Free Stock market / Nifty intraday tips, FREE Stock, Commodity & Forex tips

Nifty technically short-term bullish, but…

free nifty intraday chart tips

free nifty intraday chart tips

Nifty hasn’t given a continuous breakout of the lower high. If nifty couldn’t give consecutive closes above lower high, there can be a failed swing low and signals resumption of the trend.

In 30 minute timeframe, the price has made a value area box where supply equals demand. If nifty gives a continuous break to the upper band of the value area, traders can initiate a buy position for the target of 17554-17586-17618.

Strong closes above 17621 indicate a good time for bull traders.
Swing failure may drive the price lower. Bear traders can look for 17465-17408-17312.

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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12 Comments

  1. Nifty looks strong but FII behavior is very important. We should examine the main factors of GDP as a new version of Covid is coming.

  2. Love your videos. Very helpful. Please keep updating us with stocks and indexes. Would you be willing to review bank nifty? Thank you so much!

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