#NIFTY Intraday Support and Resistance Levels - 15/03/2022Flat opening expected in NIFTY. after opening if nifty starts trading below 16850 level then possible downside upto 16750. For today's session 16750 will act as an important support. Strong upside rally possible in case nifty starts trading above 16900 level.
Niftyindia
Nifty 50 -Long OpportunityLong Opportunity -
Nifty on daily chart timeframe showing bullish movement. It has crossed the resistance level of Rs. 16822.70. If any candle closes above this level we can go for long for a target of Rs. 135.00. It means that a 0.80 % move is expected in nifty on the next trading day.
Nifty intraday levels for Tuesday 15-3-22NSE:NIFTY
📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas.
If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade.
📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments.
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Nifty view for tomorrowNifty is consolidating and on a shorter timeframe, nifty is respecting the resistance zone.
Nifty can break either side and the move can give a nice target points.
Support:- 16410, 16150
Resistance:- 16670, 16750
Market can give a good move. wait for pattern to form near the levels.
NIFTY 50INDEX NAME - NIFTY 50
We are in a downtrend from last two months and As per my understanding we are heading towards biggest fall in nifty.
On monthly chart we have seen clear channel breakdown and 15000 below can be seen in sometimes
Long above 16820 only
Buy only bluechip stocks in dip for long term
DISCLAIMER- kindly do your own analysis before investing.
#NIFTY Intraday Support and Resistance Levels - 11/03/2022Nifty will open slightly gap down in today's session. After opening it will trade in between range of 16450-16600 level. In case nifty starts trading below 16450 level then expected strong downside upto 16250 level. Upside movement possible if it's starts trading and sustain above 16600 level.
Nifty Intraday Levels For Tomorrow Friday 11-3-22NSE:NIFTY
📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas.
If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade.
📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments.
Become an independent trader
take charge of your own trades
Learn . Apply . Grow
******whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.
Nifty 50 -Long OpportunityLong Opportunity -
Nifty is collecting strength to show long bullish moves. There is two Major Resistance level for Nifty 50. If in the first session it breaks 16550 level then it may show the level of Rs. 16758.25, which will be our 1st target. After that, if the Nifty 50 crosses the level of Rs. 16822.70 (It will move better if the nifty consolidate between that range - 16758.25-16822.70) then it may show the level of Rs. 17225.70. We can go for a long on Friday.
Nifty - Possible bullishness in short termNifty has been in the long running parallel channel and this week took support from the bottom of the channel and the trendline from ATH on 19th Oct where it has taken multiple support and resistance.
Scenarios for the next week: -
Scenario 1: -
1. On the line chart, Nifty is forming a double bottom with bullish divergence on Daily RSI (14) so a bounce is expected at the start of next week.
2. It should test the trendline drawn from 19 Jan where it has faced resistance multiple times.
3. Depending upon which day it reaches the trendline it will again be at 16600-16800 which has been a strong resistance zone.
4. If the trendline breaks then Nifty can move up to the middle of the channel thereby closing the gap formed between 16800 and 17050.
Scenario 2: -
1. Nifty could test the trendline drawn from 19 Jan and could then fall to take either support from the bottom of the parallel channel.
2. In the scenario where it could break the channel the trendline from ATH and the cluster of support from Jun-Jul of last year will also act as support.
3. This region of 15600-15900 is predicted by most analysts to be a strong support zone in the medium term for Nifty.
Possible risks: -
Further deterioration in geopolitical news could see Nifty falling again from start of the week and take support in the cluster zone.
#Nifty Intraday Levels For Thursday 10-3-22NSE:NIFTY
📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas.
If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade.
📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments.
Become an independent trader
take charge of your own trades
Learn . Apply . Grow
******whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.
Nifty 50 view for tomorrowNifty on an hourly time frame has given a break out of major resistance level, its 20 Ema and the round figure of 16k.
Nifty looks somewhat bullish.
Major support levels:- 15915, 15689
Major resistance :- 16203, 16363
Wait for the levels to sustain.
Market is volatile. Test the levels.
#nifty Intraday Levels For Wednesday 9-3-22NSE:NIFTY
📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas.
If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade.
📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments.
Become an independent trader
take charge of your own trades
Learn . Apply . Grow
******whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.