NIFTY Intraday Trade Setup For 6 Feb 2023
Buy- Above 17871
Sl-17820
T- 18055 18200
Sell-Below 17580
Sl-17630
T-17465 17350
NIFTY has closed on a slight bullish sentiment this week with 1.42% gain. It was clearly told ahead of budget to exit the positional trade as this budget can shake any side. Ahead of the budget the weekly range (18270 and 17760) broke...
17725 nifty support for buy
17950 to 18000 resistance
suppose market open 17925 break 18000 not buy only for selling zone okh
watch arraw carefully and levels
NIfty has given breakout on the downside from the consolidation zone and moved towards 17500, took support there and finished the week at 17600.
It is highly unlikely that downside is over and that it may open with a gap up scenario even if global cues are positive. A flat open is not tradeable as Nifty might move to upside or downside and no way of knowing what...
SGX nifty indicates a positive start. The market nature is moderately bullish. It may start with a gap-up. After that, if the market takes a minor correction, that's a sign of pullback continuation, it will reach 61 to 78%. On the other hand, if the market rejects sharply around 61 to 78 then we expect correction continuation. It should break fib level 38%.
Nifty will be Gap up opening in today's session. After opening nifty sustain Above 17680 level and then possible upside rally up to 17800 in today's session. in case nifty trades below the 17630 level then the downside target can go up to the 17500 level.
NIFTY Intraday Trade Setup 3 Feb 2023
Buy-Above 17680
Sl-17630
T- 17825 18000
Sell- Below 17490
Sl-17540
T- 17355 17165
NIFTY has closed on a complete absolute flat note today. Yesterday it was clearly told that I will avoid trading today. As it was very obvious that it was likely to trade in a sideways note. As IV spiked yesterday and its cool off was...
Nifty will be Gap down opening in today's session. After opening nifty sustain below 17600 level and then possible downside rally up to 17400 in today's session. in case nifty trades above the 17680 level then the upside target can go up to the 17850 level.
Nifty after a wild budget day took support at the gap area of 17310-17350 and made a rapid recovery back to 17600. A trendline can be drawn that connects the Covid low, the recent swing bottom of 15183 from which we achieved ATH and today's low. A Fib retracement drawn from ATH 18887 and swing bottom of 15183 indicates that Nifty is just above its 38.2%...
Expectations for Tomorrow: Volatile day
Intraday Levels:
Buy Above - 17660
Sell Below - 17480
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The FASP for Nifty is listed for 03-02-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
NIFTY Intraday Trade Setup For 2 Feb 2023
Buy-Above 17680
Sl-17630
T- 17825 17970
Sell-Below 17350
Sl-17400
T-17165 17000
NIFTY has closed on almost flat note with just 45 points cut. Today's range is extremely big, more than 600 points. Its an obvious wild day due to Union Budget. It was positive till noon. Exactly at 1 PM it made a top and fell sharply and...
Upside Level 18400
DownSide Level 17800
Nifty Form rectangle pattern or stuck in it from more than a Month
Created Such Major RESISTANCE 18200 or Major SUPPORT at Lower which is 17800…
Now Nifty Reaching its Major Resistance near 18200 Trying to support on Trendline or Going Further Up…
But unfortunately Nifty has No Time Left to BREAKOUT the 18200 Levels...
SGX nifty indicates a negative start. Market nature is bearish. It may start with a gap-down. After that, if the market takes a pullback without breaking the previous day's low, then we expect minor consolidation to pull back. On the other hand, if the initial market takes a sharp correction, that's a sign of correction continuation.
The budget day volatility has created a long wick doji and a big range of 600 points in nifty. The market has closed between both the moving averages.
In the first half the market consolidated and has given both side move after the break out of the zone.
On the hourly charts, the market has closed below both the moving averages.
Nifty has closed almost flat and...
The FASP for Nifty is listed for 02-02-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
NSE:GRASIM is looking Good to enter if you want to invest in Nifty Infra for the upcoming weeks.
Even though volatility in the market has started to increase. It is stable and holding its levels Positively.
With every Swing in it, volatility is reducing & it can give huge returns in a shorter period.
One Can take Stop loss near the zone of 1760 (Tight SL) and...
