Nifty got two Major Resistance, as you can see in the chart.
1st Major Resistance is at 15900 to 15920 level, from where nifty reversed more than 3 times.
2nd Major Resistance is at 15835 to 15845 level, which is also tested 4 times including today.
If Nifty gives break out 15920 and sustain, only then there will be any up trend. Otherwise market will head...
NIFTY 50 - Long
Inside Candle pattern Formed
Will Go upwards in next few trading sessions.
Invest & Trade Wisely! Good Luck!
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I am NOT a SEBI registered consultant/Advisor. It is...
If Tomorrow Nifty opens gap up and break the resistance level and sustain above the blue zone then go for buying side
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If it get rejection near resistance level and break the blue zone go for selling side with Re-test and candlestick confirmation and with your...
NIFTY 50 Index (Chart as on 7 June 2021)
* Tested 4 times already at the bottom of the trend channel line and now moving upward
* break-out the head & shoulders pattern
* Clear Signal for a Bullish Market
* Still, chances are there to re-test at 15320-15400 range, as a small correction
* But overall it seems like a bull market for next 1000 points
Good...
nifty 50 made a descending triangle pattern in 15 min time frame
it is likely to move on up side in direction of a trend if it goes downwards then a small profit booking is
possible so keep the level in mind for 7th June.
As you can see in chart nifty trapped between 14100 and 14950
Once it can Hold 14950 then going to 15250
But major supply zone was 14860 to 14950
In down side move Nifty major support was 14468 . If break it then next support its demand zone between 14256 to 14143.
it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.
#banknifty #nifty50 #niftydatanalysis
*Please consult your financial adviser before taking a trade, this video is just for educational purpose
NSE:NIFTY
#GOOD_TO_KNOW
#NIFTY50 #MOMENTUM
WEEKLY LEVEL
UP 14383-14767-14865-15050
DOWN 14170-14095-13924-13607
HOPE FOR THE BEST
STAY CONNECTED
HOPE FOR THE BEST
> Targets and entry points are mentioned on the chart.
> Try to square off your position on an intraday basis if it doesn't break the positional levels.
> Take positions only if the last 30 mint candle breaks the targets.
> Also in a major breakout or upward momentum you can take positions.
ThankYou :)
![NIFTY: NIFTY ANALYSIS FOR 24TH MAY [Monday]](https://s3.tradingview.com/b/BXsnJlfA_mid.png "NIFTY ANALYSIS FOR 24TH MAY [Monday]")
