"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%...
Nifty important levels to watch are as follows #Support: 18930 Sell below: 18930 only on 15 minute candle closure below the level. Target 1: 18860 Target 2: 18800 #Resistance: 19040 Buy Above: 19040 only on 15 minute candle closure Above the level. Target 1: 19110 Target 2: 19200 => # Remember each level will act as a support and resistance individually...
The FASP for Nifty is listed for 26-10-2023. 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: 19260 Sell below: 19260 only on 15 minute candle closure below the level. Target 1: 19210 Target 2: 19160 #Resistance: 19335 Buy Above:19335 only on 15 minute candle closure Above the level. Target 1: 19380 Target 2: 19435 => # Remember each level will act as a support and resistance individually...
Good Morning Everyone, Nifty showed a downside breakout falling below the 19334 support zone,, A long bear candle was formed on the daily time frame which could prove to be a resistance in the next upmove, Next support for nifty will be 19223, if this got breaks then nifty can head towards 18850 levels, while 19480 can provide resistance. Well Gift nifty is...
Looks like Nifty is heading to make a Inverted head and shoulder pattern if 19200 gets protected in coming days. Still Early to say but let's see how it fairs in coming days.
we have a solid breakout, it might continue the correction. Don't expect a pullback without any additional confirmation
Price Range: 19200 to 19900, tight range, Charactics, Institutional Data: Heavy Selling in past 45 days, the amount is reflected in attached screenshot. Relative strength : Bullish Upside: 19800-19900 is crucial range Downside: Below 19200, Support range 18100, 17400. What should be done? 19200-19900 is NO ACT ZONE
"Good morning, friends! As of October 20th, there is no significant difference between the last session, and the global market sentiment is negative, as indicated by the Dow Jones. However, our market is bearish. It may open with a significant gap-down. After that, the market may find support around the immediate support level, and we can expect a minor pullback...