Good morning, friends! Here are the directions for February 21st: The global market sentiment is still moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a bullish trend. It might open with a neutral to slightly gap-up start, as indicated by Giftnifty, showing a +20 point increase. Nifty has reached a new high, but the RSI...
NIFTY Intraday Trade Setup For 21 Feb 2024 Bullish-Above 22220 Invalid-Below 22170 T- 22415 22580 Bearish-Below 22040 Invalid-Above 22090 T- 21860 21650 NIFTY has closed on a bullish note with 0.34% gain today. As per trade setup it tested the buy level but almost at closing bell. It has closed at breakout level near 22200 tomorrow it should give a good...
As we have discussed, the nifty Bullish structure today has successfully broken and retraced to the upside. Now, if we look at the chart data: The market has given a successful breakout to the upside. The market is trading at ATH. The market has already retraced the breakout and has proven the bull's strength. Now, the market is ready to go up. If we look...
Good morning, friends! Here are the directions for February 20th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a moderately bullish trend. It might open with a neutral to slightly gap-down start, as indicated by Giftnifty, showing a -30 point decrease. Nifty has reached a new all-time...
NIFTY Intraday Trade Setup For 20 Feb 2024 Bullish-Above 22200 Invalid-Below 22150 T- 22450 22700+ Bearish-Below 22020 Invalid-Above 22070 T- 21830 21635 NIFTY has closed on a record high today with 0.37% gain today. It has formed a spinning candle in daily TF which indicates indecisiveness. It can trigger both sentiment, above 22200 we would this spinning...
"Good morning, friends! Here are the directions for February 19th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a moderately bullish trend. It might open with a gap-up start, as indicated by Giftnifty, showing +30 points. The Nifty last session closed positively with minor...
NIFTY Intraday Trade Setup For 19 Feb 2024 Bullish-Above 22080 Invalid-Above 22030 T- 22300 22520 Bearish-Below 21950 Invalid-Below 22000 T- 21735 NIFTY has closed on a slight bullish note last week and day with 1.19% and 0.59% gain respectively. It is at a striking distance to ATH and chances of a fresh bullish move above 22150 is high. 2nd leg shooting star...
Today Nifty opened above 22000 and after making a morning low around 21970, Nifty remained in range and made a high at 22068. For tomorrow, buy Nifty if sustains above 22070 for the targets of 22100 and upper marked levels. On the other side, if Nifty breaks 21960 on the downside, we may see 21920 and below marked levels on the chart. Also, if Nifty closes below...
- Nifty on a 1D TF is trading near a very crucial supply zone - Now the thing to notice would be how it reacts from this zone - I would insist everyone stay cautious and not fall in the trap of making something when the risk is too much - It can be very risky to initiate future longs here when you can see Nifty hovering near a supply - For longs risk here is...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “A gap-up is ideal as it will quickly tip the balance to the Bulls as short sellers will have to run for cover. We wish to change the status from neutral to bullish only if we get a 63mts candle above the 21913 resistance line.” 4mts chart We all knew it would be a gap-up today and see how the bears ran...
As we discussed NIFTY for today, it ended sideways. Now, if we look at the chart data: The market has already given a breakout as it expired today. It ended sideways to the upside while facing resistance at 21950. The market will be sideways in the range of 21800-21950. EMA has given bullish-crossover EMA(50,200). Which shows the market is in a good...
Sell Nifty @ 22050 - 22040 with the SL @ 22100 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
#Nifty Good morning! the market directions for February 16th. It seems like there is an overall positive sentiment in the global market, with support from the Dow Jones. Locally, the market sentiment is also moderately bullish, with a potential gap-up start indicated by Giftnifty showing +60 points. Regarding Nifty, it's mentioned that there has been a breakout...
Today Nifty opened with a gap up at 21923 which was the morning high and we saw sudden full just after open towards 21795 which we played through 22000 PE and booked good profit. For tomorrow, buy Nifty if sustains above 21960 for the targets of 22000 and upper marked levels. On the other side, if Nifty breaks 21800 on the downside, we may see 21760 and below...
NIFTY Intraday Trade Setup For 16 Feb 2024 Bullish-Above 21960 Invalid-Below 21910 T- 22190 22350 Bearish-Below 21780 Invalid-Above 21830 T- 21635 21490 NIFTY has closed with a slight gain of 0.32% gain today. It opened with a gap up and yesterday it was discussed that we may turn sideways and close flat in case of a gap up. So has happened today, it was almost...
Good morning, friends! Here are the directions for February 15th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a moderately bullish trend. It might open with a gap-up start, as indicated by Giftnifty showing +80 points. Nifty had a fantastic rally in the last session, so structurally it will...
I have been busy for the last two days. If you have been following my analysis, we marked a resistance and support line, which got a breakout yesterday, and after that, it gave a very nice bullish momentum. Now, if we look at the chart: The market is trading at the resistance zone right now after yesterday's good bullish momentum. Price has broken 200 EMA....
NIFTY Intraday Trade Setup For 15 Feb 2024 Bullish-Above 21880 Invalid-Below 21830 T- 22050 22190 Buy_2- From 21640 Invalid-Below 21590 T- 21850 NIFTY has closed on a bullish note with 0.45% gain today. It was bold bullish day as it opened with a big gap down and recovered to almost 0.5% gain from 1% down. 10 o'clock range broke upside above 21625 and gave a...