understanding trends through support and resistances.
Nifty Update (08 September 2021) ================================ The market snapped its three-day winning streak after a volatile session. Here’s the trade setup for today: 17,440 is an important key-level for the day as Index has tested the level multiple times & took resistance. We going to open a long position only above 17,450 if the price closes and...
understanding trends through support and resistances.
Hello Welcome to this analysis about NIFTY , we are looking at daily timeframe perspectives. NIFTY in recent times heavily increased with Bullishness however it now moved into an overbought condition. NIFTY is developing here that will be a decisive factor in the upcoming times. I discovered the main formation NIFTY is developing here that will be a decisive...
understanding trends through support and resistance.
Nifty50 Prediction and Analysis For Tomorrow Nifty50 Spot Levels to watch out for trading on 12th Aug 2021 Long Opportunity: 1. Price breaks out of 16295 and retests the level again is a good support to go long Short Opportunity: 1. If Nifty Opens with a flat note then wait for the upward trendline to break near 16280 and show rejection. Once broken and...
Nifty traded in a wide range of approx 300 points today. Candle formed today is a Big range hammer candle. Candles Structure is of lower low, lower high. Gap resistance above hammer candle Price support underneath hammer candle. All above observations are somehow suggesting that the index might oscillate in a big range in the coming week, it might see selling...
NIFTY VIEW EXPIRY GAME NIFTY BELOW 14700 ONLYIF SUSTAIN BELOW THIS LEVEL NEXT POSSIBLE TRAGET- 14600 14500 +++
Nifty is retracing downside after the strong uptrend and here are the possible levels for Nifty 50 to trade around this week. The analysis is based on support and resistance and trendlines as per my knowledge and I do not recommend trading on the basis of this view. NSE:NIFTY
I can see an Elliots Triangle wave (ABCDE) pattern in Daily Chart.. Hope the small correction ends here and Nifty moves upward till 14850 levels in the coming days... Your comments are most welcome...
India's main index, NIFTY 50, hasn't broken down though these one hour boxes, on a closing basis, since the massive selling on December 21, 2020. A case for long NIFTY continues till the boxes keep getting marked up. It can't be gainsaid that this is a market, in which one should move with Stop losses on a progressive basis.
NIFTY MOMENTUM MAY CONTINUE, AVOID SELLING AT HIGHER LEVELS TILL WE GET SOME SIGN OF WEAKNESS. DON'T TRY TO PREDICT THE TOP'S, REMEMBER WE ARE NOT IN A HURRY