Observations: NIFTY Previously showing Strong bearish pressure at this level. NIFTY-- Price leaving a demand zone 18180 if this level acts as support, price reach again 18260 level. --------->> If failed to act as demand zone the same zone is acts as Supply again and price falls back to below 18180. --------->> Go short below for targets of 18060,17950 levels.
Greetings Fellow Traders, As we can see in this chart that Nifty was trading inside the Chanel down from past few days and since yesterday price broke that Chanel down and bounced on it few times...but will this be a sustainable breakout for further upside move? Well in my opinion that will be dependent on 17,950 As a resistance it's more prominent than that...
We have a Correction as of now, Price is marching towards the Daily Demand formed @ 17482.05 (SHown in the Chart), This is the Demand area where the FIIs have their unfilled orders, Currently Price is in a Powerful 4H Supply and Price should decline from this area itself hence Buying 17800 PE for April Expiry with a Target of 381.50. CHEEERRRRRSSSSSS!!!!!...
Nifty just 17370 below iam buying plan................................
NIFTY seems like moving a downward channel. Can look to short NIFTY near the upper side of the channel with stoploss.
Price has been violating Demands and respecting Supply zones since last week, Now yesterdays closing has happened into a Daily Engulfing Supply, 17428.20 is the LEVEL to be achieved.
Price was in Uptrend since 13 June 2022, Price has closed outside the Trendline also we have Weekly Demands violated and now we hava a Fresh Supply formed, Price should respect this supply and come to its first Support @ 17428.80, then it can either turn and shoot or continue till the Demand in the Bottom @ 16275.50. NIFTY 17400 PE would be the Trade of the...
Nifty intraday buying opportunity at retest go long with a small sl of 10-12 rs target 1:2 1:3 1:4
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
DARK CLOUD COVER on Daily and rsi divergence too Expecting a drop towards gap range of 18181-18150 if we break that range on daily close we will going to test 18k level again
Nifty is creating a Divergence on 4hr timeframe at a resistance level risk reward for long is bad right now we should wait for sell signal instead of a long at this time of time
Negative Butterfly pattern can be observed on nifty daily chart which if triggered can make nifty fall till 17000.. we can search for short opportunity when nifty starts falling from 18250 levels
Negative Butterfly pattern on nifty can be observed on daily time-frame which can lead to a reversal from 18450 levels stops can be placed above 18530
Dear traders, I have identified chart levels, trade setup based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on...
As per analysis Nifty showing Bearish Engulfing candle on top on 4 Hours time frame, which means in upcoming week we can see a bearish moment in Nifty Nifty having strong resistance at 17300 and nearest support at 17200,17000 (open interest data). Next support at 17098as per 200 EMA ( Moving Average). Next reversal level would be 16800 on Bottom Please trade...
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
In this video - 1. Market move - Psychological level - Buyers trapped 2. Current trade positions - Trade Management 3. Views for upcoming week - Highly bearish as dip buyers badly trapped Please do boost, like, share & subscribe. Also do comment your views for upcoming days / weeks.