Nifty Hourly Chart Greek Parliament passes key austerity package is the latest headlines(Buy on Rumors and Sell on News will this again show it effect) Nifty is rising from past 5 days 🙂 Last time in remember Nifty rose from 9 days in a Row Expiry Jitters tomorrow and volatile session is on its way.… Read More »
Nifty Hourly Nifty has broken its 5250-5330 range and What a move.Breakout moves takes everyone by surprise and when the whole world is bearish. The most part of trading is applying your trading discipline and controlling your emotions.As a trader you should change your color as soon as market changes the Color. Market is… Read More »
Nifty Hourly Nifty Hourly traded as we had discussed in Previous post taking support at lower end of 5255-5245 range and resistance around 5325-5330 levels. Classical Example of Support 5325 (Swing low before the fall) becoming Resistance Today’s High 5330 Nifty Daily On Daily chart Fibo retracement from a High of 5609 to low… Read More »
Nifty Daily Chart Nifty daily has shown an inside day today and tomorrow should be crucial in term of a good trending day based on previous experiences of a INSIDE DAY Fall till 5196 was based on trendline support as shown on above chart. 5389 is crucial top formed trade above which can only be… Read More »
Nifty Hourly Chart Nifty Hourly chart shows the last support where a Bounce can be expected is last swing low of 5325. Hourly Chart are still in selling channel as shown in above chart and a close above 5391 and 5440 are important resistance levels. Nifty Daily Nifty Daily is again moving in a… Read More »
Nifty Hourly Chart Has the Breakdown Happened ? Nifty hourly chart is shown below where i have marked the support areas. 5393 was one Support the most important support will come near 5365-70 range if this get broken and sustained we will see a momentum fall. Hourly Indicators are in Oversold zone and Rallies… Read More »
Nifty Hourly Chart Nifty hourly gave a breakdown after 5 days of sideways move 😉 and gave a downmove till 5450 where we told the support lies in our previous post. IIP data gave a most awaited downmove for the Nifty.5450 and 5420 are again cluster of support present. As a Trader you need to… Read More »
Nifty Hourly Chart Nifty Hourly chart is forming a converging triangle as shown in the below chart.Nifty Futures have been in a trading range from 5480-5570 from past 5 days.Lows have been rising. After Every Volatile Move Sideways move come and after Sideways move Volatility lies ahead. On Hourly Chart we have support 5480… Read More »
Nifty Hourly Nifty Hourly Chart as discussed in Previous post 5600 should be crossed and sustained for further upmove. Nifty crossed the levels briefly but was unable to sustain the same.Reliance AGM was a reason for market to correct 😉 5600 becomes psychologically more significant level. As Seen from Hourly chart on Downside we have… Read More »
Nifty Hourly Nifty Hourly charts as discussed before 5510 was the main resistance and break above that made nifty to close above an important short term resistance of 5555. Now nifty is entering into another zone of resistance which was previously the swing high of 5601 which needs to be crossed and 5590 levels where… Read More »