INTRADAY TREND OF NIFTY 50

-

NIFTY 50 ... ENJOY THE POSSIBILITIES

 

Nifty 50 if opens above 10882 or sustains above 10882 for a minimum of 15 minutes and then if it crosses intraday high of 10922 of previous day in a convincing way then market will be considered as bullish and the important intraday levels that can be achieved are 10943/10955/10966/10976. The stop loss can be within a range of 10900-10880
Now what about the downtrend possibility? If  Nifty 50 opens below 10882 or trades below 10882 then what? There is a high possibility of nifty 50 to slide down to 10868 level. If nifty 50 trades below 10868 then can reach to 10856/10847. If Nifty 50 breaks that level too than can slide to 10793 levels. The stop-loss can be in a range of 10900-10880. Be ready for more updates once the level is achieved. 
Note: Levels mentioned here are of Nifty 50 spot levels. This strategy is only for educational purpose. Always trade at your own risk. 

- SAT KABIR

Comments

Post a Comment

Sat saheb

Popular posts from this blog

Nifty Trading Strategy as on 10 12 2018

-
Nifty if opens above 10675( crucial )  and trades above this levels with volumes and also if sustains above this level for at least 15 to 20 minutes….. then will move ahead to……10706 ( crucial )level….. Cross over above this level and if sustains above this 10706 level for some times then will go ahead to…..10723 ( crucial ) level….. Iffffffffffff crosses this toooooooooo then will move to 10734 level…….Again a very crucial level….  Well…………… If opens or starts trading below 10675 levels then will slide down to……….10650 /10639  levels….. If  breaks this 10650/10639 ( crucial )  levels and sustains below this 10639 level  also then will go down to…….10600 level…… If breaks this also……………… and that too with huge volumes and sustains below this for at least 10 minutes then will come down to  10583 level…. If breaks this toooooooooooo then may go to 10526 level…… NOTE :-: It May Be or May Not Be... But We R supposed To see That... Lets See Wh...
Read more

NIFTY TRADING STRATEGY INTRADAY AS ON 6 DEC 2018

-
PREVIOUS SESSION (5 DECEMBER 2018) In previous session we predicted that the market will open in gap down and exactly same happened. Market opened almost 49 points down at 10820.45. As we mentioned that if market opens or trades below 10868, then market tends to slide down and exactly same happened... Market opened at 10820 and slide down to hit 10798 level .  Market was range bound for two hours and was in 10798-10781 level. After that market went straight to 10774 level. Nifty unfolded strongly at that level to hit an intraday low of 10748.05. From 10748 level Nifty again bounced back and almost closed a tad above our level of 10781 at 10782.9. Technical analysis shows a bearish trend of the market and a gap down opening is highly possible tomorrow. NIFTY TOMORROW ( 6 DECEMBER 2018) Nifty if opens or trades above 10793 then it will go to 10802/10825/10838/10846/ 10856 levels. A crossover above 10856 and if Nifty sustains above 10856 for at least 10 minutes with volumes...
Read more

NIFTY 50 AT 10850.... WHAT NOW...

-
Image
Nifty 50 is now at a very crucial support of 10846. If Nifty 50 breaks this level of 10846 and sustains below 10846 for sometime then Nifty 50 will slide down to  then will go down 10835/10822/10808 levels. ... Wait and watch...    Disclaimer:  Investment and trading in index, equity shares has its own risks. This material is for educational information and we are not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise.
Read more