Nifty50 touched 17807 only to lose steam towards the last 30 minutes trade and ended 17769 (closer to high of 24th APR). Banking stocks were quite active in trade yesterday, but the heavyweights of Nifty were not getting enough buying. FIIs sold 407 CR while DIIs bought 564 CR (Net positive of 157). Today the market is expected to be in the range 17850 on the...
The FASP for Nifty is listed for 26-04-2023. 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...
Expectations: Positive day Intraday Levels: Buy Above - 17760 Sell Below - 17600 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Nifty50 rose by 119 points yesterday based on good quarterly results of heavyweight banking stocks ICICI and HDFC. SBI and Reliance also contributed moderately to this rally. Today the market is expected to be in the range 17900 on the upper side and 17600 on the lower side. Short-Term Levels: Resistance: 0.80 CR Call OI buildup @ 17800 level Support: 1.29...
Nifty 50 rose quickly close to 1000 points over the past few weeks without any retracement until Thursday and Friday which showed some profit booking and long unwinding. This was expected as the resistance was quickly breached without retracement. Monday trade and the week are expected to be range bound between 17800 on the upper side and 17500 on the lower side....
Expectations: Volatile day Intraday Levels: Buy Above - 17650 Sell Below - 17570 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
In analyzing market trends, it is important to identify potential no-trade zones and formulate appropriate trading strategies that align with one's risk tolerance and overall objectives. The current price range between 17609 and 17670 has been characterized by strong buying near the lower end and selling near the upper end, indicating the presence of key...
Nifty Trading Levels For Tomorrow’s Trading Session Resistance 17750-17770 Towards Target of 17850 With SL of 17740 Support 17570-17550 Towards Target of 17500 With SL of 17570
Great Rally today in both Nifty and Bank Nifty. Nifty 50 has quickly covered the psychological barrier of the 17800 level which is crucial for 18000+ levels. Resistance: 1.32 CR Call OI buildup @ 18000 level. followed by 91.4 L Call OI buildup @ 17900 level. (STRONG RESISTANCE AT 18000 LEVEL). Support: 1.06 CR Put OI buildup @ 17700 level. followed by...
Hello Traders, Welcome to SriTrader5121 ____________________________________ Nifty-13/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 17767 - 17776 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH. (or) If market open as a FLAT and...
Today's Rally was due to buying in Auto, Banks and metal stocks. Also FIIs bought 343 Cr while DII dumped 264 Cr, though the net was positive (79Cr.) Nifty 50 has reached a crucial level 17722. There is a tough fight between bulls and bears at this level to mark their dominance. Total Call OI: 6.66CR Total Put OI: 6.55CR Bulls are relatively a little...
Nifty analysis Time frame :15 minutes Analysis :Moving average 40 is outside of the trend line .So, if the red candle closes below the moving average 40, then we can place a SELL call below that closing red candle. For example, if the candle closes at 17684, then we can place a SELL call at 17680 with STOPloss 17788 and we can expect a target up to 17440 with...
Hello Traders, Welcome to SriTrader5121 ____________________________________ Nifty-12/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 17695 - 17704 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH. (or) If market open as a FLAT and...
The Nifty index has been consistently reaching new highs, but our team at Damis Investments anticipates a potential short-term decline due to the fact that this upward momentum is primarily driven by news. In order to support our bearish stance, we would like to share with you the specific levels at which one can take a short position. According to our analysis,...
Rising channel breakdown or resistance formation in 1 hr time frame, both conclude to the direction that upcoming expiry might witness 17500 levels, strong momentum is calming its horses and facing few strings of pushed down. Future Contracts of Weightage stocks have been shorted with huge volume today, another indication of shift in momentum and this rally could...
Hello Traders, Welcome to SriTrader5121 ____________________________________ Nifty-11/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 17640 - 17649 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP-SIDE then BUY with the Support of IMP and SELL with the Rejection of IMP. (or) If market open as a FLAT and...
Hello Traders, Welcome to SriTrader5121 ____________________________________ Nifty-10/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 17556 - 17567 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH. (or) If market open as a FLAT and...
Nifty 50 broke the Resistance of 17500 and headed towards 17600. If Nifty continues to sustain over 17500 then the index will move from Negative to Neutral Bias. It has to cross 18000 to look positive. Resistance and support can be observed tomorrow at the following levels: RESISTANCE R3: 17790 R2: 17677 R1: 17613 SUPPORT S1: 17500 S2: 17406 S3:...