Critical resistance and supports shown in the chart
Horizontal lines act as support and resistance
Currently stuck in a box. Let's see where it breaks! 11380±(20) the ultimate resistance. Disclaimer:- your capital at risk. Consult with your financial advisor before do any action or do your own analysis research.
The horizontal lines act as dynamic support and resistance
tcs looking bearish till 2142 , if taken support ,targets - 2176 , t2 - 2221 if broken 2142 level , downside target is 2120 , will take support from that level 2120 CAN be an demand zone . buy at those levels
Even in a squeezing price range, Nifty has been moving and trades could have been taken using the simplest yet most effective classical chart drawing: horizontal lines (demand and supply)
Support and Resistance Levels - NSE:NIFTY Support - 10250, 10175, 10000, 9700 Resistance - 10550, 10890
My analysis for going short today on 14 Jul 2020 at close. View invalid if Nifty closes above 10900. My initial target is 10300. Target may increase depending on who fast and strongly 10300 gets broken.
To Anticipate the Nifty 50(INDIA) Always analyze Dow jones, Nasdaq and SGX Nifty to have a clear cut view while trading So that you can anticipate the point of reversal or sideways or trending market with extra benefit of 0.55% more than others who don't analyze these.
#Bhartiartl in watch list. Probability of breaking down is higher. Point of distribution getting lower. Will wait and watch action around 540.
Hey There !! Prepare yourself for another round of selling in NIFTY50. Since in today's market, NIFTY50 has formed a red bearish candle after a green candle formed yesterday, it's an BEARISH ENGULFING pattern plus it is formed on a resistance that means a double conformation that market may go downward from here. You may see a Gap down opening tomorrow. In the...
UP TREND IN NIFTY AS PER DAILY TIME FRAME
DOWN TREND STARTED IN 15 MIN TIME FRAME, NIFTY WILL BE IN UP TREND AFTER CROSSING 10560.
FOLLOW
Educational purposes
Levels 9824 and 9704 are very critical, If both are broken nifty may turn bearish. if both levels survived multiple targets given in chart. Highest level is for whole month...