Our debut message below (published on Thursday, 07/30) explains the notation and how to interpret the trading plans we publish, and who we are in this space. This is the Trading Day-3 of our limited test-launch for the Indian stock market NIFTY 50 Index. Appreciate your feedback and comments.
Good luck with your trading today and have a great week...
NIFTY IT - we can clearly see Higher Highs and Higher Lows on daily basis from past week .
Keep an Eye on INFY / WIPRO/TECHM/NIITTech/TCH / HCL Tech
Spend few minutes looking at past week charts of these stocks
Hello all ,
corona virus Threat is being worst day by day and it's affecting wold economy. Intraday Trades must be alert in the buy side . Our Harmonic PRZ is on 11684 so index has lot of space in down side . There is 2 sell range
2- If Index shows any up move at first half and reach 11900-11925 then sell from top
Nifty’s recovery from Rs.10,557 has neutralized the immediate bearish outlook put forward by rising wedge breakdown and the short-term outlook would turn bullish should the price find acceptance above Rs.10,786 (today’s high).
The 50-share index closed 0.19 percent on the day at Rs.10,753, keeping the descending broadening channel intact, as seen in the 4-hour...
Nifty is In Downtrend Channel which is formed in Dec 2017.Now Nifty Has broke uptrend channel formed in March 2018. Nifty hAs strong Support at 10466 which is 200 EMA and also 50% Retracement at 10450. So buying can be Seen Near 10450.So This Week I will Wait for this level to Buy and to Short I will wait for 10674-10700. If Nifty Dont Sustain and Break 10450 then...
We have seen profit booking is the last two trading session which was expected. I am still bullish on Nifty and my strategy will be buy on dips still it doesn't cross the H4 Trend line and daily support of 10428.Thanks to Mr. Trump and Syrian controversy that nifty will open gap down on Monday. I will recommend buy on dips.
Recommendation- buy Only near 10425 with...
The previous high nifty made was @ 10137 on 2nd August 2017.
Now it is about to test the same high again. There will be strong resistance between 10137 to 10150 (being round number).
If it closes above 10137 - 10150 on daily chart it should be a buy with stop-loss at 10128 (...giving cushion to avoid whipsaws).
If it tests 10137 it may retrace to support @...
Technically, Nifty is expected to bounce from support of 9685; and if it successfully does so then the next target would be 10128 for the 5th subwave of the 3rd.
My only concern is the bearish global market sentiment due to geopolitical tensions between US - N.Korea and India-China Doklam standoff heating up.
If the Nifty trades below 9685, I would consider it...
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,
Now lets deal with the analysis in weekly time...
Let's start with Britain's referendum polls. No one is sure what will be poll results, Its Neck to neck between BRemain & Brexit. What Nifty will do inline with poll results ?
If Bremain happens - Nifty Gap Up ; If Brexit - Nifty Gap Down.
Rare case : There is possibility of Nifty ignoring the result as India has some vested interest in both scenarios
Greetings Traders & readers,
ONE Happy news for all, from this month we are about to release FREE insights on NIFTY FUTURES for current contract, in the beginning of every month - starting today...!
As you can see from the chart we are about to discuss the analysis on NIFTY in weekly time frames
but before that lets also...
Sorry for the discontinuity as we were engaged in some other obsessions
Now to the Analysis,
You never understand a movie by missing a half of it , so don't miss it
THE LONG AWAITED YEARLY ANALYSIS ON NIFTY IS BEING PROPOSED & the same is gaining attention of all fellow trader. why miss your seat. check it out here,
Nifty is expected to sink now.
There are many reason why we feel it may sink.
01. It is already trading below quarterly Target 03.
02. Bearish Engulfing in weekly chart
03. To sink and come near 6943 to 6880
04. Stoch RSI (3,3,14,Close) clearly states it may sink.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is also sinking.
Keeping all the...