#NIFTY50#PriceAction: Resistance at 24260/320/380; Support at 24050/100;
#Elliottwave : ABCDE seems complete; 3 in progress
#Fibonacci : of last rise 240112/085/050; of last fall 24170/260/480
*THIS ANALYSIS CAN CHANGE DYNAMICALLY BASED ON NIFTY DYNAMICS AND VOLATILITY*
#NIFTY50#PriceAction: Resistance at 24150/250; Support at 23800/850; break and support above 24050/100 could give bullish move
#ElliottWave : ABCDE likely complete; (2) of 12345 in progress
#Fibonacci : of last rise 23800/650/520; of last fall 24050/100/170
#NIFTY50#PriceAction: Resistance at 24000/050; Support at 23800/850; break and support above 24050/100 could give bullish move
#Elliottwave : ABCDE seems complete; (2) of 12345 in progress
#Fibonacci : of last rise 23800/650/520; of last fall 24050/100/170
#nifty50#PriceAction: Resistance at 24200/150; Support at 23750; bo and support above 24260 could give bullish move
#Elliottwave: ABCDE seems complete; (2) of 12345 in progress
#Fibonacci: of last rise 24020/23950, of bigger rise 23980/800/665; of last fall 24125/150/175
#NIFTY50-#PriceAction: Resistance at 24100/170/280; Support at 23900/700; break and support above upper trendline could give bullish move
#Elliottwave : C of ABC seems complete; confirmation needed
#Fibonacci : of last rise 23950/850; of last fall 24050/100/280/300
#NIFTY50#PriceAction: Resistance at 23950; Support at 23750/650
#Elliottwave : 3 in progress of 12345
#Fibonacci : of last rise 23670/400/100; of last fall 23850/900/24000
@Shyam_Nair_ Very true. I had similar results with my directional #optionbuying strategy which is in testing phase. Win rate is low, but PnL stayed positive with positive expectancy.
#NIFTY50#PriceAction: PA to be observed at 24100/150, if supported, it can reach 24300/500; if rejected, it can test support at 23950/900/800
#Elliottwave: 5 of 12345 impulse completed; B of ABC in progress
#Fibonacci: of last rise 23860/710/580
#NIFTY50#PriceActionTrading : if open is above and supported at 23950 can move to 24300/500; if rejection below 24950/850, can test support at 23780/650
#Elliottwave : 4 of 12345 in progress (valid below 24011.4)
#Fibonacci: of last rise 23780/650; of last fall 24175/270
@ilangoJustNifty This is priceless @ilangoJustNifty@JustNifty sir. The only caveat is that, to capture such trades, one requires relentless daily practice for at least couple of years with courage and complete trust on the 4 technical studies. Thanks for the Masterpiece.
#nifty50 - #priceaction: if open is below 23100 can trigger move to 22700 unless 23100/150 is supported; #elliottwave: ABCD n progress; #fibonacci: could retrace to 23300/330 of last fall.
#nifty50 - #priceaction: if open above 23267 and forming support can move upto 23420; #elliottwave: B in progress; invalid above 23267; #fibonacci: could retrace to 23280/350/420.