nifty created a flag pattern. if it breaks upside, it may go further upside. also there is a resistance at 19430. if nifty goes down and break the 19300 level, it may go down upto 19250. please note that there is a support at 19250, so, you have to wait for the price action at 19250 level.
Dear All, Once again we can see a Doji formation on the Day chart of Nifty. So, yes it is a significant indication that Nifty can take a pause from this rally. But we are still with our words that the overall market sentiments seems to be positive with the stop loss of 19200 as of now. Furthermore, every pull back can be a good opportunity ...
NIFTY Intraday Trade Setup For 06 Jul 2023 Buy-Above 19435 Sl-19385 T- 19527 19620 Sell-Below 19335 Sl-19385 T- 19253 19175 NIFTY has closed on a complete flat note today. It has formed an inside candle in daily TF. It was a complete rangebound session with momentum almost cemented. It has formed a range in 15 Min TF. Breakout of 19435 and 19335 will give us a...
I had a feeling that we are nearing a top after seeing the price action on 03 Jul. The 4th Jul session was also cementing that thought. And today's session till 14.35 was giving me lot of confidence to take a short position. But what happened from 14.40 to close, esp. 15.500 to 15.10 was simply unbelievable. Nifty rose 0.42% ~ 81.3pts to end the day flat at 0.05%...
Expectations: Volatile Day Intraday Levels: Buy Above - 19450 Sell Below - 19340 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
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 on the daily time frame has formed an inside candle and formed another doji. The market opened flat and closed near to the opening price. The market has consolidated whole day and remained in a range of 100 points. On the hourly charts, the market remained inside the first hour candle and during the closing hour gave a 50 points move. Even on the smaller...
Nifty Moving within first two 15 minutes candle since morning. breakout of either side will be interesting to see.
NIFTY50 Daily Analysis! Head and Shoulder Pattern Formation in NIFTY 50! Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting! NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice...
Nifty is taking support from the daily trendline. Also there is a support line of 19250. if it both the support breaks then we can see good down fall till 19050 level. If it takes support we can see a 200 points move upside.
"Good morning! As of July 5th, the global market is showing a neutral start with a bullish market sentiment. It might open with a minor gap-up. After that, if the market breaks yesterday's high, we can expect a continuation of the rally. Otherwise, it could enter a range market or takes a correction."
Nifty taking rejection from monthly trendline. If it breaks 19422 then we can see 19555 level. Buy above 19434 target 19463,19502,19525,19561 Sell below 19344 target 19299,19253,19226
Dear All, We can now observe a Doji formation on the chart of Nifty here at upper level. Which can give a pause to this rally as of now. So in such a situation, we might get to witness some pull back in Nifty. But again the overall market sentiments is quite positive. Where the support levels of 18700 and 19200 will be very crucial for us. In the...
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.