#NIFTY Intraday Support and Resistance Levels - 26/12/2022Nifty will be gap up opening in today's session. After opening nifty sustain above 17830 level and then possible upside rally up to 17920+ in today's session. in case nifty trades below the 17800 level then the Short target can go up to the 17700 level.
Niftyindia
Nifty weekly analysis for 26/09/22.Nifty has closed near to the 20 ema on weekly time frame and has lost 2.5% in a week.
The market has given quick and steady retracement after the new ATH.
The market has tested the 17800 levels and took support around it.
If the market remain bearish, nifty can test the 17k levels soon.
On 4 hour time frame, the market is resting at its 200 ema and is it drops below it nice targets can be achieved on the short side.
The markets on the intraday levels is trading below 20 ema and is showing bearish trend.
Support :- 17730, 17650, 17590
Resistance :- 17870, 17957, 18080
Wait for the price action near the price level before entering the markets.
FASP Levels for Nifty 26/12/22The FASP for Bank Nifty is listed for 26-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement, Fibonacci Extension, Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Only valid for the intraday mentioned above.
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support, Purple is either strong support or resistance and blue is regular resistance.
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NIFTY : Daily chartNifty : Broken major leval of Trendline & support both today. Be cautious, last chance if monday nifty reverse & engulf today's candle
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
nifty what's next??after couple of bearish days and lower low and lower high's
price has dropped to 17800 zone which is rd fig and also fib lvl (0.5 golden lvl)
the range between 17900-17800 it will be considered as no trading zone (for me)
will trade based on either side breakouts
"AFTER A MOMENTUM PHASE THERE WILL BE CONSOLIDATE SIDEWAYS PHASE"
wait and watch
#NIFTY Intraday Support and Resistance Levels - 23/12/2022Nifty will be gap down opening in today's session. The expected opening below the 18100 level and the 18070 to 18100 level is the consolidation range and if nifty breaks the 18100 level this level then the possible upside go up to 18180+ in today's session. in case nifty trades below the 18070 level than possible downside rally up to 100-200 points.
#NIFTY Intraday Support and Resistance Levels - 22/12/2022Nifty will be gap up opening in today's session. After opening nifty sustain above 18250 level and then possible upside rally up to 18350+ in today's session. in case nifty trades below the 18200 level then the Short target can go up to the 18100 level.
#NIFTY Intraday Support and Resistance Levels - 21/12/2022Nifty will be slightly gap up opening in today's session. The expected opening above the 18400 level and the 18400 to 18450 level is the consolidation range and if nifty breaks the 18450 level this level then the possible upside go up to 18550+ in today's session. in case nifty trades below the 18400 level than possible downside rally up to 100-200 points.
FASP Levels for Nifty 21/12/22The FASP for Nifty is listed for 21-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement, Fibonacci Extension, Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Only valid for the intraday mentioned above.
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support, Purple is either strong support or resistance and blue is regular resistance.
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Simple Trade Setup | NIFTY | 21-12-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 21-12-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Nifty daily analysis for 21/12/22.After a initial gap down the market break down to 18200 and gained back forming a dragon fly doji giving close only 35 lower.
On the hourly time frame, the market gained some momentum closing above both the moving averages.
The market has given nice closing and if the market start trading above 18420 it can give nice movement up to 18500 level.
On 15 minute time frame, the market has closed between both the moving averages.
Support :- 18325, 18250, 18200
Resistance :- 18420, 18515
The market is giving bullish closing but the initial gap downs changes the equation.
Wait for the price action near the level before entering the markets.
#NIFTY Intraday Support and Resistance Levels - 20/12/2022Nifty will be flat opening in today's session. The expected opening above the 18400 level and the 18400 to 18450 level is the consolidation range and if nifty breaks the 18450 level this level then the possible upside go up to 18550+ in today's session. in case nifty trades below the 18400 level than possible downside rally up to 100-200 points.
FASP Levels for Nifty 20/12/22The FASP for Nifty is listed for 20-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement, Fibonacci Extension, Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Only valid for the intraday mentioned above.
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support, Purple is either strong support or resistance and blue is regular resistance.
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#NIFTY Intraday Support and Resistance Levels - 19/12/2022Nifty will be slightly gap up opening in today's session. After opening nifty sustain above 18300 level and then possible upside rally up to 18410+ in today's session. in case nifty trades below the 18260 level then the Short target can go up to the 18150 level.
Nifty daily analysis for 19/12/22.Nifty on the weekly time frame has given a gravestone doji losing 220 points.
The markets, on the daily time frame has closed below 20 ema and has tested the ultimate level of 18250.
On the hourly time frame, market has closed below both the moving averages and there is possibility of a bearish moving averages crossover.
The market has given a nice retest.
Nifty has faced a serious resistance from 15 minutes 20 ema and has closed near 18250 levels.
Support :- 18250, 18140
Resistance :- 18400, 18515
The market can test lower levels before another up move as it has closed below the golden fib level.
Wait for the price action near the level before entering the markets.
NIFTY 50 ANALYSIS WEAK SENTIMENTS SHORT OPPORTUNITY TARGET HIT!!TARGET HIT!!!
Had published this idea 14 hours ago
(NIFTY 50 ANALYSIS WEAK SENTIMENTS SHORT OPPORTUNITY
As you can see from the charts of nifty 50 on daily time frame it is forming a bearish abandoned baby pattern
which is bearish in nature. nifty 50 may show weakness in coming days as global sentiments are also on negative side
short opportunities are formed if nifty 50 breaks the level of 18400-18350.
on further analysis it is also seen that nifty 50 have breached the 50 ema support it adds to the weakness of nifty 50
buying can only be seen if nifty 50 bounces from current levels and sustains it for a day or two.)
#NIFTY Intraday Support and Resistance Levels - 16/12/2022Nifty will be gap down opening in today's session. The expected opening above the 18350 level and the 18350 to 18400 level is the consolidation range and if nifty breaks the 18400 level this level then the possible upside go up to 18500+ in today's session. in case nifty trades below the 18350 level than possible downside rally up to 100-200 points.
NIFTY 50 ANALYSIS ( WEAK SENTIMENTS SHORT OPPORTUNITY)As you can see from the charts of nifty 50 on daily time frame it is forming a bearish abandoned baby pattern
which is bearish in nature. nifty 50 may show weakness in coming days as global sentiments are also on negative side
short opportunities are formed if nifty 50 breaks the level of 18400-18350.
on further analysis it is also seen that nifty 50 have breached the 50 ema support it adds to the weakness of nifty 50
buying can only be seen if nifty 50 bounces from current levels and sustains it for a day or two.
Nifty Friday Fib Levels_16_12_22The Fib Levels for Nifty is listed for 16-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
How Does This Work?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#NIFTY Intraday Support and Resistance Levels - 15/12/2022Nifty will be gap down opening in today's session. The expected opening above the 18590 level and the 18590 to 18630 level is the consolidation range and if nifty breaks the 18690 level this level then the possible upside go up to 18720+ in today's session. in case nifty trades below the 18590 level than possible downside rally up to 100-200 points.