Nifty Mid Term Idea for March MonthHello Everyone,
First happy Holi to all of you... We had seen a massive blood bath from couple of weeks and main question is when it will gonna to stop and where is the bottom of index, Well Index is currently trading on 10450 . Remember this is the weekly support and the harmonic prz area but Trend is always been strong then any support and any from the any pattern . Trend is not gonna to reverse until we did not seen a consolidation phase. Keep an eye on 10k level if its break then we will see 9400 . next couple of weeks is so Important to watch . Investors and swing traders keep patience you guys will get a great opportunity in buy side but let the sustain index at first .
Regards
Virendra
Niftyshort
Nifty Intraday Trade Setup for 25th February 2020Hello all ,
corona virus Threat is being worst day by day and it's affecting wold economy. Intraday Trades must be alert in the buy side . Our Harmonic PRZ is on 11684 so index has lot of space in down side . There is 2 sell range
1- 11800
2- If Index shows any up move at first half and reach 11900-11925 then sell from top
Nifty Intraday trade setup for Tuesday 11 February 2020Hello all,
Nifty has made a narrow range in last 6 hours of yesterday trading session . Uper side level is 12045 and down side level is 11990. This range is gonna to be important for today trading session . Long build up above then 12050 and open a short lower then if 11990 broke.
Nifty Intraday Trade setup for 07 February 2020Hello Everyone ,
We had seen a bull run yesterday in Bank nifty index but nifty is steady on their resistance . Remember Nifty decide the market trend and momentum . Bank nifty most of run is trap and setup from manipulators as you can see that Nifty has made a spinning top candle on their resistance area. Yesterday candle high low is very Important for today intraday. Wait for 12160 to build your long and short opportunity can get below 12080
Regards
Viru
Nifty long term viewNifty is moving down as posted in the previous update (link attached) which also has the short term view. For the long term, it seems that this move could eventually go to 10,000 giving an expanded flat pattern or 10,300 in case of a truncation.
(There's a remote chance that this is the start of a bearish market, but that'll get validated later).
NIFTY50 WAVE ANALYSIS 10 JUN 19Hello Traders,
Over all around world Equity markets are Gained some percentage in 2019, Nifty also gained nearly 15% from low of this year. But we looking in the medium term pattern Nifty in ABC corrective pattern.
This ABC corrective pattern reaches its saturation point as per my point of view. I am looking for 12230 to 12250 level act as strong resistance and this to again 10000 level on second half of this year.
My Entery Point On Coming Months:
SIDE : SHORT
Sell @ 12230 -- SL @ 13000 -- TP1 @ 10800 -- TP 2 @ 10000