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  • Nifty Report 15-6-22

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    Rajib Kr Phukan
    19 views5 pages
    The document provides a market analysis and outlook for the Nifty index from an analyst named Doc Amit. It shares that the Nifty gave a sharp bounce after dropping to 18,604 but needs to move above 18,200 to target further gains towards 18,900-19,200. Positional views see the index in wave Z down with selling opportunities on pullbacks towards 15,873-16,000 and lower targets of 15,600-431-223. Intraday levels are provided to trade differently than positional views.

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    Original Title

    NIFTY REPORT 15-6-22 (3)

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    The document provides a market analysis and outlook for the Nifty index from an analyst named Doc Amit. It shares that the Nifty gave a sharp bounce after dropping to 18,604 but needs to move above 18,200 to target further gains towards 18,900-19,200. Positional views see the index in wave Z down with selling opportunities on pullbacks towards 15,873-16,000 and lower targets of 15,600-431-223. Intraday levels are provided to trade differently than positional views.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    19 views5 pages

    Nifty Report 15-6-22

    Uploaded by

    Rajib Kr Phukan
    The document provides a market analysis and outlook for the Nifty index from an analyst named Doc Amit. It shares that the Nifty gave a sharp bounce after dropping to 18,604 but needs to move above 18,200 to target further gains towards 18,900-19,200. Positional views see the index in wave Z down with selling opportunities on pullbacks towards 15,873-16,000 and lower targets of 15,600-431-223. Intraday levels are provided to trade differently than positional views.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 5

    How to understand

    market behaviour
    and
    its next move?
    Objective, simplified approach by DOC_AMIT
    TWITTER ID :doc_nifty contact no: +918780933053

    THIS NIFTY ANALYSIS REPORTS ARE FOR EDUCATION PURPOSE ONLY.

    DO NOT TRADE BASED ON THIS WITHOUT CONSULTING YOUR REGISTERED


    FINANCIAL ADVISOR.

    I AM NOT SEBI REGISTRED ANALYST.

    THIS REPORT IS FOR PRIVATE CIRCULATION ONLY.


    From 18604 nifty had done its requirement for wave 4 drop n gave sharp bounce
    further projection are in chart.

    Nifty is facing trend line resistance , it need to move abv 18200 for move towards
    18900-19200, unable to cross that we can see 17200-16300(done)-15435.
    POSITIONAL VIEW
    From 18114 nifty is doing wave z

    No change in positional level.

    Next gann date on 16th.

    We are in w 3 down any pull back towards 15873-16k is selling


    opportunity with sl 16030.

    Lower tgts are 15600-431-223.

    Wave counts will be like below.


    Intraday levels

    They are completely different from position trade direction.

    Avoid playing weekly. next week or monthly atm option will work like
    future.

    At t1 book 25% tsl at cost

    t2 book 50% tsl at t1

    t3 book fully.
    GANN LEVELS

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