NSEIX:NIFTY1! nifty future is aggresively approaching the sell zone of the ath level, if breaks above 20255 ans retests for taking support and ahain breaks above the new ath level, then market might countinue making new ath levels with fresh upper high upper low formation price action.
on the other side if we see a huge profit booking, then we'll see nifty future...
NSEIX:NIFTY1! nifty future has arrived at the crucial pint where it can give a possible pull back if the mentioned/marked support breaks and we get a retest negative price action, if breaks above the current resistance/sell zone then future can hit the 20k mark
NSEIX:NIFTY1! as mentioned in previous post, nifty future is pushung for 19500 level with a retest on 19385 zone, in process we can see a wedge pattern has formed at important area of interest, keep checking the wedge movement with respect to the zones marked.
if we see a selling/profit booking at 19500 level, market may inch towards 19200 zone.
upside target...
NSEIX:NIFTY1! after succesfully bouncing back from the 18800s, the nifty future has come to the breakdown level again, now what we need to check is that if this this is going to be the retest and countinue the fall further towards the 18700/600 zone or we get the succesfull breach of the current red zone for retesting the psychological level of 19500.
remember,...
NSEIX:NIFTY1! as mentioned in previous prediction, nifty future dropped as soon as it broke the buy zone, now nifty future can shoot upside in a blink of an eye as selling pressure will vanish and buyers will flood the market. if nifty future breaks and sustains above the green box, it will hit the upside target before next weekly expiry.
Nifty analysis for 18th October 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered...
Primary Trend : Negative
Range-Bound Trend : All up Moves can initiate profit Booking @ 19630 whereas All Down Moves can Initiate Short Covering @ 19500
Upside:
If Nifty futures for the Oct Series move above 19550 and sustain. Then Nifty futures can touch 19616 and then 19675 during the day.
Downside:
If the support of 19519 is broken then Nifty Futures can...
Nifty started the day with a gap down opening and corrected along with the broader market sell-off in Wednesday’s session. However, we witnessed a recovery from the low of 19333 and it ended well above 19400 with a loss of less than half a percent. All up Moves can initiate profit Booking @ 19500 whereas All Down Moves can Initiate Short Covering @ 19350
If Nifty...
The price shows a downtrend with a series of 6 red HA candles. But the body of the 6th candle fits in the previous one. Which indicates a cool off or a consolidation.
Consolidation range : 19500 to 19560
All major moving averages are negative (-ve)
The breakout of 19560 extends the upper range to 19600//19625
The breakdown of 19500 extends the downside range to...
Chart type : Heikin Ashi
Time frame: Daily
Tools Used:
Fibonacci for levels.
Heikin Ashi candles for momentum.
Moving averages for the behavior of the price.
Analysis:
We have a series of continuous red HA candles which indicates the weakness in momentum. Also the price is trading below the first band of moving averages. The next important level to watch is...
NSE:NIFTY1! after giving breakdown from the rising wedge , can nifty future give a kittle oull back or will it start upward move once again?
keep your eyes on how it reacts on marked buy/sell zone in coming week.
NSEIX:NIFTY1! NIFTY FUTURES trading at ATH level. possible nagtive signal at 4 hr TF if we get this 4 hr candle in deep red and next one opens below and starts moving towards support, we might break it this time.
Sharp Fall from New High..... Will Nifty Sustain above 20k again ...Let See...Important Levels Given on Chart and on Breaking Crucial Level We Will enter into that direction. For time being Sell Option for Both Side CE/PE
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