Niftyfuture
Nifty Futures Holding LevelsNifty Futures
Finally Nifty start closing above 17500 levels.
A major trend line from top may act as a level of resistance.
The point we are concerned about is the lack of a significant retracement.
Near term target May be 18100, with support around 17200-17000
and major support will be around 16750.
NIFTY FUTURES | IS 3000 POINTS FALL COMING?SGX Nifty is coming towards the significant resistance 17800 - 17900. We have already seen 2000+ points fall 3 times from this resistance. If it repeats we may see Nifty below the 15k mark by mid-November.
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InvestPro India Team
NIFTY FUTURES 21 JULY 2022Nifty today started from my zone 16510-16494 and ended at the same zone.
Power of Zones and Levels
Tomottow i am expecting a corrective move, but global markets are positive by now, lets see how it plays out.
Even if its a profit booking corrective move tomorrow, uptrend has not yet completed, kindly note it..
Nifty spot chart analysis for 18.07.2022Nifty is standing just above strong support of 16044.
if nifty moves up from where it left off then it may also cross 16100 and may reach to the level of 16158.
between 16100 to 16158 is an Extremely strong resistance.
if nifty crosses over 16044 then it may also cross then it may also cross 15980 and may reach to the level 15931.
if nifty moves down below 15931 then it may take support on 15880 , 15880 is a strong support.
if nifty crosses below 15931 then it may also cross 15880 and may to the level of 15829.
If nifty crosses down 15829. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16266 AND REACH TO THE HIGHER LEVELS.
INDIAUSD | WEAK BELOW 16200IndiaUSD looks weak below 16200 and it can retest the recent lows. More weakness below 15600 which will open gates for the 14500 zone.
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InvestPro India Team
Nifty Future Levels for 31 May 2022Nifty & Bank Nifty have crossed Descending channel and are in the upward channel as of now. If there is any strong breakout of the channel, kindly long with a confirmation candle & if you see reversal candles from the edge of the channel kindly short with a small stop loss above the channel.