NIFTY REVERSAL TRAJECTORYAS we fix the path of rocket by calculating velocity and time , I tried my level best to project the path of NIFTY with PA analysis .
Niftyindia
TORRENT POWER is too far from its POCThe stock seems to be having jitters of being too pricey. There has been formation of inside bar on daily and the stock is too far from moving averages thus a resistance on 20 EMA and thus a fall downward to the red line being 200 EMA would be easily achievable in coming time within 2 weeks.
NIFTY bearish as long as below 15300TGT for March month as shown in projected chart 14340
And if breaks this level then we may also see 13470
View negated if NIFTY trades above 15300 after a retest from upper trend zones
Nifty Buy / Sell Based on FIBO and GANN IntradayNifty view based on GANN and FIBONACCI
when ever market gives us 50 points profit then update Stop loss to entry point for safe trading
Sell at 15070
stop loss 15120
Target 14900
Asian Coming at strong supportAsian paint is now approaching nice and solid support levels. Keep and eye on XABCD with 1.618 FIB and XABCD with 0.886 FIB
Any investment buy from CMP till 2000 is a solid buy with SL as 1975
For F&O Long positions, we will wait until it formes some sort of Reversal patterns of break downtrend line and then we will have swing low established and we can inititate F&O longs with SL below established swing long.
Nifty Buy / Sell Based on FIBO and GANN IntradaySell nifty 14815
Stop loss 14845
Target 14670 - 14590
NiftyNifty now major support at 14700 if close or sustain below we seen 14500/14300.
Up side 15200 Resistance seen,
above15200 new up side possible,
not sustain above 15200 then again down side possible.
Nifty 50 Weekly View & Intraday Trade setup for 19th Feb 2021Good Morning everyone,
Hope you guys are doing great in the stock market and making some good money from our trading ideas. yesterday we have seen a clear downside move and our all targets hit.
Let's talk about the higher time frame.
=============================================
The main question is does 15,000 will hold the price or not? if Index failed to hold 15,000 then it will be tested first 14,750 then 14,250.
Intraday Trade setup
======================
This Index is Trading on Crucial point and trading on the harmonic PRZ, Do not relate Intraday idea with daily frame. The index is in correction mode but a bounce can be accepted from here and today's idea is based on it. The Important level is 15,160 and 15,060.
Open Long above 15,160 and short lower than 15,060
HPCL -- Every chart is saying somethingWeekly trendline Broken
Price volume breakout
Inverse head and shoulder breakout
Harmonics in place
Full of confirmations.
BPCL is looking very strongTriangle breakout
Harmonics in place
RSI gaining strength
Give that RSI level breakout and we are looking for 480 and 525 Sl is 395
Nifty 50 Intraday Trade Setup for 17th February 2021Good morning everyone,
Hope you guys are doing great in the stock market. Let's talk about our last idea based on harmonic. All targets achieved and we had seen a dot reversal from our harmonic PRZ in yesterday's trading session. Now the main question is the yesterday's negative sentiment will continue in today's trading session. As per technical, There is 2 majors level to watch in Intraday. 15,200 is Important support and 15,350 is an important resistance.
You know the levels now but it will not help until you have not proper mind setup and trading sense. What do I mean by trading sense. Let me explain
1- 24 hours left in the expiry
2- The index is still in the uptrend.
3-Yesterday sentiment is negative and it manages the call and put price
4-We are getting 150 point range which is big as per Intraday view.
Conclusion: A clear sign for a sideways market in today's trading session. The index will be trending only if these levels break in the first hour and sustained. so follow the levels strictly.
BajajFINSV ShortHarmonics with 1.13 FIB level and EW 5 wave impulse sequence is highly likely completed.
RSI Bearish Div
Short with SL as 10400
Tgts are 9650, 9500 and aggressive tgt of 9450
ASIAN Paint short1.618 Harmonics Level, confluence with FIB projection of 1.618
Below 2372 Short is on SL is 2415 (2425 Safe)
Possible tgts are 2275 and 2250
AXIS Bank ShortAb=CD and XABCD, FIB Projection and Reversal confirmed.
SL is 800
Tgts are 725 and 700
