Long

NIFTY IDEA 10 AUG

Updated

Hammer candle on daily time frame as well as ready for trend line break out. if nifty opens flat and consolidate some time. then it may gud upside target. Buy above 19645 sl swing low
avoid if open gap down fresh selling may occur below 19533.

Note

IDEA FOR 16 AUG

profit booking on upper level. Hammer candle on daily time frame.if open flat Trade bullish above 19465 then there may be big green candle on daily TF.
if open gap down
then aviod trade.

Trade active

Nifty is looking as last 3 days nifty is in same range. last two days it closses strong. buy today very weak closing. Nifty is going to be ready for big move. upper side only above 19488
19300 will be very imp support if it closses below this level. then there may be heavy selling. and nifty may go up to 18887.

Trade active

NIfty expectation on 21 aug 23
on 18 aug nifty made dozi type candle - It means undecisiveness . but some times it works as halt candle in continuation of trend.
as we know market is week from last 3 weeks. it happens rarely on that basis next weekly candle may be green. Apart from that levels for intraday will be

if market open flat and after some consolidation if it crosses 19250 then selling may be very fast and we may see elephant red candle.
and Buy above 19450.
in between there will be range bound market. Buyers will come only after 19450.

DEVA435

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