Good morning, friends! 🌺🍬 Here are the directions for June 20th: There are no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open neutral to slightly gap-up, as indicated by GiftNifty, which shows an increase of 10 points (at 8:00 AM). Nifty Analysis Nifty and Bank Nifty structures...
Good morning, friends! 🌺🍬 Here are the directions for June 19th: There are no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open with a gap-up start, as indicated by GiftNifty, which shows an increase of 70 points (at 8:00 AM). Nifty has been maintaining consolidation even if it...
As we discussed, NIFTY traded in a sideways roller coaster with huge volatility inside the provided channel. If we look at the chart now: The market is trading indecisive in a bullish zone. By the time it's in the channel, it's going to be a roller coaster. If the market breaks the channel to the downside, it may lead to a good fall till 200 EMA . Inside...
Closing below 23577 in hourly could be bearish 📉 📉 to 23313 ( It could move upward to HUNT STOP LOSS 23616 ) Any Hourly closing above 23577 -- 23616 is bullish ( chances are low for today ) Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Nifty made a new All Time High of 23,579.05 on Tuesday. The weekly trend (50 SMA) is positive, and the daily trend is sideways. Intraday Support Levels: Near Support/Demand Zone (15m): 23,444 - 23,473 Near Support/Demand Zone (15m): 23,334 - 23,369 Far Support/Demand Zone (15m): 23,297 - 23,329 Currently, there are no visible supply/resistance zones on the chart.
Nifty continued its upward journey and made a new All-Time High of 23,664 on Wednesday but closed negative at 23,516. The weekly trend (50 SMA) is positive, and the daily trend is still sideways. Support Levels: Near Support/Demand Zone (15m): 23,412 - 23,470 Further Down Support/Demand Zone (15m): 23,334 - 23,369 Far Support/Demand Zone (15m): 23,232 - 23,268 ...
Nifty 50 Analysis 📊 -Trend: Upward with higher highs and lows -Support: Rising trendline around 23,533 -Resistance: 23,580.95 -MACD: Bearish crossover, but weakening momentum Break above 23,580.95 for bullish continuation #Nifty50 #StockMarket #Trading #TechnicalAnalysis
NIFTY Intraday Trade Setup For 19 Jun 2024 Bullish-Above 23600 Invalid-Below 23550 T- 23770 Bearish-Below 23490 Invalid-Above 23540 T- 23265 NIFTY has closed on a good positive note with 0.39% gain. After many days index broke 23500 and held that. But I said that I am expecting a good upside move with good momentum, it settled at higher price but momentum did...
As we discussed, NIFTY traded in a sideways-bullish zone on the upside with huge volatility in the short range. If we look at the chart now: The market is trading indecisive in a bullish zone. That may lead to a short correction in the market. The market is not going to be bearish unless EMA(13, 50) successfully crossovers. Right now, the market is very...
Closing below 23537 in any hourly candle could be bearish 📉 📉 to 23290 As below levels are still pending to test If sustains above 23537 in multiple hourly 🕯 then it could move upwards to above price marked Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Good morning, friends! 🌺🍬 Here are the directions for June 18th: There are still no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open with a gap-up start, as indicated by GiftNifty, which shows an increase of 110 points (at 8:00 AM). Nifty and Bank Nifty have structures of...
Nifty made a new All-Time High of 23,490.40 on Friday. The weekly trend (50 SMA) remains positive, while the daily trend is sideways. Support Levels: Near Support/Demand Zone (15m): 23,334 - 23,368 Far Support/Demand Zone (15m): 23,297 - 23,329 Far Support/Demand Zone (15m): 23,232 - 23,268 Currently, there's no supply/resistance zone seen on the chart.
NIFTY Intraday Trade Setup For 18 Jun 2024 Bullish-Above 23500 Invalid-Below 23450 T- 23725 Bearish-Below 23330 Invalid-Above 23380 T- 23120 NIFTY has closed on a slight positive note with 0.45% gain last week. It was totally sideways as whole week's range was less than 300 points. It has formed a Pinbar candle in daily TF on Friday which indicates a bullish...
As we discussed in the morning, NIFTY traded in a sideways-bullish zone. If we look at the chart now: The market is trading in a Bullish sideways uptrending channel. The market is continuously taking support at 50 EMA. Until Marklet is inside the channel, it's going to be sideways. The market is in the middle of the channel, which might also act as good...
As we discussed yesterday, Nifty spent on an up-trending channel and ended sideways. If we look at the chart now: The market is in the channel right now. If it breaks down to the downside, it will give a nice bearish momentum. Support levels: 23303, 23233, and 23152 resistance levels: 23439, 23481 I am expecting the market: Case 1: Sideways in...
Good morning, friends! 🌺🍬 Here are the directions for June 14th: There are still no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open with a neutral start, as indicated by GiftNifty, which shows an increase of 6 points (at 8.00 AM). Both Nifty and Bank Nifty still have the same...
Nifty broke the intraday supply zone (15m) yesterday, making a new all-time high of 23,480.95, marking the Open=High for the day. The weekly trend (50 SMA) remains positive, while the daily trend is sideways. Support Levels: Near Support/Demand Zone (15m): 23,232 - 23,268 Far Support/Demand Zone (15m): 23,037 - 23,078 Far Support/Demand Zone (125m): 22,642 -...
NIFTY Intraday Trade Setup For 14 Jun 2024 Bullish-Above 23500 Invalid-Below 23450 T- 23665 Bearish-Below 23350 Invalid-Above 23400 T- 23075 NIFTY has closed with a gain of 0.33% gain today. It was another sideways market, being 4th consecutive day. It is currently sideways in the plotted channel. Breakout of this is needed for a good momentum either side. We...