NIFTYNIFTY closed below va
1. gapup 22425 long till 22500
2. 22400-22320 trade breakout
3. gapdown 22320 short
NIFTY1! trade ideas
Bearish market scenarioEsteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules.
As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy.
I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision.
For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea.
My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace.
I express my gratitude for your continued support and kindness, and welcome your comments and critiques.
May my analysis be a valuable asset to your business journey, and I remain sincerely yours,
Mr. Nobody
Bull market scenario
Day Trader-Buy Nifty Near Lows if 22440 breaks-7th May ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:30 for Hindi Audio)
-No Trades in the morning
-No Volumes in nifty before 10
-Buy Nifty Near Lows if 22440 breaks;
-How will i trade when market opens tom
Possibility of further downside. If we consider the high and low of the last day candle in futures as a range, a break in either direction can give a sharp sting that way before turning and going the opposite way. This is just a story that played in my head. And the probability of this being on the down side seems more likely. 22350 and 22300 may be likely in this case before we see a short covering rally.
NIFTYNIFTY closed inside va
1. gapup 22680 long till 22800
2. 22680-22480 trade reversal
3. gapdown 22480 short
Sell Nifty Future around 22620 After 12-6th May ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:36 for Hindi Audio)
-No Trades in the morning
-Good Volumes in nifty before 10
-Sell Nifty Future around 22620 After 12;Volume Trade
-How will i trade when market opens tom
nifty 1 min scalpingnifty 1 min scalping stgy when traditional heikin candle crosses smoth heikin candle with real time order block by lux algo.
Mia Culpa Shorters at 22800-900 range have proved me wrong. I should have thought of the "Retracement" shorters, who are essentially piggyback day traders who wat for a retracement to institutional bulk orders and punch in their own, hoping the levels hold. Plus the news of taxation, did th trick. In this case, we should either fly or Consolidate. Not fall further.
NIFTY NIFTY closed below va
1. gapup 22680 long till 22800
2. 22680-22480 trade reversal
3. gapdown 22480 short till 22400
Sold Nifty Future with Yesterday's Sl as Trigger-3rd May ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:56 for Hindi Audio)
-No Trades in the morning
-No Good Volumes in Nifty before 10
-Sold Nifty Future with Yesterday's Sl as Trigger
-How will i trade when market opens tom
NIFTYNIFTY closed above va
1. gapup 22800 long till 22850
2. 22800-22750 trade breakout
3. gapdown 22750 short till 22700
Day Trader Trading Nifty Futures & Options-2nd May ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:24 for Hindi Audio)
-No Trades in the morning
-Couldn't capture the big moves in nifty
-Wanted to buy Nifty Future but couldn't find a good entry.
-How will i trade when market opens tom
22500 or 22800 Who will blink?Chances are that Nifty could trade between 22800 and 22450 to 500 range today. If Nifty comes to either of these levels, look for contra trades in the opposite direction.
Nifty is ready for sharp 10% upward movement !!!!Nifty is ready for sharp 10% upward movement !!! Lets see, I have used Elliot waves, Fibonacci extension and time cycle to determine the markets lows and entry points...
Same Trade in Nifty Future As Yesterday-30th April ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:40 for Hindi Audio)
-No Trades in the morning
-Poor Volumes before 10
-Same Trade in Nifty Future As Yesterday;Green Close
-How will i trade when market opens tom
NIFTYNIFTY closed above va
1. gapup 22770 long till 22850
2. 22750-22700 trade reversal
3. gapdown 22670 look for longs shorts only below 22640
Scalped Nifty Future After 2 Near Highs-29th April ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:39 for Hindi Audio)
-No Trades in the morning
-Good Volumes in nifty before 10
-Scalped Nifty Future After 2 Near Highs!
-How will i trade when market opens tom
Consolidation with positive biasNifty Weekly candle closure becomes crucial. But in the last couple of weeks whenever we talked of weekly highs or lows, they were taken the same day. In any case, 22800 is the speed breaker on the upward journey.
NIFTYNIFTY closed below va
1. gapup 22600 long tilll 22650
2. 22600-22520 trade breakdown
3. gapdown 22500 short till 22400
Sold Nifty Future Below 22660-26th April ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:42 for Hindi Audio)
-No Trades in the morning
-Poor Volumes in nifty before 10
-Sold Nifty Future Below 22660;
-How will i trade when market opens tom
Gift Nifty Upside Move to 22600+ US market with Gift Nifty signals positive opening with
Upside target of 22600-22675
Fibonacci + resistance zone
