NIFTY SCALPING LEVELS FOR 20/06/2022
Nifty can consolidate/sideways on Monday unless we see short time optimism in this bearish market. 30-50 points can be scalped within the trend channels. A short upmove can be seen above 15450 to 15650. Heavy selling may come below 15200 levels.
Time frame (mins): 1/2/5
Minimum TP: 10 Points
Once the profit is booked you can stop trading for the day. Remember WE ARE IN A BEAR MARKET and careless trade can wipe our capital. Trade with only 25% of your capital.
P.S: Kindly let me know if you guys want me to publish daily analysis like this one.
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NISM Certified Trader with market experience of 10+ years.
Nifty50pricetrendanalysis
Nifty Future Levels for 14 June 2022Nifty on 14 June 2022
Opened Gap down, went to my zone of 15696-15673 took a strong support from there, couldnt break my zone.
Went directly near the 15900-15948 zone and reversed just before touching it.
Came bac again to the same zone of 15696-15673 but still couldnt break it and ended in consolidation.
Hope my zones were helpful today.
Tomorrow on 15 June 2022
Nifty now in a channel since 2 days. Today closed above the mid channel. Now just watch the break out of the channel for tomorrow,
it may give a gap at opening to cross the channel, then just trade the zones in that case.
Nifty AnalysisNifty is currently taking support from previous week high which is near 16400 and a break below this can take nifty to 16200 which is the last support for the index post this we can see nifty at 15900-15800. On the upside resistance is at 16970 & 17200 which are also near Fibonacci levels of 0.5% & 0.618%
NIFTY50 INDEX ANALYSIS FOR 23 MAR 22Hello, 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
NIFTY ROAD MAP 18620 TO 13967nifty road map 18620 to 13967
- nifty is forming a downfall range
- bottom tangent line is acting as a support
- 15905 is a good support area for nifty
currently market is heading towards 17777 area
-from 17777 area, after break of 16741 levels we can see levels of 15017
-then we can see again upmove of 16741
-from 16741 area market will head towards 13967 area
thanks
GAP-DOWN IN NIFTY50 !!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 Analysis 25 feb 2022I 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 heading towards this level and find a major support.
IN50USD ANALYSIS & VIEW FOR 11 FEB 2022Hi everyone, India50 oanda is trading near it`s resistance 17,670 if breaks level can go upto 17,800 & 17,900 (target identified from harmonic xabcd pattern level 1.618) market structure has changed in hourly chart if sustains above 17,670 can see gap up opening in nifty50 index still index need to breaks 17,900 to change it`s major uptrend. OANDA:IN50USD
Nifty 50 trend analysis.As we can see on chart, bull flag is retesting,
We can only make long positions above 17,300 level
Also we can pyramid longs above 17,500 level
If we discuss about monthly contract of "Nifty 50"
It shows strong put writers active on 17,000 level
That indicates strong support zone.
And, fresh longs created on 17,500 level
It shows bullishness
But, below 17,000-16800 levels,
There is bearishness.
Note: Analysis for educational purpose only
Kindly consult your financial advisor before investing.
Thank you
NIFTY 1D chart analysis-21-01-2022NIFTY chart analysis
My previous analysis were reached as per my analysis please see that also.
the chances that market may move
1)It may come down between 16877 to 16650.
2) It may even break the support(16650) and come down to
target-1 : 16900
target-2 : 16500
this is just educational purpose only. Not financial advice. the analysis is solely the opinion of me
and does not come from licensed professional.