As we discussed yesterday, NIFTY has been taking resistance at the resistance trendline and resulted sideways.
If we look at the chart now:
The market is trading at the Resistance trendline. The market has been in a range bound in (22350-22470). Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the market needs some...
Good morning, friends! Here are the directions for March 4th: The global market trend is still moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +70 point.
Nifty has a consolidation structure around the...
Saturday was a special trading session, Nifty opened above 22400 and that morning high was the day high.
For tomorrow, buy Nifty if sustains above 22450 for the targets of 22490 and upper marked levels. On the other side, if Nifty breaks 22320 on the downside, we may see 22280 and below marked levels on the chart.
Expectations: Trending Day
Intraday Levels:
Buy...
As we discussed NIFTY's bullish behavior in our last analysis, the Market (NIFTY) moved up 280 points.
If we look at the chart data:
The Market is trading at the resistance trendline zone. Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the Market needs some correction or consolidation at this point. Also, the Market is in...
As we discussed with NIFTY yesterday, NIFTY took support at 21900. and then become bullish.
If we see the chart data now:
The market is trading just above the 200 EMA after taking good support at 21900. The last two candles have been very volatile, with huge volumes in them, which indicates that nifty is going to be in upcoming sessions. RSI is trading at...
Let's discuss the NIFTY Expiry prediction for tomorrow which gave a very nice fall today.
If we look at the chart now:
The market is trading at the support trendline. Also, the market is near 200 EMA, which might provide good support at this point. 21912 has also proven to be good price action support in the past.
If we look at the OI data:
PCR =...
Nifty is travelling inside a channel. the possible support and resistance is marked in the chart.
Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and...
Please find below simple resistance and support:
Resistance: 22219
If crossed up then will see upward move as follows:
T1: 22266
T2: 22301
Support: 22134
If crossed down then will see downward move as follows:
T1: 22129
T2: 22094
This is only for education purpose. Do your own research before investing or trading.
I AM NOT SEBI REGISTERED ANALYST, SO...
Good morning, friends! Here are the directions for February 27th: The global market is moderately bullish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +25 point.
Nifty has undergone consolidation in the last session....
Please find below simple resistance and support:
Resistance: 22166
If crossed up then will see upward move as follows:
T1: 22178
T2: 22207
Support: 22084
If crossed down then will see downward move as follows:
T1: 22065
T2: 22037
This is only for education purpose. Do your own research before investing or trading.
I AM NOT SEBI REGISTERED ANALYST, SO...
Nifty Analysis - Stance Bullish ⬆️
Recap from yesterday: “As soon as the 22051 resistance gave away, we had to change our stance from neutral to bullish. We would now like to see how higher the markets can go, we are assuming the momentum may not take us to 22700 for the monthly expiry.”
4mts chart
All 3 indices - Nifty50, BankNifty, and NiftyIT- were stuck in...
Please find below simple resistance and support:
Resistance: 22266
If crossed up then will see upward move as follows:
T1: 22347
T2: 22412
Support: 22133
If crossed down then will see downward move as follows:
T1: 22087
T2: 22022
This is only for education purpose. Do your own research before investing or trading.
I AM NOT SEBI REGISTERED ANALYST, SO...
As we have discussed, the nifty Bullish structure today has successfully broken and retraced to the upside.
Now, if we look at the chart data:
The market has given a successful breakout to the upside. The market is trading at ATH. The market has already retraced the breakout and has proven the bull's strength. Now, the market is ready to go up.
If we look...
Good morning, friends! Here are the directions for February 20th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a moderately bullish trend. It might open with a neutral to slightly gap-down start, as indicated by Giftnifty, showing a -30 point decrease.
Nifty has reached a new all-time...
For tomorrow, buy Nifty if sustains above 22150, it may go upside. On the other side, if Nifty goes below 21950 on the downside, we may see 21700 and below marked levels on the chart.
Disclaimer: All information provided here is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own...
As we discussed NIFTY for today, it ended sideways.
Now, if we look at the chart data:
The market has already given a breakout as it expired today. It ended sideways to the upside while facing resistance at 21950. The market will be sideways in the range of 21800-21950.
EMA has given bullish-crossover EMA(50,200). Which shows the market is in a good...
