#NIFTY Intraday Support and Resistance Levels - 25/07/2022Today's will be slightly gap down opening in Nifty . After opening if nifty sustain above 16700 level then possible upside rally 100-200 points. Any downside expected below 16600 level.
Niftyindia
Nifty daily chart levels for 25/07/2022Dear traders, I have identified Nifty level based on my analysis, major support and resistance level. Please note that I am not a SEBI registered member. Information shared for educational purpose.
17000 (Highest OI on Call side)
16800 level is very critical level (Nifty previous high of 16793 on 03/06/2022)
16500 level (Highest OI on Put side)
I am expecting Nifty to consolidate in the zone of 16500 to 17000 for next few days before taking any directional move.
Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT EXCEPT GOD. OVERALL, WE SHOULD BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Nifty view for 25/07/22.Nifty has crossed and closed above its 20 ema on weekly time frame and has given a nice bullish candle.
Markets are bullish and has gained 5%(approx) this week.
On a daily time frame, the market has close above its 200 ema.
The market has been taking support from its 20 ema on 15 minutes time frame. There are sign of another bullish week.
support :- 16485, 16324
Resistance :- 16825, 17000
Market have given a nice move in the previous weeks and can consolidate on week to week close.
Wait for the price action before entering the markets.
Nifty Trading at Channel ResistanceNifty50 Spot is trading near Channel Pattern Resistance levels, I would like to Go Short on Nifty Future around Current Price @ 16515- 16520 With The Stoploss of 16601 and Expected Targets are 16300 in next 2-5 Days
#NIFTY Intraday Support and Resistance Levels - 22/07/2022Today's will be slightly gap up opening in Nifty. After opening if nifty sustain above 16600 level then possible upside rally 100-200 points. Any downside expected below 16500 level.
NIFTY 50 analysis NSE:NIFTY Closed above 200 MA today(21-7)
Formed bullish green candle and engulfing previous day`s candle.
As my analysis 16663 is 1st resistance and 16793 is 2nd resistance for tomrw(22-7),
and 1st support is 16495 and 2nd support is 16347.
I am not a professional of certifies analyst.
I post my own ideas just for learning purpose.
It is not any recommendation for trade on my analysis.
THANKYOU.
Nifty Breakout on Weekly TimeframeLet's see how far will go now. I don't think so about the support, it will boost from here only. NSE:NIFTY .
Dual Boomerang Pattern Let's see how far it will go from the first boomerang.
Disclaimer: This is not the pattern, Just For Fun. :)
Nifty daily chart levelsDear traders, I have identified Nifty level based on my analysis, major support and resistance level. Please note that I am not a SEBI registered member. Information shared for educational purpose.
Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT EXCEPT GOD. OVERALL, WE SHOULD BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
#NIFTY Intraday Support and Resistance Levels - 20/07/2022Nifty will open gap up in today's session. Expected opening near 16500 level. After opening if nifty starts trading above this level then possible strong upside rally 100-200 points. Any downside only expected below 16450. Downside 16300 will act as a support for today's session. Any major downside only expected below this support level.
Nifty daily chart levels for 20th July 2022Dear traders, I have identified Nifty level based on my analysis, major support and resistance level. Please note that I am not a SEBI registered member. Information shared for educational purpose.
Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT EXCEPT GOD. OVERALL, WE SHOULD BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Nifty Trade Set up for Wednesday 20 July Nifty Trade Set up for Wednesday 20 July
Resistance -16500
support -16200
trend - Positive
Nifty Buy/Sell trendline on 15m timeframe for Intraday Nifty Buy/Sell trendline on 15m timeframe for Intraday for educational purpose.
Nifty Trading Near Channel SupportNifty Future Trading Near Channel Support on 30-mins Time Frame Chart, eyeing to Buy Nifty Future Around 15850 With Stoploss below 15790 For Expected Targets are 16000-16100
Nifty daily chart levels for 19th July 2022Dear traders, I have identified Nifty level based on my analysis, major support and resistance level. Please note that I am not a SEBI registered member. Information shared for educational purpose.
Today, Nifty nicely performed as expected.
India VIX is low 17.16 (-2.49%) which is quite comfortable.
Nifty may go up to 16400, 16500 levels then we can expected profit booking. If Nifty opens flat around 16350 level then in first half look for buy on dips opportunities.
Review overseas markets tomorrow morning for better clarity to adjust your trades as per global cues.
Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT EXCEPT GOD. OVERALL, WE SHOULD BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Nifty view for 19/07/22.Nifty has given a nice marubozu candle on daily time frame.
The markets opened higher and remained in a bullish trend.
On 15 minute time frame analysis, there is a bullish moving averages cross over.
The market has respected the resistance level and has closed just below it.
Support:- 16150, 16020
Resistance:- 16290, 16400, 16480
The market seems bullish and can remain in the bullish mode.
Wait for the price action near the levels before entering the time frame
Nifty daily chart levels for 18th July 2022I have identified Nifty level based on my analysis, major support and resistance level. Please note that I am not a SEBI registered member. Information shared for educational purpose.
Nifty Levels for 18th July 2022I have identified Nifty level based on my analysis, major support and resistance level. Please note that I am not a SEBI registered member. Information shared for educational purpose.
NIFTY: Monday (15-07-2022) Right now my take fir nifty is neutral, if nifty breaks the supply zone and take good support in first half and hour we can see good momentum upside. Nifty last hour candle made doji which means indecisiveness in the market. I personally didn't carry any overnight positions. Monday wait for the momentum either then take a trade. otherwise it will be a range play. Index players can take help of OI data for better conviction. All the best
#NIFTY Intraday Support and Resistance Levels - 14/07/2022Gap down opening in nifty. After opening if it's trading below 15950 level then possible further downside upto 15800 level. Bullish side rally expected in case nifty starts trading and sustain above 16000 level.
#NIFTY Intraday Support and Resistance Levels - 13/07/2022Nifty will gap up in today's session. After opening if it's sustain above 16050 level then expected upside rally upto 16150 level and this can be extend for further 100+ points in case it starts trading above 16180 level. Any major downside only expected below 16000 level.
#Nifty || 11th July 2022 || Falcon Trader Analysis for #Nifty50I have been travelling therefore there is some delay. However in most previous posts I have posted even during live market.
FalconWaves wave C is almost done. I have given you a trigger line, if price closes below this then short opportunity is good.
Once this wave C completes, we finish green A and then we look for green B down - which will again have blue ABC (Blue comes from daily time frame and green from weekly, red from hourly) - just Color codes for us to understand what Falcon Waves we are in.
I will post more charts soon, but now is time to be careful as we are in over bought zone.
How to trade using Falcon Waves?
Good question - I will write a post on trading view education post soon.
Follow me on trading view for daily update on falcon Wave counts for Nifty50
Nifty USDNifty USD:
#WeekendRead Something interesting
Why the DXY matters ! This is Nifty USD chart.
If you see this one, there is clear breakdown of 21-Monthly EMA on Nifty USD monthly chart, whereas when you compare this with Nifty INR chart we are still trading above 21-MEMA.
Means until DXY settles we keep getting weak for FIIs and that money won’t come in big; some pocket we may see for swing (breakdown retest) but overall we remain weak.
With Nifty USD 21-MEMA breakdown and Reliance at crucial support and getting rejected from its previous swing low ~2445/65, all I want to remind everybody is trail you SL.
Happy Weekend!
