Nifty is standing just below a strong resistance of17829.
if nifty moves above 17829 then it may also cross 17880 and may reach 17926.
between 17926 to 17976 is an Extremely strong resistance.
if nifty crosses over 17926 then it may also cross 17976 and may reach 18020.
if nifty moves down below 17780 then it may also cross 17731 and may reach to the level...
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial...
Nifty on the daily time frame has formed a spinning top doji.
The market has respected our levels and after touching 17920 level the market retraced
On the hourly time frame, the market has settle around its 20 ema. Market is not sustaining above the 17900 levels.
The market opened around the 200 ema on 15 minute time frame and gained momentum in the first...
have understood from some friends that they are facing issue in understanding charts and setup, so i have made a video on todays setup. You can watch and play accordingly.
Trade setup for nifty and bank nifty is shared in this video.
It is formed by two candles, the first candle is bullish candle which indicates the uptrend.
The second candle is a bearish candle which opens gap up but closes more than 50% of the real body of the previous candle which shows that the bears are back in the market.
Pattern has created the range of 17500 to 17900.
Bulls are again trying to take control....
Today's will be gap up opening in nifty . After opening if nifty sustain above 17800 level then expected upside go upto 17900 level. In case nifty start trading below 17720 level then possible downside rally upto 17580+ level in today trading session.
Levels based on price action
Note - I'm not responsible for any profit or loss
I'm just sharing my views
Before any investment consult your financial advisor
Just as we had observed yesterday, Nifty showed us a significant recovery and ultimately gave us a positive closing.
Moreover, a beautiful Hammer and Bullish Harami pattern on the Day Chart is somehow indicating a good bounce back in Nifty.
Although, we are with our words that we can still witness a volatility in the market for this week also.
Till then we...
Nifty is standing just below a strong resistance zone of 17636 to 17684.
if nifty moves above 17684 then it may also cross 17731 and may reach 17780.
between 17780 to 17829 is an Extremely strong resistance.
if nifty crosses over 17829 then it may also cross 17880 and may reach 17926.
if nifty moves down below 17586 then it may also cross 17535 and may...
NIFTY making doubble tip and bearish divergence on daily frame. we can go short after it breaks the neckline.17300-18100 is a consolidation area it may spend few weeks in this area.
The indices paused their fall and managed to hold on to lower levels. Banks underperformed, but still remain stronger on the Daily chart. Could this change after FOMC statement?
hopes were crashing as everyone thought that a bear phase has started bt inddian markets held enough strongly and defended the bears we see a good bounce back now if we open gap up tommrow we can see a little pull back and continue up move otherwise there is aslo a chance of the bears pushin it down be cautious of fed meetings
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial...
NIFTY Intraday Trade Setup For 20 Sep 2022
Buy-Above 17670
Sl-17615
T-17775 17870 17950
Sell-Below 17579
Sl-17630
T- 17500 17430 17270
NIFTY has closed on a slight positive note with 0.5% gain. Today the range breakout target was hit which was triggered below 17770 on 16 Sep. Last day we planned to short below 17495 this trade gave 60 points but a sharp up...
Nifty analysis for 20th September 2022, kindly follow the levels and zones for best R:R, u can also watch the videos for better detailed understanding of the concept.
