Market short view:
As of now GIFTNIFTY Traded @ 25451 made a Low @ 25416.50,
Showing BEARISH TREND Compare to NIFTY Fut @ 25510.90 Closed at 3.30 pm.
If this trend continues Probability of “-ve to Flat” Opening
Though Nifty 50 Index is currently showing a Bullish Trend as indicated by the formation of an Ascending Channel. This pattern is characterized by Higher HIGHs and Higher LOWs, technically suggesting a continued UP-ward momentum. The price is well above 20 EMA 50EMA as well as 200 EMA, reinforcing the bullish sentiment.
Chart Patterns: Ascending Channel Higher HIGHs Higher LOW
Indicator View: Opportunity for further gains.
RSI (Daily) => 68.37 (Less Than 70 Some Steam Left, Technical mening)
Stoch (Both %K & %D): Above 90
CCI => 130.22.
MACD => witnessing a Bullish Crossover.
Positional / SWING levels:
Supports: 25090 – 24846 – 24530 …
Resistances: 25421 – 25670 – 25985.
# "WEEKLY Levels" mentioned in BOX format.
^^^^^^^Plot Levels Using 3 Min, 5 Min Time frame in your Chart for Better Analysis^^^^^^^
L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias.
L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above.
L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt
HZB (Buy side) & HZS (Sell side) => Hurdle Zone,
*** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature)
Rest Plotted and Mentioned on Chart
Color code Used:
Green =. Positive bias.
Red =. Negative bias.
RED in Between Green means Trend Finder / Momentum Change
/ CYCLE Change and Vice Versa.
Notice One thing: HOW LEVELS are Working.
Use any Momentum Indicator / Oscillatoror as you "USED to" to Take entry.
📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
"As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
As of now GIFTNIFTY Traded @ 25451 made a Low @ 25416.50,
Showing BEARISH TREND Compare to NIFTY Fut @ 25510.90 Closed at 3.30 pm.
If this trend continues Probability of “-ve to Flat” Opening
Though Nifty 50 Index is currently showing a Bullish Trend as indicated by the formation of an Ascending Channel. This pattern is characterized by Higher HIGHs and Higher LOWs, technically suggesting a continued UP-ward momentum. The price is well above 20 EMA 50EMA as well as 200 EMA, reinforcing the bullish sentiment.
Chart Patterns: Ascending Channel Higher HIGHs Higher LOW
Indicator View: Opportunity for further gains.
RSI (Daily) => 68.37 (Less Than 70 Some Steam Left, Technical mening)
Stoch (Both %K & %D): Above 90
CCI => 130.22.
MACD => witnessing a Bullish Crossover.
Positional / SWING levels:
Supports: 25090 – 24846 – 24530 …
Resistances: 25421 – 25670 – 25985.
# "WEEKLY Levels" mentioned in BOX format.
^^^^^^^Plot Levels Using 3 Min, 5 Min Time frame in your Chart for Better Analysis^^^^^^^
L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias.
L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above.
L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt
HZB (Buy side) & HZS (Sell side) => Hurdle Zone,
*** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature)
Rest Plotted and Mentioned on Chart
Color code Used:
Green =. Positive bias.
Red =. Negative bias.
RED in Between Green means Trend Finder / Momentum Change
/ CYCLE Change and Vice Versa.
Notice One thing: HOW LEVELS are Working.
Use any Momentum Indicator / Oscillatoror as you "USED to" to Take entry.
📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
"As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
交易开始
As mentioned in "Market short View => Probability of “-ve to Flat” OpeningTill now made a LOW @ 24297.05 (Plotted Upper LevelHZS#1.
Now @ 25306 Hold 25300 Level.
注释
at 12:59 pm NIFTY now @ 25317+ @ 25325 - 25338 Looks strong for Bulls
注释
Now @ 25345 Next LEVELs to Watch @ 25374.
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