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Niftyindia

Nifty view for 17/05/22.Nifty has closed in green on daily time frame and has formed an inside candle too. There is a bearish moving averages divergence and markets can remain in a narrow range. The market faced a good resistance from its 20 ema on hourly time frame. And traded around its 20 ema on 15 minute chart. Support:- 15830, 15745 Resistance :- 15895, 16080 Markets are still in a confusion and can remain in a narrow range. Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by Mambotrade
Nifty Intraday Trade Setup | 13th MayNifty opened with a gap-down due to global cues around 16034 and we saw selling pressure since morning as we updated in yesterday's analysis. Trades we took today - > Bought Nifty 16200 PE at 205, it went above our Last Target of 255 and Traders booked profit in this Trade > Bought Nifty 15800 CE at 95 which we booked with 10 points loss > Bought Nifty 16000 PE at 130 which we booked with 8 points profit > Bought Nifty 15700 CE at 140, it went above our 3rd Target of 190 and Traders booked profit in this Trade Overall, Nifty Option buyers booked profits. Tomorrow, if the Nifty breaks 15920 on the upside, we expect to see an upmove. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above - 15920 Sell Below - 15700 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:NIFTY
by InvestPro_India
1
What next? Reversal to 17k or 15kSince the Last blog on Nifty, we came across plenty of news, including repo rate hike, Fed rate hike, war-related tension, and inflation. The entire global market reacted to it with extensive selling. In the Indian market, FII has sold more than 17000 crs of their holding, which is equivalent to October 2021 stats but this month we still have half a month to go. On the upside, the market should close above the 16400 in the coming week. And there should not be any exhaustion gap below the 15600 level which is the next support level, in case this happens we may see a strong sell-out and the price would go to 15000. This level depicts the VAL level, which lowest price level within the area.
NSE:NIFTY1!
by OK_Rane
NIFTY: What's Next?1. As you can see in the chart, #NIFTY is in LH-LL structure since September 2021. It's a prolonged consolidation and looks like it's going to continue for some more time. 2. Whenever NIFTY has hit channel bottom, recovery has been fast. And whenever NIFTY has hit channel top, it enters bearish consolidation phase. 3. On Friday, NIFTY made a Abandoned Baby candle, which can be considered a short term reversal if follow up candle confirms. So any closing above 16650 may hint at short term reversal for short term targets 17000/17200 however, overall structure is weak. 4. Below 16300, this bearish phase is going to continue and may find its bottom in between 15500 to 14500 to make a new LL. After that, it total depends on NIFTY whether it breaks down the channel for further weakness or reverses back to 17600+ levels to make a new HL. 5. As of now, trend is to Buy at Bottom and Sell at Top of channel, which is successfully in place since September and looks likely it's going to continue unless something highly Positive or Negative happens and NIFTY changes the trend all of a sudden. 6. Traders, ride the trend. Investors, stay invested patiently. 7. As always, consult your financial advisor before investing. If worth it, do Like, Share and Comment your view.
NSE:NIFTY
by Equity_OptionTrader
Nifty view for 12/05/22.India vix and the market movement showing same volatility. Markets are moving in both direction. On daily time frame, moving averages are converging and are close together. Nifty has tested its crucial support of round number 16k. Market has closed below its resistance level and in gap up and gap down it doesn't matter. Support :- 16000,15900 Resistance :- 16230,16400 Wait for price action near the levels and don't take early entries. Confirm your trades in this volatile markets
NSE:NIFTY
by Mambotrade
Nifty Analysis ! Nifty Levels ! Nifty Outlook ! Nifty PredictionMarket is in Bearish mode.... Note: 15 min rule have to follow. Before any position please watch-out Volume & OI. Codition 1: Gap Down opening If 16135 taken out & sustain then definetely will see 16024 .... Condition 2: Sideways open For long small qty prefer until Gap filled (16423). For downside we can take based on Money mgmt rule. Condition 3: Gap-up opening Prefer to go with smaller qnty until gap filled & sustained (16423)
NSE:NIFTY
by Option_Kontrol
2