Tradermabs Nifty Analysis for Monday the 16th of May 2022
Tomorrow Nifty 50 Activity This is the updated chat review and this analysis is my own analysis kindly do you own analysis your any financial decision of seek financial advisor help
We can go Long in Banknifty here deploying Far OTM Bull Put Spread just to collect premium, I do not see Banknifty closing this week's expiry 5th May Expiry below 36200, so we can go positionally long for this expiry with Bull Put Spread . A very good trade opportunity! Bull Put Spread Risk Takers: 36200 PE Short - 35700 PE Long Safe Players; ...
The market is trading in the range and if the market has to go down or up it has broken that range. If 30 minutes candle closes below the 16080 level we may further down movement in the market. For prices to go up, the price has to break the trendline and also the previous high.
Hello, nifty50 index analysis & view above: 17,350 index will go upto 17,600 & 17,800 will be resistance level (targets identified from harmonic xabcd/abcd pattern level 0.886/2.24). LOGIC BEHIND TRADE: Index has given breakout of it`s dynamic trendline resistance & making higher highs & lower lows it`s indication of uptrend. NSE:NIFTY
Good Morning! Just as we had much clearly stated in yesterday’s Morning Mantra, that if Nifty fails to sustain above the level of 16200, then we can expect the levels of 15850 and 15580 to become active once again. Similarly, we did witness that after a gap down opening at around 15867 yesterday, nifty had ultimately given us a closing at around its predicted...
Good Morning! Once again, the importance of the level of 16800 was witnessed in the Trading Session, yesterday. Where, on being unable to cross over and give a closing of above 16800 on Monday, Nifty made a low of around 16478, yesterday. In addition to which, we can see the difficulties that the index is facing to stably cross above the stated Level of...
SENTIMENTALS AROUND THE WORLD ARE NEGATIVE !!! NATO HOLDS the meeting, that has to happen TODAY ! RUSSIAN-UKRAINE conflicts led INDIAN MARKET to respond with HUGE VOLATAILITY . as clearly SGX is down by 130 PTS , OPENED around 16574.5 ! it is falling further now too !! FALLOW @VK2413 for further UPDATES !!!
Nifty 50 is seeing a deep correction since a while. On fundamental terms the action is happening around Russia-Ukraine news flows, now talking on the technical terms the Index is trading in Regression Trend Channe l. Currently price is trading around lower levels of the channel from here on key levels to watch out is resistance at 16850 if that gets clear then...
I have drawn 1 long term bearish channel, 2 short term bearish channels, and 1 blue consolidation channel. You can see that today Nifty 50 closed at the midline of the long term channel, and showed resistance at the midline of the short term bearish channel. The Fibonacci retracement connecting the 'Covid rally' of the chart has 23.6 % at 15986. Nifty 50 may be...
Hi everyone, Nifty50 index has broken it`s important resistance 16,400, if sustains below can go upto 15,100/15,650 & 13,600 (targets identified from harmonic xabcd pattern level 0.786/0.886/1.131) index has become breaish on 1W chart. NSE:NIFTY
This is an extension to my earlier ideas. See Link to Related Ideas BELOW.
Hi everyone, Nifty50 index analysis & view consider buy above: 17,450, targets: 17,600/17,650, sell below: 17,300, targets: 17,085. (Targets identified from harmonic xabcd/abcd pattern level 0.886/1.618) index is trading in range & will trade breakout/breakdown of range. NSE:NIFTY
No doubt that market will be highly volatile ahead of Budget Summary 1) As of now you can see that Nifty is trading in one particular (white) channel in which it had given a breakout in past and made an ATH of 18604.45 Channel width is 1,566 points. 2) In the chart there are 3 EMA's 10 is red, 20 is green, 50 is blue. 3) There is also a Red channel which has...
It's my setup for upcoming months and I'm long for nifty. I'm not a financial advisor, so please trade as per your risk. Happy Trading! Dayanand
Hi everyone, Nifty50 analysis for 18 jan 22, for tommrow nifty50 index is trading near it`s important support & if goes below 18,120 then targets are 17,900/17,700 (targets identified from harmonic xabcd pattern level 1.618/2.272) if sustain above 18,350 & index can go upto it`s all time high 18,600. NSE:NIFTY
NIFTY has been rising since last few days and now have started into a consolidation zone. The immediate channel it has formed is from 17650 - 17950. On 10 Jan, it could be seen trading within this range if opened flat. If it breaks this range, it could be seen between the range 17400 - 18100.
Currently, Nifty is trading around 17800. The last couple of days has been a bit of sideways creating a range from 17630 - 17940. The market could trade in this small channel sideways until it breaks this range. As of now, the highest OI is at 18000 on the call side and at 17500 on the put side for the next week expiry. This will act as resistance and support...