Get started

Niftyindia

Nifty view for 30/05/22Nifty on the daily time frame has given a nice bullish movement and has closed near to 20 DMA. On hourly candle, it has closed above the 20 ema but it still in between the two EMAs. Market has closed above its 20 and 200 ema. Nifty is weaker than banknifty, wait for it go give a move it can trade upto next targets. Support :- 16210, 16080 Resistance :- 16400, 16480 Nifty can be strong for tomorrow. Will be bullish and trade accordingly. Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by Mambotrade
Simple Trade Setup | NIFTY | 30-05-2022 [INTRADAY]NSE:NIFTY Trade Setup for 30-05-2022 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
1
Nifty view for 27/05/22Nifty on the daily time frame has given a nice hammer candle. On hourly candle it has closed above the 20 ema and closed just below the resistance level of 16200. Market remained bullish in the second half of of the day. The moving averages on 15 minute time frame are close enough. Market has closed above its 20 and 200 ema Support :- 16080, 16000 Resistance :- 16210,16400 Market has given a bullish closing and can remain bullish. Wait for the price action near the levels for confirm entries.
NSE:NIFTY
by Mambotrade