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NIFTY SUPPORT AND RESISTANCE FOR F&O DAY TRADING Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 17434 - 17445 Second Support Zone For nifty50 – 17348 - 17364 Third Support Zone For nifty50 – 17143 - 17161 Resistance Zones For nifty Intraday...
Nifty trading near major support. Need to wait and watch if this support will be taken down or not. If support level is breached then next support only at 17200
NSE:NIFTY and NSE:CNXAUTO are showing Inter market Divergence again. Last time Divergence occurred in June 2022 when Nifty gave reversal. Will the Divergence work again. Chance are High. We need to wait for follow up Buying though.
This may act as a support. Would prefer waiting, only topping up Bees. Anchored VWAP is yellow line Black trend line is from covid lows on a linear chart
nifty intraday trading setup and levels. wait for the proper confirmation and enter. Be aware of the exit levels.
Analysis may be wrong for 1 or even 2 days but using this trading style i gained very much points in nifty in past because the R:R is good like 1:4 or 1:6. My analysis was for friday was wrong but i think you forget about the trade that we took and analysed on 12/ 01 /23. but due to some rules and regulation the post was been private. Ok leave it. Let's discuss...
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
Nifty will be flat opening in today's session. After opening nifty sustain below 17600 level and then possible downside rally up to 17500 in today's session. in case nifty trades above the 17650 level then the upside target can go up to the 17770 level.
We are in budget trading session so we need be more cautious and play with less quantity. Follow the support and resistance for intraday trading
NIFTY Intraday Trade Setup For 30 Jan 2023 Buy-Above 17635 Sl-17585 T- 17745 17850 Sell-Below 17490 Sl-17540 T- 17395 17295 17165 NIFTY has closed on a bearish sentiment last day and last week. Last week it closed with 2.35% cut. A parabolic down move was seen last week. Weekly range which was valid for last 1 month shifted last week. After a pullback below...
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...
Nifty is standing just below a strong resistance zone of 17635 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 reach...
Expectations for Today: Volatile day Intraday Levels: Buy Above - 17670 Sell Below - 17480 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
we have to be cautious approach going ahead. dust mostly will be settle by March.
NIFTY 50 index is forming a cup and handle top formation on the hourly chart with 17780 as its base. A breakdown below this level can take the price down to 17300 zone. Keep watch.
I’m expecting 17100 to come in nifty it is also bearish