The Nifty index has been in a strong uptrend for the past few days, but recent price action suggests that the index may be reaching a resistance level. The index has been trading in a range between 18132 and 18214.70, and a breakdown below 18132 could signal a short-term trend reversal. The technical indicators are also pointing to a potential sell-off. The...
nifty is stuck in the range of 18000 to 18260. Try not to trade in this range.
The global market indicates a neutral start. market nature is slightly bearish. It may start with neutral. After that, if the market takes a pullback, then we expect the range bound to pullback continuation. On the other hand, if the initial market declines sharply, then it will fall further.
Nifty will be slightly gap up opening in today's session. After opening nifty sustain above 18100 level and then possible upside rally up to 18200 in today's session. in case nifty trades below the 18050 level then the downside target can go up to the 17930 level.
Nifty has made an inside candle or bearish harami on daily TF. It faced resistance from the trendline joining the major two swing highs and currently close to the upwards sloping support trendline. Scenario 1: NIfty might cross the downwards sloping trendline. This will indicate the current trend is intact and could possibly lead to a good rally. Wait for a...
Nifty is trading inside channel, upper side And lower side both are important any side break we will trade accordingly. As always our priority will be to trade according support and resistance.
Hope this doesnt happen and remains a funny forecast. Bearish AB=CD pattern on monthly chart
Importent Support and Resistance For Nifty Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 18010 - 18020 Second Support Zone For nifty50 – 17910 - 17920 Third Support Zone For nifty50 – 17790 - 17775 Resistance Zones For Nifty50 Intraday Trading First...
Marked level by analysing multiple time frames. Take opportunity once nifty breakout or breakdown any price with strong candle.
Market didn't came to the supply zone it was shorted too much so didn't take any trade but still waiting if it comes again then will short otherwise will avoid and wait for another entry 😊😊What actally happend read out the 'Related Idea' section which is given below to know what i actually wanted today and what happened
NIFTY Intraday Trade Setup For 20 Jan 2023 Buy-Above 18185 Sl-18135 T-18265 18332 Sell-Below 18060 Sl-18110 T-17981 17921 NIFTY has closed with a slight bearish sentiment today with 0.32% cut. It opened with a gap down due to US markets sell off last night. However selling pressure was seen in the 1st 30 Min later it recovered and tested our sell level as per...
Nifty gave a gap down opening and tested the support of 18060 and ten tested the resistance of 18150 and stayed range bound in a managed expiry. with all global ques showing negativity, a gap down opening is expected on friday(20/1/23). in case of gap down opening, the plan will be to wait for retest at 18000 levels before entering a trade. Any PE buy trade...
Being weekly expiry the market remained sideways and there was option premium decay. The market has formed a doji and an inside candle on the daily time frame. It took support from the 20 ema and closed losing 50 points. In the second half the market consolidated and constantly tested the 200 ema of hourly charts and closed between both the moving...
The FASP for Nifty is listed for 20-1-2023 . 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...
DISCLIMER 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...
Nifty reached temporary resistance. Now we can expect retracement of 0.5 level of FIB. Also be aware of both side movement, enter only you get confirmation on down side. today this could be volatile day.
The global market indicates a negative start. Structurally, the market trend is bullish. It may start with a gap-down, after that, if the initial market takes a pullback of around 38% then we expect a rally continuation. On the other hand, if the market breaks 38% sharply, the market will fall further.
Expectations for Today: Volatility after 12:30 Intraday Levels: Buy Above - 18180 Sell Below - 18090 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team