Hello Traders, because of „Labor Day“ on Friday, the stock market was closed. So I take NIFTY futures to show the developing structure of the waves. As I wrote before, the move from the March low (7377) is countertrend and develops within a „wedge-shaped“. It broke above the upper trendline, a so-called „throw-over“, and reversed back into the channel, indicating...
Nifty (IND50FUT) looks in WXY pattern from major daily high. It starts under-performing this week and within triangle. It may possible it breaks upside and fade it immediately to go down for major Y down. Let’s wait for further confirmation by market itself. It's currently under-performer.
Niftytarget14000 hashtag Nitytarget14000 Start Accumulation Nifty will Reach 14107 Nifty has created a good opportunity for next 8year cycle
ONE can start accumulation here or next 8 years. Sooner than Later Expect NIFTY to touch 14107.
Call No. 31 Nifty Buy @ 11100 Stoploss @ 10950 Target @ 11550 RR 1:3 Note : All calls has RR more than 1:2. Do not risk more than 1% of equity on every call. Please follow stoploss religiously.
Hello Traders, today I`d like to show you the NIFTY50 Future contract (Current in Front) to give you a quick overview of what could be next. At the 120 min chart there is to observe, that a „five-down“ was done @ 11917 was done, and a countertrend move started. My „problem“ with that move is the „deep retracement (<88%) that the future did maid, what makes the...
refer chart for details
Post a quick day trade for India Nifty futures. Strong Bull trend is in charge and Long is the only direction to look for during pull back.
This is a classic Flat pattern NSE:NIFTY is in the making. I used the Futures chart for continuity/ least gaps. The initial 2 legs A, B are done and Nifty is now in the C leg. Now that there has been a big move, there is a good chance that Nifty will retrace. Once the pullback/ retracement is done, it could go down to finish the C wave, at levels close to A.