Nifty50priceaction
Nifty 50 spot 23532.70 by Daily Chart view Nifty 50 spot 23532.70 by Daily Chart view
- 2 nos of Gap Down Openings are closed between 24350 to 25080 level range
- 2 nos of Gap Down Openings will get closed in next ATH creations process near ATH 26277.35
- Most probable Support Zone likely at 23200 to 23350 to anticipate for upside reversal prospective
- Next fairly strong Support Zone 22500 to 22650 for upside reversal prospective if the above Support Zone is broken
- Huge Downfall of 04th June, 2024 has closed the past 2 nos Gap Up Opening and 2 nos Gap Down Openings
Nifty 50 spot 23453.80 by Daily Chart view - Update to old Chart*Nifty 50 spot 23453.80 by Daily Chart view*
- Most probable Support Zone 23200 to 23350 to anticipate for upside reversal prospective
- Next fairly strong Support Zone 22500 to 22650 for upside reversal prospective if the above Support Zone is broken
- *Old times Gaps to be filled will be a longer shot to expect if markets take a nosedive below 21180 Nifty 50 Index trading range*
- Huge Downfall of 04th June, 2024 closed many of the past Gap Up Opening and Gap Down Openings between 21181 to 23338 Nifty Index trading range
- Update to old chart shared last week
My personal view on the Nifty 50 spot 235559.05 by Daily Chart v*My personal view on the Nifty 50 spot 235559.05 by Daily Chart view*
- 2 nos of Gap Down Openings are closed
- 2 nos of Gap Down Openings will get closed in next ATH creations process
- Most probable Support Zone 23200 to 23350 to anticipate for upside reversal prospective
- Huge Downfall of 04th June, 2024 has closed the past 2 nos Gap Up Opening and 2 nos Gap Down Openings
- *Nifty 50 post hitting the ATH retraced and formed a Bearish Head & Shoulders pattern and pretty much has covered the depth by the neckline*
- *Based on the Technical Chart Setup, we may now anticipate and expect to look forward for an upside reversal to happen from the Support Zone*
NIFTY50 - TIME FOR A SHORT TRADE?Symbol - NIFTY50
NIFTY50 is currently trading at 25905
I'm seeing a trading opportunity on sell side.
Shorting NIFTY50 Futures at CMP 25905
I will be adding more position if 26100 comes & will hold with SL 26230
Targets I'm expecting are 25370 - 25010 & below.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Nifty 50 | Positional Analysis As per the technical analysis, Nifty 50 NSE:NIFTY can fall till 14366 Levels positionally, that zone can act as a strong support zone, currently, Nifty 50 is trading at 15786 so more 8-9% fall is expected,
This analysis is purely Positional / Long Term view of Nifty 50, but first, we need to break the 15400-15000 Range , once that zone is taken out we can see
Target Level 1: 14366
Target Level 2: 13057
Nifty analysis for Monday | 5th July |it is very necessary to understand the technical as well as to analyze the data to predict the market behavior. hence, this is the small video that has tried to analyze tomorrows behavior of the market.
from " stock diary" you will learn to evaluate the nifty50 trend and FII /DII data along with how to do a technical analysis of the chart.