Nifty fell beyond the imagination of many

تم تحديثه

today is a big red day for the stock market , trying to give some possible ranges for the Nifty future movement in comment section also trying to show my previous analysis related to nifty and nifty future which shown the big resistance level for both

ملاحظة

ملاحظة

nifty is following this curve and breached an important level and took support at the lower curve

ملاحظة

posted this nifty future idea with 12M levels on 25th Jan which acted as support at that time

"Nifty Future" and possible 12M candles levels

ملاحظة

price hit the higher level and took resistance from there and support at the below level so this level is important now as lower 12M level is quite low

ملاحظة

also posted this channel on 30th May

Nifty got the resistance from the higher channel

ملاحظة

posted these levels on 1st June

ملاحظة

on the same date for the gift nifty

ملاحظة

today after taking resistance from the 12M and monthly level

ملاحظة

Bn also breached multiple layer after hitting the monthly level white line

ملاحظة

nifty also following a bigger channel

ملاحظة

a longer channel showing the real reason for the fall

ملاحظة

so possible levels

ملاحظة

near the weekly lower bollinger so risky need to hold here as macd also negative

ملاحظة

monthly MACD started looking negative index at the monthly 10MA below MA is quite low

ملاحظة

so i don't have anything positive except the pattern level support, if, able to hold here we could see some consolidation and upward movement , if not, lower levels are too low for the next journey , it could be considered as the re- testing of nifty future 12M level which price breached earlier without any consolidation, lets c , lower monthly and weekly levels are given in the respective chart, will try to give daily levels tomorrow , in such kind of movement only extreme levels possibly will survive

ملاحظة

important levels for the month and week

ملاحظة

how above time line impacted the price movement

ملاحظة

got 2 trades bothway

ملاحظة

bn trying to change the pattern

ملاحظة

white lines are very important levels for nifty and bn

ملاحظة

monthly level s

ملاحظة

monthly inside bar

ملاحظة

needs a celebration if able to sustain here

ملاحظة

nifty future levels posted before the start of the week and now

ملاحظة

in 4H

ملاحظة

this one

ملاحظة

same gift nifty

ملاحظة

now

ملاحظة

some adjustments were made during day trading when using 1m tf to get the synchronisation with both the charts

ملاحظة

curve ne kya kiya

ملاحظة

nifty future 12M chart, so, resistance is there, lets c how price behave here

ملاحظة

inside bar

ملاحظة

4H & daily inside bars

ملاحظة

23214 important day inside bar level

ملاحظة

or 23215

ملاحظة

thanks closing this idea

ملاحظة

now closing finally just want show this pattern also th bn levels

ملاحظة

23447 is a 12M level so need some caution here

ملاحظة

new 4h candle for gift nifty in few minutes

ملاحظة

if interested in this pattern

ملاحظة

largest curve

ملاحظة

important place that's why giving some patterns but not going to give any follow up till closing try to plot these on your chart s

ملاحظة

previous day closing

ملاحظة

almost at yellow /4H

ملاحظة

nifty not able to break the green/day

ملاحظة

within the oldest curve

ملاحظة

no more updates for the day

ملاحظة

gift

ملاحظة

start of the week

ملاحظة

end of the week

ملاحظة

gift at the start of the week

ملاحظة

now

ملاحظة

future on 10th

ملاحظة

and now

ملاحظة

just press end button for the latest update , u don't need to scroll the whole idea and for the ist page home

ملاحظة

in future 23604 is a 12M level a resistance and 23505 is a monthly ,next levels are quite high

ملاحظة

old one

ملاحظة

250 pts bn

ملاحظة

a possibility tradingview.com/x/3PoziBOV/, well momentum is sharp

ملاحظة

new idea started click here

Nifty is following this channel in 15 min tf

ملاحظة

curves ended well

ملاحظة

also the nifty future ide

ملاحظة

ملاحظة

no more updates on this idea thanks for your support

omvats1

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.