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Sellonrise

Nifty Intraday 23 Oct 2024 Levels for SellingToday Nifty made new low and following price action on every timeframe. For good risk reward if price starts moving upwards and taking reversal near 24600, then we can go for sell trade. For Followup trade, any 5 min candle close below 24445 then also we can go for sell trade. Note : Its just an analysis, wait for the price to confirm. Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
NSE:NIFTYShort
by smrgrover2
BankNifty Levels for Intraday 23 Oct 2024 Selling TrendToday BankNifty closed below the Trend line / Channel of Daily Timeframe which was started in January which is a sign of trend change and price may go more downside. As per the today price action (lower low and lower highs) the selling was continue after each rise, So as per the price action and trend change price is indicating sell on rise market. So for minimal risk and better risk:reward if price starts moving upwards and taking reversal near 51500, then we can enter for sell trade. Otherwise if any candle close below today closing price(which act as immediate support/resistance) 51250, then we can also enter for sell trade. Note : Its just an analysis, wait for the price to confirm. Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
NSE:BANKNIFTYShort
by smrgrover2
Nifty View for coming days (Weekly TF)Nifty towards new LH in coming days! Nifty Weekly View: 1. Nifty broke the previous low but failed to close below support. 2. More Pain if Nifty closes below 16350 on Weekly Basis. 3. The structure is not very positive and looks like another LH coming soon. 4. 17530 is first Resistance. Structure will change if Nifty breaks 18350. Road to ATH opens only above 18350. 5. Currently, not a very positive structure..breaking 16350, we can see 15960, 15600 6. Range Play 16850-17500 on cards Nifty Daily View: 1. We have seen Strong Gap Down followed by Gap Up in last 2 days, looks like a short term recovery (gap-filling). 2. 17027 will act as a resistance (created by gap) followed by 17280 3. Low created on friday is crucial, breaking of 16475, we can again see fall till 16375..16150.. 4. Not a very bullish structure, sell on rise on cards! Looks like Sell on Rise Structure! Let's see!!
NSE:NIFTY
by dixitsoham7
Analysis on Nifty - Short After break out from 14900 level, the rally ends at 15900 with 1000pts move close to 6% not sufficient for impulse wave with the respect to previous leg of rally who are holding short position should book at 15600 nifty will be in rangebound 15450-15800 in next week. from time cycle analysis after july5 break out or break down should happen most probably break down. enter below 15450 if retest happen Target will be 15100, 14900 swing traders can hold their shorts and book near 15250 sell on rise until 16200 taken out with volume
NSE:NIFTYShort
by FMSmo
CAC 40 At Crucial Support CAC40 opened With massive Gapdown trapping all the bulls at higher level This must have forced the small leveraged Trader to exit Their Position at the lower rates forcing the index downwards. Index can Face Heavy Selling Pressure from tops All the trapped brave Traders who didn't exit their position in today's fall will be waiting for their prices on the higher side. So Sell on rise pattern could be seen in this index CAC40 Is currently trading Below its 100 EMA at crucial Support Level of previous swing low. Fresh Sell Off Can be Seen Below The swing low till 5720 Levels which is 200 EMA and 4th Decembers Low.
TVC:CAC40
by TradingOx
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