Nifty possibility of short covering and it will break ATH if it sustains above 18888 level. and it can go all the way to 19030 level. Buy above 18833 level Sell below 18797 level
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Nifty has strong trendline support at 18818 level and strong resistance at 18888 level. possibility of short covering on CE side so nifty can touch all time high and can be high 19027 level. on the downside it can touch 18660 if it's taking resistance at 18888 level and breaks 18818 level. buy above 18888 target 18897, 18928, 18942,18965,19003 sell below 18818...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Short trade set up mentioned on chart. Study based on Elliotwave + SupplyDemand.
All the levels are analysis is for educational purpose only. It can change in live market
Nifty there is no stoploss available on the top side so nifty might create fake move(bull trap) and start falling up to 18600 level to take out all the buyers(or hit SL). Nifty has broken the support trendline from monday. If nifty opens a gap-up and again takes support of the trendline we need to wait for the trendline to break.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Nifty is looking bull trap possibility of short covering on the first side to trap the buyers and might fall to 18394 level and bounce back. Try go for next week expiry June 8th Buy above 18570 target 18595, 18646, sell below 18484 target 18438,18383
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
As predicted yesterday it formed a evening star pattern in daily time frame and closed below the previous day low. This confirms the trend reversal but buyers are still active and trying hard to push to the all time high and FII's buying is continuing. Possibility of range bound market so go with less quantity or go for the next series(june month). Trade with...
Nifty is forming a cup pattern. if it breaks the level then the possibility of going up to 18343 is possible on the upside. on the downside it can take resistance at 18000 level. Buy above 18213(18150 CE) Target 18256,18304,18343 Sell below 18106 (18150 PE) Target 18054,18002,17942
The index is trading within a range from last 3 sessions. The range is about 130 points. Breakout and breakdown areas I have mentioned in the chart. World market is red but SGX nifty is still marginally negative. This is a sign of strength. W can have a bullish expiry tomorrow if NSE:NIFTY sustain above 18300.
In this video I have explained how NSE:NIFTY expiry can trade tomorrow. Today market was range bound and traded within a small range. Breaking either side of the range can generate good momentum.
NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...
NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...
Hello Traders, Welcome to SriTrader5121 ____________________________________ Nifty-13/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 17767 - 17776 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH. (or) If market open as a FLAT and...