Hello, guys, this is Shubham
Welcome to another blog and I hope you really enjoyed it to read my blog and I also love to write for you guys so stay tuned
now today alter long time I forecasted a chart of the nifty usually I work with stocks but today I found the very good opportunity in nifty, so I am just going to see you my forecasted chart of nifty in a different time frames
this is the monthly chart of the nifty here you can see that after the 2008 crisis nifty was moving a descend ascending channel and when it breaks it shows some correction and now from the here it is going to upward for the level of the 13000 approx
this is the weekly chart of and here the importent point is that the ascending channel which is now going to break for touch the level of 13000
the reason why I am bullish is a quite simple first technical chart showing bullishness second the fundamental part the economic effects like budget, new tax rate, corporate tac all the importent economic aspects had come and it is also good for the economy and as I learn whatever is good for economy is good for the stock market
this is my long view on nifty and now I will tell you about intraday trade in nifty\
so this is the daily chart of the nifty and again you can see that one more ascending channel
lots of ascending channel chart I found in nifty in a different time frame,
and finally, this is the hourly chart in which you will initiate a long trade in nifty for the intraday
so the entry point is around 12140-12150 and stop-loss will be 12070 and the target will be 12280 but yaa I have one condition it must sustain at the level of 12100 to 12130
so guys if you want to initiate an intraday trade so you can initiate this trade and I have little disclaimer also this is my study in nifty please do your study also before initiating a trade
so guys thank you for reading this follow me on Instagram
stay tuned
Happy trading
Welcome to another blog and I hope you really enjoyed it to read my blog and I also love to write for you guys so stay tuned
now today alter long time I forecasted a chart of the nifty usually I work with stocks but today I found the very good opportunity in nifty, so I am just going to see you my forecasted chart of nifty in a different time frames
this is the monthly chart of the nifty here you can see that after the 2008 crisis nifty was moving a descend ascending channel and when it breaks it shows some correction and now from the here it is going to upward for the level of the 13000 approx
the reason why I am bullish is a quite simple first technical chart showing bullishness second the fundamental part the economic effects like budget, new tax rate, corporate tac all the importent economic aspects had come and it is also good for the economy and as I learn whatever is good for economy is good for the stock market
this is my long view on nifty and now I will tell you about intraday trade in nifty\
so this is the daily chart of the nifty and again you can see that one more ascending channel
lots of ascending channel chart I found in nifty in a different time frame,
and finally, this is the hourly chart in which you will initiate a long trade in nifty for the intraday
so the entry point is around 12140-12150 and stop-loss will be 12070 and the target will be 12280 but yaa I have one condition it must sustain at the level of 12100 to 12130
so guys if you want to initiate an intraday trade so you can initiate this trade and I have little disclaimer also this is my study in nifty please do your study also before initiating a trade
so guys thank you for reading this follow me on Instagram
stay tuned
Happy trading
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