Nifty50 Key Support & Resistance for 4th Oct 2021
Nifty50 Key Support & Resistance for 4th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
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Niftylong
Nifty50 Prediction & Analysis [30 Aug 2021]Nifty Prediction and Trade Setup for 30 Aug 2021
Long Setup:
Case 1:
Buy Nifty if it stays above 16725 for some time and breaks out of the range for a Target of 16750 followed by 16815
Case 2:
Buy Nifty if it stays and consolidate near 16630 for some time and breaks out of the range for a Target of 16675
Short Setup:
Short Nifty if it stays below 16675 for some time and breaks out of the range for a Target of 16625
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BUY NIFTY, GO LONGNIFTY 50 has been taking support continuously on 50EMA.
Whenever 50EMA is broken, 200EMA works as SUPER SUPPORT.
NIFTY has already taken support on 200EMA yesterday,
& today it has bounced somewhat.
The market scenario for NIFTY 50 is presently suggesting BUY.
YOU CAN GO LONG ON NIFTY 50
Nifty Future Nifty Future looking bullish
One can go Long now or in dips with stoploss of 14990
All the key levels are mentioned in chart with Stop-loss and Targets
Key Levels
Upper Bollinger
Macd in daily positive
Macd in hourly positive
Adx in daily positive
ADX in hourly positive
Rsi in daily above 60
Rsi in hourly above 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
NIFTY COMMENTARY by Kiran WEEK 26.. WAITING FOR CRASH???Hi Friends,
As I explained in last week we will get a small correction, Nifty already showed some of it.
Lot of people asking me is this right time to short? I just answered NO. It require lot of analysis to come to a conclusion.
So my advice for this week is Buying the dip.
I will go with the same option 1 BUYing opportunity.
Your humble trader
KIRAN
If you liked my analysis, just give me thumbs up or comment, it will boost me to analyze more stocks.
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The five conditions I watch regularly are.
1. BUYing opportunity
2. BUY hold
3.Wait for trend confirmation
4. SELLing opportunity
5. SELL hold.
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