This report aims to provide a technical analysis of the Nifty index and a recommendation for short selling the index in the short term. The analysis is based on the latest charts and indicators and is intended for investors and traders who are looking to capitalize on market movements. Background: The Nifty index is a stock market index that represents the...
Nifty will be slightly gap up opening in today's session. After opening nifty sustain below 17950 level and then possible downside rally up to 17850 in today's session. in case nifty trades above the 18000 level then the upside target can go up to the 18100 level.
Today market support and resistance play accordingly. Trade withless quantity.
Nifty is currently taking support at the intersection of both the lower and upward sloping trendlines. It is also forming a double top pattern more visible on 4hr and Daily charts with RSI just above 50 region. Once RSI breaks below 50 and Nifty closes below 18030 chances are high it can move towards 17930-17960 today which would be a good shorting opportunity.
Nifty will be gap down opening in today's session. After opening nifty sustain above 18100 level and then possible upside rally up to 18200 in today's session. in case nifty trades below the 18060 level then the downside target can go up to the 17950 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 18180 level and then possible upside rally up to 18270 in today's session. in case nifty trades below the 18140 level then the downside target can go up to the 18060 level.
Nifty support and resistance for Today. Pls follow the level marks in blue and red.
Nifty will be gap up opening in today's session. After opening nifty sustain above 18100 level and then possible upside rally up to 18200 in today's session. in case nifty trades below the 18050 level then the downside target can go up to the 17950 level.
NIfty in the previous week formed another doji candle with further range compression. This follows continued inside candles that it has been forming for last 3-4 weeks indicating a lot of indecision in the market. It encountered resistance from the upper trendline and is now resting on 38.2% retracement of the current rally. The Option chain indicates huge call...
See the chart above for a clear view scene 1 & 2 is given that what should we can do on monday . Just take after a good higher high or lower low situation with proper sl according to your capital Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in...
If NIFTY gets a rejection from the RESISTANCE level 18070 it may come upto 18000 SUPPORT and if the support was broken it may come upto this levels :- 17950/17984/17890 THANK YOU.
The Nifty index has been in a strong uptrend for the past few days, but recent price action suggests that the index may be reaching a resistance level. The index has been trading in a range between 18132 and 18214.70, and a breakdown below 18132 could signal a short-term trend reversal. The technical indicators are also pointing to a potential sell-off. The...
Nifty will be slightly gap up opening in today's session. After opening nifty sustain above 18100 level and then possible upside rally up to 18200 in today's session. in case nifty trades below the 18050 level then the downside target can go up to the 17930 level.
Nifty is trading inside channel, upper side And lower side both are important any side break we will trade accordingly. As always our priority will be to trade according support and resistance.
Importent Support and Resistance For Nifty Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 18010 - 18020 Second Support Zone For nifty50 – 17910 - 17920 Third Support Zone For nifty50 – 17790 - 17775 Resistance Zones For Nifty50 Intraday Trading First...
Market didn't came to the supply zone it was shorted too much so didn't take any trade but still waiting if it comes again then will short otherwise will avoid and wait for another entry 😊😊What actally happend read out the 'Related Idea' section which is given below to know what i actually wanted today and what happened
Nifty will be gap down opening in today's session. The expected opening below the 18100 level and the 18050 to 18100 level is the consolidation range and if nifty breaks the 18050 level this level then the possible downside go up to 17930+ in today's session. in case nifty trades above the 18100 level than possible upside rally up to 100-200 points.
As per chart nifty is positive but as per data18200-18230 is major resistance area and 18100-18000 is major support area. As per current market world market nifty will open gapdow with 70 to 90 point. And PCR is also over bought so it will also get cooled of. So play with given support and resistance area.