Niftyfutureanalysis
NIFTY FUTURES 27 JUNE 2022YESTERDAY NIFTY 24-06-22
First of all guys sorry for drawing two zones late and updating in live market. any ways market remained between my levels 15608-15743 to be precise, and kept consolidating.
Nifty on Monday 27-06-22
Just observe the blue lines and curves, it is an inverted head and shoulder and break out of the same has been confirmed on Friday 24th June itself.
i expect a strong gap up on Monday, above my zone of 15820-15865.
We have 15948 & 16062 as strong reversal points, let's see how it works out. Also mind well that 15865-15820 will work as strong support.
NIFTY FUTURES 22 JUNE 2022NIFTY TODAY 21-JUNE-2022
Bear flag didn't work, Nifty opened above mid channel and kept moving up till my zone at 15711, crossing the upper bound descending channel, failed to cross the zone and retuned back to the upper bound descending channel, closed just below it.
NIFTY 22-JUNE-2022
Nifty has too many resistances while moving up, it is purely sell on rise.
NIFTY FUTURE 20 JUNE 2022NIFTY TODAY 17-06-22
Whole day Nifty was stuck between my zone 15369-15333 and lower side of my down trending channel, it tried breaking it twice but was in vain.
#POWER OF TECHNICAL ANALYSIS
NIFTY ON MONDAY 20-06-22
If you observe closely Nifty has formed a perfect Bear Flag Pattern - BLUE HIGH LIGHTED LINES.
Getting ready for the down slide. i was expecting the breakdown today itself, but it didn't.
There are higher chances it may respect the bear flag and slide down towards 15000.
Don't miss the channels along with zones before taking a trade decision.
Nifty Future Levels for 17 June 2022NIFTY TODAY - 16-06-22
Today was the awesome trending day, which was a darling day for all trend followers. Even after such a trending day, market gave ENTRY & TARGET points on each and every of my following zones
15793-15769
15652-15642
15555-15510
15425-15410
15365-15350
Did you guys notice the confluence of my downtrending channel with the zones and how price reacted at those confluence points.
Finally closed below my last zone of 15350.
NIFTY TOMORROW - 17-06-22
We have now into a new downtrend channel, and at the bottom of it, if it gets respected we may see a bounce up wards. keep respecting the zones and levels. Best of Luck.
Nifty Future Levels for 16 JUNE 2022NIFTY TODAY - 15 June 2022
Opened near the mid line of my downtrending channel an touched it in first 3 minutes at 15719, took support from there and bounced.
Reached the upper line of downtrending channel at 15798 and couldnt cross it for the whole day. This is the power of Tech Analysis.
NIFTY FOR TOMMOROW - 16 JUNE 2022
Not many changes in the chart levels. Best of Luck for tomorrow.
Nifty Future Levels for 14th June 2022Hi, Today on 13th June 2022, after a massive gap down of 300 points, Nifty respected our zone, it stuck in the zone of 15923-15885 tried to go up but the sellers didnt allow.
Then it went down and and again stopped at my zone of 15772-15740 consolidated for 3 long hours.
Then tried to break the Demand Zone but came back and closed just above my demand zone at 15790.
Best of Luck for tomorrow, do trade at confirmation candles around the zones only for better R:R
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.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Future Levels for 13 June 2022Today on 10th June 2022, Nifty Futures started just below my demand zone, tried to pierce the demand zone but coudn't.
Then made Lower Lows and Lower Highs to reach to my next demand zone on 16241-16201, tried to break it but finally it had to close in the bottom of the zone.
Power of #TECHNICALANALYSIS
For 13th June keep eye on downtrending channel and the zones below. Market may be quite negative on monday due to Dow Jones and Nasdaq down fall, today.
Nifty Future Levels for 10 June 2022Hi did you see how Nifty respected my zones today
It got stuck in the zone between 16346-16372 for 3 and half hours clinging to my uptrending channel which was crossin the zone.
Then it got trending from 2.15 pm and stopped and closed exactly at my zone of 16485
Power of #TECHNICALANALYSIS.
Best of Luck for Tomorrow.
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.