Niftyindia
Nifty view for 19/04/22.Nifty has closed near its 20 ema on a 15 minute time frame.
Todays candle show some confusion as it has formed a doji and has closed between its 20 and 200 ema.
Support :- 17100, 17000, 16830
Resistance:- 17240, 17330
The market has been opening gap up or down.
Wait for the levels to be tested and confirm with the price action near support and resistance.
#Nifty-18/04/2022-#ReportHello Traders,
#Nifty-18/04/2022-#Report
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Opened as a Big Gap-Down, below S@4-Zone. Then went to S@4-Zone and reversed. Market broken S@5-Zone then went to S@6-Zone. It took the support at S@6-Zone and closed above Red-TL.
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Nifty view for 18/04/22.Nifty is on shorter time frame, looks bearish and is respecting the resistance levels.
On daily time frame, the market is taking support from its 20 ema but on hourly time frame the price is between 20 and 200 ema.
Support :- 17245,17330
Resistance :- 17500, 17600
Market has been opening gap up or gap down and consolidating the whole day.
The market can be trending if the markets break the resistance level and sustain above it.
Wait and watch the markets price action for proper entry.
#NIFTY Intraday Support and Resistance Levels - 13/04/2022Nifty will open slightly gap up in today's session. Expected opening near 17600 level. After opening if it's starts trading above 17620 level then possible upside rally upto 17780+ in today's session. Below 17580 there will be further weakness in nifty.
#NIFTY Intraday Support and Resistance Levels - 12/04/2022NIFTY will open gap down in today's session. Expected opening near 17650 level. After opening if it's starts trading below 17650 then possible further downside upto 17550 level. Any upside direction only expected if it's starts trading above 17750 level.
Nifty-12/04/2022-LevelsHello Traders,
Nifty-12/04/2022-Levels
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If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of IMP (BUY) – Rejection of PDL (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL)
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Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
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SHORT FORM &FULL FORM
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PDH-> Previous Day High
PDL-> Previous Day Low
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
M_S -> Major Support
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
#Nifty route=map for 11th AprilPlease have a look into the chart to get all details, I have tried to draw everything as much i found according to my Analysis.
Target 1 can be a reversal level in Up-side, so Need to be careful. Trading Level will be only consider activated, when a fresh candle start build-up above or below the level accordingly.
This Study is Based on Harmonic Pattern , Fibo ratios & Price action.
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HAVE A GOOD GREEN TRADE
Nifty 50 Analysis Week 2 April 2022Market closed at 17894.
We can see 1 Gap is pending (17990) & another Gap is below at (17389).
In between that i have marked Important Support at (17754) & if this has taken out then market will try to fill the Gap which is 17389 slowly & gradually.
Conditions:
Market 1: If we see 17990 was taken out with huge gap-up opening then need to wait for at least 15 min, Watch out Price Action & take position accordingly.
Bullish candle then Buy & If Bearish & 17990 taken out then Put Buy Simple.
Market 2: If market remains flat then we have 2 options if it breaks 17990 then we can go for Buy only if OI & Volume supports Price else we can take Put entry if 17818 was taken out with small qty & if 17754 was taken out then we can do Pyramiding Simple.
Market 3: If we see Major Support was taken out & sustain at least for 15 min candle then market will head towards 17555 & so on.
NIFTY Trade Plan And Important Levels For TomorrowNIFTY has been moving as per expectation for this expiry .
Now the downmove also seems to be slowing down with a falling wedge formation underway.
Prices back to the breakout structure is where we will be planning our long entry with the confluence of a wedge breakout .
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Best!