Nifty must break the 20EMA resistance to show strength and move higher. FII/FPI buying can come as a welcome support if they continue to buy. If Nifty is unable to break the resistance, then we can see continued weakness.
NSE:NIFTY ⏺ 4/1 Hourly - High possibility of breaking 1st resistance and then reversing. ⏺ 15/5 min - Taken support on 17900. This should help in breaking second resistance of 17980. ✅ Support - 17900 ❌ Resistance - 17980, 18090 📈 Trend? - Very hard to tell. I would wait till either 1st resistance or bottom support to break. ↕ Market movement - 250-300 pt ❗❗...
NSE:NIFTY ⏺ 4/1 Hourly - 17850-17960 is the range. can go both ways if broken. Continuation of downtrend is most likely. ⏺ 15/5 min - we can see huge momentum on down side if the support of 17850 is broken. ✅ Support - 17850, 17800 ❌ Resistance - 17960, 18090 📈 Trend? - 90% down 10% up (what this basically means is that you should avoid treading against the...
Support: 17850 If this level breaks then the market may fall up to 17630 level. Resistance: If the Market take support @ 17850 level and raise then the chances of uptrend up to 18050 level. >Support will Become Resistance and Resistance will become Support once the level Breaks. *Always Enter With good confirmation & Maintain proper Risk...
Understanding trades of nifty future for 03.11.2021 (Wednesday).
TradeGuru Analysis for NIFTY tomorrow Upside 18000+. what is your view comments fast 🎯
Nifty View: Today's 85 points negative close from the Nifty benchmark index is more of a consolidation post the big +293 points gain we experienced yesterday. The short term trend is still DOWN with immediate resistance at the psychological 18K mark, which has held the index down pretty well. One should continue with a conservative bias and wait for the index to...
🛑 Shorting strikes purely based on india vix volatility index - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 40300 CE and Short 39400 PE 🛑 we can observe that market may be stays in between within the above range - if short both side / if we did short strangle if breakout at 40150 happens...
🛑Bank nifty trading above all the moving averages those were 21 day, 50 day , and 100 day - Bank Nifty WEEKLY Pivot is at 39550 🛑 keys Levels to watch out for day traders - resistance is at 40050-40150 -with the stop loss of 40000 - we can see target of 40400 - Support Levels is at 39600-39500 - with SL of 39700 - we can see Target of 39200 if you like it...
🛑 Shorting strikes purely based on india vix volatility index - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 18100 CE and Short 17700 PE 🛑 we can observe that market may be stays in between with the range of 18100-17700,only When there's no Volatility . - if short both side / if we did short...
🛑 NIFTY trading below 21DMA , trading above 50,100 DMA -NIFTY pivot point 17870 🛑 Key levels to watch out for intraday traders :- - resistance is at 18000-18050 -with SL of 17980 - 18150 we can see as the target after breakout - support level is at 17850-17800 -with the SL of 17890 - 17700 we can see as target after breakdown
Hi Traders, This post shows the perfect levels of support and resistance in nifty and with perfect trade idea in advance, match today's move with yesterday move posted on the community tab video; ink is given below box. Yesterday posted the idea to trade nifty in point no.1 clearly mentioned that price would be range-bound between...
NIFTY Intraday trade Setup For 03 Nov 2021 Buy-Above 17960 Sl-17940 T-18000 18036 Sell-Below 17840 Sl-17870 T-17782 17733
TCS harmonic study and divergence,, lets see whats in the store,, nothing more to share simply charts tell every thing
For Today according to me 40000 is a strong resistence so wait to close a candle above 40050 . After closing the candle above 40050 then you take a long position and our next target is around 40450 . If you want to take a short position so take a half quantity because market is in a uptend.
NIFTY will open gap up today. After opening if nifty starts trading above 17970 level then there will be further rally towards the 18100+ level. Any downside only possible if nifty starts trading below 17920 level.
Nifty will show following pattern I am expecting retrace ment
📊Short Update📊 Market has reversed trend and it was clear and decisive from the mathematical pivot of 17670. Short covering started as soon as Nifty started sustaining for 10-15 mins above 17800 which led to a sudden bullish move. The hush hush that we talked about turned out to be partially true. Some call writers had stop losses at 17950 and some had changed...