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...
Today Nifty opened with a gap up at 21923 which was the morning high and we saw sudden full just after open towards 21795 which we played through 22000 PE and booked good profit. For tomorrow, buy Nifty if sustains above 21960 for the targets of 22000 and upper marked levels. On the other side, if Nifty breaks 21800 on the downside, we may see 21760 and below...
Please find below simple resistance and support: Resistance: 21965 If crossed up then will see upward move as follows: T1: 22037 T2: 22100 Support: 21885 If crossed down then will see downward move as follows: T1: 21783 T2: 21720 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO...
I have been busy for the last two days. If you have been following my analysis, we marked a resistance and support line, which got a breakout yesterday, and after that, it gave a very nice bullish momentum. Now, if we look at the chart: The market is trading at the resistance zone right now after yesterday's good bullish momentum. Price has broken 200 EMA....
Nifty50 Support And Resistance 13-Feb-24 Please find below simple resistance and support: Resistance: 21717 If crossed up then will see upward move as follows: T1: 21744 T2: 21808 Support: 21582 If crossed down then will see downward move as follows: T1: 21487 T2: 21423 This is only for education purpose. Do your own research before investing or...
Please find below simple resistance and support: Resistance: 21818 If crossed up then will see upward move as follows: T1: 21849 T2: 21915 Support: 21685 If crossed down then will see downward move as follows: T1: 21586 T2: 21520 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, Nifty has had a bearish structure for the past 2-3 sessions. Nifty was moving in a symmetrical triangle pattern, which is a neutral pattern. Today, it has broken down to the downside, the same as we have been discussing. Now, if we look at the chart: The market has successfully broken to the downside and has retraced 200 EMA,...
Nifty 21950 act as OB we can see upside movment from this level Note - Only for education purpose
Ascending Triangle Bullish Breakout Be a conservative trader in the lower time frame of 15 mins, wait for the level breakout, and close and our entry should be above the previous candle high. use this spot chart and do positional option buying or future buying. Entry Above: 17980 Stop Loss: 17700 Target: 18380
As we discussed yesterday, NIFTY made a bearish movement after 2 pm with a nice volume. If we look at the chart data: Price has broken the pattern to the downside, now trading at 200 EMA. RSI has already gone below 40. Price is trading below EMA(13,50). Today, the selling volume was quite high. If we look at the OI data: PCR = 0.72,...
Please find below simple resistance and support: Resistance: 21818 If crossed up then will see upward move as follows: Target 1 : 21987 Target 2 : 22054 Support: 21725 If crossed down then will see downward move as follows: T1: 21719 T2: 21652 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED...
As we discussed in our analysis & on YouTube , it reached the target and then fell. You can also find the analysis on youtube channel link in Bio. Now if we look at the chart: the market is in a rectangular uptrend pattern and is now at the lower support line. Looking at the selling pressure volume in the last session, it was a strong fall from ATH....
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “Bulls and Bears are reevaluating their army strength and will soon fight it out — we will get a trending move as soon as the balance is tipped. For tomorrow — we wish to start the day with a neutral stance and then re-evaluate based on Nifty’s plans. If we pick a direction, we will definitely update the TV...
Nifty open Gap down Negative sentiments reversed within 1st 10 minutes I believe Majority was short in morning considering 30th January 2024 Bearish EOD NiftyReport. That's it! Market makers always looking for liquidity and they found it in the morning itself. Rally started from day low to retrace 0.786 Fib level since previous day high. Chart is enough to...
#Nifty Good morning, friends. As of January 31st, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows a mixed trend. It might open with a neutral to slightly gap-up start based on Giftnifty, which shows +2. According to Giftnifty, Nifty may open with a neutral start. If the market takes a...
As we discussed Nifty yesterday, "Sideways in range bullish after a breakout." nifty gave a breakout in the morning and gave a bull momentum. Chart data: The Market has been range-bound in 21500-21750 for quite some time. It has struck the upper range six times now, which makes it easier to break this time. OI data: OI data PCR = 1.10 indicates...