Nifty Intraday Prediction Levels for 6 Oct 2023Nifty Intraday Prediction Levels for 6 Oct 2023
The chart indicates 15 min time frame. These Levels are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Resistance- 19570
Support- 19523, 19500
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
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NIFTY TRADING 15MIN CHART - BAHAVAN CAPITAL -11.07.2022NIfty 15min Intraday Chart Levels
If 16283 is Broken then Resistance at 16400
If 16139 is Broken then Support at 16045
Now the Question is
05.07.2022 FII holding 1295.84 cr and DII sold 257.99 cr ( Volatility )
06.07.2022 FII sold 330.13 cr and DII holding 1464.33 cr ( Volatility )
07.07.2022 FII sold 925.22 cr and DII holding 980.59 cr ( Range Bound )
08.07.2022 FII sold 109.31 cr and DII holding 34.61 cr ( Range Bound )
FII selling had been considerable been reduced for last few days and DII holdings also been considerably been reduced. So what does it mean???
Two scenarios
1) FII participation may begin from next week onwards and DII might start booking profits can see volatility ahead.
2) FII not selling like before and continue to be like 6th,7th,8th of july and DII may not hold much end of the day... Where the market remains to be in Range Bound...
So if you have your opinions please do post... and lets see next week to get some idea where the market plans to move...