niftylevels

alokdaiya

Dear All, Back to back 2 days of observing a closing of above 18200 is indeed a good indication for the bulls. However, this week will play a crucial role in deciding the direction of Nifty’s momentum for the upcoming days. So, we are still with our words that alongside this uprise , it will be a good idea to go for Portfolio Rebalancing as of now,...

agasthya_d

Nifty Trading Levels For Tomorrow’s Trading Session Resistance 18330-18350 Towards Target of 18400 With SL of 18330 Support 18250-18220 Towards Target of 18150 With SL of 18250

Omahto

NIFTY Intraday Trade Setup For 10 May 2023 Buy-Above 18285 Sl-18235 T- 18350 18435 Sell-Below 18225 Sl-18275 T- 18135 18040 NIFTY has closed on a flat note today. It opened almost flat and buy triggered above 18290 and gave more than 50 points gain which was 1:1. Later a profit booking was seen from day high. This sentiment may continue below today's low- 18229...

InvestPro_India Updated 

Expectations: Volatile Day Intraday Levels: Buy Above - 18110 Sell Below - 17960 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team

Manickamtraders

"Good morning. As of May 9th, the global market has shown a slightly neutral to negative start, but the market is currently moderately bullish in nature. We may see a small gap-down at the start; after that, if there is a sharp pullback, the rally will continue. On the other hand, if the gap-down sustains, we could expect a minor correction with a three-wave...

InvestPro_India

Expectations: Range-bound Day Intraday Levels: Buy Above - 18300 Sell Below - 18190 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team

alokdaiya

Dear All, So yesterday Nifty reacted just opposite to its previous pattern, which means that in the presence of a shooting star formation it showed a beautiful uprise of approx 200 points. Which altogether lead Nifty to give a positive closing of above 18200. But as of now Nifty is on the edge of its Previous week’s high. So, still we have to wait...

Trading_hawk

NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...

viswaram

I am still keeping my hopes pinned on the Fibonacci levels marked as in the chart below. 43739 recent swing high, 42581 last session swing low and 43296 the 61.8% retracement level. It really looked like a short-selling setup as the bull momentum faded out after 11.15 - we went up 1.46% ~ 622pts today but it really felt like the thrust to go up further was...

agasthya_d

Nifty Trading Levels For Tomorrow’s Trading Session Resistance 18280-18300 Towards Target of 18400 With SL of 18250 Support 18200-18180 Towards Target of 18100 With SL of 18220

Mambotrade

Institutions are winding up retails money as the markets are volatile. Gap up/down are giving losses to the retails. Nifty has recovered all the losses of the previous session and has closed above the recent high of 18267. A nice bullish marubozu candle is there on the daily time frame and there are chance of nifty trading around its ATH. Nifty remained strong...

Omahto

NIFTY Intraday Trade Setup For 09 May 2023 Buy-Above 18290 Sl-18240 T- 18365 18450 Sell-Below 18215 Sl-18265 T- 18135 18055 NIFTY has closed on a bullish sentiment with more than 1% gain today. Index failed to hit our long trailing sl and resumed the uptrend which we are riding. Buy triggered as per trade setup above 18170 and hit our 1st target very smoothly....

Manickamtraders

"Good morning. As of May 8th, the global market has shown a slightly neutral to positive start, but the market nature is bearish. We may see a small gap-up at the start, and if it sustains, we could expect a minor pullback. If it reaches the key zone, we can expect correction continuation. Alternatively, if it sustains around the key zone, that's a sign of a range...

alokdaiya

Dear All, In the last week, we had indeed witnessed a lot of volatility in the Market, where on the one hand we had observed a beautiful breakout of 18200 level on the day basis. While on the other hand, a huge supply pressure was observed on the last trading of the previous week. After which Nifty is now almost very near to its immediate support...

Omahto

NIFTY Intraday Trade Setup For 8 May 2023 Buy-Above 18170 Sl-18120 T- 18270 18365 Sell-Below 18055 Sl-18105 T- 17957 17873 NIFTY has closed on bearish sentiment last day with 1% cut and almost flat last week. It has formed a shooting star in weekly TF. Below its low- 18055 we will start a small down move which will be the pullback of the mega up move. Pullback...

Mambotrade

The overall market in the last month has shown some positivity. Now the index is trading around a crucial resistance zone i.e. 18180-18250. There is a possibility of a retest and formation of a double top pattern. Market has trapped some buyer as it closed above 18200 levels and the gap down took their Stop losses. In the coming week the market can give another...

agasthya_d

Nifty Trading Levels For Tomorrow’s Trading Session Resistance 18200-18220 Towards Target of 18270 With SL of 18190 Support 18040-18000 Towards Target of 17930 With SL of 18040

Trading_hawk

NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...