Nifty today showed a good unexpected up trend in the second half. It is getting prepared for 16200 levels. Kindly note there is a strong resistance at 15915-15935 levels. Also keep following the zones and the levels.
Sorry guys, i was travelling since 3 days, could not update analysis of thursday and friday. Kindly take advantage of todays analysis. Also check weekly and daily charts on week ends especially.
Hope u enjoyed the power of zones and trendline today. It bounced thrice from my zones today and ended just above the trendlline. Best of Luck for tomorrow, Kindly respect the zones and levels as Nifty is also respecting it.
Nifty today shown much of weakness after gap up opening, tomorrow if the today's low is broken it may give further downside.
YESTERDAY 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...
NIFTY 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 respected my bear flag channel tried to break it but came back and stayed around it all day, the flag is still intact for tomorrow i.e. 21-05-22
NIFTY 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...
NIFTY 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...
NIFTY 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....
Hi, 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...
IndiaUSD 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
Today 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...
Hi 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.
Hope you shorted from the selling zone today and earned. Best of Luck for the Expiry day.
Please note the higher time frame channel in gray colour which i have extended from hourly time frame, do remember diagonal levels are as important as horizontal levels.
nifty didn't had any direction today, but if u observe the charts you will be able to see that it has not got enough strength to move up fast.
Hope the supply zone & median line of uptrending channel, helped you enter first and second trades respectively & the down moving trendline, helped you exit, on Friday, as per my 03 June 2022 analysis