Get started

Niftyoutlook

#Nifty Intraday Trade Setup for 16th April (Expiry day edition )Good Morning everyone, Yesterday we have seen a clear down move from our harmonic prz area ( 9255) . Nifty close on 8925 so almost 330 points in Intraday . Hope you guys aware from Indian Market. This Market is fully manipulated and operators works against to your emotions. Most of Retail Traders view is in bear side for today. I suggest do not make any view before the market Opening and wait for first hour to see the how market reacts. Global Market Impact ---------------------------- A- DOW down more then 445 point ( 1.86%) B- SGX Nifty is also down more then 110+ Point atm Let's see how our Market Reacts today on the above Scenario Trade setup for 16th April =============================== Nifty key support is on 8660 and it's a B point from an another harmonic patter. Pattern will be activated on 8660 breakdown. I am accepting a gap down today and we need to keep an eye on 8660. Short Position will be activated if Index sustain lower then it . Nifty Resistance Area is on 9140. Long position can consider above the 9140. You guys need to be aware because long has very less room in upside.
NSE:NIFTY
by CodeViser
3
Nifty Intraday Trade setup for 08 April 2020Hello all , We had seen an awesome move yesterday in upside. SGX Nifty is Open in negative today but it does not mean that Index momentum will be change. There is still room in upside as per our harmonic prz . Level is 8944-9034 so Nifty should be touch this level before to give a reversal . Today Trade Setup ================== Buy if yesterday high break. Price is 8825 In case market open Gap down and test 8690-8700 Then buy from bottom.
NSE:NIFTYLong
by CodeViser
1
Learn how to trade Nifty 50 Indian Index, locate turning pointsI am going to explain the basics on what to look for to learn how to trade Nifty 50 Indian Index and locate turning points in the stock market.There are many technical analysis trading strategies you could use to learn how to trade Nifty 50 futures and stocks within the Nifty 50 Indian index. In this video we are going to explain what you should be looking for on a chart, the basic characteristics of candlesticks patterns that will help you locate turning points in the market.It's very important to trade these strong impulse in the context of a bigger picture trend and avoid trading counter trend scenarios. How can you buy Nifty 50 futures index or Nifty 50 related stocks in an uptrend? First of all you must look for impulses strong enough to create a series of wide candlestick bodies in the direction the of the long term trend. The chart attached shows a few impulses drawn on Nifty 50 futures weekly timeframe, that means that every candlestick represents a week if time. By simply comparing the strength of those moves you will be able to locate potential turning points in the Nifty 50 futures index and related Nifty 50 Indian stocks. Trading impulses against the trend is not the best strategy since you will be going against the long term bias of the underlying asset or stock. How to buy Nifty 50 futures index? Well, locate these impulses and do a top down technical analysis before making a decision to buy or sell at these impulses. A single timeframe technical analysis is not enough to make a trading decision.
NSE:NIFTYEducation
by AlfonsoMoreno