SGXNIFTY Sell now Top outSGXNIFTY Sell now Top out and market need some correction to break above, so SGX will come down to pull back high, so as of now sell till the shown support line.
NIFTY1! trade ideas
NIFTYNIFTY closed above va
1. gapup 19000 can long till 19050
2. flat opening 19000-18950 will wait for price reaction at these zones
3. gap down 18950 can short till 18850
NIFTYNIFTY closed above va
1. gapup 18825 can long till 18900
2. flat opening 18825-18770 will wait for price reaction at these zones
3. gap down 18770 can short till 18740
NIFTYNIFTY was in a range
1. gapup 18750 can long till 18800
2. flat opening 18740-18680 will wait for price reaction at these zones
3. gapdown 18660can short till 18620-18550
Market outlook | #NiftyMarket outlook
Investor sentiment took a hit in the weekend after a brief insurrection raised concerns about political instability in Russia, Russia facing a brief rebellion by a private military group which could likely to cause a civil war.
Elsewhere, the spotlight will be on the Bank Stress Test results and data, including personal income and spending.
#Nifty
The bulls are trying too hard to take nifty to break all time high of 18888. However, markets strugged to sustain the levels and slipped on Friday session.
Key support this week will be 18500 (Physological support zone) followed bg 18429 while the resistance levels remain 18790 followed by 18888.
NIFTYNIFTY closed below va
1. gapup 18800 can long till 18900 any rejection can short till 18700
2. flat opening 18800-18700 will wait for price reaction at these zones
3. gap down 18700 can short till 18625-18550
NIFTYNIFTY had a volatile expiry
1. gapup 18920 can long till 18950-19000
2. flat opening 18900-18800 will wait for price reaction at these zones
3. gap down 18800 can short till 18720
NIFTYNIFTY was in a range
1. gapup 18900 can long till 18950-19000
2. flat opening 18900-18840 will wait for price reaction at these zones
3. gap down 18840 can short till 18800-18720
NIFTYNIFTY closed above va
1. gapup 18950 will wait for a retracement for longs can short till 18850
2. flat opening 18850-18800 will wait for price reaction at these zones
3. gap down 18800 will look for longs till 18950
NIFTY futures short scalpThere will be min 25-50 pts move, scalp if you want.
I would suggest wait for 1st 5mins to get good entry.
let's see how it unfolds.
basically you are looking at Rs 1,250 - 2,500 profit per contract
NIFTYNIFTY closed below va
1. gapup 18870 can long till 18950-19000
2. flat opening 18870-18800 will wait for pice reaction at these zones
3. gap down 18800 can short till 18740
Nifty Trend in the month of June 1. On the Daily chart since March, there has been an ascending channel trend in the nifty.
2. On the 4HR chart, Ascending Broadening Wedge
3. Now the Market has reached the ATH trajectory, there is a consolidation happening in the form of a parallel channel, this sort of price action depicts indecision behavior.
this is expected at an All-time High level.
The next 10 days will unfold more clarity on chart pattern & sentiment.
In conclusion, a Large timeframe shows bullish sentiment & shorter there is indecision.
Nifty outlook for swing setupNifty is at a crucial level and we can expect longs after some re accumulation with in the fridays closing range. If not we can see price get pushed back to 18750 region for some price absorption. This price region decides the future trend
NIFTYNIFTY gave a breakout at the eod
1. gapup 18950 can long till 19000
2. flat opening 18950-18850 breakout of either side can plan ur trade
3. gap down 18850 can short till 18810
NIFTYNIFTY closed below va
1. gapup 18820 can long till 18850
2. flat opening 18820- 18720 will wait for price reaction at these zones
3. gap dwn 18720 can short till 18620
NIFTYNIFTY closed above va
1. gapup 18850 can long till 18950
2. flat opening 18850-18800 will wait for price reaction at these zones
3. gap down 18800 can short till 18750
Double Pattern MoveThis is an updated idea of my previous post where I discovered a cup & handle pattern. However, on a relook I noticed that there is a double pattern formation. It can be seen in this post that a ascending triangle pattern is engulfing a cup & handle pattern, both signaling an upmove.
Cup & Handle BreakoutDespite the market performing sluggish and out of sync with other indexes viz Nifty, Bank Nifty & Fin Nifty, this classical Cup & Handle pattern formed which subtly broke out giving an upmove for the trend continuation. Patterns are your best bet when nothing else gives confirmation!
NIFTYNIFTY was in a range
1. gapup 18780 can long till 18850
2. flat opening 18780-18750 will be the range breakout of either side can pla ur trade
3. gap down 18750 can short till 18720-700
FIBBONACI RETRACEMENT CONFIRMATION ON NIFTYAs it can be seen on the NIFTY chart, a Fibbonaci retracement plotted at swing low & swing high gave us an ideal zone to retest NIFTY levels which acted as a support and we saw an up move from 0.618 levels. A move from 18648 level to 18691 was observed.
NIFTY Buy till lunch time todayBreakout of a patter ...Please see chart...tgt calculated and posted on chart...its the size of the pattern put on the breakout point..
NIfty MylinesThis is not a prediction! And never believe in any prediction either! Just My-Lines to watch if it's respected and PA have an edge will buy or Short. Trade your system, trade what you see!
Power of Double EMA 50 & 100 days range EMA 50 & 100 days range .. drawn FIB extension .. this future fall is expected as per 15 mini time frame
Lets explore the expectation as FIB extension as 15 mini time frame already indicated the fall
