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...
Sell 10930 stop loss 10975 target 10840 / 10800 Buy 10708 stop loss 10660 target 10800 /10840 which ever entry triggers first go that side and leave the other view Fibonacci and Gann always rocks follow us , support us and research with us
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...
Sell 11135 / 11160 stop loss 11202 target 11074 / 11028 Buy 10935 stop loss 10885 target 11028 /11074 which ever entry triggers first go that side and leave the other view Fibonacci and Gann always rocks follow us , support us and research with us
I have been maintaining Bearish sentiment on Nifty. This is the third high which is lower than the previous. Short it!
These 2 levels are major institutional levels. If we get a major rejection of either of these levels or a breakout from them then we can take a trade in the respective direction 108% guaranteed
TODAY'S CANDLE IS A SHORT DAY BEARISH CANDLE. ALTHOUGH TODAY'S CANDLE IS BEARISH BUT STILL NIFTY IS IN UPTREND FORMING HIGHER HIGH AND HIGHER LOW WHICH SUGGEST THE UPTREND IS INTACT IN NIFTY WHICH CAN TAKE IT TO NEXT RESISTANCE OF 11550 -11600. TODAY'S NIFTY WAS UNABLE TO MAINTAIN THE PSYCHOLOGICAL RESISTANCE OF 11500 AFTER GIVING GAP UP OPENING. ONLY FOR LEARNING
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...
WE CAN SEE THERE IS CLEAR BREAKOUT IN NIFTY BECAUSE NIFTY MANAGED TO STAY ABOVE 11300 LEVEL. TODAY'S CANDLE SHOWS THAT THE STRENGTH EXIST IN TREND BECAUSE IT SHOWED GOOD RETRACEMENT FROM DAYS LOW. ONLY EDUCATIONAL PURPOSE.
Good Morning everyone, Hope you guys are doing great and making some money from the stock market.IIn the Friday trading session we had seen a free fall move-in downside from the resistance area. This move was accepted and due to the last week. The main question is does this fall will continue in today's trading session or we will see a short-covering in today's...
Correct of ELITE wave is completed at 10874 and then for the next leg, we may see its retracement till 11400 so go long for the AUG series for the TGT of 11400. It is also supported by TK cross over at 10990 and MACD line cross over so we expect to break the Ichimoku cloud on the upside and continue the momentum. SL for short term 10990 and long term 10870.
BUY NIFTY | TARGET: 11,350 | STOP LOSS: 11,100 The Nifty index continued to make a higher top and a higher bottom pattern and also achieved our short term target of 11,200. The overall structure is still looking positive as long as it holds its 200-DMA which is placed at 10,865 levels. The momentum indicators and oscillators are very well in the buy mode on the...
Nifty has been agressively conquering higher high, the winning streak ended today with big red candle, However still this is not the good time to intiate short at this point. Resistance is at 10950 level. Option chain data idicate resistance is around 11000. Thougths? #Ideaforeducation
I feel the market would be range bound between 10250 - 10550... Once that level is breached there will be a very Sharp RALLY.... Why I Feel it would rally even i cant put in words its my GUT and INTUITION.... But i feel Nifty should test 10800 atleast before End of JULY 2020....