INVERTED HEAD & SHOULDER PATTERN FORMED IN NIFTY
NIFTY has been in a range of 11,200 - 11,300 during I week of OCT. Brake away upside is more likely coz on 5 Min chart there is an inverted H&S appear. That has a clear TGT of 100 - 150 points (Equivalent to 100 - 150%) of the range-bound move. However, if we see any GAP Up opening towards 11,360 - 11,370 fed it first for 11,300 - 11,315 and again go long for...
NIFTY Futures- expectations is a rotational bias and consolidation. Expect a consolidation and rotation day here. 1. Support near 11190-200F for a test back to 11240F 2. Hold above 11240F for a test to 11300F and rotation from there 3. beak above 113330F or below 11190F Primary Bias: Pullback Shorts
NIFTY we are hitting the resistance areas and is likely to see consolidation and rotation play today. 1. Hold of NF 1255F areas we are likely to see consolidation and rotation to the downside 2. A pullback and test of 11140F areas, and a rotation on the upside from there.
NSE:NIFTY If the red line breaks We are looking forward to test 11000 levels Tomorrow is important day , Finally after side ways plays of market we are ready for some trending moves Views invited NSE:NIFTY1!
NIFTY Futures we have formed a low at a crucial profile reference for the year. 10800 remains as a nice profile region. 1. Core scenario -Hold of that we will look to test back to 11050-11100 range. Ideally that should hold and we will likely consolidate in this region before a break out happens 2. Hold into 11050 we will look to rotate higher to test 11300-350...
Sell 10930 stop loss 10975 target 10840 / 10800 Buy 10708 stop loss 10660 target 10800 /10840 which ever entry triggers first go that side and leave the other view Fibonacci and Gann always rocks follow us , support us and research with us
Nifty Trading at Long term swing support price 11011. if break then Nifty may touch 10800.
Sell 11135 / 11160 stop loss 11202 target 11074 / 11028 Buy 10935 stop loss 10885 target 11028 /11074 which ever entry triggers first go that side and leave the other view Fibonacci and Gann always rocks follow us , support us and research with us
NIFTY if 11K broken In coming day. Dont expect on Month end expire.
sell 11317 stop loss 11350 target 11254 / 11222 Buy 11161 stop loss 11135 target 11222/11254 which ever entry triggers first go that side and leave the other view Fibonacci and Gann always rocks follow us , support us and research with us
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Nifty and BankNifty both are falling for the past 3+ days and now the chances of consolidation and profit-taking have risen. The red volume on the downside has been continuously increasing showing the participation in...
NIFTY Futures key references are at 11320F and 11250F. 1. break and hold below 11250F for a test to 11180F 2. Hold above 11250F for a test to 11320F areas and a rotation from there. 3. Hold above 11370F for a move to 11450F
SELL NIFTY AT CMP TARGET 11150 SL 11256
Global selling, bloodbath incoming? break below 11050 📉
NIFTY has immediate trend decider at 11490F for a bearish or a range bound view after the late breakdown on friday. Continuing to trade longer below the 11550 areas we will look for more bearish inflections. Immediate swing hurdle lies at 11530-550F areas. 1. Downside potential targets are are 11450 ( Friday Low ) and 11550 2. Hold above 11530 can see a pull...