NIFTY Monthly Divergence Indicates Bearishness for Months !!This is not to scare anyone ! But I have rarely seen any divergence on Monthly NIFTY50 chart. A monthly divergence indicates bearishness that might last for several months. Good thing is that, divergence has about 30% failures, and bad thing there is about 70% chances of happening this. My initial target would be about 15500 and further direction may be decided based on price action there.
Whats Happening on the weeklies:
Good thing is that, the early weekly candle appears it is getting rejected from previous weekly low of July 21. However, almost four trading sessions to go!!! Breaking these level would be more downwards. However, some pull back from this level is possible. The hourly chart below is also showing some bullish divergence, indicating some reversal from here. But God Knows how long that will hold.
Niftyintradaylevels
NIFTY : Levels for 16th Mar
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
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NIFTY : Levels for 15th MarNIFTY level marked on Chart. its already break daily support and we can see bears are in power since two days
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
NIFTY : Levels for 14th MarNIFTY broken major support yesterday and after that we seen bears are active full day. As mention earlier it may touch weekly support as already break daily support. Keep eye on it.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
#banknifty look good on both side $BANKNIFTY1! global data seen negative
but we need to prepare on both side movement
we need to see global market closing at the morning
1) if positive we short Banknifty or buy PE at 42000 nearby level
2) and below level we taking PE by trialling stop loss
3) if sustain above trend line we buy for the target at upside
NIFTY : Support zoneNIFTY is near support zone. now 17300 is very much important for Bull to support. it may be less chances but lets see everything is depend of battle fight between bull & bear.
Follow Price action purely and decide your entry.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
Nifty : Target done Nifty view shared before few days when it was trading near support. now its touch its target.
Now it can open positive & close negative on Monday or we can again see one swing in Nifty and then it is possible to give good move positive move in Nifty.
Tuesday is holiday. possible, it will take swing by Thursday.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
Nifty moves for today & in upcoming days .SGX nifty moves again in the upside from the hourly/daily support area, clearing the one thing that 17,250/17,300 is still significant support for the upcoming. The market structure is on the downside, but we need to break this level to see a clear downtrend; otherwise, it will be stuck again in the range.
Critical Resistance:
17,545. This is the previous swing high and can change the hourly structure and make a " W" Pattern which is a sign of retracement from the previous trend. Three Patterns will be activated on the breakout of this level.
Critical support
17,200 to 17,250 the whole is a crucial demand zone, and breaking this level can start a new bloodbath
Keep an eye and Trade Accordingly.
Nifty ViewNSE:NIFTY Has a bearish structure at Weekly Time Frame .
Some sort of head and shoulder pattern, price trading below 30 MA. Very close to neckline, but formed a pin bar
Daily Time Frame
NSE:NIFTY On daily time frame is at multiple support levels
Trading right at 200 MA. At golden fib zone etc and most importantly at previous consolidation region from a where a rally had happened.
Hourly Time Frame
Stick to day trading for the moment until a higher high is form at hourly TF. For which price has to cross 17600.
NIFTY : Gap filled NIFTY gap filled and now trying to reverse from support. Yesterday low is very important for Nifty on Closing basis.
lets see currently, I can see good R:R level in positive side with small SL.
This is my personal view & i can be 100% wrong.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L" with small SL
Pin Point Prediction Of Nifty For 23-2-23Hello Traders,
This fall of today was predicted yesterday . To make your trading easy Every day I predict trend and behaviors' of market in form of marking and predictions so that you trading can be easy. For more detail for tomorrow trading can be seen below.