"Good morning, friends! As of November 23rd, there is no significant difference from the last session. The global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up or a neutral start, as the GiftNifty indicates a value of +10. After that, even if the market...
BANKNIFTY Intraday Trade Setup For 23 Nov 2023 Bullish-Above 43515 Invalid-Below 43405 T- 43778 44031 Bearish-Below 43230 Invalid-Above 43340 T- 42948 42665 BANKNIFTY has closed on a bearish note with 0.55% cut today. Sell triggered as per trade setup below 43580 and gave a fantastic move till 43231.We already discussed yesterday that below 43660 bears will...
NIFTY Intraday Trade Setup For 23 Nov 2023 Bullish-Above 19830 Invalid-Below 19780 T- 19925 20030 Bearish-Below 19700 Invalid-Above 19750 T- 19614 19540 NIFTY has closed almost on a flat note with 0.14% slight gain. It has formed a bullish Pinbar candle in daily TF. So above today's high it can give good bullish move. Next stop looks near 19925 above 19825....
Nifty Analysis Recap from yesterday: “One thing is for sure, we would need BankNifty to fire up and reverse course for any further bullish stunts by Nifty. There is no way Nifty can do it without the support from the Banks. I would prefer to maintain my neutral strategy till we take out the 19875 levels. On the downside, I would prefer to go short if 19562 is...
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! As of November 22nd, the global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up or a neutral start, as the GiftNifty indicates a value of +10. If the market breaks the immediate resistance, we can expect a pullback continuation. On...
As we discussed yesterday, NIFTY is neutral. It was range-bound sideways with high volatility candles. Nifty seems to be mildly bullish for tomorrow. All important levels have been marked on the chart. Reasons: RSI is 40-60 mostly sideways. 19825 will be a good resistance and and 19670 will be acting as good support. PCR = 0.89 (MIld Bullish) ...
NIFTY Intraday Trade Setup For 22 Nov 2023 Bullish-Above 19830 Invalid-Below 19780 T- 19912 20030 Bearish-Below 19750 Invalid-Above 19800 T- 19649 19540 NIFTY has closed on with 0.4% gain today, all contributed through gap up. It opened at buy level 19760 and gave a small move till 19829. 10 o'clock range broke upside above 19791 and gave small move of 30...
We are at triple bottom for nifty according to me As after the sellof today we have seen some hold in the momentum as we are oversold in multiple timeframes We are gonna see some rest in this area Range of KIndly Wait for the Break down or Breakout My Target range Is the retest of 19050 Please Upvote and Follow as these Things Motivates me More
Nifty Analysis Recap from yesterday: “So I would like to continue with my neutral stance till then. For bullish momentum to resume, Nifty will have to take out 19776 and 19875 in one go, but for a bearish signal a single support break would suffice.” 5mts chart link - click here The open was right at the resistance level of 19776 and interestingly the day’s...
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: 19750 Sell below: 19750 only on 15 minute candle closure below the level. Target 1: 19720 Target 2: 19680 #Resistance: 19800 Buy Above: 19800 only on 15 minute candle closure Above the level. Target 1: 19830 Target 2: 19880 => # Remember each level will act as a support and resistance...
Todays gap up changed my sell bias. I am leaning towards all time highs now
"Good morning, friends! As of November 21st, the global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up, or a neutral start, as the GiftNifty indicates a value of +60. There is no significant difference compared to the last session. Structurally, we can...
NIFTY is neutral for now as it is roaming in the range of 19600-19800. 19800 is showing lots of OI, which will be acting as resistance. On the downside, 19600 will be acting as a support zone. If the 19800 level breaks, then after retesting, you can easily go long Unless you keep a neutral trade of rangebound 19600-19800. Reasons: 19617 is a Good price...
NIFTY Intraday Trade Setup 21 Nov 2023 Buy-Above 19760 Invalid-Below 19710 T- 19910 20050 Bearish-Below 19660 Invalid-Above 19710 T- 19540 19390 NIFTY has closed on a slight bearish note with 0.19% cut today. It has formed an inside candle in daily TF which is sign of compression. Nothing triggered as per trade setup today. Tomorrow above 19760 we will initiate...
Nifty Analysis Recap from yesterday: ”At present, I wish to change my stance to neutral and wait for further clues. If we start dropping on Monday, I would prefer to go bearish with the first target of 19562 and then 19446.” 5mts chart link - click here Nifty did not have that much of a flavor today. We opened inline and then started drifting downwards....
NIFTY LEVELS FOR THIS WEEKLY EXPIRY These are Mathematical Calculations and results are very good. Mark these Levels on your chart and just enter on 5 Min Candle breakout (High of Breakout Candle) on any level with target of next line(Level). Weak Below Low of Breakout Candle. Best use on Expiry for ZERO HERO. ALL THE BEST. For Educational Purpose Only.