Theraiders
NIFTY view for coming daysNifty 50 index view for upcoming sessions.
DAILY Time Frame (TF) -
Trend - Up
Direction - Down (Forming HL)
Upcoming - HL (Tested Extreme HL Zone Once)
2/3/4 Hr TF -
Trend - Up
Direction - Up (Forming HH)
Upcoming - HH(Pending Retracement)
1 Hr TF -
Trend - Uptrend Reversal (To be Downtrend)
Direction - ?
Upcoming - LH (Pending break of previous LL)
15 Min TF -
Trend - Downtrend Reversal (To be Uptrend)
Direction - ?
Upcoming - HL (Pending break of previous HH)
5 mins Uptrend
Summary -
Market is turning Bullish in lower TF
Higher TF like 1 Hr is waiting for LH which maybe formed around 25342 - 25432
Further stretch can also lead index to extend till 25682
Motto is to form a HL which needs to be below 30th June High (25669.35)
Conditions -
LL in 1 Hr is intact (24337.5)
Low in 15 min is intact (24337.5)