A divergence has been forming on Nifty 15 minute chart. It is not yet confirmed, for confirmation, resistance break is required. If it fails to break then we might not see upside today.
With completing the pattern it had gained Double bottom. If it holds this level then it is probably going to be very bullish.
Hi traders, Since we are off for a while and this being our break resumption post, we would like to add some significant detail on this one and consider this a Christmas or Newyear present from LeadBrains as it is about to give a precise and much more clarified analysis about NIFTY. As usual this one will contain all the info with an elaborate video explanation & ...
Long Nifty : Long at 7970 - 7900 Stop Loss : 7750 We expect this to be a completion of wave 4 correction !! On other hand USDINR is trading at life highs !! Both of the above are either oversold or overbought !! Looking at other coming events -- Rate cut of 50 bps by RBI in december - expected (25 bps factored in ) -- FED Meet - markets prediction...
Last Post : Nifty -1.76% after touching high of 8960 has now entered into correction mode !! So wave 5 ends of Wave 3 of Wave 3 !! Expect this correction to complete either at 8550 ( Less chances ) or at 8700 levels !! Wait till the FED meet this month -- Once FED goes with no rate hike -- Expect markets to touch life highs !! So Now we are at 8600 --...
Looking at Wave formation, it looks in next 8-10 trading sessions, NIFTY should break the Triangle and move up. Bulls can push NIFTY by 500-600 points atleast.
Greeting traders and investors, Been a while since our last publication Now back to the business POST COVERAGE - NIFTY LONG TERM, Medium term & short term (DETAILED ANALYSIS WITH VIDEO PRESENTATION for free) NIFTY has been riding high waves for a while and the main thing that is fish about the move is, it is not supported by the psychology and this move...
So after our last post - Nifty : Brexit Gone - Now What Long The market has risen by more than 8% - i.e Nifty. Nifty is now in a consolidation mode -- which we expect to be over within next 2-3 days - rebound might happen at 8471 and if it breaches this then the next stop 8400 . Wave 5 of wave 3 in play - means complete wave 3 will be ending...
Nifty should soon resume it's up move from one of the Fib levels.
Fed Hike -- Fed did not changed their stance on rate hike i.e. status quo !! After Brexit it is more likely that there wont be any further news till sept for further rate hikes !! Brexit -- Is it Good ...Is is bad .... we don't know !! This Event is now gone !! Many are comparing this event to lehman brother 2008 crisis, Acc to us their imports have got...
Compared to the previous year, 2016 has been a pretty good year for stock traders and investors as well. The year began on the backdrop of a huge correction of the Nifty in 2015 (-1600 points from the high) after a fantastic uptrend in 2014 (+ 2000 points YOY). The 1st two months of 2016 saw the markets reach new lows and a majority of stocks went on to touch...
Before someone thinks why ? how can you be without trading Nifty ? how can you make money n sort of questions, lets see what chart conveys us. We are in strong support zone of Nifty but here we don't have proper risk:reward if we choose to enter long positions. So we wont b entering our trades here instead wait for 8540's zone. Its very small support zone so need...
Coming back to the scrips which we keep close to our hearts - Yep, Nifty's.... We have bullish bat pattern formation which is currently in C to D move, so once the move gets completed at D point we can Initiate long positions in Nifty. The other blue lines going around chart are the idea posted on higher timeframe(4h) lastweek.. that idea is still valid. But here...
Will Update soon... bcos if I write desc now, we may miss trade !
Hey Guys, In Part - I of Nifty trade Idea I have told, I will wait for pullback.As expected market made pullback to our expected levels and we have few gaps below 8290's which I expect to be filled soon. So, being conservative trader I am initiating longs around 8290's-8300's only part of my positions. So that if market moves down I will average, thats why...
Greetings traders & readers, This Analysis for the JULY contract is special because this is a part of our exclusive service Premium trade setups. To learn more about the Premium trade setup (PTS). click the link below, www.mytradingcourses.com Now lets deal with the analysis in weekly time frame and just understand what is happening over there. We have already...
Nifty need to consolidate between 8000 to 8500 before trending up either in first week Oct 2016 or in mid Dec 2016. For all this Nifty should protect 7500. I believe it would be successful in defending 7500