We are having exceptional move in Nifty. Nifty chart looks like a stock chart in momentum. We have Thursday expiry is approaching and tomorrow's market can make a base for expiry set up. Tomorrow play for a small movement like pull back unlike today.
NIFTY Intraday Trade Setup For 05 Jul 2023 Buy-Above 19435 Sl-19385 T- 19527 19620 Sell-Below 19355 Sl-19405 T- 19263 19181 NIFTY has closed on a bullish note once again with 0.34% gain. Our swing long position from 18460 is going buttery smooth. After ATH breakout we expected a non-stop momentum which is going on very well. If a daily candle closes below PDL...
Another fap up day in nifty. Today market on remained volatile and has formed a dragon fly doji. The market has closed gaining 66 points and has consolidated whole day, closing near the opening price. On the hourly charts, market remained in the first hour candle and gap filling trade was there in the first hour. Nifty has been respecting the 20 EMA, on 15...
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 will be gap up opening in today's session. After opening nifty sustain above 19350 level and then possible upside rally up to 18480 in today's session. in case nifty trades below 19320 level then the downside target can go up to the 19200 level.
Expectations: Volatile Day Intraday Levels: Buy Above - 19360 Sell Below - 19290 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Nifty has strong resistance level at monthly timeframe 19380 to 19411. Am expecting profit booking in index so nifty has to fall to 19090 in next 2 to 3 trading sessions. Sell below 19282 target 19256 , 19211,19165 Buy above 19337 target 19363,19411
"Good morning! As of July 4th, the global market is showing a neutral start with a bullish market sentiment. It might follow the previous rally. If it experiences a pullback similar to that, we can expect the rally to continue with a minor correction. On the other hand, if the initial market experiences a sharp decline, we can anticipate a 23% to 38% Fib correction."
NIFTY Intraday Trade Setup For 04 Jul 2023 Buy-Above 19350 Sl-19300 T- 19430 19515 Sell-Below 19285 Sl-19335 T- 19189 19094 NIFTY has closed on a bullish note with 0.7% gain today. It opened with a minor gap up above our buy level and 1st target was achieved as per trade setup. It opened with a gap up but 10 o'clock range was intact for the whole day. Nothing...
Dear All, As per the chart of Nifty, the Index is currently trading in an open territory. Where it had also made a New High of 19345, yesterday, along with a closing at the upper level. So, as of now, considering these factors, specially the fact that Nifty is trading in its all new horizon now, we are still our words to remain cautious here, with the...
Another island formation by N50, gap up opening of 68+ points and then a rising with strong momentum. I was eagerly waiting for a pullback to take some contra positions. Although we had a small retracement from 10.30 to 11.20 approx 78pts - there was no follow-through. So the only viable option trade was selling the PUTS. This is the 4th consecutive day where N50...
For the last 4 trading session, market has been giving gap up and showing positive momentum. On the daily charts, market again has given 130 points move. The market remained in the first hour candle and gave close near the day high. There are less opportunity for intraday traders as the gap up take away the move. The time is for the positional and swing...
I am a student of the Market. I am studying EW Indicator. So You know that I am not a pro trader. I like to publish my IDEA about NIFTY50 . It is a possibility of a Down move in NIFTY50 or Maybe not...!!? Let's See what happens.....
Nifty50 Important intraday levels are as follows, #Support: 19140 Short if candle closes below 19140. However, a short scalping trade can be initiated if a 5 minute candle is closed below the trendline support marked in dashed green line. #resistance: 19201 Long if candle closes above 19201. #Targets on downside after break of support. Target 1=...
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 will be gap up opening in today's session. After opening nifty sustain above 19200 level and then possible upside rally up to 19300 & this rally can extend antother 100-120 points if market gives breakout in 19310 level in today's session. in case nifty trades below 19180 level then the downside target can go up to the 19070 level.
Nifty has monthly rejection from 2003 to till date is between 1930 to 19404. If it breaks 19404 level then we can see 20000 level. Nifty will gapup opening at 19238 level. if it sustains above this level then we can go for Buy and target will be 19303 and 19355. Sell below 19140 target 19090, if it breaks 19090 then direct target will be 18888 level.
Dear All, We can start this New Month on a positive note, as finally Nifty is at its Fresh New High as per the Daily, Weekly and Monthly Chart Basis. On the Monthly basis, we have observed the beautiful effect of a Morning Star Doji pattern which was seen on the chart of Nifty in the Month of April. Consequently, both May & June had turned out to...