Today Nifty opened with a gap down around 21200 and after forming a low at 21137 Nifty gave more than 300 points recovery from lower levels and closed near day high.
For Tomorrow, 25th Jan if Nifty sustains above 21525, we expect more upside towards 21570 and upper marked levels. On the other side, Nifty has to break 21370 for more downside towards 21320 and...
Nifty on weekly and daily time frame has formed a engulfing candle and chance are there of market going down if it breaks below 21500 level for intraday.
It has been taking support from the daily 20 moving average and rejection from 50% fibonacci level.
If market tries to move up side it will hit the resistance levels of 21800. In case the level is crossed and...
NIFTY Intraday Trade Setup For 25 Jan 2024
Bullish-Above 21490
Invalid-Above 21440
T- 21685 21930
Bearish-Below 21210
Invalid-Above 21260
T- 20975 20765
NIFTY has closed on a bullish note with 1% gain today. Yesterday in the trade setup we discussed in detail that there is a possibility of a up move or a pullback of the impulsive down move. Idea came into...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
According to our past discussion, NIFTY had a bearish nature for a couple of days. It had a nice fall today. If we look at the chart, it has broken the HNS Neck to the downside with huge volume pressure. The market might continue to be bearish in the coming days.
If we look at chart 21025, the next support point can be set as target 1 and 20791 as target 2...
Nifty Analysis - Stance Bearish ⬇️
Recap from yesterday: “Nifty was unable to get into the ascending channel despite results from RELIANCE and major banks. We suspect some weakness is haunting N50. It could completely be news/event-driven or related to the build-up for the budget session. The selling figures from the institutions may be because of this. From a...
#Nifty
"Nifty had a sharp correction. structurally, it might be in a 'C' or '3rd' wave. So, if the market opens with a gap-down, then the correction will likely continue. After the correction, if the market takes support around 21,159 or the Demand zone, we can expect a minimum of a 23% to 38% pullback wave. However, if it doesn't take support, then we can expect...
NIFTY Intraday Trade Setup For 24 Jan 2024
Sell_1- From 21550
Invalid-Above 21600
T- 21375 21200
Sell_2- Below 21190
Invalid-Above 21240
T- 20975 20765
NIFTY has closed on a complete bearish note with 1.54% cut today. Yesterday only we discussed that index has changed its trend to bearish and a short term top has been formed @ 22124. Market opened with a decent...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
#Nifty
Good morning, friends. Directions for December 20th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a moderately bullish trend. It might open with a gap-up start based on Giftnifty, which shows +150.
Nifty hasn't formed a proper structure, so if the market breaks the previous high, then we can...
NIFTY Intraday Trade Setup For 23 Jan 2024
Bullish-Above 21730
Invalid-Below 21680
T- 21930 22125
Bearish-Below 21540
Invalid-Above 21590
T- 21345 21095
NIFTY has closed on a bearish note last week with 1.47% cut last week. It has engulfed last two weeks gain entirely, also an sustained exhaustion gap day was observed on 17 Jan 2024. This looks like a short...
Today Nifty opened with a gap up around 21700 and after forming a high at 21720 which was also a resistance zone Nifty kept falling and made lower lows entire day. We traded Nifty Puts in early morning and around 1:35 and booked great profit today.
For Tuesday, 23rd Jan if Nifty sustains below 21540, we expect to down move towards 21510 and below marked levels....
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
NSE is running special trading sessions to test the disaster management platform. There is no compulsion to participate in the trading for today. But if you wish to, here is the analysis that you can follow.
Nifty Broke went to the downside but quickly recovered and came back inside the descending triangle pattern (Trend continuation pattern). Yesterday, It felt...
Today Nifty opened with a gap up around 21600 and after forming a high at 21670 it remained in a range 21640 - 21575 for the whole day.
For tomorrow, buy only if Nifty sustains above 21725, expecting an up move towards 21770 and above marked levels. On the down side, Nifty has to break 21550 for further downside towards 21510 and below marked...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
As we discussed NIFTY yesterday, it opened a gap down, and then buyers showed a nice momentum to the upside but sadly could not hold it. Support became the resistance and resulted in a sideways.
If we look at charts now, 21380 provided massive support in that region. so now the market has created a range in 21380-21500. A break in the range will decide the next...
