MoneyMunch.com

NSE 3MINDIA: Elliott wave Projection
USDINR’s Trade Setup for Premium Subscribers
Nifty FUT Trade Setup For Premium Subscribers
Is Nifty Going below 15800?

Posted: 08 Jun 2022 03:34 AM PDT

Unlocked: Nifty FUT Trade Setup For Premium Subscribers
free nse stock index nifty tips

Our VIP users received a Nifty Future trade setup yesterday.
If you had traded the Nifty future setup, you could have made Rs.5750 (115 points) in only two trading sessions.

Timeframe: Daily

3M India has accomplished Wave 5 of wave C. Ending point of correction is the starting point of impulsive structure. Elliott wave principle believes that if prices are bullish, it has to confirm their move by breaking the lower-degree substructure.

If the price breaks out the 21580, traders can expect the following targets: 23518 – 25020- 26528.

Price is facing the following confluence zones:

3MIndia has broken the 50 EMA but faced resistance from 200 EMA.
Price is near the price territory of sub-wave 4 of wave C. The trend can’t be changed without a breakout of wave 4 of wave C at 21580.
Control line providing resistance to the price.

If the price fails to break 21580, It can fall to 20242 – 19440 – 18604 below. Bull traders can buy after a pullback to avoid fakeout & maintain the risk-reward ratio.

Only Premium subscribers can get a perfect trade setup at the exact time on our mobile application.

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips

Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

The post NSE 3MINDIA: Elliott wave Projection appeared first on Moneymunch.

USDINR’s Trade Setup for Premium Subscribers

Posted: 06 Jun 2022 10:08 PM PDT

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

The post USDINR’s Trade Setup for Premium Subscribers appeared first on Moneymunch.

Nifty FUT Trade Setup For Premium Subscribers

Posted: 06 Jun 2022 09:38 PM PDT

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

The post Nifty FUT Trade Setup For Premium Subscribers appeared first on Moneymunch.

Is Nifty Going below 15800?

Posted: 06 Jun 2022 08:30 PM PDT

Timeframe: Daily
Sellers are aggressive when price inters in the overbought zone. Price hasn’t made an excess on the upper band of the parallel channel. After entering the parallel channel and making a higher low, nifty has shown bullish momentum. It has made a recent high of 16793 and faced resistance from 200 EMA with a big bearish belt candle.

16860 is the key level for bull traders. If the price breaks this level, it can go up to the control line at 17100 and above.
Rejection from the pivot level indicates extreme bearishness, and it will drive nifty below 15910.

Timeframe: 4H
Nifty has completed wave A of triple three combination W-X-Y-X-Z. 16860 is pivot and flip-flop level for us. If the price breaks it, nifty can move up to 17100-172010. if it starts marching in an upward direction, trade can use a trail stop loss.

However, 17400 is a strong resistance.If bulls fail to break 16860, they will not even reach 17200
After the accomplishment of wave B, the price will fall for impulsive wave C of correction.
Traders can trade wave C for following taregts: 16250 – 16000 – 15800

If bulls have to change the trend, they must break wave b at 17400. Bullish move is only possible above 17400.

I will upload futher information soon.

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

The post Is Nifty Going below 15800? appeared first on Moneymunch.