Nifty Tomorrow:
Moderately BULLISH up to 18750
Nifty likely to Open flat or small gap up around 18700 level, if sustains above 18725 supply zone 18750 will get tested. My view is still BEARISH where at 18750 level I will look to take SELL entry with price action confirmation for Target of 18650/18580
BULLISH trend only above 18800
Demand and Supply Zones -...
Time frame 15 min, took a short entry after the support was broken using my Moving average. Used FIB levels just to identify the key points of reversal + we need to wait for the line to cross below zero on fisher scale. Targets, SL, Entry is upon chart
Nifty is taking support around its 20 EMA on the daily charts. Banknifty is trading below the moving average but nifty is still holding the level and seems to be stronger.
On the hourly chart, nifty has closed between both the moving averages and for last two trading session has been trading in a single candle range.
Consolidation is there in the market and a...
Sell nifty below 18660 for the target price of 18625-18600-18580 SL 18690. Trend line BO as well as RSI negative divergence. Lower low and lower high are seen on the charts. This is for your educational purpose only.
Nifty on intraday looks sell on rise
but CMP is trading at support
Major trend is bullish
we can follow a simple step buy at marked support & sell at marked resistance with 10-20 points SL and 1:3/4/5 RR trade
Nifty will be FLAT opening in today's session. After opening nifty Start trading below 18650 level and then possible downside rally up to 18530 in today's session. in case nifty trades above 18680 level then the upside target can go up to the 18800 level.
"Good morning! As of June 26th, the same sentiment continues; there is no significant difference compared to the last session. The global market is showing a neutral to slightly positive start with a moderately bearish market sentiment. There is a possibility of a slight gap-up opening. If the market experiences a pullback afterward, we can expect a minor...
Dear All,
A huge volatility in the Market, was witnessed in the last week. Where, unfortunately once again, Nifty was somehow unable to crossover the level of 18888.
As a result of which, we can now observe the formation of a Dark cloud cover on the weekly chart of Nifty. Which is somehow indicating that we can get to witness some selling pressure...
NIFTY Intraday Trade Setup For 26 Jun 2023
Buy-Above 18750
Sl-18700
T- 18835 18920
Sell-Below 18645
Sl-18695
T- 18550 18450
NIFTY has closed on a bearish note with 0.85% cut last week. Our swing target which we longed from 18460 was almost achieved, only 1 point was missed from ATH. As of now the next upside possibility opens above 18900 only. Meanwhile we...
Nifty Prediction for Tomorrow:
BULLISH Reversal
Nifty likely to open Small gap down, then further Bearish move will continue until it test 18550. At this 18550 demand zone we might see some good reversal towards 19000
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart...
Nifty has almost touched the high and given a marabozu candle on the weekly charts. The market on the higher time frame is forming a double top pattern.
Market, on the daily time frame, is taking support from the 20 EMA and has closed below the recent support level of 18680. If the fall continues, there are chances of market testing 18500 levels.
In the last...
Nifty has broken channel for downside in 30 mints and it has come up to retest the levels also now retest has been completed. Chances are high, this could reverse for the target of 18616 levels. let's see where it goes our stop loss is very small at 18755 and now nifty is trading at 18705. If anybody wants to go short can go with given levels.
Always follow strict...
Even in spite of the recent greenish momentum, we were all looking for a bearish breakthrough. I cannot say with 100% confidence that we are on the verge for a timely correction - but the markets are quite indicating that way.
Banknifty is again scoring over Nifty50 by staying more stable and swinging lesser. Today's episode may be linked to ADANIENT, but over the...
Expectations: Volatile Day
Intraday Levels:
Buy Above - 18840
Sell Below - 18750
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
