"Good morning, friends! As of September 26th, global market sentiment is slightly negative, primarily due to the performance of the Dow Jones. Our market trend is moderately bullish, but there is some structural bending in the 'C' pullback wave. So, if it opens gap-down, yesterday's range will act as a range-bound boundary. On the other hand, if it breaks either...
Nifty will be gap down opening in today's session. After opening nifty start trading below 19650 level and then possible downside rally up to 19530 in today's session. in case nifty trades above 18700 level then the updownside target can go up to the 19820 level.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19730
Sell Below - 19620
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
A rounding bottom pattern gets activated if we can get a daily close above 20000 in NSE:NIFTY .
Initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish rounding bottom Chart Pattern
Technical Indicator :- Positive MACD Crossover
NIFTY Intraday Trade Setup For 26 Sep 2023
Bullish-Above 19735
Invalid-Below 19685
T- 19840 19920
Bearish-Below 19600
Invalid-Above 19650
T- 19510 19420
NIFTY has closed on a an absolute flat note today. In the weekend it was explained that index will give a pullback/bounce from 0.618 and 50 EMA in daily TF which is placed near 19550-600 zone. It exactly...
The plotted levels on the chart should be considered only when NIFTY opens flat on 26-09-2023.
If NIFTY opens GAP-UP (Open > Previous High) or GAP-DOWN (Open > Previous Low) on 26-09-2023 then the following calculations must be considered:
Level 1 = OPEN PRICE (25-SEP) - 36.45
Level 2 = OPEN PRICE (25-SEP) - 81.15
Level 3 = OPEN PRICE (25-SEP) - 27
Level 4 =...
Nifty Spot : 19674.6. Watch Option Strike : 19700 CE & 19700 PE
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break Even Point. Every Day..
3. Above The Break Even Point.. Resistance Break.....
Good Morning Traders,
Nifty is trading at crucial support zone 19720-19620, if this levels get sustained then minor bounce back is possible. Well if nifty start trading above and sustained 19800 levels, then short covering is possible, as highest call writing seen at 19800 levels. Well guy's trade with carefully as market is highly volatile these days. Some...
The plotted levels on the chart should be considered only when NIFTY opens flat on 25-09-2023.
If NIFTY opens GAP-UP or GAP-DOWN on 25-09-2023 then the following calculations must be considered:
Level 1 = OPEN PRICE (25-SEP) - 48.60
Level 2 = OPEN PRICE (25-SEP) - 100.30
Level 3 = OPEN PRICE (25-SEP) - 29
Level 4 = OPEN PRICE (25-SEP) + 48.60
Level 5 = OPEN...
Nifty important levels to watch are as follows
#Support: 19660
Sell below: 19660 only on 15 minute candle closure below the level.
Target 1: 19590
Target 2: 19495 - 19500
#Resistance: 19720
Buy Above: 19720 only on 15 minute candle closure Above the level.
Target 1: 19780
Target 2: 19850
#Remember each level will act as a support and resistance...
Nifty Spot : 19674. Watch Option Strike : 19700 CE & 19700 PE
Watch Option Strike : 19800 CE & 19800 PE
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break...
Nifty will be gap up opening in today's session. After opening nifty sustain above 19700 level and then possible upside rally up to 19820 in today's session. in case nifty trades below 19650 level then the downside target can go up to the 19530 level.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19730
Sell Below - 19670
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Hi Peeps,
Sharing my positional analysis on Nifty. 20,222 is short term top & marks end of 5 wave up. We have now entered in correction mode & quite near to completion of A leg & henceforth , nifty will look to take support in the range 19,600 - 19,588. We, will look short term bounce in B ( typically 61.8% -50% of A) ; will update once A ends in thread. Late...
"Good evening, friends ! As of September 25th, global market sentiment is negative, primarily due to the performance of the Dow Jones. The market trend is bearish, and it may open with a slight gap-down. Additionally, there is a sub-wave 5 forming. If the initial market experiences a sharp pullback around the immediate support zone, then we can anticipate a...
NIFTY Intraday Trade Setup For 25 Sep 2023
Bullish-Above 19725
Invalid-Below 19675
T- 19810 19915
Bearish-Below 19650
Invalid-Above 19700
T- 19550 19445
NIFTY has closed on a full bearish note last week with 2.57% cut, wiped 50% gain of Sep month. For the next week 19550-19600 will act as support zone as 50 EMA and 0.618 both lies near that zone (Daily TF)....
NIFTY Intraday Trade Setup For 22 Sep 2023
Bullish-Above 19790
Invalid-Below 19740
T- 19915 20010
Bearish-Below 19700
Invalid-Above 19750
T- 19595 19490
NIFTY has closed on bearish note with 0.8% cut today. It opened with a slight gap down directly below our sell level. 10 o'clock range was to be used as per our trade setup. Range broke downside below 19763 and...
