Nifty Possible short term up trend before fallNSE:NIFTY - wave C in Nifty can continue till 11000 levels.
Possible short term up trend before trend reverses.
Niftylong
Method to Madness of the fallTrend-lines help identify and decipher the haphazard movements and help us anticipate the possible moves we can see for nifty in the next coming days.
There is a probability of Nifty making highs upto 9500 levels in the immediate future. Breakout from the trend lines if any to sustain should be supported by the volume.
Long term outlook is bearish, but the descent will be painstakingly gradual and grinding. Bottom is not expected to be created in coming weeks but probably in next 6-8 months. Hence all swing positions to be exited once nifty nears the upper trend line.
NIFTY 9400 TGT tomorrow 23rd APR by 15:15 ISTTomorrow expiry will be very energetic, as NIFTY is on it's way to 9425.
Let's see the 5th WAVE forming!
Do like, Comment and share :)
Nifty Intraday Trade setup for 22 April 2020Good Morning everyone,
Yesterday We has seen a major dump in Nifty Index. Total correction is 280 points in Intraday. Sentiment is negative as per we yesterday Negative but as I always said that everyday is different then others in Intraday so do not come on next day on previous day sentiment...
Key Factor
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SGX is almost 71 Points down atm.
Dow close lower then 631 points from previous day .
Let's see how our market will be react today on the above Scenario
Nifty Key Resistance is 9150 and support is on 8700.
Trade setup
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A -Buy Level
Build a long position if price sustain above 9050
B- Sell Level
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Sell if price break 8800 Level
Note : Wait for first 30 minute to get the Index settle. These Levels are based on previous data and can destroy on Huge Gap up or gap down so wait first 30 minute and observe the Index move. Will update More in live market...
Good Luck and Happy trading
NIFTY 50 INDEX (NIFTY) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
Nifty Intraday Trade setup for 08 April 2020Hello all ,
We had seen an awesome move yesterday in upside. SGX Nifty is Open in negative today but it does not mean that Index momentum will be change. There is still room in upside as per our harmonic prz . Level is 8944-9034 so Nifty should be touch this level before to give a reversal .
Today Trade Setup
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Buy if yesterday high break. Price is 8825 In case market open Gap down and test 8690-8700 Then buy from bottom.
#Nifty #Intraday setup for 01 April 2020Hello all ,
Nifty has more clear view then bank nifty Index. Buy above 8700 abd book the profit before 8850 . Sell if 8300 Break in Intraday.
Nifty Intraday Trade setup for 24th March 2020Hello all ,
Sgx nifty is trading more then 300 point in the morning,so there is lot of chances to see a gap opening today. so what is our trade setup in Intraday. Price has rejected 7853 levels multiple time in last 2 trading sessions and failed to sustain above . We will go for a buy above 7870. In case price failed to sustain above then our short Position can build on 7700 .
Bullish on SPX and NiftyAs per the previous update, like Nifty, SPX just completed it's 38.3% retracement and both the indices can move up in sync for a B wave or for an impulse up (if the fall is over).
Nifty Mid Term Idea for March MonthHello Everyone,
First happy Holi to all of you... We had seen a massive blood bath from couple of weeks and main question is when it will gonna to stop and where is the bottom of index, Well Index is currently trading on 10450 . Remember this is the weekly support and the harmonic prz area but Trend is always been strong then any support and any from the any pattern . Trend is not gonna to reverse until we did not seen a consolidation phase. Keep an eye on 10k level if its break then we will see 9400 . next couple of weeks is so Important to watch . Investors and swing traders keep patience you guys will get a great opportunity in buy side but let the sustain index at first .
Regards
Virendra
NIFTY LONGNIFTY has hit a trend line and strong level of support and Stochastic is underbought
Is is supposed to shoot up tomorrow.
I;m bullish on NIFTY as of now
NIFTY breakout - time of shorting is overNifty and BankNifty gave clear breakout signal.
NIfty is long now along with Bank nifty.
RSI positive divergence with channel breakout is there on 30 min timeframe.
This is supported by 1 hour time frame too.
Nifty 50 Intraday Trade setup for friday 14th February Hello all ,
Today Range is given. Follow it strictly in Intraday today on 14th February 2020
Nifty Intraday Trade setup for 12th February 2020Nifty has given a dot reversal from our #harmonic PRZ again. This area has been tested 4 time since 4th February. Already mark the range where you should avoid to trade in INTRADAY
Nifty Intraday trade setup for Tuesday 11 February 2020Hello all,
Nifty has made a narrow range in last 6 hours of yesterday trading session . Uper side level is 12045 and down side level is 11990. This range is gonna to be important for today trading session . Long build up above then 12050 and open a short lower then if 11990 broke.
Nifty Intraday Trade setup for 07 February 2020Hello Everyone ,
We had seen a bull run yesterday in Bank nifty index but nifty is steady on their resistance . Remember Nifty decide the market trend and momentum . Bank nifty most of run is trap and setup from manipulators as you can see that Nifty has made a spinning top candle on their resistance area. Yesterday candle high low is very Important for today intraday. Wait for 12160 to build your long and short opportunity can get below 12080
Regards
Viru
NIFTY 2020 TARGETS 12900 !!!! A positive RSI divergence is seen on the weekly chart of NIFTY . Targets to rise to yearly Fibonacci point of 12923 . We know more to come this year if union budget goes in favour of manufacturing industry and banking sector .
I see a clear way through . Please comment your openions about Nifty 2020 target 💪💪
Feel free to reachout to me
Would go Long on Nifty purely for short term Given that Dow Jones is making historic highs and there could be more positive news in terms of Christmas buying etc around the world, it is reasonable to take a neutral to slightly bullish view on Nifty. I would go long at these levels and sell at the money call options just to lock in my potential upside and at the same time save me from a small downfall.
NIfty buy on DipsLast week Nifty was in consolidation mood which went on till yesterday's expiry.
The stop loss for NIfty was 11750 (spot prices), so adding to previous long positions was done.
Now looks like NIfty has taken U turn from 11800 itself and no more adding to longs will be done.
Right now it is Buy on Dips for Nifty
NIFTY getting ready for big up moveNifty has resisted to fall on last two chart patterns, and then closed comfortably above 12000 on thursday expiry.
Now current chart pattern is showing consolidation.
RSI is also providing strength.
As per chart, Nifty is showing all the signs of a stron up move.
Good time to go long
Nifty - Diwali Celebrations?
Nifty (SPOT) giving TL breakout buy above with SL 11,750.
First Hurdle- 11710-715.
Second and Important hurdle 11780-800.
(Reliance, HDFC already showing good results for the quarter)
Lets expect some positive vibes this Diwali ! :)
NIFTY ready for strong upmoveNIFTY just touched the recent low, but RSI is making higher low.
This pattern has strong success rate. On top of that, the last bar in 30 min chart is pin bar, which is also a strong reversal indicator.
Looks like good time to initiate long again, with stop loss below recent lows.
