NIFTYNIFTY retraced to 0.6 fib
1. gapup 18800 can short till 18720
2. flat opening 18800-18700 will wait for price reaction at these zones
3. gap down 18620 will look for longs till 18700
NIFTY1! trade ideas
NIFTYNIFTY closed above va
1. gapup 18800 can long till 18850
2. flat opening 18800-18750 will wait forr price reaction at these zones
3. gap down 18720 can long till 18800
NIFTYNIFTY closed above va
1. gapup 18700 can long till 18750-18800
2. flat opening 18700-18610will wait for price reaction at these zones
3. gap down 18600 cn short till 18560
NIFTYNIFTY closed inside va
1. gapup 18750 can long till 18800
2. flat opening 18750-18650 will wait for price reaction at these zones
3. gap down 18650 can short till 18550
NIFTYNIFTY closed inside va
1. gapup 18680 can long till 18740
2. flat opening 18650-18550 will wait for price reaction at these zones
3. gap down 18550 can short till 18500
NIFTYNIFTY closed below va
1. gapup 18650 will look for shorts 18550
2. flat opening 18620-18550 will wait for price reaction at these zones
3. gap down 18550 can short till 18500
NIFTYNIFTY closed inside va
1. gap up 18660 can long till 18720-19740
2. flat opening 18660-18560 will wai for price reaction at these zones
3. gap down 18560 can short till 18500
NIFTY Fut buy18555 buy...stoploss is peanuts..5 min candle closing belwo 18550 is the stoploss....Patience
NIFTYNIFTY closed inside va
1. gapup 18740 can long till 18775-18800
2. flat opening 18740-18650 will wait for price reaction at these zones
3. gap diown 18650 can short till 18550-500
NIFTY shortNIFTY facing strong resistance. Can be seen some correction. Sell on raise strategy will work for today. Rather than buy on dip.
NIFTYNIFTY closed inside va
1. gapup 18720can ,ong till 18770-18800
2. flat opening 18720-18650 will waiot for price reaction at these zones
3. gap down 18650 can short till 18600-18500
NIFTY will be flat. Due to big gap up nifty can be seen in range bound. After market opening expecting market in range bound. Today will be favor for writer not for buyers
Aascending broadening wedge - NiftyAscending broadening wedge, Bearish reversal pattern accompanied in Regression Channel.
It is visible in the shorter time frame whereas In a daytime frame, it looks bullish. The pattern will be confirmed if nifty goes below the support line.
NIFTYNIFTY closed above va
1. gapup 18600 can long till 18650-18700
2. flat opening 18600-18500 will wait for price reaction at these zones
3. gap down 18450 can look for longs till 18500-18600
Sgx Nifty Diametric possibleAppear to me in g wave of diametric. But inverted h & s target is due. So let see which pattern now works from Monday.
NIFTY Short Good resistance...but get out once u make 30 + points profits.... expecting a small correction after a large rally..near the resistance shown on the chart
Review and Trading plan for 26th MayNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NIFTYNIFTY closed above va
1. gapup 18350 can long till 18400
2. flat opening 18350-18250 will wait for price reaction at these zones
3. gap down 18250-18200 will be buying oppertunity
NIFTYNIFTY closed below va
1. gapup 18350 can long till 18400
2. flat opening 18350- 18275 will wait for price reaction at these zones
3. gap down 18275 can short till 18200-18100
NIFTYNIFTY closed below va
1. gapup 18430 can long till 19475-500
2. flat opening 18400-18350 will wait for price reaction at these zones
3. gapdown 18250 can look for longs till 18350
Today 23rd of may nifty will be bullishToday market will be bullish. Use buy on dip strategy rather than short. Bcz it's up trend.
Nifty on verge of breakout. 1. From 1 Dec 2022 till 8 March Nifty had made lower low and lower high.
2. From 16 March to 27 March Nifty had made 3 bottom @ 16800, and reversed the trend, making higher low and higher high till
15th May. 16th may it was unable to make new high , instead made double top@ 18475 and retraced three day making
lower low. On 19th may shooting star pattern was formed after 3 days corrections and confirmation pattern next day
reversing lower low pattern.
3. Resistance of double top @18500 if taken away then 19000 and higher levels could be on board in few days.
4. MACD is still sell and till MACD not giving buy signals upper level could be delayed.
5. With Nifty in uptrend shorts should be avoided and long position is above 18500.
6. Nifty had retraced 0 .786% of down fall from 19000 to 16800 . Above 0.786 nifty had potential to give high of 19000 and could
extent upto 1.618 @20400.
