Nifty will be gap up opening in today's session. After opening nifty sustain above 22390 level and then possible upside rally up to 22510 level in today's session. in case nifty trades below 22330 level then the downside target can go up to the 22210 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22400 level and then possible upside rally up to 22530 level in today's session. in case nifty trades below 22330 level then the downside target can go up to the 22210 level.
Wipro is at cloud support on monthly charts & this could be taken as a great support for a big move. Can keel stop loss near 388 levels for target of 470 -540 & further new highs in long term.
If Nifty breaks out of the neckline then we might see a rally till 20500-20800 but if there is a heavy rejection from the resistance area then there are supports(trendlines) drawn till where it may bleed to. You may short or long it as the price action develops and a trendline in broken. *Not a financial advice only for educational purposes*
Nifty will be gap up opening in today's session. After opening nifty sustain above 19760 level and then possible upside rally up to 19880 in today's session. in case nifty trades below 19720 level then the downside target can go up to the 19600 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 20200 level and then possible upside rally up to 20320 in today's session. in case nifty trades below 20160 level then the downside target can go up to the 20040 level.
Chart Patterns, 1. Ascending Triangles - Weekly time frame ( March'22 to till date) 3. Retest Previous ATH Level, highlight with yellow color 4. 3 White Soldiers - Weekly time frame, depicts high bullish sentiment. Nifty to reach 23k in next 12 months.
Nifty will be gap up opening in today's session. After opening nifty sustain above 19840 level and then possible upside rally up to 19960 in today's session. in case nifty trades below 19800 level then the downside target can go up to the 19680 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 19360 level and then possible upside rally up to 19480 in today's session. in case nifty trades below 19340 level then the downside target can go up to the 19220 level.
Nifty is not taking the benefit of the gap up opening and is coming for selling from the very first candle. Though, the market recovered after falling and closed 36 points above, still there is sideway to volatile market. Option sellers market is on as the volatility is taking away the premiums benefitting the sellers. On the hourly charts, it took support...
Nifty is still forming doji after doji. The market on the daily time frame is still below the moving average and in sideways mood. On the hourly charts, market tested the support zone and tried to move up but took resistance from the 20 ema and gave a retracement after touch the levels. There is also an evening star pattern there. Market slow tried to move upper...
Nifty of consecutive four weeks have been forming a red candle and is making a support zone around 19250-300 levels. Market has tested another low this week but there is some buying happening around 19250 levels and it has been tested twice this week. On daily charts, market has formed another doji which signifies a confusion in the markets. Nifty has been...
Next 4-5 trading sessions may give the view of the market and by mid of September there will be a clear idea of market. --> Nifty support at 19260 and no immediate strong support --> Bank Nifty currently at support 43300 With these price actions, we are expecting a downward move in coming days. As the Nifty supports are weak and if the price moves 2-3% below...
Analyze the time frame: Monthly : Candle engulfing Weekly: Black Crows Daily: Lower lows and lower highs are formation 1. Closed below 19375, implying negative sentiment. 2. Exit the regression channel 3. A decrease in relative strength. The triggering factor is, 1. 33/50 stock decrease. 2. The banking industry is the most affected. Moving...
Nifty has formed a doji and trade whole day in a range of 100 points. The market is following a rising wedge channel and today has given closing above 20 ema. On the hourly chart, it has closed above both the moving averages. There seems no opportunity for option buyer. Market opened gap up and remained volatile. Fight between buyer and seller couldn't take...
Nifty has given a flat closing after gap opening and remained jittery through out the trading session. There was a profit booking initially and after that neither buyers nor sellers took over and formed doji after doji. On the hourly time frame, market took support from the 20 ema and closed near the levels. Market took money of option buyers and consolidated...
Nifty important intraday levels to watch for 31-07-2023 #Support: 19560 Short if candle closes below 19560. #resistance: 19770 Long if candle closes above 19770. #Targets on downside after break of support. Target 1= 19470 Target 2= 19380 #Targets on upside after break of resistance. Target 1= 19760 Target 2= 19850 Target 3= 19970 Remember each level will...
After 4 weeks in green market has given a halt candle near the high forming a red doji candle. Even on the daily charts, market has formed a doji, on the lower side of the range in which it was trading. The monthly expiry was a good one and the trend remain on the sell side whole day. Nifty is trading around 20 ema (daily) and if it breaches the levels it can...