lower highs and lower lows can be seen in downtrends When a price makes a new low breaking the previous low while not Breaking the recent reversal high, it results in a “Lower Low, Lower High” formation. The structure represents reversals that are being used to exit long positions. Trend Analysis- Lower High - 18141 level may be trend changer for nifty on...
See my yesterday analysis in profile so that u will understand what actually happended with me 🤣🤣🤣🤣🤣. But don't think i was wrong i alwasys follow some rules in trading which is mentioned in previous analysis post. SEE THERE.
How to trade nifty tomorrow The index is trading within a large consolidation zone. Bullish breakout above 18280 Bearish breakout below 17777 This is 500 points range W can expect 500 points move after breakout.
BULLISH View: If any Gap open and sustains above 18072 we can expect 18120 will be tested immediately there after reversal is possible. Incase of Weakness closes below 18040 Demand zone we can expect sideways move between 18000 and 18040 then Rally will continue. Alternate view: If 18000 compromises and Nifty closes below Down fall is expected and 17935...
Nifty broke the resistance level. and triangle setup also broke. As per oi data 17900 is strong support. 18200 is good resistance for this week.
Nifty on the daily time frame has given a green candle closing 150 points higher. The market has finally closed above 18k level and near 20 ema. On the hourly time frame, the market has closed between both the moving averages and has formed a higher high higher low pattern. The market in the last hour broke above the level and closed above it. If the market...
Nifty finally closes above given trade line on 1 hour time frame so if nifty do flat opening between 18020 to 18050 then we can wait for some time and if start closing above 18050 then we can make position on buy side. In case if break down side then we can see first target 17980 and if we can see any hammer candle at or near 17980 then we can also make long...
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...
The FASP for Nifty is listed for 18-1-2023 . 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...
Nifty has given closure above the previous long term trend line and crucially above 18050, 18040-18055 being resistance band. if nifty manages a gap-up opening or flat opening and post retest of 18050 levels, CE position can be considered with sl of 18045. targets being 18092, 18136, 18169, 18200 and 18247. till 18247 is crossed nifty can be considered to be in...
Long above 18035 after the BO of marked resistance level for the target price of 18110-18130-18150 SL 17990. Good risk-to-reward ratio. RSI above 60 is a sign of bullishness. Wait for the entry. Trade with Low qty. This is for your educational purpose only.
NSE:ULTRACEMCO Ultra tech can be a leader in the Nifty Infra rally So eyes are on it.
Expectations for Today: Volatility day Intraday Levels: Buy Above - 17960 Sell Below - 17860 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Nifty may form cypher pattern make use of it. be careful at exit levels.
Nifty will be gap down opening in today's session. After opening nifty sustain below 17900 level and then possible downside rally up to 17770 in today's session. in case nifty trades above the 17950 level then the upside target can go up to the 18050 level.
As per chart nifty looks negetive creating descending traingal. But we wwill go with support and resistance for buying and selling
Nifty has Trendline line rejection so many time But also having best Demand or Support Zone.. if either side is broken we can see such BIG MOVE
NIFTY Intraday Trade Setup For 17 Jan 2023 Buy-Above 17945 Sl-17895 T- 18050 18150 Sell-Below 17850 Sl-17900 T- 17765 17675 NIFTY has closed a slight bearish sentiment with 0.34% cut today. It opened with a slight gap up today and then fell from opening levels. We already planned that we will trade 10 o'clock range in case of gap up/down. 10 o'clock range broke...