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...
Nifty reversed from 17600 support level and heading towards 18000 zone now which could be a resistance area. Support still stands at 17600. Once nifty clears 18k level then it is open for 18300.
Nifty is well on its way up taking support at CPR (opening above CPR and taking support). Can it sustain the EMA crossover or will the momentum be challenged by FPI/FII selling (which paused today). Let us wait and see tomorrow. Critical to see closing above the two EMAs tomorrow to confirm the uptrend.
Understanding trends through support and resistances.
Tomorrow Nifty prediction 17600-17800. what is your view comments fast 🎯
Wave theory view New up move is possible till 19000.
Nifty View: Benchmark Nifty index impresses with a near 300 points gain in today's trading session. It was a move that was supported well by most of the sectors and heavyweight stocks. In terms of levels, the index at a close of 18,008 will now deal with the immediate short term resistance at the psychological 18K mark. In fact, a closer look at the volume...
VBL was consolidating at Support Zone if level 837 will Break We will go long. We Will go Short if 800 level Break down. Long Entry: If a candle closes Above 837 and it's High Breaks. Long TGT: 925 Long SL: if a Candle closes below 805 and it's low Break. ******* Short Entry: if a Candle closes below 800 and it's low Break Short TGT: 710 Short SL: If a...
NSE:NIFTY Observations: 1) On daily time frame, we can see that 50 DMA range is working as support and before touching it, it gave good upmove movement. Now it is in between 21DMA and 50DMA. 50DMA will work as support. 50DMA is placed at 17592.53 21DMA will work as immediate resistance. 21DMA is placed at 18015.91 level. Please refer below chart : 1day...
🛑 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 40200 CE and Short 39000 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 40000 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 39900-40000 -with the stop loss of 40300 - we can see target of 39800 - Support Levels is at 39100-39000 - with SL of 39160 - we can see Target of 38800 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 17600 PE 🛑 we can observe that market may be stays in between with the range of 18100-17600,only When there's no Volatility . - if short both side / if we did short...
Understanding trades of nifty future for 02.11.2021.
🛑 NIFTY trading below 21DMA , trading above 50,100 DMA -NIFTY pivot point 17870 🛑 Key levels to watch out for intraday traders :- - resistance is at 17900-17950 -with SL of 17870 - 18050 we can see as the target after breakout - support level is at 17670-17700 -with the SL of 17750 - 17600 we can see as target after breakdown
Nifty Behaves exactly same way as predicted. Now Keeps eyes on 18000 level if break we can see good rally on the downside 17800 is acting as support now.. 18000 CE can be taken if sustain above 18000 level. As small CALL unwind in is seen at 18000 levels :)
Nifty Intraday levels to watch tommorow 2 October with buy and sell