Nifty will slightly gap up opening in today's session. After opening nifty sustain above 18620 level and then possible upside rally up to 18730+ in today's session. in case nifty trades below the 18570 level then the Short target can go up to the 18450 level.
The global market indicates a positive start. market nature is slightly bullish to neutral. The market may open a gap-up and if the market declines after the gap, we expect a minor correction. It takes a minimum 23 to 38% correction wave. On the other hand, if the opening market declines sharply, it will take correction mode, it may take 38 to 50% fib correction.
NIFTY Intraday Trade Setup For 9 Dec 2022
Buy-Above 18625
Sl-18575
T-18720 18800 18890
Sell-Below 18525
Sl-18575
T-18415 18295 18195
NIFTY has closed with a very small gain of just 48 points which is 0.26%. An inside candle has been formed in daily TF. Above mother candle's high and low we can expect a directional move either side. It is a very rare day in the...
had posted this analysis 2hours ago target hit at the last minute with risk reward ratio of almost 1:3!!!
(Descending triangle pattern in nifty 50 15 mins time frame)
A positive closing from yesterday is once again indicating some positivity in the Market. In addition to which, witnessing the formation of a bullish harami pattern on the daily chart is an add-on to the positive sentiments.
However, since today is the last trading day of this week, therefore we will remain cautious and let the Market decide its direction for...
Nifty will be flat opening in today's session. The expected opening above the 18550 level and the 18550 to 18600 level is the consolidation range and if nifty breaks the 18600 level this level then the possible upside go up to 18700+ in today's session. in case nifty trades below the 18550 level than possible downside rally up to 100-200 points.
The global market indicates a neutral start. the market nature is neutral to slightly bearish. the market may open flatly, also both patterns say neutral sentiment. So we will take a position after the pattern breakout. If the market breaks upside, then we will expect a minor pullback. after the pullback market sustains, then we will expect pullback continuation...
NIFTY Intraday Trade Setup For 8 Dec 2022
Buy-Above 18620
Sl-18570
T-17720 18800 18880
Sell-Below 18525
Sl-18575
T-18415 18295 18195
NIFTY has closed on a negative note with almost 0.5% cut. After our TSL hit on last Friday when it closed below PDL since then it has been in a profit booking mode and we can see a decline. Index can change the current sentiment...
Nifty on the hourly time frame has been following a nice lower high lower low pattern and has given a bearish engulfing pattern on the daily time frame.
The market on the hourly time frame has been trading below the 20 ema and gave a nice selling candle in the closing hour of the session.
On 15 minute time frame, there is a bearish moving average cross...
yesterday call target achieved! !!
(Looking at the global cues and SGX NIfty , Nifty 50 may open in gap down..
great short opportunity can be achieved seeing the global cues and weak market scenario
A hanging man candle is formed in 15 mins tf
if nifty 50 opens gap down and breaks the level 18600 initiate short position and with the target of 18550 and if it...
Nifty will be flat opening in today's session. The expected opening above the 18590 level and the 18590 to 18650 level is the consolidation range and if nifty breaks the 18650 level this level then the possible upside go up to 18790+ in today's session. in case nifty trades below the 18590 level than possible downside rally up to 100-200 points.
The global market indicates slightly negative start. As per the structure, the market nature is bearish to neutral.The main event in the market today is the RBI MPC (10.00am). Hence, there is a high probability that the market will move based on that event. But technically we say market may open neutral if the market takes support around (Nifty 18600) then we will...
NIFTY Intraday Trade Setup For 1 Dec 2022
Buy-Above 18820
Sl-18770
T-18930 19030 19155
Sell-Below 18670
Sl-18720
T-18545 18450 18350
NIFTY has closed on a positive note with 0.75% gain. It has closed near day high. Index will have a strong momentum upside till it closes above PDL. Now next psychological level which is 19000 seems to be closer. Today it opened...
Hey All,
As per my Analysis,
Made some setup points, where all the targets and supports are marked.
Hence we saw some upside move.
and on 18670 - Resistance of Upward trend line and Resistance point.
if it breaks then it moves upwards to 18800.
From here we can see the down move towards trendline support.
we can see both the trendline.
Positionally and the for the...
Nifty is expected to be sideways for tomorrows expiry after a decent bull run. Long term outlook still remains bullish with overhead resistance at 18,350-600 .
Strategy and important support and resistance areas for nifty is discussed in detail in the video.
Cheers!
NIFTY Intraday Trade Setup For 7 Dec 2022
Buy-Above 18655
Sl-18605
T-18730 18800
Sell-Below 18575
Sl-18625
T-18500 18425
NIFTY has closed with a slight cut of 0.31% today. And this cut is contributed only by the gap down opening. It has closed near day high which is a sign of bullishness. This bullishness will continue only above today's high. Fun fact is that...
NIFTY Intraday Trade Setup For 6 Dec 2022
Buy-Above 18730
Sl-18680
T-18800 18880
Sell-Below 18629
Sl-18680
T-18530 18425
NIFTY has closed on a absolute flat note and but formed a hammer candle in daily TF. It was a V shape day. Morning we saw a sharp fall from opening levels and later a sharp recover was seen. Closing is near day high which is a sign of...
