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..
It looks Like RSI on Nifty Hourly chart has cooled down and is set for another rally. Once the Nifty and if the Nifty is able to cross 20946 and close above it on hourly candle, we may see Nift rise towards 21026, 21125 or even 21254 within a short span of time. Supports for Nifty on the lower side are 20867, 20813 and 20763.
Hey Everyone, In our view 19000 region remain important and I think price will fall within this week. once it falls at our region we can then take swing buy entry up towards 24000 region which will be area where sellers can aim at. Please like and share!
if you have any holdings make sure you book your profits. you have to know when to book profits and when to not.
Keep in long even if price comes down. as long as price is in a channel keep in long side only.... no sign of bearishness as of now in nifty... If 19700 holds then it will soon touch the ATH. If price breaks the channel then will thin of short side, after a retest is done. Thanks for your support and Encouragement. Trade safe.
Nifty formed a Head and shoulder pattern and now in retesting area, new sellers can enter with conservative mind. Target mentioned in chart kindly check it.
As Nifty has been continuously increasing for the past four days, it has been purely seller day. The market is consolidating in a range of 70-80 Points. We have performed Top a top-to-bottom approach where we see a trendline that is marked over the chart. Nifty seems to touch the 19550 levels by this week's expiry. Reason: Price > EMA(13,50,200) (Bullish) ...
NIFTY was quite Bearish yesterday as we discussed the levels and trendlines respected quite well. a short trendline is broken to downside and selling presure was more to downside, by looking of the trend yesterday nify seems bearish for this week. Reason: 200 EMA Resistance (Good Resistance) (Bearish) Price Action Resistance (Red Zone upside) (Bearish) ...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
As Expected ( Please refer to the linked post) Nifty opens with an up gap at 19521, which is near immediate resistance i.e. 19544-19550. Since it was a gap-up opening of approximately 100 points and near resistance, creating new long positions immediately makes no sense. Why was I expecting a Gap-up opening today? 1. Prices bounced twice from the support area...
The Market gave a good rally in past three weeks making 3 white soldiers on the top of the chart indicating a fresh breakout but in upcoming Fed's policy and parliamentary session will be watched closely by the market and it can consolidate to cool of some overheated indicators and then we can see a further breakout. Market structure remains bullish but some...
Nifty Spot : 19819.95 Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option Level One Week. Draw Buy, Sl, T1 to T5 Lines In Your Broker Application Trailing Purpose Only. Option Strike : 19800 CE : Buy At : 98, Sl : 64 Target : 122 Target : 147 Target : 172 Target : 196 Target : ++++++++ Option Strike 20150 PE : Buy At :...