22650. Who are these straddle writers who believe in the fables of the fall of Titans? Depending on the Pre market open price, we can see when they will run for cover. Not IF, but WHEN. Let us see if we can gather enough buyers to take out the fabled 22800 short sellers today. Most likely it might happen by the end of the day.
These levels are more accurate in 1 min time frame. Treat these levels as important support and resistances. DISCLAIMER : THIS IS JUST FOR EDUCATIONAL PURPOSES.
This is the Monthly chart to understand the biggest picture for Swing positions. This is a Potential Weekly Demand which has the power to turn around the game in the buyers side. Now in order to reach this Demand Price needs to reach some Supply and then retrace down into this Weekly Demand. Further down in Daily chart we see there is a "Violated...
These lines will act as an important support and resistances for the candles
This is not an investment advice or recommendation, It's solely for Educational Purposes. This is the bias for Nifty for now. Market Structure is positive, will be working on the most probable setup. Expecting some retracement before continuation of the up move. Spotted this inverse head and shoulder structure. A high probability for long side trade.
These the are 3 most probable paths for Nifty to move forward. We are bullish right now, however there's still room left for retracement. We can look out for longs once we confirm that the retracement is complete. If selling stays strong and market structure shift bearish, then we can continue looking out for short side entries.
#ZENSARTECH ZENSARTECH Good for Holding around 6 TO 9 Months ..... Current Price at 621.50 ......... Keep SL at 594.35 .... (On Closing Basis ... Means ... Daily Candle closed Below 594.35 )….. After Close Crossing 644 …. Trail SL to 639 Targets are Shown on Chart in Greens . Key Partnerships Cloud Computing: The co has partnered with Microsoft Azure, Adobe,...
Pair : NIFTY 50 Index Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves
Nifty important levels and trade plan for Thursday, 7th March In daily time frame Nifty is in uptrend, and for tomorrow, we will look for mainly bullish trades, as there are plenty of support levels too. However, we may enter into bearish trades, if necessary, with limited quantity, and for very small targets. There will be resistance zone between 22497 and 22514...
NIFTY INDEX is at crucial support at trendline... after a long time consolidation, price moves upside. DROP BASE DROP is observed previously... BASE acts as resistance it will fall back to below demand zones... we have a strong demand zone lies at 21700 levels... so tomorrow we have to observe this base bottom is pushing the price downside or not... by...
Nifty index is showing strong bearish pressure from the 22200 levels. A drop base drop is done. Price tested the demand zones at 21960 levels . now it is ready to move again or fall back to below trendline to grab the liquidity. On bottom side, strong support at 21800 levels with an intersection point at trendline... this is likely to push the price...
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling...
today Nifty witnessed a gap up opening, however it failed to sustain at higher zones thus small profit taking move did took place at higher zones GOING FORWARD: expect consolidation in index here-onwards in between 22000-22400 zone sectors like BANKING, IT , likely to do well
Nifty index is showing strong bullishness. Price breaks the All time High again and printed a New High. An Impulse move is identified but no corrective move detected, so those who wants to go long again, wait for the price to retrace back. wait for reversal in NIFTY index. Keep in long side as long as price in a...
A Strong impulse wave is identified in NIFTY. Wait for the corrective wave to continue its direction or reversal. After corrective wave will decide further direction of NIFTY. Now it is at Resistance zone. will see tomorrow outside bearish candle or Outside bullish candle forms. Because liquidity lies on both sides. Until price breaks the 21800 levels no...
Nifty is now at important zone of resistance. this is the place to continue its direction or reversal. If you want to go for short, wait until the price breaks the trendline. A strong bullishness is observed from 21500 levels, on bottom side side we have strong demand zones lies in the range of 21400-21300 levels... if price breaks the trendline these demands...
Nifty showing strong bullishness from Golden Zone... price is now at breakout level, if price breaks above then liquidity on topside will done at 21880 and 21950 levels. If price unable to breaks the upside...a Drop base drop is going to observe from this levels. On bottom side we are left with bullish gap 21400 levels... if price unable to break above price...
NIFTY Index is now at golden zone of fibonacci we are still left with some more points on the bottom side at 21500-21520 levels... previously a strong bullishness is observed as well from this zone... price is also trading narrow in a trendline most chances of breakout from this levels... wait for the price to break the trendline and retest for longer...