Nifty Trading Levels For Tomorrow’s Trading Session Resistance 17680-17700 Towards Target of 17770 With SL of 17670 Support 17620-17600 Towards Target of 17550 With SL of 17620
The FASP for Nifty is listed for 11-04-2023. 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...
Bearish Bat Trade Condition PRZ - 17689 SL - 17801 Target - 17500 / 17400 Bearish Alt Bat Condition PRZ - 17926 - 17975 SL - 18042 Target - 17500 / 17400
Dear All, On observing the impact of the Morning Star formation on the weekly chart on the last week, we did witness a beautiful momentum of upto 17600 in the Market. Well as of now, we are very close to our target level of 17800 , and yes this time we need a beautiful breakout above this level. Wherein, a closing of above 17800 will give a strong...
Nifty Trading Levels For Tomorrow’s Trading Session Resistance 17630-17650 Towards Target of 17700 With SL of 17630 Support 17570-17550 Towards Target of 17500 With SL of 17570
Dear All, As of now, we can clearly observe the effectiveness of the Morning Star formation , as even yesterday we got to witness a beautiful and a positive momentum in Nifty. Wherein, the index is now beautifully trading above the 17420 level, which is altogether a good sign. Moreover, our 2 important stated levels of 17300 and 1718 0 are once again ...
Hello Traders, Welcome to SriTrader5121 ____________________________________ Nifty-06/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 17476 - 17485 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of R. (or) If market open as a FLAT and moves...
Nifty Trading Levels For Tomorrow’s Trading Session Resistance 17580-17600 Towards Target of 17670 With SL of 17570 Support 17420-17400 Towards Target of 17320 With SL of 17430
Nifty has been clearly operating in a parallel channel for quite a while now with now it being close to the top end of this channel. If one checks the Fib retracement for the recent swing high and low, then we can also see that it has retraced to 61.8% of its recent swing high and low. Does it mean it is a short here? No. We have to wait for PA to develop as a...
Dear All, After the beautiful Morning Star formation on the weekly chart, we had seen a gap up opening in Nifty on Monday . While we are back again after spending a holiday, we are now expecting a sideways to positive Market momentum with the stop loss of 17300 on a closing basis, for the 2 remaining trading days, as we have 1 more holiday coming up...
The FASP for Nifty is listed for 05-04-2023. 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 will be bullish above 17380 and bearish below 17250. Overall trend is bullish
Dear All, Finally on the last trading day, we had witnessed a beautiful breakout in Nifty. Wherein the most beautiful part was that it consisted of the 2 important levels of 17180 as well as 17300. As these were the 2 levels that had played a very crucial role as a level of support for the Market in the previous timeframe. As of now, we can observe a...
The FASP for Nifty is listed for 03-04-2023. 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...
After A sharp up move from 15200 zone index gave almost 24% rally from bottom. After a trendy move index has declined 5% from top- 18800+. It has been trading in range since last 3 weeks; almost a month. The range is 18270 and 17760. This range has been formed in weekly TF. Looking at the weekly candles we can clearly sense that contraction has happened for a...
Resistance level:17437 Support level : 17311 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart. If candles are sustaining between resistance and support levels, consider as neutral. If candles...
Nifty has taken a nice support from the 20 ema on the monthly time frame forming a doji candle. Finally, closing has been above 17k levels and on the weekly charts, there is a morning star pattern formation. Even on the daily time frame, the market has closed between both the moving averages. The market has given a nice bullish move after a gap up. Global market...
A conservative TGT of 8.5% (Expected GDP for FY23-24) in NIFTY based on Price Action. An imperfect WW TGT also coincides with this level (TL in purple color)