Nifty trying to form a bottom after taking channel bottom support. Nity touched the bottom of our hourly channel and trying to consolidate in the zone. Major support for Nifty from here will be 21405 (200 Hours EMA) (Father Line) and Channel bottom 21285. If 21285 is broken Nifty may fall further till 21089 or even 20967. On the way up major resistances that Nifty...
NSE:NIFTY view based on Elliott waves. From the ATH, NIFTY has made a 5 waves down impulse which could be first leg of correction (A/W) and seem to be retracing the down move. Retracement should be at least 38.2% which gives 21606 and 50% is at 21705. After that it should head down!
NSE:NIFTY hourly chart shows 5 wave impulse down as of now. In this case, a pullback towards 21800/21900 should occur followed by another fall which should take the prices in 21300/21400 zone at least. Assuming this is wave A of the correction downwards, pullback would be B followed by another impulse C down. Note that this is ideal scenario and the correction...
Nifty is facing a channel top resistance and trying to cool down/climb down from the overbought zone. The Major resistance for Nifty going ahead are at 22056 and very strong Channel top resistance near 22124. Supports for Nifty on the lower side as it tries to cool down it's RSI will be at 21973, 21917, 21840 (Mother Line, Good support 50 Hours EMA), 21758 and...
NIFTY now in range bound levels,based on breakout will decide the next trend based on daily candle closing basis
www.tradingview.com HAPPSTMNDS : After a great fall and making 52w low, this is currently trying to exit from consolidation phase. One can look for medium to long term buy by keeping the StopLoss at 890, the first target can be 960 and then the next target will be 1015 and then 1120. These are immediate targets. The final target will be 1490. One can start with...
Nifty is trending higher and higher... Closing is given above the ATH again, If this is a breakout, in the next session it will continue its momentum higher again. If it is a fakeout,buyers trapped in today's bullish move. If a retest to the previous ATH Is given,and continues, go long, otherwise keep in short side, below the channel again.
Now price enters in consolidation zone. It will continue to move upside or reversal may happens from here. tomorrows price action is important for clear direction. keep safe from here.
Nifty 1hr chart nifty forming like Ascending Triangle Pattern nifty if will be go upside only one condition it have to break trendline firstly then it will be sustain on 21755 with good green candle..
For Crompton greaves we have prepared following setup CROMPTON GREAVES ENTRY AROUND 304 TO 315 TARGET 320, 327, 335, 343, 350 + ULTIMATE TARGET 400+ SL 296 AND 274 TIMEFRAME 6 MONTH WILL UPDATE STUDY AFTER 350
Nifty is taking a strong support at 21550-21500 and facing resistance at 21800-21750. Bearish breakdown will begin only if breakdown below 21380 and sustain for an hour minimum ...
Nifty 1hr chart double top if breakdown this levels 21513 to 21453 then it goes 21353..
Nifty 50 index today analysis . Market in 4 hr resistance area . 30 min forming Double Top . Wait for neck line breakout . Expected sideways forming .
Nifty also form hh and hl first resistance 21755 & second resistance 21834. It's very important nifty will be sustain on 21755 1hr chart or gap up on 21755 with strong candle then breakout it's will be make new high again..
Nifty will be gap up opening in today's session. After opening nifty sustain above 21730 level and then possible upside rally up to 21850 level in today's session. in case nifty trades below 21700 level then the downside target can go up to the 21580 level.
www.tradingview.com RELIANCE: As per technical evaluation, it is near its 52W high price. However, if we could see historically, it was in a range of 2000 - 2600 for a long time now. We can see, it has made triple top as well as rising wedge, but do not forget, there is a cup being formed inside and we should not forget. A good time to enter in investment will...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21680 level and then possible upside rally up to 21800 level in today's session. in case nifty trades below 21650 level then the downside target can go up to the 21530 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 21530 level and then possible upside rally up to 21650 level in today's session. in case nifty trades below 21500 level then the downside target can go up to the 21380 level.