Nifty made a ATH at 21492 on Friday and today we saw some selling from higher levels. We have taken STBT position in Nifty and will looking for a sell opportunity in Nifty if it opens flat or small gap-up tomorrow. We expect to see lower levels around 21340 once Nifty sustains below 21420. Expectations: Volatile Day Intraday Levels: Buy Above - Not looking for...
The FASP for Nifty is listed for 19-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Nifty important levels to watch are as follows #Support: 21360 Sell below: 21360 only on 15 minute candle closure below the level. Target 1: 21280 Target 2: 21150 #Resistance: 21455 Buy Above: 21455 only on 15 minute candle closure Above the level. Target 1: 21500 Target 2: 21570 Target 2: 21700 => # Remember each level will act as a support and...
NIFTY Intraday Trade Setup For 20 Dec 2023 Bullish-Above 21510 Invalid-Below 21460 T- 21625 21750 Bearish-Below 21380 Invalid-Above 21430 T- 21230 21100 NIFTY has closed on a slight bullish note with 0.16% gain today. Se triggered as per trade setup but was parabolic also it formed a morning star structure just at breakout and reversed which hit sl in short. It...
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...
"Good morning, friends. Directions for December 19th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a bullish trend. It might open with a neutral start based on Giftnifty, which shows +3. The previous sentiment has not changed. Structurally, the market is moving in consolidation (range market), so we...
Attached is the Nifty chart showcasing key support and resistance levels alongside the CPR for both daily and weekly timeframes. Support and Resistance Levels: The chart highlights significant support around the 21308 mark and notable resistance at 21515 and 21604. These levels have demonstrated consistent importance in recent sessions. CPR: Daily and weekly CPR...
As we discussed yesterday, Nifty moved sideways. It gets rejected from the 21500. OI shows its preparation for the bearish move, as we can also see on the chart. I am expecting it to touch again, make the double top, and then come down. Reasons : OI has PCR 0.96, which is bullish. But there is a huge CE writing on 21400, 21450, and 21500, which shows that a...
NIFTY Intraday Trade Setup For 19 Dec 2023 Bullish-Above 21500 Invalid-Below 21450 T- 21625 21750 Bearish-Below 21360 Invalid-Above 21410 T- 21230 21100 NIFTY has closed on a slight bearish note with 0.18% cut today. It has formed an inside candle in daily charts. Inside candle is nothing but compression and in intraday we noticed how compression/sideways it...
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 important levels to watch are as follows #Support: 21360 Sell below: 21360 only on 15 minute candle closure below the level. Target 1: 21280 Target 2: 21150 #Resistance: 21490 Buy Above: 21490 only on 15 minute candle closure Above the level. Target 1: 21570 Target 2: 21700 => # Remember each level will act as a support and resistance individually...
NIFTY Intraday Trade Setup For 18 Dec 2023 Bullish-Above 21500 Invalid-Below 21450 T- 21650 21825 Bearish-Below 21320 Invalid-Above 21370 T- 21169 21028 NIFTY has closed on a bold bullish note with 2.32% gain last week. Index seems non-stop at least till 22000 mark. Outlook will be simply buy on dips till 22k. No point in in looking for sell positionally. Best...
As we have been discussing, Nifty has bullishness, but as we see the last day, 15 minutes, it has given a selling candle with high volume pressure. It might take a little rest and sideways consolidation. But OI data still shows bullishness with PCR 1.45. we can expect a more bullish move on nifty. Reason: PCR 1.45 (very Bullish) RSI 75 shows a very...
hi guys, Lets wait for a breif movement for breakout on upside or on down side based on the levels ,and we can see all the inside candles in the big red bar which is a harami and guys this a 1hr time frame so patience is the key and mostly avoid to take trade in first 1hr candle of market opening . disclaimer- this is not any investment call or idea , this...
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...
INFOSYS has shown some sort of demand on 1hr timeframe right at the lower trendline which has been forming since 6+ months. One can make long position in the same with a target of the upper band of trendline. Stop Loss: SL has to be below 1,325 Entry: Entries can be made after formation of a strong candle on hourly timeframe which is also backed by strong...
"Good morning, friends. Directions for December 15th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a bullish trend. It might open with a gap-up start based on Giftnifty, which shows 70+. The market is making a new high every day, so whether it opens with a gap-up start or a neutral start is not...
NSE:NIFTY Time Frame: 15Mint ABOVE 21200 Possible Rise Till 21280+, 21300+, 21400++ BELOW 21160 Possible Fall Till 21120+, 21060+, 21020++ Strong Support Of 50DAY EMA. PLEASE DO FOLLOW IF YOU LIKE OUR ANALYSIS.