NIFTY50 Daily Analysis!
Head and Shoulder Pattern Formation in NIFTY 50!
Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting!
NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice Head and Shoulder Pattern on a Daily Timeframe and it started retesting to its support level 18069.
Scenario 1 = If Nifty took support at its recent level 18069 which is also one of the important Fib levels 1.618(Nifty will move up to 18369.30 ) = UP
Scenario 2 = If Nifty breaks above level(Nifty will move down up to 17900 which is Neckline extended support trendline ) = DOWN
Scenario 3 = If Nifty breaks above level(Nifty will move down up to 17557.40 which is a major swing level) = DOWN
Rest of the Analysis you will find on chart. I have done all the possible Analysis on the chart which took lots of time. If you like this Analysis please support this Analysis.
I hope you will lean something about Technical Analysis from this chart.
Thank you all for your Support!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
Head and Shoulder Pattern Formation in NIFTY 50!
Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting!
NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice Head and Shoulder Pattern on a Daily Timeframe and it started retesting to its support level 18069.
Scenario 1 = If Nifty took support at its recent level 18069 which is also one of the important Fib levels 1.618(Nifty will move up to 18369.30 ) = UP
Scenario 2 = If Nifty breaks above level(Nifty will move down up to 17900 which is Neckline extended support trendline ) = DOWN
Scenario 3 = If Nifty breaks above level(Nifty will move down up to 17557.40 which is a major swing level) = DOWN
Rest of the Analysis you will find on chart. I have done all the possible Analysis on the chart which took lots of time. If you like this Analysis please support this Analysis.
I hope you will lean something about Technical Analysis from this chart.
Thank you all for your Support!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
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*INVERTED HEAD AND SHOULDER PATTERN*ملاحظة
#A Little Naming Correction in the Patternملاحظة
50-100-200 EMA Analysis!ملاحظة
RSI Analysis!ملاحظة
NIFTY Analysis on 15 Minute Timeframe with RSI!ملاحظة
#NIFTY Analysis on 15 Minute#2 Visible Targets Reached
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All 15 Mins Targets has been Reached Successfully!تم فتح الصفقة
Target 1 Reached on 11th May. Sorry for the late update.ملاحظة
Will NIFTY 50 respect 38.20% Retracement? Which is the most important Fib Level!ملاحظة
Nifty50 Today's Trade!Trading based on Double Bottom Pattern with RSI Divergence for Double confirmation!
تم فتح الصفقة
We are going towards our 2nd Target 18688.65 but little hurdle is there which is 18602.85 Level. If we crossed this then will see 18688.65 levels of Nifty 50 soon...This week was awesom, right?تم فتح الصفقة
Target 2 has been Reached!أغلقت الصفقة: تم الوصول للهدف
All Targets have been reached successfully as per our Analysis!ملاحظة
Thanks for your support guys!ملاحظة
One of the best Analysis. One can use it for Case Study.ملاحظة
We have seen a rally from 18055 to 19300 !
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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.