Get started

Niftyintradaysetup

Morning Mantra - 27th June 2023Dear All, Just as we had stated yesterday itself, about receiving a signal from Nifty, via the formation of a Dark Cloud Cover on its weekly chart. Likewise, we did observe a selling pressure in the Market till the second half. Although in the later half, we did also witness some recovery in Nifty. Consequently, we can now observe the formation of a Cross Doji pattern on the Day chart of Nifty. Which is somehow indicating the probability of witnessing a reversal Today. Indeed we can once again become optimistic regarding this Reversal, as it might take Nifty to its new high . However, as stated yesterday as well, this week will somehow be very crucial for the Market, as we have only 3 more trading days to go in this week. Last but not the least, with the stop loss of 18400 on closing basis, we are still bullish on Nifty. Where in the meanwhile, be stock specific and keep Rebalancing the Portfolio. Regards, Alok Daiya SEBI Registered Research Analyst
NSE:NIFTYLong
by alokdaiya
#nifty"Good morning! As of June 27th, The global market is showing a neutral to a slightly positive start with a moderately bearish market sentiment. There is a possibility of a slight gap-up opening. If the market experiences a pullback afterward, we can expect a minor pullback to reach the immediate resistance zone. If the market turns around there, we can anticipate a correction. Alternatively, if it breaks, we can expect a pullback continuation. On the other hand, if the initial market decline is sharp, the correction will likely continue with minor pullbacks."
NSE:NIFTY
by Manickamtraders
#nifty"Good morning! As of June 26th, the same sentiment continues; there is no significant difference compared to the last session. The global market is showing a neutral to slightly positive start with a moderately bearish market sentiment. There is a possibility of a slight gap-up opening. If the market experiences a pullback afterward, we can expect a minor pullback to reach the immediate resistance zone. If the market turns around there, we can anticipate a correction. Alternatively, if it breaks, we can expect a pullback continuation. On the other hand, if the initial market decline is sharp, the correction will likely continue with minor pullbacks."
NSE:NIFTY
by Manickamtraders
Nifty - Prediction & Intraday Levels for - 26 Jun 2023Nifty Prediction for Tomorrow: BULLISH Reversal Nifty likely to open Small gap down, then further Bearish move will continue until it test 18550. At this 18550 demand zone we might see some good reversal towards 19000 Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NSE:NIFTYLong
by ViVenTraders
#Nifty"Good morning! As of June 23rd, there is no significant difference compared to the last session. The global market is showing a neutral to slightly negative start with moderately bullish market sentiment. There is a possibility of a slight gap-down opening. If the market experiences a pullback afterward, we can expect a minor pullback reaching anywhere between 38% to 61%. If the market turns around at 61% or 78%, we can anticipate a correction. Alternatively, if the initial market decline is sharp, the correction will likely continue. For pullback confirmation, consider using EMA20 and the 38% Fibonacci level, as both will indicate a conservative reversal."
NSE:NIFTY
by Manickamtraders
Nifty daily analysis for 21/06/23.Nifty has given a nice move and closed above 18800 level. A good dragon fly doji has been given on the daily time frame. Market has been holding on the higher levels and trading above both the moving averages. Today, market tested the previous day low and bounced from the levels. On the hourly charts, the market has closed above both the moving averages. Moving averages, on 15 minutes, converged in the first half and diverged in the second half. Support :- 18770, 18670 Resistance :- 18890(ATH) Market after flat opening gave a nice downside move and in the second half gave a good up move. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade