any move either upside or downside. The important thing is what you guys need to do at this point and...