Get started

Niftyindia

Nifty view for 06/05/22Nifty has given a spinning top candle on a weekly close and is trading below its 20 ema. On hourly candle, it has closed below the 20 ema and was bearish in the second half of the trading session. It lost around 135 point in a single hourly candle and closed near the day's low. Nifty still not closing above its 200 DMA and has fallen after taking a resistance from it. Support :- 16500, 16480, 16400 Resistance :- 16640, 16700 Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by Mambotrade
Simple Trade Setup | NIFTY | 03-06-2022 [INTRADAY]NSE:NIFTY Trade Setup for 03-06-2022 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.
NSE:NIFTY
by Trading_hawk
Nifty Intraday Trade Setup | 3rd JuneNifty opened with a small gap-down around 16500, after making a low near 16450 we saw a bounce in towards 16584 and after some consolidation, Nifty made a new day high near 16650. Tomorrow, if the Nifty breaks 16650 on the upside, we expect to see a further upmove but 16700 is resistance so be cautious in that zone. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above - 16650 Sell Below - 16560 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:NIFTY
by InvestPro_India
1
Nifty Correction - 2nd June 2022Hello, Its been a roller coaster ride since few days in the market. Both Bears and bulls seems to be trapped one way or the other. As of now lets see where we stand at the Waves count. The Chart posted is self-Explanatory. We might have completed or might complete the 4th wave around 16650 by 3rd June or 6th June. After that we might start with the 5th Wave, and as of now...the band between 15650 - 15750 - seems very strong. And it might not break in coming days. After this wave we might start going up....the last up wave of the bigger structure. This might go up till 20500 and might well spill till next year. This whole theory will be invalidated if Nifty starts trading below 15600. Neo Disc : Educational Purpose only
NSE:NIFTYShort
by neostockmatrix
Nifty Analysis ! Nifty Levels ! Nifty Outlook ! Nifty PredictionAfter a lovely expiry let move ahead & plan it for tomorrow. Today another GAP was got filled which was yesterday closing point @16550. Now always remember after a Trending day most of the time market take a pause & then go for another ride & possibility may can happen tomorrow. Upside Res1 : 16650 Upside Res1 : 16741 Below support1 : 16563 Below support1 : 16460 Condition 1: Gap up opening wait for Retest R1 or White soldiers pattern for next 15 min & then take position. Immediate initial target is 16690 & if this taken away then it will go for 16741. Condition 2: If flat opening then closely watch OI & Volume to catch the trend or any pattern to appear nearby 16650 either side. Condition 3: Gap down opening wait for 15 min, Mark high low & then take trade, If Support 1 breaks with Volume then it will go 16460 / 16366.
NSE:NIFTY
by Option_Kontrol
#Nifty-02/06/2022-#ReportHello Traders, +++++++++++ #Nifty-02/06/2022-#Report ---------------------------------------- Opened as a Gap-Down, above S@2-Zone. Market took the support at S@1-Zone and broken R@1, IMP-Zones then went to near PDH. -> I hope you all like my analysis. Follow me to get regular updates. -> Please do share your thoughts in comment section. -> To copy levels 5121traderatgmaildotcom _______________________________________________ Please Hit a LIKE, and do SHARE with your trading friends.
NSE:NIFTY
by SriTrader5121
Nifty Intraday Trade Setup | 1st JuneNifty opened with a gap-down 16599, we some selling in the morning which brought Nifty towards 16520 but that acted as strong support and Nifty made a high at 16690. Nifty again rejected near our Buy level which was also resistance and we saw around 150 points free fall. Tomorrow, if the Nifty breaks 16500 on the downside, we expect to see a further downmove. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above - 16700 Sell Below - 16500 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:NIFTY
by InvestPro_India
6
Nifty Analysis ! Nifty Levels ! Nifty Outlook ! Nifty PredictionHere is my Trade plan for tomorrow: As if now SGX NIFTY shows GAP DOWN OPENING Condition 1: Support would be 16460 & Pending GAP is @ 16440. Market is likely to refill this gap by tomorrow following with 16366 & 16204 (Pending Gaps). Note: If by any chance we see huge gap down-opening then definitely Short covering will happen. Need to wait first 15 minute check Open Interest & Volume & take trade accordingly. Still market is bearish so don't go long with big quantity.
NSE:NIFTYShort
by Option_Kontrol
NIFTY50: 17100+ absolutely possible from here on!#NIFTY50 1. Opened Gap Up and sustained above 16400 throughout the day. 2. It was forming a Rounding Bottom however, NIFTY broke out with a Gap Up. Would personally love a dip to 16350 odd levels to initiate longs for better RRR. 3. 17150-17250 is Big Resistance and I am expecting NIFTY to reach there before any major profit booking. 4. 15700 can be considered as mid term bottom and 16000 can be considered as Short term bottom. 5. Unless 15700 (15670 to be precise) is breached and sustained, don't think of booking your investments. 6. Bias has changed to Buy on Dips from Sell on Rise, atleast for now. 7. Consult your financial adviser before investing. Comments are most welcome!
NSE:NIFTYLong
by Equity_OptionTrader