Following a contracting triangle breakout today, NIFTY zoomed up with a fair amount of pull backs which denote more than just a regular retracement. Over a larger time frame, one can observe NIFTY ultimately forming lower highs since it made the last all time high. Today, near the closing bell NIFTY made a double top and slipped down from what one would consider a...
This may be in the works for NIFTY ETF .. was put to my attention by a friend. 20k may be imminent . that 17k retest (1.618) was beautiful if taken as support previously.
Looks like a retest of the break out zone Waiting for the high 18511 to be taken our for confirmation Long with sl of close below 18400
Nifty Bank Is Still Running in Range From 6th April Strong Support - 37344.35 Strong Resistance - 37970.25 Now we have to wait for the breakout We can get a good move after the breakout NSE:BANKNIFTY
Hi Team, Nifty is giving a pullback rally in a downtrend... If it takes resistance at the upper channel line then we need to windup longs and look for a short opportunity.... Thanks. www.tradingtowealth.com
1. GOLD and Silver bottoming out, 2. DXY Breaking out of a double bottom, 3. INDIA VIX breaking upwards from a rounding formation Perfect troika for trend reversal? #NIFTY #EMERGING MARKETS #NIFTY50 #INDEX #TREND ANALYSIS
I'm going short bcoz Divergence bearish The flag pattern is common to go short The cup formed .....u might not know of it or like it but history repeats itself okay My indicators however are signalling a high I know prolly temp but long run this is Going down strong so entry isn't now but we gone wait n see Accumulation now distribution u feel
Thanks for reading my first post please leave your views, comments and opinions
Nifty cup and handle pattern 14800 strong support...16500-16800 might coming soon....
NIFTY seems to have completed intermediate wave (B) and it is now tracing wave ( C) up that should complete primary wave B. If this is the case, the most probable target should be around 10,300. FOLLOW SKYLINEPRO TO GET UPDATES.
HINDUSTAN PETROLEUM LONG 250-255 SL: 243 TARGETS: 270/282/303
Hey Guys, My today Idea for Bank Nifty Index, Buy if 27600 level breakout and sell lower 27250
We can open BUY near the end of red lines
A cypher pattern formation on nifty's daily chart can be seen. If the pattern goes well, NIFTY can reach 11,450-500 and then may show some weakness upto 10900-10950 Currently this indicates to for a long in Nifty with a strong support of 10,800.
Nifty Index Day Chart: If it is not a big event day like GST Bill, It is a short zone here with good R:R ratio. Unfortulantely we can't take risk here now.
Greetings traders & readers, This Analysis for the JULY contract is special because this is a part of our exclusive service Premium trade setups. To learn more about the Premium trade setup (PTS). click the link below, www.mytradingcourses.com Now lets deal with the analysis in weekly time frame and just understand what is happening over there. We have already...
On the daily chart, I notice a potential Harmonic ABCD pattern, it has taken support at 38.2 retracement with the extension at 2.818 in sight. Assumption is based on the current Bullish pattern. Important level to break on the up side will be at 18053. It this holds good, we can see it testing 19100 level as per the projection. PS - I am learning harmonics and...
Greetings Traders & readers, ONE Happy news for all, from this month we are about to release FREE insights on NIFTY FUTURES for current contract, in the beginning of every month - starting today...! As you can see from the chart we are about to discuss the analysis on NIFTY in weekly time frames but before that lets also take as deep look at the monthly...