GIFT nifty is got the support from weekly trend line

GIFT NIFTY 50 INDEX FUTURES (NSEIX:NIFTY1!)

Mis à jour

NSEIX:NIFTY1! GIFT NIFTY 50 INDEX FUTURES

Gift Nifty is moving within a weekly and monthly channel, will try to give this month daily analysis in the below comment section

Commentaire:

monthly channel

Commentaire:

index is following few 5 Min patterns

Commentaire:

below 4H 200 MA and with in the pattern

Commentaire:

simply moving within 2 trend lines

Commentaire:

nifty closing

Commentaire:

nifty respected the day inside bar low but closed very near to it. so a gap down opening will make it as a possible resistance

Commentaire:

10 MA applying downside pressure trying to reach 20 MA , needs a strong upward movement to nullify it

Commentaire:

trying with full force

Commentaire:

might be intresting

Commentaire:

weekly closing

Commentaire:

continue with the pressure close up pending and a trend line

Commentaire:

seems not respecting the weekly inside bar level, possibly test the lower inside bar level with proper sl

Commentaire:

20 mins next 4H candle may be volatile

Commentaire:

👍 green to green, continue with momentum with caution

Commentaire:

my pattern range lines
yellow- 4Hr
green - day
light blue - week
white- month
solid-imp.
dotted -lesser
dashed - inside bar range

Commentaire:

these lines might work or may be not but r important caution points
i try to use smaller tf to gauge the strength of price at these levels
solid lines represents my normal tf levels,
there r others levels also like -
proportionate levels
extended levels, if price is showing a very strong movement

Commentaire:

dxy and green line

Commentaire:

gold

Commentaire:

weekly lines remains in the chart for a week, daily needs daily update

Commentaire:

important point for me is opening price, lines or trend lines above the opening price will acts as a resistance and below one as support, again these lines will not work always, just use these lines as reference/caution points , try to notice the price behavior wrt these lines

for direction ,i use MACD and Moving average close ups, not the crossover,some time RSI

Commentaire:

dotted green line is the day proportionate level, worked many time above the normal day level, beyond it day extended levels/ extended weekly levels

Commentaire:

new normal day range

Commentaire:

again consider these lines as a caution point, try to use smaller tf at these levels, an event like adani has the potential to break all these lines in a single day, but mostly respects the extreme levels, very helpful in normal trading days

Commentaire:

all this effort and pattern range

Commentaire:

again all the efforts and simple pattern lines

Commentaire:

boom

Commentaire:

😊

Commentaire:

weekly

Commentaire:

weekly closing

Commentaire:

without weekly and daily,

starting a new analysis, too many graphics here

Commentaire:

new idea and link

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.