Search in ideas for "NIFTY 50"
Nifty 50 Intraday Set-up for 26 April 2021Nifty 50 has formed a descending broadening wedge and a complete Head and Shoulder formation on 15 min chart. Flat to negative (upto 70 points) opening expected. If index slips below neckline, lower level of 14222.25 (support) will be tested and a retracement possible upto 14280 if support is sustained. Chance of a breakout is probable in case the index crosses upper trendline of the wedge. Keep an eye on India VIX and wait for price action for first 30 minutes for any moves near the trendlines. Trade smartly.
Nifty 50 Important levels for next few daysNifty 50 currently trading in channel (sideways to down Trend).It is looking weak.
Important levels is marked on the chart.
Support level:14250(strong support),13800,13200-13500,12500
Resistance level:15000(strong resistance)
Strategy:sell on rise.
SL :15000
Targets:14250,13800,13200,12500
Consult your financial advisor before taking any action.
educational purpose only.
Nifty 50 Intraday set-up March 30th, 2021Nifty 50 Index levels to watch out for 30th March, 2021.
Index tried to break 14550 in the later half but a straddle at 14550 - 14575 pulled the index below 550 and it managed to settle above 14500. Possible upside till 14700 and downside till 14300 expected intraday.
Any suggestions or comments for improvement are most welcome.
nifty 50 for 17th march 2021nifty 50 for 17th march 2021 a possible 30 min inside candle breakout patterns is observed, after a very volatile market on 16th march
we identified inside candle pattern after a breakout of a parallel curved line pattern... possibly a bearish breakout (for educational purpose)