#nifty Key supports and resistances for the day, most likely an attempt to breach resistance 16660, will be done in the morning and then correction towards 16495 is a high probability. Sideways or gap up opening would be the first confirmation for the above view.
NIFTY did manage to successfully close positively in an earlier supply zone. The up move in price was driven by short covering and not fresh buying. Because of this we can expect some downward movement in the markets today . As mentioned in our study yesterday the index can take support near 16130-16080 zone. We maintain the market can remain sideways between...
In the week gone by NIFTY has made an inside bar on weekly charts. However the price action for the last five weeks clearly show buying emerging at lower levels and one can see higher lows being registered in the last five weeks. Based on price action in shorter time frame and also after looking at the FnO data we think the market is likely trade sideways with in...
Only for education purpose Nifty analysis Only for education purpose Nifty analysis
watch nifty to get out from range of 16444 to 16382 for intraday
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:BANKNIFTY on 26-may bank, nifty managed to break and closed above the heavy resistance of 34800- 35000 and it has closed at 35100. if this breakout is sustained above 35000 then a reversal in trend is signalled and a new bullish trend will start. A test of the breakout zone is needed to validate the new uptrend. Caution- nifty and bank nifty and not...
Get Nifty Direction With Option Chain Analysis For Moe Details Search in Google - Manoj Shinde 27485
BANKNIFTY INTRADAY SUPPORT & RESISTANCE LEVELS DATE:-21.04.22 Today Gap UP opening possible, Watch levels carefully it will act as strong support and resistance . If particular level cross and sustain 5 min candle then enter in trade. Note : This is only for Educational purpose this is not for an trading advice. please support the setup with your likes and by...
BANKNIFTY INTRADAY SUPPORT & RESISTANCE LEVELS DATE: 19.04.22 Today Gap UP opening possible, Watch levels carefully it will act as strong support and resistance . If particular level cross and sustain 5 min candle then enter in trade. Note : This is only for Educational purpose this is not for an trading advice. please support the setup with your likes and by...
04-04-2022 support and resistance levels .......................................................................................................................................................
NIFTY INTRADAY SETUP AS ON 29/03/2022 1. on Daily CHART nifty form hammer candle which is bullish indication for nifty trend 2. on 15 min chart nifty given trendline breakout and close above trendline last closing session which is also bullish sign 3. nifty cloase at 17222 where nearest resistance found around 17230 Cross above the resistance next session and...
Nifty which was facing resistance around 200DMA has significantly crossed above it with huge gap and the next level resistance level cold be 17385 i.e.100DMA so, we will wait till nifty sustain above 17385 to go long above which 17520 could be seen. RSI has also given breakout above 55.9 and supporting the up move. View bullish on nifty. #Enjoy_trading
NSE:NIFTY Trade Setup for 04-03-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...
CMP: 2398 Falling channel pattern. Breakout above 2405.
CMP: 2399 Good upmove, then consolidation, breakout, retest and now near breakout level 2400.
16800 is acting as a support. On the upside, 4H TRENDLINE is acting as a resistance with 17400 & 17100. All these levels will be important for tomorrow's market.
SGX Nifty has shown a range breakdown with RSI breaching below 40, so be cautious.