#NiftyGood morning! As of May 22nd, the global market has shown a negative start with a moderately bearish market nature. There may be a gap-down at the beginning. After that, if it sustains, we can anticipate a range-bound market or a continuation of the correction. On the other hand, if the market sharply pulls back at the start, we can expect a continuation of the rally with minor consolidation.
Niftyintradaysetup
FASP levels for Nifty 22/05/2023The FASP for Nifty is listed for 22-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
nifty 19th may W-pattern and failing wedgeNifty is in failing wedge pattern if it sustains above 18210 then possibly it can reach 18414 level and there is another indication of W pattern or double bottom forming if it breaks the same level(18210) then it can reach 18418 level easily. From the Feb speed resistance fan it is taking support at 0.382 level(18110) and if it breaks then 18004 is the next support(0.5 level) and if it takes supports at 18110 level then possibly it can reach 18417 level.
I would suggest being neutral and go with the market direction accordingly.
Buy above 18213(18150 CE) Target 18256, 18304, 18343
Sell below 18106 (18150 PE) Target 18054, 18005, 17942
#NIFTY Intraday Support and Resistance Levels - 19/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18200 level and then possible upside rally up to 18330 in today's session. in case nifty trades below 18160 level then the downside target can go up to the 18050 level.
#NiftyGood morning! As of May 19th, the global market has shown a positive start with a moderately bearish market nature. There may be a gap-up at the beginning. After that, if it sustains, we can expect a pullback continuation. If it rejects in the immediate key zone, we can anticipate a range market or a correction. On the other hand, if the market declines sharply at the start, that's a sign of a correction continuation.
nifty 18th may (Cup pattern)Nifty is forming a cup pattern. if it breaks the level then the possibility of going up to 18343 is possible on the upside. on the downside it can take resistance at 18000 level.
Buy above 18213(18150 CE) Target 18256,18304,18343
Sell below 18106 (18150 PE) Target 18054,18002,17942
#NIFTY Intraday Support and Resistance Levels - 18/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18230 level and then possible upside rally up to 18380 in today's session. in case nifty trades below 18180 level then the downside target can go up to the 18070 level.
#NiftyGood morning! As of May 18th, the global market has shown a positive start with a bearish market nature. There may be a gap-up at the beginning, and there is a possibility of a sub-wave 4th. So, if it sustains, we can expect a minor three-wave structure. After that, if it rejects in the key zone, we can expect the 5th wave on the downside. However, the minor pullback shouldn't break the fib level of 78%. On the other hand, if the market declines sharply at the start, we can expect a 5th correctional wave.
FASP levels for Nifty 18/05/2023The FASP for Nifty is listed for 18-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#NIFTY Intraday Support and Resistance Levels - 17/05/2023Nifty will be FLAT opening in today's session. After opening nifty Start trading below 18290 level and then possible downside rally up to 18250 in today's session. in case nifty trades above 18290 level then the upside target can go up to the 18410 level.
#NiftyGood morning! As of May 17th, the global market has shown a neutral to slightly negative start with a bearish market nature. There may be a gap-down at the beginning, and there is a possibility of sub-wave three. If it sustains, we can expect a continuation of the correction with minor consolidation. On the other hand, if the market declines sharply at the start, we can expect a range market.
FASP levels for Nifty 17/05/2023The FASP for Nifty is listed for 17-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Nifty Trade Plan for 17-05-2023-If nifty opens in the marked range then wait unless price test the marked levels
-Trading at random place will only damage capital
-if open gap down, then wait for green line reaction on the price, if price sustain below it then look for sell on rise
or
If price recovers and sustain above it then buy on dip
- If gap up then red zone is the resistance area, price can face
-If price sustain above resistance area then look for buy on dip upto previous day's high as first target
#Nifty"Good morning! As of May 16th, today's sentiment remains the same with no significant difference compared to the last trading session. However, the global market has shown a positive start with a moderately bullish nature. There may be a gap-up at the beginning, and if it sustains, we can expect a continuation of the rally with minor consolidation, but it should break the immediate resistance level. On the other hand, if the market declines sharply at the start, we can expect a correction. If you want confirmation, you can use EMA20 and fib. If the market breaks EMA20 and the fib level of 38%, that's a sign of a trend reversal."
FASP levels for Nifty 16/05/2023The FASP for Nifty is listed for 16-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NIFTY 16th May 2023Buy above 18386 (18300 CE) Target 18431,18458,18496
Sell below 18280 (18300 PE) Target 18194, 18161, 18099,18045
Nifty break the range and made 150+ points today. Am expecting nifty to be bullish and will take resistance at 18490 level. Tomorrow it may be the range bound as it's finnifty expiry as well.
#Nifty"Good morning! As of May 15th, there is no significant difference compared to the last trading session. The global market has shown a negative start with a moderately bullish nature. It may begin with a gap-down, and if the gap-down sustains, we can expect a correction with minor consolidation. On the other hand, if the market sharply pulls back at the start or rejects the immediate support zone, that's a sign of a range market and a pullback continuation."
FASP levels for Nifty 15/05/2023The FASP for Nifty is listed for 15-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
nifty 12th may 2023nifty is in consolidation of 120 points unless it breaks above or below we will not see good move.
Buy above 18344 (18300 CE) Target 18397,18429
Sell below 18220 (18250 PE) Target 18161, 18099,18002,17963
Risk takers only
sell below 18283(183050 PE) first target 18220
buy above 18303 (18250 CE) first target 18344