Long Opportunity -
Nifty is collecting strength to show long bullish moves. There is two Major Resistance level for Nifty 50. If in the first session it breaks 16550 level then it may show the level of Rs. 16758.25, which will be our 1st target. After that, if the Nifty 50 crosses the level of Rs. 16822.70 (It will move better if the nifty consolidate between that...
In continuation of our view presented in Earlier post. We have been continuously mentioning Correction in Nifty was Due even before any event happening like FED meeting and announcement.
We believe in working based on charts and factual data analysis. if you want to corelate market moves based on News you can get News on Daily basis. Correlating market moves...
Nifty on an hourly time frame has given a break out of major resistance level, its 20 Ema and the round figure of 16k.
Nifty looks somewhat bullish.
Major support levels:- 15915, 15689
Major resistance :- 16203, 16363
Wait for the levels to sustain.
Market is volatile. Test the levels.
Nifty Futures Key Trading Levels for 24th Feb 2022 Expiry
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial...
Nifty has been stuck in a long range and has been giving gaps and fills in the current market structure.
Levels are mentioned above in the chart and can be used to trade.
If the breakout of the trendline is given then it'll be a good opportunity to go long with small stoploss and big reward.
All the info is mentioned in the chart above.
Please LIKE, COMMENT and...
Nifty is forming cup and handle formation on 15min signaling bullish momentum if it breaks above the handle. RSI is also testing 50 level, break above the handle and bounce of RSI from 50 level can take Nifty to 17410 & 17500 levels. View neglected if crosses below the handle of the pattern.
NIFTY will open gap down. After opening if it's starts trading below 17570 then possible further downside upto 17430 level. Upside rally possible if it's starts trading and sustain above 17640 level.
Hi everyone, Nifty50 index analysis & view for this week index has formed (W) pattern in 1 hour chart and given breakout of it`s resistance & now it`s taking support above: 17,320 index can go upto (17,550-17,600) level identified from harmonic abcd pattern level 1.618 & if sustain above next target will be 17,820 which is identified from harmonic xabcd pattern...
Hello Traders,
NIFTY@24/01/2022
------------------------
Opened as a Flat, below our PDL. Market was broken our levels (S@1,S@2,S@3,S@4,S-L,GSP Zones).It took the Support at yellow Zone then reversed. Finally closed at GAP.
Please do share your thoughts in comment section.
Please hit a LIKE , it motivates me to do analysis and do share with your trading friends.
Nifty looks good to buy with great risk-reward with keeping 17510 as SL for upper marked targets with white lines.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Broke out from descending trend channel signaling bullish momentum ahead, now untill Nifty remains above this channel then it can go till 17600 which can be a resistance while 17200 is a possible support zone.
Nifty has been seen trading in a range of 16800 - 17600, it once broke the demand zone of 16800 and came till 16400 but only for a day and needed a huge gap down of 130 points to do so, so I'll consider 16800 to be a good support and I believe nifty will be coming to the same zone again if it doesn't close above 17600 from where it can go to 18000 levels.
So...
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
there is good zones on 17350 , 17300 and 17250 is very strong zone if market come down to these level its a good opportunity to go long and add position near these levels. this is a study based on option chain demand supply and put call ration please dont trade & analyse the trade.if you like please comment on monday if analysis is helpful to you its give...
