For 2 consecutive days the bears had a good time and now it is over! Today’s price action and the inability of the sellers to push down the prices indicate the bulls are gaining traction. Most analysts would prefer to watch for 1 to 2 more days before changing the bearish bias - I would prefer to change my bias from bearish to neutral right away.
In the recent...
The FASP for Nifty is listed for 04-08-2023. 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...
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Here’s my 1D timeframe analysis. As we can see in the chart from 18-Nov-2022 to 5-Apr-2023 around 138 days there was a good falling channel pattern. It broke and achieved 3 times the target.
The next 138 days from the previous breakout is forming beautiful rising channel pattern. As per the pattern nature it might break below to the...
"Good morning! As of August 2nd, the global market sentiment is negative (based on Dow Jones only), and the market nature is moderately bearish. Therefore, it might begin with a minor gap-down. Following that, if the market rejects the immediate support, we can expect it to move within a range-bound structure to pullback continuation. This is because there is an...
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19780
Sell Below - 19670
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The FASP for Nifty is listed for 31-07-2023. 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 Monthly Analysis
Nifty is up 707pts ~ 3.73% this July Expiry month. The breakout from the last known resistance of 18880 came on the last working day of the previous month. All Nifty had to do was sustain that momentum and see where it has taken it? Almost for 11 days Nifty revised its all time highs. The last 5 days has been pretty unlucky for the...
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19850
Sell Below - 19760
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
* Flat Zone - 19706 to 19652.
* If Nifty Breaks 19652 I will try for Bearish Trade as per PriceAction.
* If Nifty Breaks 19706 I will try for Bullish Trade as per PriceAction.
Short Nifty below 19650 for the marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty had a decent recovery between 13.35 to 14.55 where it gained back 89pts ~ 0.46% after it fell 96pts ~ 0.49% from the open. The moves were exactly similar to the financial service index - because it was caused by the FinNifty components. This casts the doubt that it could be an expiry related move rather than a natural pullback.
For better clarity we would...
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19850
Sell Below - 19730
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The FASP for Nifty is listed for 20-07-2023. 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 will be gap up opening in today's session. After opening nifty sustain above 19750 level and then possible upside rally up to 19870 in today's session. in case nifty trades below 19700 level then the downside target can go up to the 19580 level.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19750
Sell Below - 19650
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 19600 level and then possible upside rally up to 19720 in today's session. in case nifty trades below 19560 level then the downside target can go up to the 19440 level.
If you had witnessed yesterday's 13.15 hourly candle that took out 95pts ~ 0.49%, you would not have guessed Nifty will rebound today. At least I did not expect.
I was having a bullish bias on nifty50 which you can understand from the report yesterday, but the bullish PUT spread carried forward from yesterday had an unfavorable risk reward. I made up the mind to...
