Please find below simple resistance and support: Resistance: 21983 If crossed up then will see upward move as follows: T1: 22059 T2: 22123 Support: 21867 If crossed down then will see downward move as follows: T1: 21801 T2: 21737 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO...
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...
Today Nifty opened with a gap up around 21830 and after consolidating it gave a breakout above 21850 which was also out buy level and Nifty gave a rally towards 21950. Yesterday we also posted an idea about a Fall around 10:00 am and we saw 70 - 75 points sharp decline from 21850 levels. For tomorrow, if Nifty sustains above 22000, we expect to see 22040 and...
Nifty 21950 act as OB we can see upside movment from this level Note - Only for education purpose
"Good morning, friends! Here are the directions for February 7th: The global market sentiment is moderately bullish, 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 a +110. Nifty has a pullback structure as expected from the last session. So, there...
Good Morning all, Today, I marked my support and resistance levels in NIFTY in 15 min timeframe. Hope this is helpful for you, Please like and follow.
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! Here are the directions for February 6th: The global market sentiment is moderately bullish, supported by the Dow Jones, while our local market sentiment shows a moderately bearish trend. It might open with a neutral to a slightly gap-up start, as indicated by Giftnifty showing a +20. Nifty has had a reddish sentiment in the past two...
Today, I marked my support and resistance levels in NIFTY Chart. Yesterday also, marked moved within my support and resistance levels. Check out my yesterday's level you will get to know. I'm expecting a fall today. Let's see If it's useful, please like and follow
Today Nifty opened with a gap up around 21920 and after consolidating at upper levels around 21960, we saw sharp selloff for 225+ points. For tomorrow, if Nifty sustains above 21850, we expect to see 21890 and upper marked levels. On the other side, if Nifty breaks 21720 on the downside, we may see 21680 and below marked levels on the chart. Expectations:...
NIFTY Intraday Trade Setup For 06 Feb 2024 Bullish-Above 21970 Invalid-Below 21920 T- 22150 Bearish- Below 21720 Invalid-Above 21770 T- 21525 21315 NIFTY has closed on a bearish note with 0.38% cut today. In the we discussed in detail that index formed a bearish reversal candle at an important resistance level in daily TF. Below 21800 our short trade is...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: ”The buildup from 24th Jan to today is a Double bottom (W) pattern and a small bullish trendline. All of which leads to confusion on what gets the highest priority. We would like to continue with the neutral stance for Monday with a slight advantage to the bullish side.” 4mts chart The 21913 support and...
As we discussed yesterday, NIFTY made a bearish movement after 2 pm with a nice volume. If we look at the chart data: Price has broken the pattern to the downside, now trading at 200 EMA. RSI has already gone below 40. Price is trading below EMA(13,50). Today, the selling volume was quite high. If we look at the OI data: PCR = 0.72,...
Please find below simple resistance and support: Resistance: 21818 If crossed up then will see upward move as follows: Target 1 : 21987 Target 2 : 22054 Support: 21725 If crossed down then will see downward move as follows: T1: 21719 T2: 21652 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED...
As I said, in my last analysis, nifty might be looking to reach into the monthly fair value gap at 21137.20, which means we can still see more bearish action from nifty in the coming days. In case we might not fill the value gap this month, on the short term, we still have a one hour discount at 21589.35. So for tomorrow nifty might move a little bit up to fill...
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...
Today, I marked my support and resistance levels in NIFTY. I'll be trading based on these levels. I'm planning to publish post-market chart as well. Kindly check that as well. If you think it's useful, please like and follow
Trade plan for tomorrow: If there's a gap down tomorrow or it breaks Friday's low of 21800, then the next targets would be 21650 and 21450. If it opens with a gap up or opens flat, then it might move within Friday's range only.