NIFTY index, 3 continuous bullish gaps indicating bullishness... Gap up opening and filling the gap and again gap up opening ... this happens in the last 3 successive sessions.... In higher time frame price action is still bearish, After a strong break above the 19500 levels... a strong fall is observed up to 19300 levels... the liquidity grab on bottom...
Nifty will be gap up opening in today's session. After opening nifty sustain above 19320 level and then possible upside rally up to 19440 in today's session. in case nifty trades below 19270 level then the downside target can go up to the 19150 level.
Nifty daily chart as per ICT prospective: For swing trading prospective Nifty is in downtrend on daily chart and will face tough resistance in the zone of 19550 till 19900. Hence while Nifty is in 19550-19900 expect consolidation and bias towards down. The long term trend would turn positive ONLY above 19900. Till that time it is sell on rise.
After a strong bullish gap...price reversed and entire day is trading in a bullish channel... at the end of the session broken the channel and retested... It has broken the trendline as well... so tomorrow opening is very important for us...to be bullish or bearish... If opens down and continue will enter short side on retracement... or opens down and unable to...
Key level of resistance, (broken trendline and retested candle)... if the index further wants to fall again this has to push the downside... so keep an eye at this level... It may again have a chance of test the above level of resistance... keep look at these 2 levels... After a breakdown price is giving us some retracement...look for sell in this area... if...
28 AUGUST ANALYSIS: Daily analysis: PS-Position size Nifty opens: side: if it gives breakdown (2 step - 30+50) gapup: buy if it gives breakout after consolidation (2 step - 30+50) gapdown: sell after price-action(100%)
Weekly Review Nifty 50 continued to fall for the 5th week straight. The index has retraced -3.64% from its all-time highs. Although in mid-week bulls tried to outnumber the bears as index witnessed a good rally till 19,585 levels but was soon rejected as it faced huge selling pressure pushing the index to 19,265 with a gap down opening the very last day of the...
Hello Traders, My next week planning to trade this stock is in two parts first in form of marking that you are seeing. Second is how to trade these marking as entry and exit . That you can check below.
Nifty's unsuccessfully attempts to break free for down trend was successful in breaking one down trend but the next trend line and resistance near 19584 was too tough for it to conquer. As Nifty was unsuccessful in breaking the trend bears capitalized and brought the nifty below both 50 and 200 hours EMA. Now Nifty rests on delicate support of 19365. This is a...
After a strong fall from the 19500 range price is again retraced back. If we want to go for short wait until price breaks the trendline and retest.... until don't go for short side... A fake breakout may also happens at 19500 levels...keep safe. keep observe this line...
Nifty will be gap up opening in today's session. After opening nifty sustain above 19450 level and then possible upside rally up to 19550 & this rally can extend for another 100-120 points if it gives breakout of 19560 level in today's session. in case nifty trades below 19420 level then the downside target can go up to the 19300 level.
Bank nifty triangle breakout and sideways going to breakout now, ready to move towards 44450 now
nifty short zone 1- 19535-19579 nifty short zone 2 - 19717-19677
Nifty will reach 19458 at 1:30pm orelse at 3:15pm.
Nifty will reach 19102 on 21st Aug 2023 10:15am orelse 22nd Aug 202311:15am
Nifty will be FLAT opening in today's session. After opening nifty sustain above 19400 level and then possible upside rally up to 19520 in today's session. in case nifty trades below 19350 level then the downside target can go up to the 19230 level.
Bears can hold the bulls advance until they settle around 19,300-19,380 levels which is both a support and a crucial resistance for any further rally. The index is currently looking at 19,194 due to weakness in macro and technical levels
Hello Traders, This is the next week trading plan in this stock for next week. Perhaps you could get it, for more details check below.