Niftynse
Nifty negative divergence & tweezer top Nifty close below its tweezer top candles low & negative divergences also play its role. Now, tomorrow is expiry & USA voting for debt celling & it's result out by tomorrow morning before opening of our markets between 7am-8am. Let's see how market behave on those results if something negative outcomes then we can see sell off below 18460 levels
Nifty 50 Head and ShouldersNifty 50 has format head and shoulders and turn on daily timeframe also retesting previous trend line on last trading day of first week of March if recent bottom of 17,300 is broken then we can see damage towards towards 17,000 and 16,500 in upcoming days.
Once investor should book profits on index and wait for the value buying at 12,500 to 13,500 feet price earning of 10 to 15.
Nifty spot chart analysis for 20.02.2023Nifty is standing just inside a strong resistance of 17976.
if nifty moves above 17976 then it may also cross 18020 and may reach to the level of 18067.
between 18067 to 18111 is an Extremely strong resistance.
if nifty crosses over 18111 then it may reach to the level of 18160.
if nifty moves down below 17926 then it may also cross 17880 and may reach to the level of 17829.
if nifty moves down below 17829 then it may take support on 17780.
If nifty crosses down 17780. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 18020 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 30.01.2023Nifty is standing just below a strong resistance zone of 17635 to 17684.
if nifty moves above 17684 then it may also cross 17731 and may reach 17780.
between 17780 to 17829 is an Extremely strong resistance.
if nifty crosses over 17829 then it may also cross 17880 and may reach 17926.
if nifty moves down below 17586 then it may also cross 17535 and may reach to the level of 17489.
if nifty moves down below 17489 then it may take support on 17442.
If nifty crosses down 17442. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17880 tomorrow and reach higher levels.
Nifty spot chart analysis for 16.01.2023Nifty is standing just below a strong resistance zone of 17976 to 18020.
if nifty moves above 18020 then it may easily cross 18067 and may reach to the level of 18111.
if nifty crosses over 18111 then it may also cross 18160 and may reach to the level of 18210.
if nifty moves down below 17926 then it may also cross 17880 and may reach to the level of 17829.
if nifty moves down below 17829 then it may take support on 17780.
If nifty crosses down 17780. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 18210 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 09.01.2023Nifty is standing just above a strong support of 17829.
if nifty moves above 17880 then it may reach to the level of 17926.
between 17926 to 17976 is an Extremely strong resistance.
if nifty crosses over 17976 then it may also cross 18020 and may reach to the level of 18067.
if nifty moves down below 17780 then it may also cross 17731 and may reach to the level of 17684.
if nifty moves down below 17684 then it may take support on 17635.
if nifty moves down below 17684 then it may take support on 17635.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 18111 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 02.01.2023Nifty is standing just inside a strong support zone of 18111 to 18067.
Nifty is standing just inside a strong support zone of 18111 to 18067.
between 18210 to 18259 is an Extremely strong resistance.
if nifty crosses over 18259 then it may also cross 18302 and may reach 18349.
if nifty moves down below 18067 then it may also cross 18020 and may reach to the level of 17976.
if nifty moves down below 17976 then it may take support on 17926.
If nifty crosses down 17926. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18349 tomorrow and reach higher levels.
Nifty spot chart analysis for 29.12.2022Nifty is standing just below a strong resistance zone of 18160 to 18210.
if nifty moves above 18210 then it may also cross 18259 and may reach 18302.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach 18444.
if nifty moves down below 18111 then it may also cross 18067 and may reach to the level of 18020.
if nifty moves down below 18020then it may take support on 17976.
If nifty crosses down 17976. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18393 tomorrow and reach higher levels.
Nifty spot chart analysis for 22.12.2022Nifty is standing just below a strong resistance of 18210.
Nifty is standing just below a strong resistance of 18210.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach to the level of 18444.
if nifty moves down below 18160 then it may also cross 18111 and may reach to the level of 18067.
if nifty moves down below 18067 then it may take support on 18020.
If nifty crosses down 18020. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18547 tomorrow and reach higher levels.
Nifty spot chart analysis for 13.12.2022Nifty is standing just above a strong support of 18493.
if nifty moves above 18493 then it may also cross 18547 and may reach 18599.
between 18599 to 18651 is an Extremely strong resistance.
if nifty crosses over 18651 then it may also cross 18700 and may reach 18753.
if nifty moves down below 18493 then it may also cross 18444 and may reach to the level of 18393.
if nifty moves down below 18393 then it may take support on 18349.
If nifty crosses down 18349. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18761 tomorrow and reach higher levels.
Nifty spot chart analysis for 01.12.2022Nifty is standing just inside a strong resistance zone of 18753 to 18820.
if nifty moves above 18820 then it may also cross 18888 and may reach 18944.
between 18944 to 18998 is an Extremely strong resistance.
if nifty crosses over 18998 then it may reach to the level of 19053.
if nifty moves down below 18753 then it may also cross 18700 and may reach to the level of 18651.
if nifty moves down below 18651 then it may take support on 18599.
If nifty crosses down 18599. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 19053 tomorrow and reach higher levels.
Nifty spot chart analysis for 28.11.2022Nifty is standing just below a strong resistance zone of 18547 to 18599.
Nifty is standing just below a strong resistance zone of 18547 to 18599.
between 18700 to 18753 is an Extremely strong resistance.
if nifty crosses over 18753 then it may reach to the level of 18820.
if nifty moves down below 18493 then it may also cross 18444 and may reach to the level of 18393.
if nifty moves down below 18393 then it may take support on 18349.
If nifty crosses down 18349. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18820 tomorrow and reach higher levels.
Nifty spot chart analysis for 22.11.2022Nifty is standing just below a strong resistance zone of 18160 to 18210.
if nifty moves above 18210 then it may also cross 18259 and may reach 18302.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach 18444.
if nifty moves down below 18111 then it may also cross 18067 and may reach to the level of 18020.
if nifty moves down below 18020then it may take support on 17976.
If nifty crosses down 17976. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18393 tomorrow and reach higher levels.
Nifty spot chart analysis for 21.11.2022Nifty is standing just under a strong resistance zone of 18302 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
Nifty spot chart analysis for 15.11.2022Nifty is standing just under a strong resistance zone of 18349 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
Nifty spot chart analysis for 14.11.2022Nifty is standing just under a strong resistance zone of 18349 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
Nifty spot chart analysis for 09.11.2022Nifty is standing just inside a strong resistance zone of 18160 to 18210.
if nifty moves above 18210 then it may also cross 18259 and may reach 18302.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach 18444.
if nifty moves down below 18160 then it may also cross 18111 and may reach to the level of 18067.
if nifty moves down below 18067 then it may take support on 18020.
If nifty crosses down 18020. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18393 tomorrow and reach higher levels.
Nifty spot chart analysis for 02.11.2022Nifty is standing just below a strong resistance zone of 18160 to 18210.
if nifty moves above 18210 then it may also cross 18259 and may reach 18302.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach 18444.
if nifty moves down below 18111 then it may also cross 18067 and may reach to the level of 18020.
if nifty moves down below 18020then it may take support on 17976.
If nifty crosses down 17976. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18393 tomorrow and reach higher levels.
Nifty spot chart analysis for 31.10.2022Nifty is standing just below a strong resistance of 17829.
if nifty moves above 17829 then it may also cross 17880 and may reach 17926.
between 17926 to 17976 is an Extremely strong resistance.
if nifty crosses over 17976 then it may also cross 18020 and may reach 18067.
if nifty moves down below 17780 then it may also cross 17731 and may reach to the level of 17684.
if nifty moves down below 17684 then it may take support on 17635.
If nifty crosses down 17635. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18067 tomorrow and reach higher levels.