As we discussed, NIFTY traded in a sideways-bullish zone on the upside with huge volatility in the short range. If we look at the chart now: The market is trading indecisive in a bullish zone. That may lead to a short correction in the market. The market is not going to be bearish unless EMA(13, 50) successfully crossovers. Right now, the market is very...
NIFTY Intraday Trade Setup For 20 Jun 2024 Bullish-Above 23670 Invalid-Below 23620 T- 23865 Bearish-Below 23400 Invalid-Above 23450 T- 23190 NIFTY has closed on a slight bearish note with 0.18% cut today. It was a volatile day as it opened with a gap up and then strong sell off came once again it recovered and made a fresh day high. If today's high is not...
Today we have a small hanging man candle on the top of the trend and with this we have a breakout of the trendline. But still I will go for the Intraday trade, I will not carry any overnight position. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Closing below 23537 in any hourly candle could be bearish 📉 📉 to 23290 As below levels are still pending to test If sustains above 23537 in multiple hourly 🕯 then it could move upwards to above price marked Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
After making a new high the price has closed below the trend line. Also the formation of divergence between the price and rsi has formed. The probability of a retest is very high. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
As we discussed in the morning, NIFTY traded in a sideways-bullish zone. If we look at the chart now: The market is trading in a Bullish sideways uptrending channel. The market is continuously taking support at 50 EMA. Until Marklet is inside the channel, it's going to be sideways. The market is in the middle of the channel, which might also act as good...
As we discussed yesterday, Nifty spent on an up-trending channel and ended sideways. If we look at the chart now: The market is in the channel right now. If it breaks down to the downside, it will give a nice bearish momentum. Support levels: 23303, 23233, and 23152 resistance levels: 23439, 23481 I am expecting the market: Case 1: Sideways in...
Nifty will be FLAT opening in today's session. After opening nifty start trading above 23440 level and then possible upside rally up to 23560 in today's session. in case nifty trades below 23380 level then the downside target can go up to the 23260 level.
Nifty Stance Bullish ⬆️ Nifty continued to make new highs every other day this week, overall it has been a steady week with very few wild swings. Just compare the swing range of the previous week vs this, and you will understand what I am talking about. The new high is 23481 hit at the open today and then we fell almost 126pts ~ 0.54% , the beauty is that we did...
Nifty50 Support And Resistance 13-June-24 Please find below simple resistance and support: This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY PROFESSIONAL. We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or...
23335 imp level if closing sustains below in hourly then could 📉 📉 to below price levels marked Below levels are still pending to test If next hourly candle closes above 23335 then 📈 📈 Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Hourly closing below 23316 could trigger more 📉 📉 to below levels ( 22906 -- 22921 ) 23228 -- 23189 Support Zone/ Reversal levels Any Hourly closing or sustains above 23316 📈 📈 23387 ( will post above levels if it sustains) Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
Any Hourly closing below 23298 then 📉 📉 could test below levels 23213 -- 23170 ( Support zone ) If 23170 below closing sustains then could 📉 📉 to 22875 Any hourly closing above 23298 then bullish to above levels marked Disclaimer: It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises
The most viral stock market news topic is the accusation that Rahul Gandhi made on HM and FM for their speech asking people to buy stocks for June 4th. Everything would have gone well if we did not have the 8.75% crash on 4th June, because the markets did have a beautiful run up till then. The SCAM accusation would have really made sense if we did not have the...
Please find below simple resistance and support: This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY PROFESSIONAL. We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This...
As we discussed yesterday, Nifty traded in a sideways-bullish zone. If we look at the chart now: The market is trading in a Bullish sideways market zone. Price has taken support at 200 EMA, and it has also formed a double bottom, which shows the market is in consolidation mode. If it breaks the neckline, you can make a bullish entry after a...
NIFTY (22,620) is currently in a negative trend. The probability of a negative move is very high. Short positions can be held with daily closing stoploss of 22,705. A positive trend will be started if Nifty closes above 22,705. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
No, I am not denying the credit to Nifty50 to have rallied 735pts ~ 3.36% to have a beautiful green today. I just drew the Fibonacci levels from the peak point of 3rd June and the bottom-most level of Jun 04 - the results are in front of you. 23.6% levels @ 21796 had some action 38.2% levels @ 22091 (quite near my 22051 SR level) had a stronger action 50% levels...