NIFTYNIFTY closed below va
1. gapup 22320 wait for retracement fofr fresh long
2. 22320-22120 trade reversal
3. gapdown 22120 short till 22000
NIFTY1! trade ideas
Day Trader’s Post Market Analysis - Nifty BankNifty-23rd Feb ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:25 for Hindi Audio)
-No Trades in the morning
-Couldn't capture the big moves in nifty
-Nifty testing 22100 levels would have triggered buy/sell
-How will i trade when market opens tom
Nifty future hourlyAs expected Nifty opened gap up and started falling on wave C , so far it seems it is sub dividing in 1,2,1,2 to continue downwards on wave C as per EW analysis.
NIFTY NIFTY closed above va
1. gapup 22270 wait for retracement for fresh longs
2. 22270-22210 trade reversal
3. gapdown 22210 short till 22000
Day Trader’s Post Market Analysis - Nifty BankNifty-22nd Feb ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:47 for Hindi Audio)
-No Trades in the morning
-Good Volumes in nifty before 10
-Sold Nifty at vwap after 12 with volume candle as SL.
-How will i trade when market opens tom
Nifty hourly future chartNifty continues its complex correction pattern in wave 4 retracing all the fall today probably making an expanded flat correction hitting another new high today.
NIFTY ShortBroke the cup and handle pattern..so go short ...stop is the breakdown candle top close above...Looks like it will be a good short..tgt mentioned on the chart..
NIFTYNIFTY closed below va
1. gapup 22125 long till 22225
2. 22120-22040 trade breakout
3. gapdown 22040 short till 21950
NIFTY Shorty entry possibilitiesNifty has made a rising wedge and ready to fall lower. Expecting huge fall as a pre election gift for investors to get stocks at discount prices.
Day Trader's Post Market Analysis - Nifty BankNifty 21st feb '24Below mentioned points are discussed in my post analysis video(Fast forward to 0:31 for Hindi Audio)
-No Trades in the morning
-No Volumes in nifty in the morning
-Bought Nifty in the morning with sl day low
-How will i trade when market opens tom
Nifty future houlryas expected nifty raised on wave B and fell on Wave C. the fall can continue in the coming days till the bigger wave 4 is done.
NIFTYNIFTY closed above va
1. gapup 22260 wait for retracement for fresh longs
2. 22180-22100 trade reversal
3. gapdown 22100 short till 22050
Day Trader’s Post Market Analysis - Nifty BankNifty-20th Feb 24Below mentioned points are discussed in my post analysis video(Fast forward to 0:41 for Hindi Audio)
-No Trades in the morning
-No volumes in nifty.
-Nifty Gave a Reversal Buy Like Yesterday, But I Skipped it Again!
-How will i trade when market opens tom
Nifty future hourlyStill Nifty future in same zone, if high is taken out temporarily it can make expanded flat crossing high and coming down. expecting the correction towards 20800 to start by mid of this week as per the EW chart analysis
Gift nifty is in very imprtant zoneGift nifty is in very imprtant zone
Charts for educational purposes only.
Thanks
V Trade Point
NIFTY1. Gapup 22250 wait for retracement for fresh longs , 2. 22250-22150 trade reversal , 3.gapdown 22150 short till 22050
Day Trader’s Post Market Analysis - Nifty BankNifty-19th Feb ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:41 for Hindi Audio)
-No Trades in the morning
-Poor Volumes in Nifty
-Scalped Nifty once day high was broken-Poor R:R
-How will i trade when market opens tom
Nifty future hourlyInstead of raising in corrective wave, Nifty raised on an impulse move to finish it wave 5 of the previous degree and completing the larger degree wave 3 from March 2022 . Once the trend line is broken the correction to wave 4 should start. Quite complicated structures are forming in Nifty chart challenging the counts and that is the beauty of EW analysis.
NF Daily Plan - 19th Feb 2024NF on last Thursday made a higher close with some poor references left behind. Bias was that if it opens in range then odds of repairing those zones and then bounce towards higher prices. If open outside range then these poor zones could wait. NF next session open higher with a gap and gap held till closing. Higher value closing with narrow range and lower volumes at DVAL of the day.
Higher value session closing at DVAL is a sign of weakness and for bullish move they need to open above VAH of last Friday.
Now responsibility of buyers is to maintain the OTF up thereby holding the gap zone and pushing prices higher. Buyers unbale to do such activity may lead to closing of the gap and then below this gap then repair of poor value zones of Thursday could take place.
Bullish above 22120 towards targeting 22140/22200 levels. Break and hold above 22200 is towards targeting 22300/350 levels.
Nifty unable to stay below 21920 and above 21990 is towards targeting 22025/22080/22102/22120 levels.
Bearish below 21920 towards targeting 21870/21850/21810/21770 levels.
Nifty bulls unable to stay above 22120 and below 22100 is towards targeting 22080/22025/21990/21920 levels.
NIFTY NIFTY closed above va
1. gapup 22120 long till 22200
2. 22120-22050 trade breakout
3. gapdown 22050 short till 21950
Day Trader’s Post Market Analysis - Nifty BankNifty-16th Feb ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:31 for Hindi Audio)
-No Trades in the morning
-No Volumes in nifty
-Looking to sell Nifty Below Day Low
-How will i trade when market opens tom
Nifty Future chart houlryNifty future chart hourly analysis. either x is done or a of x can be done here. possibilities of wave moment are shown on the chart
Gifty: Tumbling Down or Scaling New Heights?
In my analysis of Gifty, I observed that after the initial fifth wave, it experienced a sell-off in the form of an abc pattern, thereby completing the larger (A) wave. Subsequently, it underwent an upward movement, forming a flat irregular correction, completing its (B) wave. Currently, we anticipate a sharp sell-off to ensue, forming the (C) wave.
However, the progression of the (C) wave has been slower than expected, trading sideways within a parallel channel. This contradicts the typical nature of a (C) wave. Additionally, there are indications of five waves within the (B) wave.
I consider the earlier abc correction as the authentic correction, forming a wave 1 comprising five subwaves. Should there be an upside break of the channel, it suggests a forthcoming momentum on the long side in the form of the third wave.
