Nifty50 Analysis has been done using wyckoff method. Where nifty50 likely to move next few days has been depicted in the daily chart.
Niftyindia
NIFTYNIFTY 50 @ it's decisive level.
If breaks up, can reach 15000 (15030 Resistance) level.
If turns back can reach 14500 (14470 Support) level.
Nifty Cup and hold pattern. Seems bearish.Looks like Bears might dominate. With Support and Resistance level for today.
NiftyKey levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Nifty 50 Intraday & Expiry Day Trade Setup for 10th March 2021Good Morning everyone
Important resistance for today's Intraday is 15270-15300. India 50 has given a good rally in upside after our trading session and closed on 15261. This means we are going to see a huge gap up again. Around 100-120 points. The index is too much volatile these days. So what is the Trade setup for today?
Intraday resistance is on 15270. the direction in Intraday comes only on breakout of 15270-15300. Today Intraday strategy is based on a 45-minute range. Use a 5-minute time frame to build your trade setup and wait for the first 45 minutes. Setup your trade on Breakout or breakdown of 45-minute range.
NIFTY REVERSAL TRAJECTORYAS we fix the path of rocket by calculating velocity and time , I tried my level best to project the path of NIFTY with PA analysis .
TORRENT POWER is too far from its POCThe stock seems to be having jitters of being too pricey. There has been formation of inside bar on daily and the stock is too far from moving averages thus a resistance on 20 EMA and thus a fall downward to the red line being 200 EMA would be easily achievable in coming time within 2 weeks.
NIFTY bearish as long as below 15300TGT for March month as shown in projected chart 14340
And if breaks this level then we may also see 13470
View negated if NIFTY trades above 15300 after a retest from upper trend zones
Nifty Buy / Sell Based on FIBO and GANN IntradayNifty view based on GANN and FIBONACCI
when ever market gives us 50 points profit then update Stop loss to entry point for safe trading
Sell at 15070
stop loss 15120
Target 14900
Asian Coming at strong supportAsian paint is now approaching nice and solid support levels. Keep and eye on XABCD with 1.618 FIB and XABCD with 0.886 FIB
Any investment buy from CMP till 2000 is a solid buy with SL as 1975
For F&O Long positions, we will wait until it formes some sort of Reversal patterns of break downtrend line and then we will have swing low established and we can inititate F&O longs with SL below established swing long.
Nifty Buy / Sell Based on FIBO and GANN IntradaySell nifty 14815
Stop loss 14845
Target 14670 - 14590
NiftyNifty now major support at 14700 if close or sustain below we seen 14500/14300.
Up side 15200 Resistance seen,
above15200 new up side possible,
not sustain above 15200 then again down side possible.
Nifty 50 Weekly View & Intraday Trade setup for 19th Feb 2021Good Morning everyone,
Hope you guys are doing great in the stock market and making some good money from our trading ideas. yesterday we have seen a clear downside move and our all targets hit.
Let's talk about the higher time frame.
=============================================
The main question is does 15,000 will hold the price or not? if Index failed to hold 15,000 then it will be tested first 14,750 then 14,250.
Intraday Trade setup
======================
This Index is Trading on Crucial point and trading on the harmonic PRZ, Do not relate Intraday idea with daily frame. The index is in correction mode but a bounce can be accepted from here and today's idea is based on it. The Important level is 15,160 and 15,060.
Open Long above 15,160 and short lower than 15,060
