Intraday Stock Tips

PLAN A (trade in channel) : Intraday Resistance 11287-96 for nominal target 11144 nearby and final channel target 11052

PLAN B (after breaking channel): Long side for subscribers only

Note: above all levels are for spot nifty, nifty future levels will for subscribers only

Below levels are for short selling

nifty, still weak after little bubble…
trade setup again for short side
Short  11370 with stoploss 11390 and with target 11266-11222 intraday

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Subscribers’ chat with trade on short NIFTY as above short call

Subscriber 1 (chat)

Subscriber 2 (chat)

Chart the weekly data for the NIFTY for the 2010 through 2015 time period and was obtained following patterns;

• Triangle pattern
• Parallel Channel
• Breakdown strategy
• Flag pattern
• Head and Shoulders Pattern
• Downward channel

We can easily understand the uptrend, downtrend, or sideways trend during that time. These all pattern are repeating time to time. We can also identify them while trading. Short-term traders sometimes practice what is called event trading. This is when either a news announcement is due, a surprise news announcement occurs, or a holiday is soon to occur. Holidays are seasonal, We will update soon very deepest research for identify future developing patterns.

Charts reflect market behavior that is subject to certain repetitive patterns. Given sufficient experience, some traders will uncover an innate ability to use charts successfully as a method of anticipating price moves.

Some analysts are now using pattern-recognition systems and other sophisticated computerized methods, and early results have demonstrated that, indeed, many of the traditional chart patterns have some predictive value. Charts have other uses, however, if only to quickly observe the history of prices. The benefits of chart use outweigh the problems associated with their interpretation.

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Following patterns are found for data of 2015 to 2019 (5 years data) on weekly candle chart.

• Channel pattern
• Flag Patterns
• Currently running Head and Shoulders pattern
• Remarkable zone 1, 2 and 3

Head & Shoulders pattern is still uncompleted with right shoulder. The neckline target is 10063
At the remarkable zone, it has highly priced rotation detected with tails
As per channel pattern, the range is 12600 to 10900. The gravitating target 12000 for nifty.

Conclusion, break 10900 below nifty can draw more downward.

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