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Nifty50analysis

Nifty Daily AnalysisNifty 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 we can see bullish momentum for upcoming trading sessions. However the market is highly volatile these days so avoid carrying overnight naked positions.
NSE:NIFTY
by karan_bagri
Can we see the new ATH in 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 a width of 430 points which given a breakdown and achieved the target easily in 3 trading sessions. 4) Biggest technical support of Nifty is the channel line in which it is trading and Physcological support, for now, is 17K closing basis. 5) On a daily timeframe nifty is weak. Reason- 10 EMA given a negative divergence and crossed 20 and 50 Ema. On the other side, Bannifty is very strong and has seen very good buying volumes in all banking stocks. 6) Nifty IT is oversold and expecting some recovery in it and Banknifty is so strong that it can also pull nifty up. 7) This view will fail if nifty gives 2 consecutive below the channel. Till that time Nifty is buy on dips and ready to make a new ATH. Note: Please don't create postions according to this view. This is just aview trade on levels.
NSE:NIFTY
by RameezShaikh03
10
Nifty50 views for next few days/ weeksCurrently, 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 respectively until either of them breaks. The bigger range could be seen ranging from 17500 - 18100. The next resistance zones shall be at 18300 followed by as high as 18600. The next support zones shall be at 17350 followed by 17175.
NSE:NIFTY
by vishalnnd
NIFTY50 INDEX ANALYSIS FOR 04 JAN 22Hi everyone, Nifty50 index analysis & view for tommrow and this week, recently nifty50 index has given correction of 2,200 points+ and now it is testing it`s major resistance level 17,650 price may correct from here, but if sustains above 17,650 then index can go upto it`s all time high 18,600 (level identified from harmonic xabcd pattern). looks like trend is going to change if sustains above 17,650 downtrend will be invalid & new uptrend will start. NSE:NIFTY
NSE:NIFTYLong
by UnknownUnicorn30938178
NIFTY50 INDEX ANALYSIS FOR 20 DEC 21Hi everyone, Nifty50 index analysis on 1D chart rececntly we`ve seen fall in nifty50 index after it breaks daily support 17,600 & bounced from 16,760 (level identified from harmonic xabcd pattern level 1.618) now nifty50 index can test it`s support 16,760 and if breaks can go between (16,300-16,150) level indentified from harmonic abcd pattern level 1.618 price structure is showing downside movement which indicates trend has changed & downtrend started. NSE:NIFTY
NSE:NIFTYShort
by UnknownUnicorn30938178
Simple Trade Setup | NIFTY | 16-12-2021 [ INTRADAY ] NSE:NIFTY Observations: 1) On 15min time frame, we can see resistance trendline, if it sustain above it then we can see up-move. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 16-12-2021 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 gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.N
NSE:NIFTY
by Trading_hawk
Simple Trade Setup | NIFTY | 24-11-2021 [ INTRADAY]NSE:NIFTY Observations: 1) On 1day time frame, it is still above 100DMA but below all of other short term Moving Average. Such as 10, 21 and 50 DMA. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 24-11-2021 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 gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
5