The Index has been very volatile in the last week and made a more comprehensive range. #Nifty50 trend is missing in weekly, daily, and hourly time frames means we are trading in a sideways market, and index trading is tricky in a sideways market because both sides move. India USD and sgx CMP are 17175, so a flat opening is expected, and posted a 4-hour chart to...
I tried to explain everything on the chart to understand the price structure and where we were trading. I have used the hourly chart to describe, but it's the same daily and weekly. Index swings, highs, and lows were messy, clearly an nondirectional market. Intraday =============== Intraday is very tricky and asks the expertise and experience both Sideways...
Everything has been explained on the chart, Consider as per your risk apatite.
The stock is heading for its strongest demand zone. A good buying opportunity, start to invest in parts. All levels have been marked on the charts.
Good Morning, everyone. I hope you guys had a great weekend and enjoyed your family time. Let's get back to work and talk about the nifty first. The Index has shifted its intraday range which was valid since 14th Dec, Sentiment is still negative, and Index is falling from every swing high, which is a clear sign that profit booking is continuing. The Index has...
================================== . Most of the Private banks are trading in a broader range from a couple of Months and can play a Major Role in the next couple of weeks, so be careful if you're a buyer or holding any long position in bank nifty. Trading in the hourly demand zone and a breakdown can create more negativity. Trade Setup for 20th December...
Good morning everyone, I hope you guys have a great weekend. Now time to get back to work and talk about the first trading day for this week. The Index is trading on the hourly resistance (17,600 to 17,650), and a breakout can change the hourly trend downtrend to an uptrend, but the problem is that the higher time frame is still negative Intraday is a bit risky...
Bank Nifty Index has already changed its hourly trend and trading in a range from the last two trading sessions, Higher chances to give momentum in the upside but a lot of intraday resistance in upside, so if you have seen any breakout in intraday, then always wait for a pullback for your entry. Intraday Trade Setup on 13th Dec...
We have seen a 300 Points straight fall in the Friday trading session. The Index is falling with every rise. I have tried to explain the current market cycle in the daily time frame chart. Nifty has made a bearish long day candle in the daily time frame, completely engulfing the long bull candle of the previous session. Technically, such patterns are formed at...
In the Friday Trading session, Bank nifty fell from their trend line resistance and made a good move on the downside. The sentiment is still strong, and the index can lose more in the upcoming days, but confirmation is required, lower than 35,000. As per harmonic, we can see 33,900 if this level breaks. More pain in the coming days. Intraday Support is :...
Nifty has shown a trend reversal in the hourly time frame, breaking the critical level (17,350) and closing above on it. The daily trend is bearish, and the hourly trend is bullish, which creates confusion in intraday. You Guys need to understand both of the time frames to build your trade-in intraday. In a shorter time frame, the Index can move upside, but swings...
Good Morning, Everyone. I Hope you have to spend a great weekend and enjoyed your time; now, let get back to work and talk about the first trading session of this week. The market sentiment is negative, and the bear attack is full of throttle. The harmonic PRZ sits on 16,746, which can react as support, but we need a reversal sign from the harmonic PRZ first...
Banking sectors swings are messy in 2020 and 2021 and never perform well in this bull run. The nifty rally was massive, but we can see the difference if we compare Nifty and Bank in 2020 and 2021. The nifty rally was straight, but Bank nifty rally was not, which is a clear sign that the banking sector is still weak and a perfect candidate for the short position....
First of all, I want to apologize for not sharing any morning analysis from a couple of days. I have taken a small break from my morning activities because of some health issues. Let's talk about the market sentiment first. Today, I have shared two charts in the daily time frame and the second in the hourly time frame. Both show negative sentiment. I shared my...
Banking sectors si also weak, not the banking sector, only the actual market sentiment is bearish, and we are in a correction fedge. Buyers must be careful in the market and must be cautious with their holdings. I have marked the Important levels on the chart. You can see a trend line resistance coming from the top, which is holding the whole downtrend. Market...
The stock range was 25-40 for a year, Recently Range has shifted with a volume candle in the monthly time frame which is a clear breakout and we must add this stock in our mid-term holding. Buying range was 40-45 Add more at 30 if the price correct SL: 20 Target: 75/118/140 Midterm holding
Nifty Update for 17th Nov 2021 ================================= Good Morning Everyone, Index behavior is falling from every rise, which is a clear sign of a downtrend market, but We still need confirmation and a clear structure. India USD and SGX both are trading on a negative note, a small Gap down accepted. I have posted 2 Images, One is in the daily time...
Good Morning Everyone, The Market mood and sentiment confusing in the last week, and we have seen a consolidation phase without a clear direction, but in the Friday trading session, Index has given an excellent up move and managed to close above 18,102, which is a good sign for the bulls. 18,150 is a critical level in this week and in today's Intraday as well....