Expectations: Volatile Day
Intraday Levels:
Buy Above - 18260
Sell Below - 18130
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NIFTY Intraday Trade Setup For 22 May 2023
Buy-Above 18220
Sl- 18170
T- 18307 18385+
Sell-Below 18135
Sl- 18185
T- 18060 17975
NIFTY has closed with a slight cut with 0.61% last week. It has formed a spinning top candle in weekly TF. High and low of this candle is very important. Below 18060 we will initiate a good down move and above 18460 we will give a good...
In Nifty Upper side 18360-18380 is Important Level
and Lower Side 18050 is important level.
Previous day nifty has closed @ 108203 between supply zone 18195-18220.
As per my view Nifty may be open Downside and test levels of 18080.
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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 below it then it...
Nifty Trading Levels For Tomorrow’s Trading Session
Resistance 18280-18300
Towards Target of 18380
With SL of 18260
Support 18120-18100
Towards Target of 18050
With SL of 18120
Incase You have been viewing the charts, you will find special markings in Red, blue and Green. These are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed.
If you have been following the levels from the previous charts by now you would have seen the importance of how...
Good morning! As of May 19th, the global market has shown a positive start with a moderately bearish market nature. There may be a gap-up at the beginning. After that, if it sustains, we can expect a pullback continuation. If it rejects in the immediate key zone, we can anticipate a range market or a correction. On the other hand, if the market declines sharply at...
Dear All,
Once again we had seen the appropriateness of our Morning Mantra update, wherein a bounce back along with some cautiousness was predicted yesterday. Likewise the same was witnessed in the Market yesterday itself, as after a gap up opening in Nifty, a supply pressure was also observed at the upper levels.
Overall, Nifty seems to be ...
As the Nifty May Future contract approaches its expiry date, traders and investors eagerly analyze various indicators to gain insights into potential market movements. In this article, we'll delve into the analysis of the Nifty May Future contract using two critical levels calculated by MRISKA DTS5: the Death Level and the Safe Level. These levels provide valuable...
NIFTY Intraday Trade Setup For 19 May 2023
Buy-Above 18215
Sl-18165
T- 18310 18385
Sell-Below 18100
Sl-18150
T- 18019 17933
NIFTY has closed on a bearish sentiment with 0.28% cut. After our TSL in long was hit on 17 May @ 18260 index has been in decline phase. It was said multiple times that if our TSL is hit then index will initiate the pullback/down move. So...
Buy Nifty @ 18200 - 18190 for the marked targets on the chart until 18140 is intact on the downside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty will be gap up opening in today's session. After opening nifty sustain above 18230 level and then possible upside rally up to 18380 in today's session. in case nifty trades below 18180 level then the downside target can go up to the 18070 level.
Good morning! As of May 18th, the global market has shown a positive start with a bearish market nature. There may be a gap-up at the beginning, and there is a possibility of a sub-wave 4th. So, if it sustains, we can expect a minor three-wave structure. After that, if it rejects in the key zone, we can expect the 5th wave on the downside. However, the minor...
Dear All,
So Yesterday we had seen the impact of the Bearish Engulfing pattern. As a result of which we did also observe a supply pressure in the Market, just as we had already stated yesterday itself.
However for today, we are expecting to witness a bounce back in Nifty. Wherein, it will be better to remain cautious , as today is the day of weekly...
The FASP for Nifty is listed for 18-05-2023. 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 Intraday Trade Setup For 18 May 2023
Buy-Above 18200
Sl-18150
T- 18270 18340
Sell-Below 18115
Sl-18165
T- 18030 17950
NIFTY has closed on a bearish note with 0.57% cut today. Last day it was said that our trailing sl in long side has been hit and below 18260 there we will be a pullback/down move along with a trendline breakdown in hourly TF. Sell...
![NIFTY: Simple Trade Setup | NIFTY | 22-05-2023 [INTRADAY]](https://s3.tradingview.com/w/Ws7ZOAVL_mid.png "Simple Trade Setup | NIFTY | 22-05-2023 [INTRADAY]")
