S&P CNX NIFTY INDEX FUTURES
11,670.80INRR
−50.70−0.43%
At close at Oct 29, 2020, 09:59 GMT
INR
No trades
S&P CNX NIFTY INDEX FUTURES forum
NIFTY1! waiting for 24486...23981 this week
NIFTY1! There is this possibility of a symmetric triangle in GIFT.
Why the occurrence?
The triangles are possible when the market moved too far too fast + before one last move in the sequence, too!!!
In our case, we had some serious long term trend resistances in the areas of 25100 ~ 25200 in addition to the above said factors.
If I'm right here - there are 2 significant takeaways,
1. There is a final upward move remaining in the sequence that can emanate from where the E wave ends & can go up by 750 ~ 770 pts.
2. Following which the market will return to correction in monthly time frame(NO ALL TIME HIGHS are expected out of this final move).
Why the occurrence?
The triangles are possible when the market moved too far too fast + before one last move in the sequence, too!!!
In our case, we had some serious long term trend resistances in the areas of 25100 ~ 25200 in addition to the above said factors.
If I'm right here - there are 2 significant takeaways,
1. There is a final upward move remaining in the sequence that can emanate from where the E wave ends & can go up by 750 ~ 770 pts.
2. Following which the market will return to correction in monthly time frame(NO ALL TIME HIGHS are expected out of this final move).

NIFTYM2025 I expect one final higher leg testing 25,500 levels before any monthly correction onset.
The real question is will there be a fall before the said one higher leg?
TBH, i see a probability of 60-40 & inclined to having a correction before any new high.
Let's see what story market has to tell!
The real question is will there be a fall before the said one higher leg?
TBH, i see a probability of 60-40 & inclined to having a correction before any new high.
Let's see what story market has to tell!

NIFTY1! How it will perform today
NIFTY1! coming in May and June 26789+let see market plan 🙏
Hey Bhaveshavaani
NIFTYK2025 has weekly res at 25.7K, though not on June . Both Nifty and GIFT May are facing resistance around that level. With the monthly close approaching, things are getting interesting — a trade deal is in progress, and Trump is applying pressure with remarks like “Tim, build in America, not in India,” and “India can take care of themselves.”
NIFTY1! I feel the prediction model is wrong but lets see who knows?

As of 3 AM IST today, NIFTYK2025 below 24,200 — and what a bounce we’ve seen since! Clearly, the operators and institutions are active; you know the drill. That’s exactly why I mentioned in yesterday’s post that buying insurance for today made sense if the mid-level support was broken.
NIFTY
BANKNIFTY
NIFTY
NIFTYK2025 Market is facing upward resistance from mid T.line
This is a good setup with High R_R
MAX risk only 200pts away.
This is a good setup with High R_R
MAX risk only 200pts away.
