long term its buy side but we see some down side now so short now and double your cover at given lavels
Hello Guys I mention my view on the chart Thanks !
ON 25TH JUNE EXPIRY WE SAW A MULTIPLE REJECTIONS AROUND 10300 LEVEL. IF NIFTY HAS STRENGTH LEFT TO RISE IT WILL TRY TO 10355 LEVEL AND IF SUSTAIN OVER 45 MIN IN MORNING TRADE IT WILL AGAIN TEST 10530 LEVELS . IF CONSIDERED IT DOES NOT SUSTAIN 10355 LEVEL IN FIRST TRADE IT WILL LOOK FORWARD TO TEST LOWER LEVEL AROUND 10089 & 10013.
sgx nifty June future is showing positive flag pattern most probability is upside breakout
Hi traders, here is my analysis on NIFTY market. Share your views in comments.
Sgx nifty started consolidation and 20MA is about to cross 200MA If crossed,small bullish consolidation begins till break trend line
I believe that SGX nifty is on his fifth wave. Global news are positive as of now.already US market recovered and in positive for the year. so far SGX nifty is under performing. banking sector is the main reason to drag the nifty down. most of the banks in nifty index are corrected and in over sold position in last 2 weeks. on following weeks banking sector join...
trading in perticular range when positive sentiment will come , posibilty to give upside breakout and make new value area.
if global sentiment is positive,sgx above chart should be correct
SGX Nifty SGX Nifty is currently forming a Broadening descending formation. Looking at the pattern, it looks like the bears are taking control of the market with bigger red candles than green ones. With less than 12 hours to SGX open, it would interesting to watch how the pattern plays out and how it affects the Indian NSE:NIFTY on NSE open. I am expecting a...
We can see the positive side for a while, there is a short term pull up based on 1hr chart of Nifty. Possible Position Nifty Opens at - 9110 - 91130 ane extends gains to 9220 Nifty Opens at - 9110 but is unable to take the buying pressure which makes it again go back to 9000 Level. Personally, its a bounce, hope you can trade well.
Nifty close last week - 8 May - 9,251.50 Today - 9,142.75 I believe, the downward spiral has started, we may see nifty closing today at 9050 levels but giving it a direction to move lower.
SGX Nifty (IN1!) has completed A and B of ABC flat correction. C will be possibly elongated wave of major Y wave down to new low. Will watch closely how price made the 1st wave of C down.
WILL NIFTY GAPUP OR GAPDOWN REMAINS THE QUESTIONS... GAP UP AND RETURN BACK TO NORMAL...
SGX NIFTY futures is making ABC wave correction pattern. B is flat and C wave is already started moving down in 3rd wave. It should be faster down once B wave consolidation broken down.
Clear bear chart - can see an up bounce till 9310, then further weakness is expected. If we break 9310 on the upside, 9550 can be seen for once.