Nifty Hourly Breakout of the Consolidation Range

تم تحديثه
nifty after a big and fast 1000 point up move starting of september month
and after that there is some side ways time consolidation or retracement happen in last 10 trading session

now what we can see that price breakout of Two different triangle upper trendlines
so my view is here to go Long in to Nifty
------------------------------------------------------------------
buy if hourly closing happen above 19750

stop loss 19450

target 20500 for this trade
-----------------------------------------------------------------
تعليق
i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade
تعليق
thank you for reading my idea
if found any related query allow me to answer
تعليق
if you think this idea is use full
please like and share
also follow and comment your thought about this analysis
تعليق
لقطة
تعليق
hourly Rsi 14 setup
تعليق
لقطة
تعليق
hourly Macd Setup
تعليق
لقطة
تعليق
Hourly Bollinger Band Setup
تعليق
لقطة
تعليق
hourly Simple moving average setup

sma 200 - black
sma 100 - red
sma 50 - green
sma 20- blue
تعليق
into the last one hour of session mkt slip 100 point from top but don;t worry about that all sector indices are in green so next day 100 gap-up possiblity
تعليق
and if gap up happens than
Hourly closing above 19750-19775 is our buying entry executed
تعليق
لقطة
تعليق
On monthly candle setup

its a clear breakout seen
تعليق
world mkt specially US mkt is in very much sell mode so that was the only concern
تعليق
Still trade not executed
Buying only if Hourly closing above 19750-19775
تعليق
still waiting
Buying only if Hourly closing above 19750-19775
تعليق
Nifty 50 daily in a Parellel Channel
تعليق
daily channel
تعليق
لقطة
تعليق
لقطة
تعليق
لقطة
تعليق
لقطة

short term chart its a perfect reversal point
تعليق
لقطة
تعليق
today hourly chart its a clear and confirmed breakout happens
so for now any dips near 19500-19550 is a buy positional
تعليق
finally its a brekout
تعليق
any short term dips near 19660 is a also a fresh entry
تعليق
as i told previous day Oct 12 update that any where near 19660 is also a fresh entry
for buy
تعليق
لقطة
new 15 min range for nifty
Chart PatternsTechnical IndicatorsTrend Analysis

منشورات ذات صلة

إخلاء المسؤولية