Falling Wedge Breakout: CDSL has fallen almost 34% since December 2021. It has given breakout from a falling wedge pattern on monthly charts. Rising prices are supportive of breakout in momentum indicators and volume supported price action. CMP: 1110 R1: 1241 +11.45% R2: 1457 +31.4% Stoploss: 986.35
Be careful if you are going long in NIFTY We must ensure that Price moves above 18,300 with a Positive sign in RSI for any long side trade. i would prefer a short side trade below 18,230 if that is supported by negative divergence in RSI in 5 to 15 mins timeframe.
Nifty50 closed at 18089 as there was selling pressure observed in metal, banking, and technology stocks. SGX nifty signals a neutral to gap down opening. Markets closed lower prior to the US Fed policy meeting. Strong buys from FIIs saved the day along with strong economic data. FIIs' cash purchase was 1338 CR and DIIs bought 584 CR (Net positive of 754) As...
Nifty50 closed 18065 as FIIs cash purchase was 3304.3 CR and DIIs bought 264.3 CR (Net positive of 3568.6). SGX nifty signals a gap up. Today the market is expected to be in the range of 18100 on the upper side and 17800 on the lower side. Short-Term Levels: Resistance: 67.99 LAC Call OI buildup @ 18200 level Support: 99.1 Lacs Put OI buildup @ 18000 level...
Nifty50 touched 17807 only to lose steam towards the last 30 minutes trade and ended 17769 (closer to high of 24th APR). Banking stocks were quite active in trade yesterday, but the heavyweights of Nifty were not getting enough buying. FIIs sold 407 CR while DIIs bought 564 CR (Net positive of 157). Today the market is expected to be in the range 17850 on the...
Analysis-1: On the basis of daily and hourly chart, from last week, market was witnessing reversal from Zone-1. It's looks like strong resistance. If Zone-1 breaks, market will try to penetrate into the Zone-2 due to strong boom Analysis-2: As market is in down trend, 17500 will be act as support
So many traders talking on youtube as nifty will bullish on manday 24 april 2023. Yes. It is true only If nifty50 opens and sustain above 17670, it will bullish with 1st target 17730 and 2nd target 17767 or else it will be in a range as per current scenario. It's my view of education.
NSE:NIFTY nifty is approaching the crucial trendline on daily time frame from which we have seen multiple huge corrective falls everytime nifty touched/entered the trendline zone, there are two major resistancce zoneswhich are collinding with trendline which can possibly start the next corrective fall again if respected, 1st resistance zone is between...
Nifty50 is possible to move 17755 price. place Order at 17100++ above. Stoploss 16960
NSE:NIFTY levels for tomorrow based on fresh and previously important support resistance areas, - please wait for candle close on levels for retest/breaking of the level for next direction.
Nifty 50 Intraday 6 Feb Target 17825+ (Post Time : 12:02) Follow for daily Strategy Free
Hello Traders! 1. We can see an ending diagonal forming on the Nifty50 chart on the 1hr tf . 2. The retracement levels have been mentioned which gives us more evidence of the market following the wave pattern. 3. We see a strong trend resistance of the market. Once the resistance is cleared, we can look forwards to buying calls or selling puts, whatever...
Holding 17570/17603 nifty can follow this path timed to Feb 6, 2023
Analysis may be wrong for 1 or even 2 days but using this trading style i gained very much points in nifty in past because the R:R is good like 1:4 or 1:6. My analysis was for friday was wrong but i think you forget about the trade that we took and analysed on 12/ 01 /23. but due to some rules and regulation the post was been private. Ok leave it. Let's discuss...
NSE:NIFTY Retraced towards sub wave 4 low as per #Elliottwave Wedge formation with RSI Positive Divergence. Near Support zone . Breakout of 1 year consolidation. And Uptrend Line. With Market Mood in Fear. High chance we are nearing end of Correction in wave 2.
Nifty ConfirmTarget 13 December 2022 Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 18444 - 18455 Second Support Zone For nifty50 – 18380 - 18385 Third Support Zone For nifty50 – 18298 - 18314 Resistance Zones For Nifty50 Intraday Trading...
As per Nifty 50 Analysis Nifty is at major Support now. We can go for fresh long after breakout of Pattern Structure.
Green will be resistance. Red level will be Support. Sideways day expected. Green line will act as turn level. Red supports (second one) can act as turn level. Weekly Expected expiry zones indicated. Trade as per your own risk.