Good Morning everyone, Hope you guys have enjoyed your weekend and ready to start a new week. Last week we had seen a sideways market, The index has traded in the range. the range is high 15,250 and low is 15,000. There is very little room in upside because of harmonic PRZ. 15,400 to 15,500 the whole area is a supply zone and Index still has 200-300 points. Swing...
NIFTY MAKE NEW ALL TIME HIGH AND MADE DOJI ON 5/2/2021, ABOVE NIFTY SPOT 15020 LEVELONE CAN LONG NIFTY FUTURE. BREAKING NIFTY SPOT 14850 LEVEL ONE CAN SHORT NIFTY FUTURE. ON MY PERSONAL VIEW DOWNSIDE HAVE LIMITED TGT BUT UPSIDE HAVE HUGE TGT TILL 200-500 POINT. THIS IS MY PERSONAL VIEW, PLZ TAKE ADVICE YOUR FINANCIAL ADVISER BEFORE TAKING ANY TRADE ON MY VIEW.
Good Morning everyone, Today's analysis is on India 50 because our Nifty has not enough data to show and I have interested more to knows the FIIS positions. India 50 is listed in Oanda and mostly FIIS positions are there. A clear sign that FIIS are started to book their profit. You guys need to understand the differences btw Profit booking and in Sell off. The...
Nifty Update ================== We have seen a dot reversal and huge correction in yesterday's trading session from the hourly harmonic PRZ. The main question is does the negative sentiment will continue or we will see a short-covering today? In the chart you can see 3 patterns . 2 Were already completed and did their job now third is active and the target of...
nifty buy 14455 stop 14430 target 14520 / 14590
Nifty current level look Bearish but its possible that can break the levels and move upward . . . thanks god bless you all have a profitable week a head
Good Morning friends, Hope you guys doing good and learned something from our chart analysis. Let's talk about the Friday trading session. We have seen a sharp move in downside at the first trading session and the whole move recovers in the second trading session. which is a clear sign that the Index is not going to correct. We all know that the Index is...
Fifth wave extensions are the most difficult to count – because when you are in a 5th wave extension, you may be considering a lot of other possibilities — and when the pattern just keeps going up in a straight line for multiple days in a row – it’s difficult to count. But then when you step back and look at it holistically, it makes much more sense. So...
India USD and SGX #nifty give a wild move in upside and break the Range. We are also waiting for this range to break but FIIS never gives to eat a single breakout trade on the buying side since June. Most of up moves come with a gap up and we have nothing left in the Intraday. 13600 is becoming the support now. today Trade setup : ======================== We...
Nifty Update ===================== Index stuck in a range and the momentum is missing for a week. the higher level of this range is 13600 and the lower range is 13390 intraday you guys need to consider 13600 for your long position and 13470 for your short. you have only 70 point room on the downside
Good Morning everyone, Index trend is bullish in all time frames and there is not a single sign for weakness but the main problem is the momentum it's very messy and hard to trust on the buy-side and as well as on the sell-side. Intraday is very tricky at this momentum because on the upside there is a lot of supply zone and correction is due since October month...
Nifty Update =================== Yesterday's Range is so Important for today's intraday because This range has come on harmonic PRZ in the Hourly chart. 13300 to 13450 this range is Important and can decide the momentum in Intraday. Index behavior is strange and direction is missing. Sell comes from higher levels and buy come from the support.... in short...
Reverse head and shoulders pattern had depth of 1129 points to the head from base. This meant push of 1129 points from base to further up which comes up to 13297. Nifty seems to have topped at that level and coincidentally that the level of resistance line Nifty has been following since Covid times. Any closing below 13297 shall open Nifty up for fall to 12400...
Today's market was range bound due to expiry but but tomorrow we can see a trending market. I'm still positive on the market as this market rally is basically fii's buying and they bought 3500 Cr again today, the option chain has has slightly more put writing than call writing but basically the option chain data is inconclusive. All the world index's are hitting...
NIFTY REMAINS IN UPTREND TILL IT CLOSES BELOW 12900. ONCE IT WILL CLOSE BELOW 12900 FOR TWO CONSECUTIVE SESSION THEN WE CAN SEE SOME 7% TO 8% CORRECTION IN NIFTY. TILL OUR CONDITION NOT MET WE ARE IN LONG POSITION
We are in a phase of nifty where the price might be in correction phase. It might drop to 12.3k zone before moving upwards. RSI is in downward direction. MACD is about to enter into the red zone.
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...