As we discussed nifty, it was expiry yesterday and was most of a sideways move. For the new week, it has some resistance to the upside, such as 200 EMA and price-action resistance. Once it breaks to the upside, we will see a significant move to the upside. Reasons : NIFTY is showing nice demand near 19000. also 50 EMA support to downside. (Bullish) Price >...
"Good morning, friends! As of November 3, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a long gap-down start because the gift nifty indicates 100+. If it opens with a long gap-up, we can expect a rally continuation when it sustains. On the other hand, if it...
Nifty important levels to watch are as follows #Support: 19105-19100 Sell below: 19105-19100 only on 15 minute candle closure below the level. Target 1: 19060 Target 2: 19000 #Resistance: 19165 Buy Above:19165 only on 15 minute candle closure Above the level. Target 1: 19210 Target 2: 19265 => # Remember each level will act as a support and resistance...
Nifty important levels to watch are as follows #Support: 19060 Sell below: 19060 only on 15 minute candle closure below the level. Target 1: 19010 Target 2: 18960 #Resistance: 19100 Buy Above: 19100 only on 15 minute candle closure Above the level. Target 1: 19145 Target 2: 19200-19230 => # Remember each level will act as a support and resistance...
"Good morning, friends! As of November 1st, there is no significant difference between the last session, and the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. There is a 5th correctional wave, so if the gap-down...
The FASP for Nifty is listed for 01-11-2023. 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 Analysis Recap from yesterday: “Even though we added 93pts today, I have still not changed my stance to bullish. 19226 is my first level to watch out which coincides with the 38.2% retracement level of the recent fall. Then the most important zone of 19310. Ideally, I wish to go long only if the 19310 resistance is taken out.” The open (19233.7) was quite...
Nifty important levels to watch are as follows #Support: 19145 Sell below: 19145 only on 15 minute candle closure below the level. Target 1: 19100 Target 2: 19020 #Resistance: 19233 Buy Above: 19233 only on 15 minute candle closure Above the level. Target 1: 19285 Target 2: 19360-19370 => # Remember each level will act as a support and resistance...
"Good morning, friends! As of October 31st, the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. After that, if a pullback occurs, we can anticipate a continuation of the pullback. On the other hand, there is a sub-wave 4th...
Nifty has been quite bullish for past 2 days after a long fall. but it seems it has a resistance to upside now as shown in the chart. It might move to the 19250 and then have some consolidation. Reason: 200 EMA Resistance (Good Resistance) Price Action Resistance (Red Zone upside) Price > (13,50) EMA (shows bullishness) EMA(13,50) Crossover (Bullish) ...
Nifty levels Support :- 19070, 19900 Resistance :- 19250, 19400 Market move in a lower low lower high formation in the bearish trend. First leg was formed after creating a ATH and after that it consolidated and now it has formed lower low. This leg is for a retest and another bearish move can be seen. Keep in mind the festive buying will also be there. Look...
Nifty important levels to watch are as follows #Support: 19015 Sell below: 19015 only on 15 minute candle closure below the level. Target 1: 19950 Target 2: 19880 #Resistance: 19080 Buy Above: 19080 only on 15 minute candle closure Above the level. Target 1: 19160 Target 2: 19200-19230 => # Remember each level will act as a support and resistance...
What happened? 1. US Inflation Data - Offers Breathing 2. Support at 200 EMA 3. 50 Lac Put Contracts at 19000 4. Full Moon Effect Support & Resistance? Bottom of the tight channel - 19200 Support - 18600 -18850 Range & 200 EMA
The FASP for Nifty is listed for 30-10-2023. 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: 18927 Sell below: 18927 only on 15 minute candle closure below the level. Target 1: 18890 Target 2: 18850 #Resistance: 18985 Buy Above: 18985 only on 15 minute candle closure Above the level. Target 1: 19020 Target 2: 19075 => # Remember each level will act as a support and resistance individually...
Good morning Traders, Guy's Nifty have broken important support zone 19200-19250. As i told you, if nifty breaking these levels then we can see further downside, now i am expecting levels towards 18800 in coming days. GIFT nifty also suggesting a negative opening, Asian Market also in Red everywhere, American Market has given closing more than 2% dowside, keeping...
As we discussed yesterday in NIfty it continue to move as bearish trend. according to the analysis it still seems to go in the same direction. as this present level is minor support line. there might be a minor support here. but at lower 18650 is strong support zone which might provide a nice support in upcoming week. Reasons : Price < EMAs (Bearish) Price...
Nifty has given a nice fall in the first hour of the session and consolidated in 50 points range in the second half. It has closed around the 200 ema on the daily charts forming another bearish candle of 265 points. On the hourly chart, the market has after the 10:15 candle it remained in a range and has been trading below the moving averages. There is a 3.5%...