Hello everyone this chart technically measured and filtered by team INFINITYIV.
Due to high volatility and uncertainty in market it is important for us to provide you both side level,
which is helps you if market turned opposite.
WHERE CAPITAL ON RISK CHART SHOULD BE HIGHLY ACCURATE, EASY TO UNDERSTAND AND MORE RELIABLE.
LEVELS FOR WEEK:-
RESISTANCE*:-
⬆️16285
⬆️16529
⬆️16766
SUPPORT*:-
⬆️16166
⬆️15986
⬆️15778
(*there is chance of level mismatch by 0.01% of index)
KEY STRENGTH:-
1. World market closed positive.
2. Crypto currency’s too
3. PCR ratio indicates bullish
4. Heavy weight stock positive.
5. Reliance bullish.
6. Buy on deep extremely activated.
KEY WEAKNESS:-
1. Rising crude oil prices.
2. Commodity prices are attractive.
3. Rising gold prices.
4. Rising inflation.
5. TCS quarterly results.
6. FY 22-23 first quarter results not imperative.
CHART PATTERN AND INDICATORS.
1. 16 out of 24 ADVANCE INDICATORS negative.
2. Trend line rejection.
3. No any strong chart pattern seen.
4. In our view nifty range in this week is only 2%.
HOW TO TRADE WITH CHART.
1. Let close any side level mentioned on chart.
2. Let close 2, 15 minutes candle above or below.
3. Good to go for next level.
4. May be less profitable but it will sure profitable.
NOTE:-
1. We are not SEBI registered but our chart accuracy can be trusted.
2. If you agreed with chart please contact your financial advisor b4 taking any position.
3. We are here to provide you correct direction and accurate level only.
4. If you want to check chart accuracy you can check after this week expiry or go through rest uploaded chart.
5. Profit or loss are subject to market risk understand risk reward b4 trading.
6. Hit like if chart helpful.
GREETINGS:-
Happy trading and have profitable week.
Due to high volatility and uncertainty in market it is important for us to provide you both side level,
which is helps you if market turned opposite.
WHERE CAPITAL ON RISK CHART SHOULD BE HIGHLY ACCURATE, EASY TO UNDERSTAND AND MORE RELIABLE.
LEVELS FOR WEEK:-
RESISTANCE*:-
⬆️16285
⬆️16529
⬆️16766
SUPPORT*:-
⬆️16166
⬆️15986
⬆️15778
(*there is chance of level mismatch by 0.01% of index)
KEY STRENGTH:-
1. World market closed positive.
2. Crypto currency’s too
3. PCR ratio indicates bullish
4. Heavy weight stock positive.
5. Reliance bullish.
6. Buy on deep extremely activated.
KEY WEAKNESS:-
1. Rising crude oil prices.
2. Commodity prices are attractive.
3. Rising gold prices.
4. Rising inflation.
5. TCS quarterly results.
6. FY 22-23 first quarter results not imperative.
CHART PATTERN AND INDICATORS.
1. 16 out of 24 ADVANCE INDICATORS negative.
2. Trend line rejection.
3. No any strong chart pattern seen.
4. In our view nifty range in this week is only 2%.
HOW TO TRADE WITH CHART.
1. Let close any side level mentioned on chart.
2. Let close 2, 15 minutes candle above or below.
3. Good to go for next level.
4. May be less profitable but it will sure profitable.
NOTE:-
1. We are not SEBI registered but our chart accuracy can be trusted.
2. If you agreed with chart please contact your financial advisor b4 taking any position.
3. We are here to provide you correct direction and accurate level only.
4. If you want to check chart accuracy you can check after this week expiry or go through rest uploaded chart.
5. Profit or loss are subject to market risk understand risk reward b4 trading.
6. Hit like if chart helpful.
GREETINGS:-
Happy trading and have profitable week.
