SGXNIFTY Sell now Top out and market need some correction to break above, so SGX will come down to pull back high, so as of now sell till the shown support line.
Falcon Waves ABCDE pattern on SGXNIFTY
Plan your #Nifty50 trade with me on Trading View
Looks like we are going down in wave B and then will go up in wave c followed by wave D and consolidation E wave
Assuming Nifty Financial Services (FINNIFTY) opens between 17700 and 17600
Long Position
If there is a closing above 17710. We will be initiating a long position for targets of 17770 and trail for target of 17880
Short Position
If there is a closing below 17600. We will be initiating a short position for targets of 17552 and trail for target of 17432
These are...
Hi this is Vijay Shrivastava
And this is thinking 🤔💭
I try to compare SGX NIFTY WITH NIFTY 50 .
Sgx nifty try to move up but it's travel in side way zone yet .. 17730 target 🎯 should broken by sgx nifty and this trading session sgx Nifty should cross 17780 level then we try to take up position in nifty and Bank Nifty otherwise if Sgx Nifty block 17701 level then...
Hi Folks,
In hourly chart, Sgx Nifty has formed a Bullish trend reversal price pattern called Inverted Head & Shoulder. For more detail do watch the video and don't forget to like, comment and Share.
#SGXNIFTY one smaller timeframe breaking out , also with support
Look like recovery possible
but also lot of gap inbig timeframe which might be covered
SGX:IN1!
Chart Posted is for SGX nifty !
All Looks Good !
Hold on to your Equity positions till it breaks the pattern.
Once it breaks we may 19886 levels, in near term !!!!
Bullish all the way !
The green trade line is support zone and red is rasistance zone.
Ager market Flat open hota hai toh hum buy side mai jayenge .
1st target 17720 aur 2nd target 17780.
Aur ager market bada gap up open hua toh 17900 ka target.
aur ager gap down open hua toh 17420 ke niche selling karenge.
Resistance & Support.
Sgx nifty showing resistance around 17460.
Now previous resistance around 17045 is a support.
It may retest the support and may bounce back to retest resistance again.
Otherwise it will form a bullish pattern below support and bounce back.
Nifty has touched the 18000 mark and reversed. Current reversal may see support at 17000, and 16650 levels. obviously, the 18000 mark stands as a strong resistance for the market. So all positions need this figure while building positions for this week. Powell statement shows US may further increase the interest rates which will inversely effect Indian markets
The index gave bearish sign on weekly chart
On weekly time frame formed a shooting star candle which is a bearish candle near resistance.
Profit booking at higher level is needed for further move.
Closing above 18050 will reject down move.
