Hello Traders. Nifty is doing well since 2 days, Today also it has done well, and closed above 19800 which is positive sign for nifty. On weekly timeframe nifty has formed long bullish candlestick pattern and before to that we have seen a hammer pattern. All these indicating that Bullishness has come back in market, and market is ready to fly. We have seen recent...
Nifty important levels to watch are as follows #Support: 19480 Sell below: 19480 only on 15 minute candle closure below the level. Target 1: 19445 Target 2: 19385 #Resistance: 19540 Buy Above: 19540 only on 15 minute candle closure Above the level. Target 1: 19580 Target 2: 19640 => # Remember each level will act as a support and resistance individually...
A Clear Inverted H&S Pattern is visible on the Chart of NIFTY INDEX 1 hour Time Frame. The inverse head and shoulders chart pattern is a bullish chart formation that signals a potential reversal of a downtrend. It is the opposite of the head and shoulders chart pattern, which is a bearish formation. Profit targets in an inverse head and shoulders pattern...
Nifty Analysis Recap from yesterday: ”For true bearishness 19350 or the recent swing low has to be taken out tomorrow. Well, I have a bearish bias because of the LONG PUT option — but the charts are not showing anything so far. If we bounce back from the 19446 level tomorrow also — I may be forced to close out the position at a loss. For tomorrow I would like to...
NIFTY bounced well and showed strength. It will be even better if we close above 19600 today.
The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas. When price come to these area we can expect either reversal or breakout from the given area's. So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
Hey fellow traders! Today, I'm excited to dive into the world of technical analysis and unveil the power of confluence zones in trading. We'll be focusing on the Nifty, a popular index among Indian traders. So, fasten your seatbelts and let's embark on this educational journey together! Understanding Confluence Zones Confluence zones are critical areas on a...
Nifty important levels to watch are as follows #Support: 19520 Sell below: 19520 only on 15 minute candle closure below the level. Target 1: 19430 Target 2: 19340 #Resistance: 19576 Buy Above: 19576 only on 15 minute candle closure Above the level. Target 1: 19630 Target 2: 19720 => # Remember each level will act as a support and resistance...
Nifty important levels to watch are as follows #Support: 19400 Sell below: 19400 only on 15 minute candle closure below the level. Target 1: 19345 Target 2: 19275 Target 3: 19220 #Resistance: 19456 Buy Above: 19456 only on 15 minute candle closure Above the level. Target 1: 19530 Target 2: 19590 Target 3: 19650 => # Remember each level will act as a...
FOR EDUCATIONAL PURPOSE: cmp 19535 futures cmp 19563 resistance zone shown in the chart upside till 19650 downside till 19250
The FASP for Nifty is listed for 05-10-2023. 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: 19620 Sell below: 19620 only on 15 minute candle closure below the level. Target 1: 19560 Target 2: 19500 Target 3: 19460 #Resistance: 19715 Buy Above: 19715 only on 15 minute candle closure Above the level. scalpers can buy above 19675 for a small target. Target 1: 19790 Target 2: 19850 Target...
Nifty Analysis Recap from yesterday: “My stance still remains bearish with the first downside target of 19446. The moment we break 19776 on the upside — I wish to exit the short stance and go long.” The first target of 19446 was not today even though we dropped 103pts in the opening 5mts. The low of today was 19479 breaking the recent swing low of 19492. Two...
Nifty important levels to watch are as follows #Support: 19555 Sell below: 19555 only on 15 minute candle closure below the level. Target 1: 19530 Target 2: 19490 Target 3: 19422 #Resistance: 19600 Buy Above: 19600 only on 15 minute candle closure Above the level. Target 1: 19625 Target 2: 19670 Target 3: 19740 #Remember each level will act as a support...
Expectations: Range-bound Day Intraday Levels: Buy Above - 19620 Sell Below - 19550 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Nifty Analysis We are beginning a new weekly, monthly and quarterly (Q3 2023-24) series today. Yesterday’s close = 19523. Recap from yesterday: “On the 1hr TF, Nifty is still looking weak. The next target should be 19446 followed by 19310 if are continuing the downward move. In case we reverse and move up, the first level to watch will be 19776. I wish to change...
**Nifty 50 Market Analysis for Tomorrow, 29th September 2023** ** interesting headline:** **Nifty 50: Key Levels to Watch for Tomorrow's Trading** ** Analysis:** Nifty 50 has good support levels at 19400. If the market breaks below 19400, then a further fall is possible. For an upside move, the market needs to close a 15-minute candle above 19600. The...
Nifty Quarterly Report Today’s expiry marks the end of Q2 FY2023-24. Between 28th Jun 2023 to 28th Sep 2023 - Nifty has gained 2.89% ~ 547pts. June 28 was special as Nifty had hit a new ATH that day. It crossed the crucial resistance of 18880 then. The rally that started on 28th June ended on 20th Jul wherein Nifty hit a new ATH of 19991.85. From 21st Jul to 31st...