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
nifty 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...
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 !!!
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...
Nifty 50 Daily chart support and resistence. If break then we can see long trend in nifty
Hi 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 Value Time to time update if the nifty go upwards , the value might reach 17860 if the nifty go downward , the value might reach 17440
Nifty 50 setup today Nifty Range between 17242 - 18005
Nifty 50 tomorrow value Nifty Range between 16994 - 17315
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...
Short Nifty Expiry Day - 27-Jan-2022 17000 PE writers might be trapped at opening and would look to cover. Look for reversal oppurtunities around 16850-16860 around previous day low If Previous day Low not sustained, pyramid on the shorts
Levels are on the chart.. chances of trend reversal from here. take the position at your own risk.
NIFTY 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...
nifty intraday levels.......................................
As we can see, 8 EMA is below 20 EMA, and the price has taken repeated resistance from the 20 EMA. So, a lot of chances are there that Nifty might go down if tomorrow's market closes below today's open. If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out! You may take the entry if the market closes...
NIFTY chart analysis the chances that market may move 1)If the trend line is broken we can expect 18372 2)or else the market may move a bit down and break the trend line as shown in the chart. this is just educational purpose only. Not financial advice. the analysis is solely the opinion of me and does not come from licensed professional.
NIFTY 50 : entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter : gainprofit066
It may bounce back from 16800 levels. But if it breaks further , can fall upto 16300.