BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
NIFTY just touched the recent low, but RSI is making higher low. This pattern has strong success rate. On top of that, the last bar in 30 min chart is pin bar, which is also a strong reversal indicator. Looks like good time to initiate long again, with stop loss below recent lows.
formed a falling wedge on a 4H timeframe.. Broken upwards and shooting up.. RSI formed an ascending triangle and shooting to the resistance base of the descending triangle..
HI EVERYONE! NIFTY FORMED DOUBLE TOP IN 1HR TIME FRAME IF IT BREAK NECKLINE 11411 TARGET 11342 THANK YOU! KEEP SUPPORTING!!
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
NIFTY took nice support last week. Then it came up and now again at resistance levels. The look at chart patters is showing a immediate breakout about to happen. We may see 11700 soon, within next few sessions and then even 12000 by end of this month is not ruled out. The outlook is pretty positive about a strong up move.
NIfty is taking support at 11200 (spot prices). Whereas more calls are being written at 11250 strike price (as per NSE website). So, though the market is not moving much on up side. It looks like unless 11200 is broken decisively, it is consolidating at current levels and we will see more within next couple of trading sessions. Tread carefully.
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As Mentioned in last week's Idea posted on August 9th to Short Nifty from 11160 , this is a follow up Post. Nifty Broken the Very strong Trend Line which is supporting Nifty from Dec'16. (33 Months Trend - broken) and all set for new Low's. Keep Following me for regular Updates.
Nifty broke out out of the consolidation and has chosen to follow the orange path as shown in the previous update. This is also in line with the Nifty wave count posted earlier (links attached). The wave (v) down now seems to be subdividing. We have the following wave relations: (ii) > 0.618*(i) and (iii) = 1.618*(i). Thus, 0.38*(iii) <= wave (iv) <= 0.5*(iii)...
Every Pull back towards 11450 /11600 /11750 of current move is Best Sell for fresh round of selling towards 10200 and even 9250-9450 levels . *** This is View and not trade and this is solely for Education purpose.
Looks like we have formed near term bottom here. My sentimental RSI has turned green. So don't short nifty now , be long. 50 day moving average around 11500 can be big resistance. I wound but Aug 11000 call option and sell 11500 call option. Going long has high probability on making money. Happy Trading !!
My sentimental RSI has turned green , don't short Ashok Leyland now. Also my sentimental volume indicator also show's green , this mean volume has increased with the up move in last two sessions. Happy Trading and Investing !!
This shows the internals of the expanded flat, as detailed in one of the previous updates (link attached), that Nifty might be forming. This is a rather far-fetched view and the view is correct conditional on Nifty following each of the above arrow. At this stage, this seems to be the most likely future pattern.
As posted in the past couple of updates (links attached), Nifty reversed from the 161% FE after completing an Ending Diagonal pattern at the end of wave 3 (as shown in one of the links attached). Wave 4 target is atleast 11,246 and at most 11,356. This move could be slow and choppy and hence either one can long a future with SL of wave 3 low or just ignore this up...