Good morning, friends! 🌺🍬 Here are the directions for May 27th: The global market is maintaining a bearish sentiment based on the Dow Jones, while our local market suggests a bullish trend. We might see a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 10 points. First, let's look at the bias: > Whenever consolidation...
Nifty opened inline and traded in a short range, this came as a pause after the range expansion that came on 23rd. Since there are no resistance levels as we are at ATH, no one could guess with accuracy what will be the top. Our stance remains bullish and will go neutral only if 22779 is broken.
NIFTY Intraday Trade Setup For 27 May 2024 Bullish-Above 23040 Invalid-Below 22990 T- 23210 Bearish-Below 22900 Invalid-Above 22950 T- 22745 NIFTY has closed on a strong bullish sentiment with 2% gain last week. Index broke the weekly range of 22800 and 21800 in the upside. On 23 May EOD we discussed that index target can be set to 23850 zone as per FIB...
NSE:NIFTY 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade...
Expect NIFTY to test 25,000 levels in coming few weeks . NIFTY on weekly gave a rising wedge upside breakout which is a low probability event . Low probability events lead to trapped buyers/sellers on both sides. Price usually reached the approximate height of the pattern where both will enter/exit new positions. Cheers @piyushrawtani
Support : 22908 SL : 35 Points Target : 120 Points
still market manipulating people on going uptrend be careful market can turn any moment dont fall on fake sideways showing as uptrend still now its under channel sideways its not uptrend hope u be on safe trade happy trading
Good morning, friends! 🌺🍬 Here are the directions for May 24th: The global market is showing a bearish sentiment based on the Dow Jones, while our local market suggests a super bullish trend. We might see a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 80 points. Nifty has broken its all-time high with a solid...
Nifty Analysis - Stance Bullish ⬆️ Nifty had an impressive 417pts ~ 1.85% intraday rally, although the bullishness was predicted - I was quite surprised that we had such momentum today, and that too before election results. But if you look at the data objectively, what we had today was quite reasonable. After all, we were breaking out from the all-time highs and...
NIFTY Intraday Trade Setup For 24 May 2024 Bullish-Above 23000 Invalid-Below 22950 T- 22210 Bearish-Below 22790 Invalid-Above 22840 T- 22575 NIFTY has closed a record high with 1.64% gain today. Index has given a strong breakout of the weekly Range. FIIs have also turned buyer today after a long time. Chances of a 90 degree angle move is high followed by a...
If this hourly candle rejects from 22723 or next hourly closing below 22702 then 📉 📉 could test below levels marked on the chart If any closing sustains above 22702 in hourly then bullish 📈 📈 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Reliance and Infy were the major contributors to Nifty's GREEN show today. This happened at a time when the Banks were taking a huge beating. Finally, it came out good for the bulls as the 22519 resistance is now broken safely. The next target is the ATH and then I am not quite sure how much more we can go from there. Lok Sabha election results are coming up in 2...
Good morning, friends! 🌺🍬 Here are the directions for May 22nd: The global market is still maintaining a bullish sentiment based on the Dow Jones, while our local market sentiment suggests a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +30 points. Nifty closed neutral with...
Stance is still bullish, but the steam is just not there. Thought we would close above 22519 and pave the way for further bullishness. The first 4 candles were in green today, infact the 12.24 candle closed almost above the 22519 resistance level, but we were unable to hold the ground. For 22nd, we continue to be bullish, but a bit watchful. If we are not...
As we discussed, Nifty ended sideways today. If we look at the chart now: The market is trading at the higher side of the channel. Right now, the market is in a mini-channel. If it breaks to the downside, it can result in bearishness in the market to 200 EMA levels. NIFTY seems more bullish than Banknifty, where Banknifty is preparing for a bearish...
Nifty is trading in strong resistance zone. Sell Nifty @ 22550 - 22580 for 22500 and lower marked levels on the chart until 22630 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
22478 below hourly closing could be bearish to 📉 📉 22391 and 22235 If closing above 22478 then 📈 📈 22518 and beyond ( will update upside level if it breach 22518 ) Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Good morning, friends! 🌺🍬 Here are the directions for May 21st: The global market is indicating a bullish sentiment based on the Dow Jones, while our local market sentiment also suggests a bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing an increase of +60 points. Nifty has a minor consolidation structure after the sharp...