Nifty on the daily charts has formed an inside candle and closed flat forming a doji candle.
It consolidated in a narrow range of 60 points after the first hour candle. There were no movement in the index.
On the hourly charts, nifty traded around the 20 ema and closed between both the moving averages.
Markets are not giving any option buying opportunity in the...
Gift Nifty indicating a slightly negative to flat opening, and we expect to see an up-move if Nifty sustains above 19810 and more strength can be seen above 19850.
On the other side, if Nifty breaks 19680, more weakness is expected.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19810
Sell Below - 19680
To motivate us, Please like the idea If you...
NIFTY Intraday Trade Setup For 16 Oct 2023
Bullish-Above 19810
Invalid-Below 19760
T- 19910 20030
Bearish-Below 19725
Invalid-Above 19775
T- 19635 19530
NIFTY has closed on a slight bullish note with 0.5% gain last week. 19850 is the hourly resistance, breakout will initiate another long leg of rally while we picked it from 19500 last week with 0.5%...
Nifty on the weeekly charyts has given a nice bullish candle and has closed around 100 points higher.
After the gap up opening on Monday due to the international news it recovered and took support from 50% fibonacci level.
It is holding the higher levels but is still trading below the major resistance level of 19900.
On the daily charts, there are gap up and...
Nifty Intraday Prediction Levels for 13 Oct 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19825,19855,19900,19940,19965,20040,…
Major Supports-...
Nifty Intraday Prediction Levels for 12 Oct 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19820,19835,19842,19660,…
Major Supports-...
What a weekly expiry this has been?
Nifty on the weekly expiry remained a 50-60 points range and closed 19 points lower.
On the hourly charts, the market remained in the first hour candle and closed above both the moving averages.
Today expiry was for option seller and total time decay was the gain as there was no opportunity for the option buyer.
On 15...
Nifty Intraday Prediction Levels for 11 Oct 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19710,19724,19750,19790,19840,…
Major Supports-...
Nifty held on to the higher levels while banknifty gave away the points after a gap up opening.
It gained some points after a gap up opening and consolidated after the first hour move in a 50 points range whole day.
There is a bullish moving averages cross over, on the hourly charts, closing above both the moving averages.
On 15 minutes time frame, market took...
We may see a minor gap-up or flat opening in Nifty, let it sustain above 19720 to take the buy position.
Expectations: Range-bound Day
Intraday Levels:
Buy Above - 19720
Sell Below - 19680
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Nifty Intraday Prediction Levels for 10 Oct 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19478,19456,19425,19392,19363,19339,19250,…
Major...
Gift Nifty indicating a gap-up opening and we expect to see more upside in Nifty if sustains above 19600.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19600
Sell Below - 19560
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
NIFTY Intraday Trade Setup For 10 Oct 2023
Bullish-Above 19590
Invalid-Below 19540
T- 19693 19800
Bearish-Below 19480
Invalid-Above 19530
T-19368 19270
NIFTY has closed on a bearish note with 0.72% cut , it was contributed by the Mid East issue. In the weekend itself we expected a down move as per 0.382 in hourly TF 0.85% effect in 15 Min TF. 19500 was...
Nifty Intraday Prediction Levels for 9 Oct 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistance- 19693,19745,19790,…
Major Support-...
NIFTY Intraday Trade Setup For 09 Oct 2023
Bullish-Above 19680
Invalid-Below 19630
T- 19800 19901
Bearish-Below 19600
Invalid-Above 19650
T- 19500 19420
NIFTY has closed on a an absolute flat note this week, just like previous one. It has formed a pinbar candle in weekly TF indicating a bullish momentum. For me this will be confirmed when we get a Bullish price...
NIFTY Intraday Trade Setup For 09 Oct 2023
Bullish-Above 19680
Invalid-Below 19630
T- 19800 19901
Bearish-Below 19600
Invalid-Above 19650
T- 19500 19420
NIFTY has closed on a an absolute flat note this week, just like previous one. It has formed a pinbar candle in weekly TF indicating a bullish momentum. For me this will be confirmed when we get a Bullish price...
Today RBI Policy at 10:00 am, high volatility can be seen. Nifty looks stronger once sustain above 19580 for the upper targets marked on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19580
Sell Below - 19490
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
NIFTY Intraday Trade Setup For 06 Oct 2023
Bullish-Above 19580
Invalid-Below 19530
T- 19685 19800
Bearish-Below 19515
Invalid-Above 19565
T- 19427 19335
NIFTY has closed on a positive note with 0.56% gain today although it is contributed by gap up. It opened with a big gap up and just went in range of 90 points for the whole day. As per trade setup 10 o'clock...
