Nifty Weekly Analysis and Prediction for Tomorrow:
Nifty is very weak closed below 17K is not a good sign. Only support in Nifty is 16830 - 16850. If this support level is compromised we can expect 16K very soon.
Tomorrow Nifty likely to open Flat, if any pull back to 16991 supply zone, we can anticipate SELL entry for lower targets.
Don't go long.. SELL on...
Nifty is still in the same downtrend and is near channel bottom. Risk reward for bearish trade does not seem good, so I will wait for bottom and go long. Since this week has only 3 days, I may carry the same long trade for next expiry unless SL is hit. Again, I will take trade as near as the support area and take no more than 20 - 25 points SL. Thank you!
I am looking for an interim 5 wave impulse up move to complete a bigger degree wave b and after wards a great fall of higher degree wave C... get ready for thrilling roller costar ride ...
Upcoming targets in nifty @18225
time frame = 8 to 13 trading sessions...
sl @ 16950
terms & conditions :
* these findings are according to wave analysis and not mentioned...
Weekly Spot Levels
Buy Above 16985.84
Buy Targets 17073.46 17160.59 17231.02 17301.45 17401.72 17462.60 17670.30 17898.30
Sell Below 16879.36
Sell Targets 16791.74 16704.61 16634.18 16563.75 16463.48 16402.60 16194.90 15966.90
Based on some people's requests I have posted the weekly levels with sentiment back again. Suppose there are a good number of views...
Nifty futures trading is a popular form of investing in the Indian stock market. Nifty futures allow traders to buy or sell the Nifty index at a future date at a predetermined price. The Nifty index represents the performance of the top 50 companies listed on the National Stock Exchange of India.
In recent times, the trend of the NSE:NIFTY1! has been bearish,...
Chart is self explanatory.
Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing.
Dear All,
So, finally once again we had seen the magic of 17180 level . As even after making a high of 17205.40, Nifty had ultimately given us a closing of 17076.90
Today will somehow be a very crucial day, where the bulls are waiting for a closing of above 17180. Because for the past consecutive 2 days , Nifty tried its best to cross this Resistance level...
NIFTY Intraday Trade Setup For 24 Mar 2023
Buy-Above 17120
Sl- 17070
T- 17200 17295
Sell-Below 17045
Sl-17095
T-16950 16850
NIFTY has closed on a bearish sentiment with 0.44% cut. It was a full volatile session from opening. Today it opened gap down and 10 o'clock range broke upside above 17131 and gave a good move till 17200+. Last swing high low was of 30...
Hello Traders!
1. The previous count wasn't respected by the market. So we had to check for a new count . After re-analysing the Nifty 50 market, we realised that it is the Wave C of the correction that is in progress .
2. We have a major support of 15300 . That's where we expect the market to be soon. An overall fast, impulsive movement.
3. The only ...
NSE:NIFTY NIFTY has closed just beloe resistance area (just like bnf & fin nifty), if opens flat/ minor gap down, then nifty should retest fresh support and try to reach target of 17225 range zone if manages to close 15 min candle above 17155 and sustaince above it,
17207/17240 area can act as next resistance to hold nifty ftom going more upside.
if nifty...
Technical charts of the Nifty march future suggest bullishness, I am going long at CMP(17144) and will add more below 17082.85, my stop loss for long is at 16983.
Seems titan is near a Breakout, Watch upcoming days for confirmation. Watch 2523 levels closely on a Daily closing basis, above the level can see another Rally
Dear All,
After witnessing a gap up opening in Nifty yesterday, there was a hope that the Index might give us a closing of above 17180 . However, unfortunately that did not happen .
Which, therefore, is a clear indication that the level of 17180 is still working as a strong Resistance for the Market. Furthermore, we are still with our words, that ...
we can plan a target of 17400 17500 if nifty sustain and close 15 min candle on 20 march 2023 Monday's high. the reason behind the trade is nifty following channel and at support area where it bounce last time and made new high. so i will plan long with stoploss of 16800 . on spot chat.
NIFTY Intraday Trade Setup For 23 Mar 2023
Buy-Above 17166
Sl-17115
T- 17270 17365
Sell-Below 17105
Sl-17155
T- 17028 16950
NIFTY has closed on a bullish sentiment with 0.26% gain. It has formed a spinning top candle in daily TF which is a sign of halt/rest. Above its high bullish momentum will continue and below its low if sustained we will see a down move....
