Nifty has given a nice bullish candle on the daily closing and gain 150 points. The market has closed near a resistance zone and if the market crosses and sustain above the levels, bullish trades can be initiated. On the hourly time frame, market has closed between both the moving averages. After the initial up move the market has consolidated and nice trending...
The FASP for Nifty is listed for 09-02-2023 . 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 is in a symmetrical triangle with chances of imminent breakout on either side most likely tomorrow or on expiry day. Bearish bias because one can see on 4 hr chart Nifty formed a M pattern and then broke below the neckline and then retested and tried to go above the neckline but ended the day with a shooting star. On the downside immediate target of...
The FASP for Nifty is listed for 08-02-2023. 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 Weekly chart looks bearish as it shows Nifty consolidating for few weeks and then breaking below the consolidation zone and currently trying to retest it again (bearish retest would have been much clearer if it finished below 17800 but it closed above it). But this could be a move to trap call buyers. On the daily TF, it looks bullish as it took support...
Nifty on the weekly time frame has taken resistance from 61.8% fibonacci levels and closed near the 20 ema. The market has showed some recovery from the lower levels and has given a nice candle. On the daily time frame, the market has taken support from the 200 ema and closed near the 20 ema. There is dragon fly doji and if the market closed above the 17920...
The budget day volatility has created a long wick doji and a big range of 600 points in nifty. The market has closed between both the moving averages. In the first half the market consolidated and has given both side move after the break out of the zone. On the hourly charts, the market has closed below both the moving averages. Nifty has closed almost flat and...
The FASP for Nifty is listed for 02-02-2023 . 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...
The FASP for Nifty is listed for 31-1-2023 . 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...
The market after a consolidation zone has given a break down and has closed below 20 ema on the weekly time frame. The market consolidated for 4 weeks and has now shown some negativity. Nifty has taken support from 200 ema on the dialy time frame and closed near 17600 levels. Market can take a halt for 1-2 days and continue the fall possibly testing the 17k...
The Nifty index is currently trading at a critical support level of 17764.10. Our technical analysis shows that if the index breaks above this level, it could be a good opportunity to buy for a short term. The stop loss for this trade should be set at 17512, as a break below this level could indicate a change in trend. The first target for this trade is...
Nifty spot's price is consolidating between 18200 and 18000 on hourly timeframe chart so here I am sharing the levels for long and short so we can go long if break resistance and close above and can go for short if break support close below support for the targets I am sharing the image below. Buy Target Zone- 18383 To 18418 Sell Target zone- 17824 To...
This report aims to provide a technical analysis of the Nifty index and a recommendation for short selling the index in the short term. The analysis is based on the latest charts and indicators and is intended for investors and traders who are looking to capitalize on market movements. Background: The Nifty index is a stock market index that represents the...
The FASP for Nifty is listed for 27-1-2023 . 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 is still in the confusion as it has formed a doji candle today. The market took support around 20 ema and after touching the level market got up. On hourly chart, market tried to cross over the level of 18130 but couldn't sustain above it. The market took support from both the moving averages. SgxNifty is trading almost flat. Watch for it in the morning as...
The FASP for Nifty is listed for 23-1-2023 . 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...
Being weekly expiry the market remained sideways and there was option premium decay. The market has formed a doji and an inside candle on the daily time frame. It took support from the 20 ema and closed losing 50 points. In the second half the market consolidated and constantly tested the 200 ema of hourly charts and closed between both the moving...
Nifty on the daily time frame has given a nice bullish candle and closed above the 20 ema. The market in the second half has consolidated and can give a nice trending market if it breaks out of the box. On the hourly chart, there is a flag and pole pattern and closed above both the moving averages. There is a RSI divergence, on 15 minutes chart, which shows...