Nifty will be gap up opening in today's session. After opening nifty sustain above 18520 level and then possible upside rally up to 18620 level & this rally can extend for another 100-120 points if gives breakout of 18630 level in today's session. in case nifty trades below 18490 level then the downside target can go up to the 18380 level.
Nifty has fallen in the first half of the trading session and tried to recover some points in the second half.
Market on the daily chart has given a dragon fly doji and closed above 18500 levels.
The market on the hourly time frame, has formed doji after doji, showing upper wick rejection. The market has started trading below the 20 ema and continuously faced...
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18580-18600
Towards Target of 18660
With SL of 18570
Support 18500-18480
Towards Target of 18420
With SL of 18510
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18680-18700
Towards Target of 18750
With SL of 18680
Support 18590-18570
Towards Target of 18500
With SL of 18600
For the last two trading session, nifty has been trading in a similar range and has formed dojis. Though banknifty has been trading new ATH, nifty is unable to capture the previous high.
On the hourly time frame, the market has traded inside the first candle and is taking support around 18600 levels.
If the markets break down, gap fill trade can be taken. On the...
Nifty is in supply zone of previous two tops. The price breakout must also be confirmed with RSI this time.
For bullish bias - one can look at it as a Cup and Handle, when nifty starts trading above red zone
For bearish bias - one can look at it as a ending diagonal (Ascending triangle), when nifty starts trading below blue trendline
Use discretion!
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18630-18650
Towards Target of 18700
With SL of 18630
Support 18520-18500
Towards Target of 18420
With SL of 18540
The market is at a crucial price level and global markets are giving positive sentiments in the short term. However, markets have been choppy recently and must be traded with caution.
Nifty on the weekly time frame has given a nice bullish candle and has closed above the resistance zone. It has consolidated for 2 week in the range and has given a break out.
The market has formed a good bullish pattern on the daily time frame as it has taken a support from the 61.8 fib level. The market has been taking support from the 20 ema.
On the hourly...
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18480-18500
Towards Target of 18550
With SL of 18480
Support 18370-18350
Towards Target of 18260
With SL of 18390
Nifty 50 is near its supply zone again. faced resistance multiple times at this level.
important demand and supply zones are marked in the chart.
for major movement on upside or downside Nifty has to break the marked portions till then stay back and relax !!
allow 15 minute candle to close on either side of the area marked in red, for the targets mentioned in...
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18380-18400
Towards Target of 18450
With SL of 18380
Support 18220-18200
Towards Target of 18100
With SL of 18230
This chart Nifty 50
One hour time frame use Monthly expiry today.
Nifty 50 support zone 18197 to 18335 big green candle create.
Note this chart are only educational purposes.
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18440-18460
Towards Target of 18540
With SL of 18420
Support 18350-18320
Towards Target of 18250
With SL of 18350 v
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18350-18380
Towards Target of 18460
With SL of 18340
Support 18220-18200
Towards Target of 18100
With SL of 18250
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18280-18300
Towards Target of 18380
With SL of 18260
Support 18120-18100
Towards Target of 18050
With SL of 18120
