NIFTY shortNIFTY facing strong resistance. Can be seen some correction. Sell on raise strategy will work for today. Rather than buy on dip.
NIFTY1! trade ideas
NIFTYNIFTY closed inside va
1. gapup 18720can ,ong till 18770-18800
2. flat opening 18720-18650 will waiot for price reaction at these zones
3. gap down 18650 can short till 18600-18500
NIFTY will be flat. Due to big gap up nifty can be seen in range bound. After market opening expecting market in range bound. Today will be favor for writer not for buyers
Aascending broadening wedge - NiftyAscending broadening wedge, Bearish reversal pattern accompanied in Regression Channel.
It is visible in the shorter time frame whereas In a daytime frame, it looks bullish. The pattern will be confirmed if nifty goes below the support line.
NIFTYNIFTY closed above va
1. gapup 18600 can long till 18650-18700
2. flat opening 18600-18500 will wait for price reaction at these zones
3. gap down 18450 can look for longs till 18500-18600
Sgx Nifty Diametric possibleAppear to me in g wave of diametric. But inverted h & s target is due. So let see which pattern now works from Monday.
NIFTY Short Good resistance...but get out once u make 30 + points profits.... expecting a small correction after a large rally..near the resistance shown on the chart
Review and Trading plan for 26th MayNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NIFTYNIFTY closed above va
1. gapup 18350 can long till 18400
2. flat opening 18350-18250 will wait for price reaction at these zones
3. gap down 18250-18200 will be buying oppertunity
NIFTYNIFTY closed below va
1. gapup 18350 can long till 18400
2. flat opening 18350- 18275 will wait for price reaction at these zones
3. gap down 18275 can short till 18200-18100
NIFTYNIFTY closed below va
1. gapup 18430 can long till 19475-500
2. flat opening 18400-18350 will wait for price reaction at these zones
3. gapdown 18250 can look for longs till 18350
Today 23rd of may nifty will be bullishToday market will be bullish. Use buy on dip strategy rather than short. Bcz it's up trend.
Nifty on verge of breakout. 1. From 1 Dec 2022 till 8 March Nifty had made lower low and lower high.
2. From 16 March to 27 March Nifty had made 3 bottom @ 16800, and reversed the trend, making higher low and higher high till
15th May. 16th may it was unable to make new high , instead made double top@ 18475 and retraced three day making
lower low. On 19th may shooting star pattern was formed after 3 days corrections and confirmation pattern next day
reversing lower low pattern.
3. Resistance of double top @18500 if taken away then 19000 and higher levels could be on board in few days.
4. MACD is still sell and till MACD not giving buy signals upper level could be delayed.
5. With Nifty in uptrend shorts should be avoided and long position is above 18500.
6. Nifty had retraced 0 .786% of down fall from 19000 to 16800 . Above 0.786 nifty had potential to give high of 19000 and could
extent upto 1.618 @20400.
NIFTYNIFTY closed inside va
1. gapup 18350 can long till 18400
2. flat opening 18350- 18300 will be the range breakout of either side can plan ur trade
3. gap down 18250 can long till 18300
NIFTY breakout up..tgt given on chartGave a good pattern breakout tgt is calculated as per rules of pattern..and posted on chart..cup and handle pattern
NIFTYNIFTY closed above va
1. gapup 18250 can long till 18320-18400
2. flat opening 18250-18100 will wait for price reaction at these zones
3. gap down 18100 can short till 18000-17950
Falcon Wave Count ABCDE on #SGXNIFTY Daily Chart Falcon Waves ABCDE pattern on SGXNIFTY
Plan your #Nifty50 trade with me on Trading View
Looks like we are going down in wave B and then will go up in wave c followed by wave D and consolidation E wave
Review and Trading plan for 19th MayNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Nifty : 19.5.23 - low risk trade1HR chart :
- Fib 61.8 retest
- W pattern, price at base
- Bollinger band outside-inside
- RSI divergence
Sell volume lower than yesterday
Resistance : 18300
Support : 18150
NIFTYNIFTY closed below va
1. gapup 18240 can long till 18300
2. flat opening 18240-18150 will wait for price reaction at these zones
3. gap down 18150 can short till 18100
May 18 market will be bullish in the morning and may fall in eveMarket looking Lil bullish for morning trade and may fall during market closing hour
NIFTYNIFTY closed below va
1. gapup 18270 can short till 18170
2. flat opening 18270-18170 will wait for price reaction at these zones
3. gap down 18150 an short till 18100
