As we discussed, NIFTY would be "Sideways unless it breaks the range to either side." on Friday, it broke to the upside and gave a really nice bullish rally. People who Bought CE or sold PE might have made good money.
For tomorrow all important levels have been marked on the chart.
If we look right now, it's trading ALL-TIME-HIGH, which might lead to a 22,000...
As we discussed, Nifty has been moving in a sideways range-bound market in the range of 21500 and 21750. also, today, it took very nice support from 200 EMA and activated buyers. But once it's moving in the range, it could not be better for option buyers. Right now, the only you can do is option selling with IRON CONDOR.
If we look at OI, we can see PCR = 0.7,...
Today Nifty opened flat and we saw a sharp down move towards 21450 but it didn't sustain below 21470 which was our sell level, after consolidating near 21500 - 21470 support zone we saw a good rally in afternoon session.
For tomorrow, if Nifty sustains above 21640 we expect to see upside towards 21680 and upper marked levels. On the down side, Nifty has to break...
The FASP for Nifty is listed for 10-01-2024. 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...
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
For more technical analysis and...
If breaks the head and shoulder pattern then will go for a long.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSE. NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Today Nifty opened flat and remained in a range for first half. After 1:30 it broke range, went above our buy level 21760 and 2 targets on buying side were done. We updated about the important resistance level of 21850, in last week analysis and today we saw good rejection near that level.
For tomorrow, if Nifty breaks 21670 on the downside we expect to see 21630...
As we have discussed, Nifty has been moving upwards in the channel. It was trading up on the channel. But yesterday, in the last 30 minutes, the fall was very strong. It might be the clear-cut signal of the Bearish market ahead in the week.
Reasons :
It has been traveling in the bullish channel side. The fall was sharp, indicating the power for bears is...
Greetings, fellow traders! As we bid farewell to 2023 and welcome 2024, I want to wish you all a very Happy New Year. 🎉
What a year it has been for us! We have witnessed some incredible highs and lows in the market, and we have learned a lot from our successes and failures. We have also grown as traders, honing our skills and strategies, and adapting to the...
Nifty has been stronger than BNF today. Since the trend is bullish, it makes sense to enter this trade.
21700 to 21747 market can be sideways. Above 21747, we can see buyers. Target, if bullish, should be 21762 and 21775-21785.
Below 21700, we can see bearishness. The target should be 21689.
I'm leaning towards bullishness with the multi-day trend - today is...
The FASP for Nifty is listed for 29-12-2023. 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 important levels to watch are as follows
📍 Support: 21580
📊Sell below: 21580 only on 15 minute candle closure below the level.
📉Target 1: 21500
📉Target 2: 21420
📍 Resistance: 21675
📊 Buy Above: 21675 only on 15 minute candle closure Above the level.
📈Target 1: 21775
📈Target 2: 21840
⚡⚡ Remember each level will act as a support and resistance...
Nifty important levels to watch are as follows
📍 Support: 21325
📊Sell below: 21325 only on 15 minute candle closure below the level.
📉Target 1: 21280
📉Target 2: 21220
📍 Resistance: 21395
📊 Buy Above: 21395 only on 15 minute candle closure Above the level.
📈Target 1: 21440
📈Target 2: 21500
⚡⚡ Remember each level will act as a support and resistance...
Nifty breaks its structure in downside and went down at 21000 and now nifty going up at level 21550, and it will get correction again at level 21000, so,
SELL NIFTY 50
21550, SL 21650, TGT- 21000, in 2 days
The FASP for Nifty is listed for 26-12-2023. 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 has been moving in the parallel channel, as has been marked on the chart. NIFTY has 200 EMA support downsides, which have not been tested once. Now, there are only 2 possibilities: it stays in the above channel, and it will be going high and touch the upper channel and face resistance there. But if it stays in the lower channel, then it will surely touch the...
The FASP for Nifty is listed for 22-12-2023. 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 important levels to watch are as follows
📍 Support: 20980
📊Sell below: 20980 only on 15 minute candle closure below the level.
📉Target 1: 20900
📉Target 2: 20790
📍 Resistance: 21090
📊 Buy Above: 21090 only on 15 minute candle closure Above the level.
📈Target 1: 21160
📈Target 2: 21240
⚡⚡ Remember each level will act as a support and resistance...
