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Niftyoutlook

Nifty weekly analysis for 05/06/23.Nifty for the last 3 trading session has been trading in a range and next week trade in nifty can give good points. On the higher levels the market has given a bearish doji candle. There can be a double top formation as the market prevoiusly reversed from 18680 levels. The market has given a rally of 1600 points in 2 months time. There will be a retracement before another up move. Markets on the hourly charts, trading around 20 ema. Support :- 18490, 18420, 18280 Resistance :- 18585, 18680 The market has consolidated for ample time. There are chance of a break down, if entered a bearish trade good target can be achieved. Wait for the price action near the price levels before entering the market.
NSE:NIFTY
by Mambotrade
FASP levels for Nifty 02/06/2023The FASP for Nifty is listed for 02-06-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
Nifty daily analysis for 02/06/23.Nifty has closed below the round number figure of 18500. The market has given a nice fall in the second half of the trading session. On the hourly time frame, nifty has started trading below 20 ema and has given a negative closing. The market tried to sustain at the higher levels but couldn't hold long. Nifty still remained strong as compare to the finance sector. On 15 minutes time frame, the market has tested the 200 ema and closed between both the moving averages. Support :- 18440, 18280 Resistance :- 18580, 18690 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
FASP levels for Nifty 01/06/2023The FASP for Nifty is listed for 01-06-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
Nifty daily analysis for 01/06/22 (weekly expiry).Nifty has fallen in the first half of the trading session and tried to recover some points in the second half. Market on the daily chart has given a dragon fly doji and closed above 18500 levels. The market on the hourly time frame, has formed doji after doji, showing upper wick rejection. The market has started trading below the 20 ema and continuously faced rejection from the moving average. There was a gap filling trade and nifty has filled the gap completely and took support around the same level. Support :- 18490, 18450 Resistance :- 18580, 18690 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
FASP levels for Nifty 31/05/2023The FASP for Nifty is listed for 31-05-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTYLong
by SathishChandrasekaran
Nifty daily analysis for 31/05/23.For the last two trading session, nifty has been trading in a similar range and has formed dojis. Though banknifty has been trading new ATH, nifty is unable to capture the previous high. On the hourly time frame, the market has traded inside the first candle and is taking support around 18600 levels. If the markets break down, gap fill trade can be taken. On the upper side there is a resistance zone and its break out can be traded with a target of previous high. On 15 minute chart, the market is jittery and is trading around the 20 ema. Support :- 18580, 18450 Resistance :- 18690, 18870 Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by Mambotrade
Morning Mantra - 30th May 2023Dear All, What a beautiful day it was yesterday. Starting with a Gap Up Opening, we did also observe the Market sentiments becoming more positive. However, since there was a choppy sideways movement in Nifty for almost the entire day, yesterday. Consequently we can now also observe the formation of a Cross Doji pattern on the Day chart of Nifty, which is indicating the indecision mood of market at this level. Now, the level of 18600 will play a very crucial Role in the Market. Wherein, the effect of Portfolio Rebalancing will also be visible. Besides, it will indeed be a good idea to keep following this strategy of rebalancing your Portfolio here. Regards, Alok Daiya SEBI Registered Research Analyst
NSE:NIFTY
by alokdaiya
FASP levels for Nifty 30/05/2023The FASP for Nifty is listed for 30-05-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTYShort
by SathishChandrasekaran
FASP levels for Nifty 29/05/2023The FASP for Nifty is listed for 29-05-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
Nifty 50 view for next week 29/05/23.Nifty on the weekly time frame has given a nice bullish candle and has closed above the resistance zone. It has consolidated for 2 week in the range and has given a break out. The market has formed a good bullish pattern on the daily time frame as it has taken a support from the 61.8 fib level. The market has been taking support from the 20 ema. On the hourly chart, market has remained bullish in the last trading session. Bullish entry can be initiated if the market sustains above 18450 levels. Support :- 18450, 18280, 18090 Resistance :- 18680-700, 18870 Positional and swing trades can be initiated once the market retest the resistance zone. Wait for the price action near the levels before entering the levels.
NSE:NIFTY
by Mambotrade