Nifty close below its tweezer top candles low & negative divergences also play its role. Now, tomorrow is expiry & USA voting for debt celling & it's result out by tomorrow morning before opening of our markets between 7am-8am. Let's see how market behave on those results if something negative outcomes then we can see sell off below 18460 levels
1. Price action supported yesterday's work of support and resistance and no significant demand or supply created today, therefore, price is in consolidation in yesterday's range and trying to sustain this gap, this is only a sign of strength. So trade plan remains same buy on dip
The 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...
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...
Bearish Deep Crab Sell PRZ - 18705/18689 SL - 18775 Target - 18500/18450/18400
Nifty making negative divergences on daily charts let see what happen????
Dear 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...
We have a gap up on weekly chart, if this gap is not filled in this week, then this will most likely to give push to nifty to touch ATH considering the momentum, nifty have only few places to play intraday, in positional view is to buy on dip kind IF opens gap down, then that is a buy opportunity, if open gap up then, wait for price to touch its support level to...
The 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...
Nifty important intraday levels are marked in the chart above. Buy above 18510 sell below 18435 Please wait for 5 minute candle to close on either side before initiating a trade.
A wide channel formation after trendline breakout.
The 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...
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...
Nifty 50 is near its supply zone again. faced resistance multiple times at this level. important demand and supply zones are marked in the chart. for major movement on upside or downside Nifty has to break the marked portions till then stay back and relax !! allow 15 minute candle to close on either side of the area marked in red, for the targets mentioned in...
The FASP for Nifty is listed for 26-05-2023. 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...
Dear All, So, we had seen another day of observing a Doji formation on the Day chart of Nifty. Yes, somehow the Market is in sideways currently, creating confusion between the levels of 18400 and 18200. However, we are still with our words that with the stop loss of 17800, we will go for Portfolio Rebalancing and Cherry picking strategy, which is...
nifty formed a doji and looks like it might form evening star pattern. if it forms a red candle below the today's low most probability of trend reversal. Nifty support trendline has broken and now it will act as resistance. Buy above 18363(18300 CE) Target 18394,18418,18461 Sell below 18292(18350 PE) Target18257, 18214,18181,18108, 18054
The FASP for Nifty is listed for 24-05-2023. 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...