Buying zone - 490-492 Target 500 If opens gap up - selling may come near 500, then look for reversal
Nifty : After Gap down opening nifty able to recover and not broker today's low. also its forming triangle pattern. If we see gap up opening and sustain market its very positive for market. Wait for market to stable and broke no trading zone. Levels are updated in chart Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please...
Understanding trends through supports and resistances,
CHART Nifty green candle with long top wick; banknifty reverse spinning red top; both indices closed in RED OC. 17200-17500; 35500-36000 PCR. Nifty Bullish; Banknifty bearish FII. -1740 DII. 2091 FnO Data short build up RSI. 55; 47 ADX. 18:19 Conviction neutral; expect range bound action Bias. Nifty neutral; banknifty bearish (not able to...
NSE:NIFTY Trade Setup for 25-03-2022 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...
Multiple confluence found which indicates break in nifty rally and possible reversal. 1. 90% fib retracement level found at 17600 in 4th wave which can act as major resistance from 10feb swing high. 2. 17600 is the level conferencing with divergence trend line which is a psychological round number. 3. Divergence is found on 15 min timeframe. look at RSI even...
Nifty on multiple small time frame has been taking resistance from its 20ema. On an hourly time frame, nifty has closed just below the 20ema and is near its crucial support of 17190. Nifty is bit stronger than bank nifty. Market may consolidate before moving either side. Trade opportunity will be in the second half. #tradingworld
Bank nifty after a good gap up has been in bear trend. For last 2 trading days, bank nifty fell about 1100-1200 points. Market may consolidate of fall further as the trend has been bearish. We may trade in the second half of the day after a consolidation.
Nifty Futures Analysis, Nifty at crucial level. The Nifty is likely to retrace and rise further, if it breaks the resistance line and stays above 17500, we may see new highs in the short to medium term. On the downside, major support should be around 17000-16500. Current scenerios, news is always going to have a major impact.
NIFTY Intraday Trade Setup For 25 Mar 2022 Buy-Above 17310 Sl-17350 T-17400 17450 Sell-Below 17147 Sl-17200 T-17060 17000 NIFTY has closed almost flat on Thursday. It opened with a decent gap down. All levels became invalid due to this. It was too volatile till 2 o'clock . Market showed all kinds of move. 10 o'clock range broke upside but that became a false...
Nifty is likely to play within the range I have tried to identify the high and the low of the previous performance to predict the likelyhood of the future range ! #Nifty
Nifty opened with a Gap-up at 17414 and we saw a selling at open which brought Nifty towards the 17300 zones which acted as support for some time but Nifty broke this and made low near to 17200 level. Trades we took today - > Bought Nifty 17300 CE at 185 which we booked with 20 points loss > Bought Nifty 17400 PE at 145 which we booked with 7 points loss >...
NIfty 50 is trading in a range. Wait for the range to break to gain momentum on either side. The XABCD shark pattern and AB=CD give us the targets for shorts and longs. This could work for the hero or zero setups also. Keep a SL according to your risk appetite.
Nifty will open gap down in today's session. Expected opening below 17200 level. After opening if nifty starts trading below 17180 level then possible further downside upto 17020 level. Any upside movement only possible if it's sustain above 17200 level.
On 1 hour time frame nifty is taking support at its 20ema. The market may consolidate near the 20 Ema or fall further. Support:- 17100, 17000-17030 Resistance:- 17321, 17500 Wait for the price action near the trend line.
Good Morning! It is being expected that Today will be a judgmental day. Somehow or the other, also because it is a day of weekly clearing today. On observing the Market momentum and the closing of the past few days, we can say that the index is repeatedly facing difficulty in strongly crossing over its resistance area of 17300-17400. So, keeling that in mind,...
#NIFTY50 expiry day analysis Possible moves today Nifty gapdown upto17000-17100 range Nifty pull back towards 17200 Range bound between 17200 & 17300 2nd half move expected which ever side it breaks out. Breakout from 17330 will move towards 17500, 17600 Breakdown from 17200 will move towards 17080, 16950
According to my view on nifty , Nifty has immediate Resistance at 17280 bullish above that Nifty has immediate support at 17220 followed by 17165 Personal view sideway bearish