The price has exhibited significant bullish momentum starting from the 19,200 levels. However, before attempting to challenge the bearish gap left at the all-time high (ATH), it's likely to experience retracements towards previous resistance levels. Should these resistance levels fail to sustain upward pressure, a notable bearish reversal could...
Nifty index, After breaking a trendline failed to move upside.... Now after 3 successive gap ups price tested the support again and showing us strong bullish in action. multiple times price taken the reversal from 19500 levels... this level is failed to take the price downside... If this strong bullish momentum will clears an obstacle to reach the bearish gap...
The nifty index is at important zone of support..price tested the same zone multiple times and now showing strong bullishness towards upside. If this rally continues price will again reach to the top side.. If price breaks the support and retest or retrace will enter in in short side. wait until break above or break below to continue upside or bottom side.
Price has to reach the Daily Supply which is the target of this Buy Trade, incase if the target is achieved first this buy trade becomes invalid, Price has grown exactly from the entry point and there are unfilled orders for which the Price has to retrace back into the demand. A very high probability Trade. ENJOY THE RIDE
Time to Buy nifty for long traders. Next target 1 will be 19666 and Target 2 will be 19778.
Nifty :: Today price broken the channel and retested...showing bullish momentum towards upside.. if this momentum continues or reversal takes place.... what pivot points are suggesting us :: If we see on the Monthly Chart price is broken the R1 with consolidation with a up channel... Resistance R1 is placed @19440 level broken and reach the R2. if we see the...
Nifty has broken out of a Cup and Handle pattern on weekly timeframe after consolidating around the resistance area of 18600. Going by the depth of the cup, we can estimate a target range of 21000 to 22000 in the coming months along with minor corrections on the way. Broadly, 18600 should be the strongest support for the rest of this year. With the softening of...
price again broken the ATH,strongly but falied to take the price up... a strong gap up is observed from this level...2 times gap up is observed...it's telling us to buy at this place... until the trendline has been broken strongly and retest then only sell side is possible... on bottom side we have gap at 19200 level...which may acts as support.. if the previous...
Observations:: price has broken the strong resistance @18900 without giving any retracement. price moved continuously with gapup and continuation format. from last two days price is in a range and today again the range is broken... if this continue its momentum or will give us some pullback to the previous resistance. price created a demand zone @19380-19340...
Observations:: price is exactly closed in the supply zone....where price strongly fall from these levels. we have to wait before sell... price is again fall below,19410 level,and this level has to reject for more fall. yesterday price broken the trendline and retested...now we have to check fall happens are not. the area of value at 19380 level will push the...
Observations:: Will trendline acts as support ?? price action is completely in uptrend... today after open a gap up price fall happens strongly... buyers try to make the price higher but failed to close above 19400 level... we can consider this level as a resistance... price is now near its trend line....will see if this breaks or not. if price breaks and retest...
Observations:: If both failed price clears the 2gaps below. The Nifty index price is showing some bearish pressure in the previous ATH Resistance zone. If this fall continue towards downside or will break ATH. so if we see the below picture, price is forming a Head and Shoulders pattern, is this a sign of reversal. ok if it is a reversal, we have 2 bullish gaps...
Observations:: In Higher time frames nifty is still in Uptrend...so we are also be with the trend. The previous resistance 18650-18670 level, price exactly closed in this zone. if this zone acts as support, price will rise again.
NIFTY levels Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing I may be 100% wrong as its my personal view only.
Observations:: Price is exactly closed near the Previous Strong Resistance, If this acts as support will observe bullishness towards 18600,18700 levels. If price breaks 18700 levels, it may touch ATH as well...will see this later, it will touch or not. Until Keep watch these levels. We have a demand zone @18200,which is a strong demand may acts as support again.
Nifty has given a strong closing on Friday by closing above the Mid Channel line. The nifty has given a close just below a strong resistance of 18509. 18509 was high of Friday above which the Nifty could not close. One way to avoid this resistance would be to open gap up on Monday. If we open gap up on Monday above 18509 levels, the next resistance will be at...
Observations:: Price is clearly closed in the Previous supply zone. If supply acts as demand price is again bullish, we have one more supply zone below @18260 if this pushes the price up again bullish ?? After a strong consolidation price is bearish which is a sign of bullish again to test the supply @18500 levels. consolidation + down move= up side Look for...
-------->> Nifty Moderately turned to be bearish. ------->> Price wants to test the supply @ 18340 levels or continue to fall back to below 18000 levels. -------->> If price tested 18340 levels and below we have a supply zone @18260 level may acts as demand, will again push the price to higher levels. 18120 Level will push the price above 18200,18260 and 18340...