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
NIFTY1! trade ideas
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
NIFTYNIFTY on weekly tf forming a shooting star
1. gapup 18700 can look to short till 18620
2. flat opening 18700-18600 will wait for price reaction at these zones
3. gap down 18600 can short till 18550
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
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
