NIFTY50 Daily Analysis!
Head and Shoulder Pattern Formation in NIFTY 50!
Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting!
NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice Head and Shoulder Pattern on a Daily Timeframe and it started retesting to its support level 18069.
Scenario 1 = If Nifty took support at its recent level 18069 which is also one of the important Fib levels 1.618(Nifty will move up to 18369.30 ) = UP
Scenario 2 = If Nifty breaks above level(Nifty will move down up to 17900 which is Neckline extended support trendline ) = DOWN
Scenario 3 = If Nifty breaks above level(Nifty will move down up to 17557.40 which is a major swing level) = DOWN
Rest of the Analysis you will find on chart. I have done all the possible Analysis on the chart which took lots of time. If you like this Analysis please support this Analysis.
I hope you will lean something about Technical Analysis from this chart.
Thank you all for your Support!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
Head and Shoulder Pattern Formation in NIFTY 50!
Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting!
NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice Head and Shoulder Pattern on a Daily Timeframe and it started retesting to its support level 18069.
Scenario 1 = If Nifty took support at its recent level 18069 which is also one of the important Fib levels 1.618(Nifty will move up to 18369.30 ) = UP
Scenario 2 = If Nifty breaks above level(Nifty will move down up to 17900 which is Neckline extended support trendline ) = DOWN
Scenario 3 = If Nifty breaks above level(Nifty will move down up to 17557.40 which is a major swing level) = DOWN
Rest of the Analysis you will find on chart. I have done all the possible Analysis on the chart which took lots of time. If you like this Analysis please support this Analysis.
I hope you will lean something about Technical Analysis from this chart.
Thank you all for your Support!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
코멘트:
*INVERTED HEAD AND SHOULDER PATTERN*
코멘트:
#A Little Naming Correction in the Pattern
코멘트:
50-100-200 EMA Analysis!
코멘트:
RSI Analysis!
코멘트:
NIFTY Analysis on 15 Minute Timeframe with RSI!
코멘트:
#NIFTY Analysis on 15 Minute
#2 Visible Targets Reached
#2 Visible Targets Reached
코멘트:
All 15 Mins Targets has been Reached Successfully!
액티브 트레이드:
Target 1 Reached on 11th May. Sorry for the late update.
코멘트:
Will NIFTY 50 respect 38.20% Retracement? Which is the most important Fib Level!
코멘트:
Nifty50 Today's Trade!
Trading based on Double Bottom Pattern with RSI Divergence for Double confirmation!
Trading based on Double Bottom Pattern with RSI Divergence for Double confirmation!
액티브 트레이드:
We are going towards our 2nd Target 18688.65 but little hurdle is there which is 18602.85 Level. If we crossed this then will see 18688.65 levels of Nifty 50 soon...This week was awesom, right?
액티브 트레이드:
Target 2 has been Reached!
거래청산: 타겟 닿음:
All Targets have been reached successfully as per our Analysis!
코멘트:
Thanks for your support guys!
코멘트:
One of the best Analysis. One can use it for Case Study.
코멘트:
We have seen a rally from 18055 to 19300 !
Avinash K.
