As we discussed, NIFTY's sideways behavior touched the fib 0.38 level and came back to trading again at the resistance. If we look at the chart now: The market is trading at the resistance right now. This might force it to consolidate for tomorrow as its expiry for nifty on 7th Mar. market might expire in the marked region. If we look at the OI data: ...
1. Trend Bullish 2. RR lucrative with 1:10 3. Set up: a bounce from Support with morning star can appear 4. For early entry risk is less and reward can be handsome
The FASP for Nifty is listed for 06-03-2024. 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...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “The odd man out today was NiftyIT, which did not want to participate in the rally and instead went the other way. It ended the day with a loss of 204 points.” 4mts chart NiftyIT again shows its rebel attitude today, on a flattish day - NiftyIT losses 291 points ~ 0.77%. I am not suggesting that a...
As we discussed yesterday, NIFTY has been taking resistance at the resistance trendline and resulted sideways. If we look at the chart now: The market is trading at the Resistance trendline. The market has been in a range bound in (22350-22470). Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the market needs some...
As we discussed NIFTY's bullish behavior in our last analysis, the Market (NIFTY) moved up 280 points. If we look at the chart data: The Market is trading at the resistance trendline zone. Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the Market needs some correction or consolidation at this point. Also, the Market is in...
NIFTY Projection Case Study: Probability #2 Target Levels & Tentative Timings are marked in chart In order to navigate the current market uncertainties effectively, it is crucial to grasp the specific stage of the market melt-up. Recognizing whether the market is in the early uptrend, an acceleration phase, or exhibiting signs of overbought conditions...
NIFTY Projection Case Study: Probability #1 Target Levels & Tentative Timings are marked in chart In order to navigate the current market uncertainties effectively, it is crucial to grasp the specific stage of the market melt-up. Recognizing whether the market is in the early uptrend, an acceleration phase, or exhibiting signs of overbought conditions...
As we discussed with NIFTY yesterday, NIFTY took support at 21900. and then become bullish. If we see the chart data now: The market is trading just above the 200 EMA after taking good support at 21900. The last two candles have been very volatile, with huge volumes in them, which indicates that nifty is going to be in upcoming sessions. RSI is trading at...
The FASP for Nifty is listed for 29-02-2024. 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...
Let's discuss the NIFTY Expiry prediction for tomorrow which gave a very nice fall today. If we look at the chart now: The market is trading at the support trendline. Also, the market is near 200 EMA, which might provide good support at this point. 21912 has also proven to be good price action support in the past. If we look at the OI data: PCR =...
Buy and Sell when price sustain above or below our levels and see the results
Nifty has formed a M pattern on the hourly charts and closed below 22k levels. It has closed around the 20 ema on the daily charts. If there is a gap down opening, another selling can be seen in the market. In case there is a gap up to flat opening, wait for the price to breach below the support zone. Major support levels :- 21920, 21830 Tomorrow is the...
Nifty is travelling inside a channel. the possible support and resistance is marked in the chart. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and...
Gift Nifty indicting a minor gap-up opening. However, as per our SpanAttack timings algo we see a fall in Nifty around 9:30 which can be useful for Intraday traders to get some points on the downside. I have marked the key resistance levels to take position. Sell Nifty: 9:30 AM To motivate us, Please like the idea If you agree with the analysis. Happy...
The FASP for Nifty is listed for 28-02-2024. 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...
Nifty has given nice bearish engulfing candle after a consolidation on the higher levels. A good sell off in the market is showing some profit booking in the market and potential levels may be tested on the expiry. It has close 22055 levels. If there is a gap up opening, there will be chance of a halt candle. In case of a flat to gap down opening, there will be...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “We are not suggesting that all “roads lead to Rome theory” i.e. everything is bullish, but the probability of things going up seems higher than cutting through the supports of 22051 & 21913. You know us, the moment the supports are broken, we will exit the bullish position at a loss and go neutral.” 4mts...