NIFTY stands now with a crucial support of 17400 on daily closing basis and eyes to target 17800-17860 which is a falling trendline NOTE - Consult your financial advisor before investing/trades
Nifty has consolidated between 17238 - 17500 area. It has reversed from 17500 back to 17238 last week. Potential breakout can happen once nifty break these levels. NSE:NIFTY NSE:NIFTY1!
HDFC bank CMP 1404 buy for target 1450- 1500- 1532- 1600-1700+ Can buy fut or 1500 ce and hold for 1 month Sl below 1333 - daily candle closing basis
SGX Nifty indicates a slightly negative start. Market nature is neutral.the opening candle is important. If the candle closes a strong full body red candle, Then, we will expect a minor correction that will reach a minimum of 78% to a maximum of 1.27%
Expectations for Today: Volatile Day. Intraday Levels: Buy Above - 17420 Sell Below - 17350 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Today's will be slightly gap down opening in Nifty . After opening if nifty sustain above 17400 level then possible upside rally 100-200 points. Any downside expected below 17350 level.
Good Morning! A closing of above 17500 in Nifty, has now become very important, as the formation of a Hanging Man pattern on the chart has raised a concern. So, for now, we can expect to witness a pull back in Nifty, until we get to witness a closing of above the aforementioned level. In the meanwhile, Sell on Rise will be a good idea here, as per your risk...
NIFTY 50 as per 15 minute Chart Analysis i observe as below As per 15 minute chart Analysis Elliot wave 5th had been completed and 1st wave will be starting tomorrow and should test 17466 level and then turn bearish and take a support 17428 / 17407 level. If 17400 level is broken then 17348 level holds the next support. Also i find a Head and Shoulder pattern...
Nifty BankNifty Analysis. Major Support and Resistance Levels.
Hello Traders, +++++++++++ #Nifty-08/08/2022-Levels ------------------------------------- If Market Opens as a- GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL) FLAT: Support of IMP (BUY) – Rejection of PDL (SELL) GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL) _______________________ Happy Learning and Trading Rules to fallow... 1) ...
Nifty is standing just above a strong support of 17393. if nifty moves above 17393 then it may also cross 17442 and may reach to the level of 17489. between 17489 to 17535 is an Extremely strong resistance. if nifty crosses over 17535 then it may reach to the level of 17586. if nifty moves down below 17393 then it may take support on 17340, 17340 is a strong...
NSE:NIFTY Analysis/Prediction for tomorrow 08-08-2022 For Flat/Gap-Up Opening 🟢 Buy CE above 17480 ✔️ Target Should be 17550, 17650 🔴 Buy PE below 17350 ✔️ Target Should be 17270, 17175 For Gap-Down Opening between 17350-17270 🟢 Buy CE above 17430 ✔️ Target Should be 17550, 17650 🔴 Buy PE near 17400 ✔️ Target Should be 17270, 17175, 17030 Important Notes: 🚨...
NSE:NIFTY Trade Setup for 08-08-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...
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RBI announced the Repo Rate hike and the market seemed to have a neutral view. Nifty formed a spinning top pattern and has been in a up trend since its bounce from 15200. The Yellow line are Resistance and Blue are Support and the same goes for the dashed trend lines Y=R, B=S Buying pressure can be seen in price action as the candle are creating long wick at...
NIFTY is currently stuck in a range of 17160-17500 and it is likely to behave choppy... but view for monday is bearish as per my analysis. Buying momentum only possible above 17550 (also 17250 to 17360 is my no trading zone). Will buy if it takes support near 17200-17250.
Market is in bullish Trend but Market need correction & same happened 2 days back, Now if market opens on downside wait for BO for any level & sustained 15 min hen take trade but do watch OI & volume for comfirmation.
Nifty Daily Chart Analysis for 08-08-2022 to 12-08-2022 NSE:NIFTY As the trend is muted with rangebound markets since last 4 days its very hard to get proper direction unless market breaks some barriers on either side, so thought of giving a directional view for next 5 trading day s. Will update in-between trading days if need my attention. Now back to...