Hello Traders, Please find here, Bank Nifty Levels for 30th January 2024, these levels will be very useful for tomorrow trade plan. Thankyou, TFW
NIFTY Intraday Trade Setup For 30 Jan 2024 Bullish-Above 21770 Invalid-Above 21720 T- 21910 22058 Bearish-Below 21550 Invalid-Above 21600 T- 21335 NIFTY has closed on a bold bullish note with 1.8% gain today. It was backed mainly by Reliance which closed at ATH. It opened slight gap up and buy triggered as per trade setup. 10 o'clock range broke upside above...
nifty levels for tomorrow morning use only if market open flat if market open big gap up and gap down draw new fresh levels
The last fall came from 21750-800, with a bearish candle in the daily timeframe and the high at 21750. If it breaks this level tomorrow, then 21850 becomes an important resistance. If we get a good close above 21800 tomorrow, then it will resume its uptrend. If it falls after a gap up or gap down happens, then the range could be 21600-750 for tomorrow. Levels are...
Nifty has a solid pullback structure. So, if the market opens with a gap-up, then we can expect further rally continuation. After that, if the rally rejects around the supply zone or 21917, then the following correction may take a 23 to 38% Fibonacci correction. Structurally, it might be in the 4th phase, so after that, if it takes support around there, then we...
Nifty is looking strong on the weekly charts and the recovery on the last trading session is looking positive too. It has closed around 38.2% fib level. If the market gap up there are chance of a W pattern above 21480, it can test 21550 levels. Wait for a hourly candle close above or below the levels. As good intraday targets can be achieved in the...
As we discussed Nifty yesterday, "Sideways in range bullish after a breakout." nifty gave a breakout in the morning and gave a bull momentum. Chart data: The Market has been range-bound in 21500-21750 for quite some time. It has struck the upper range six times now, which makes it easier to break this time. OI data: OI data PCR = 1.10 indicates...
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 Intraday Trade Setup For 29 Jan 2024 Bullish-Above 21410 Invalid-Below 21360 T- 21627 21855 Bearish-Below 21240 Invalid-Above 21290 T- 20975 20769 NIFTY has closed on a slight bearish note last week with 1% cut. Since the update of NIFTY making a short term top @ 22124 on 18 Jan , it is in correction mode. Only Event is Union Budget which can terminate...
As we have discussed, NIFTY has been in a bearish structure for the past week. NIFTY ended sideways in the last session, as discussed in our analysis. Now, if we look at the data on the chart, 21222 is hard SUPPORT, and 21450 is RESISTANCE. Along with it, it's making a falling wedge Pattern, which is a bullish pattern. If it breaks to the upside, the only...
These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking...
Technical Observations: Moving Averages: The Nifty index is currently trading below both the 30 SMA and 50 SMA on the 75-minute chart. This indicates a significant weakness in the market, as the shorter-term (30 SMA) and intermediate-term (50 SMA) trends are both bearish. Key Support Level: The market is currently trading below a crucial support level of...
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...
Gift Nifty indicating a gap-up opening with 70 - 80 points, however, as per our time based research, we are looking for some fall in Nifty between 9:15 to 9:45 but don't hold for big targets like yesterday. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
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...