Good Evening Traders, This is Nifty 50 Weekly Candle Analysis. Analysis Based On Wave Theory. In Weekly Market is in Berish Trend. Fib Golden Ratio 38% and 50% Nifty Will correct till 18300 According to Wave Theory. In daily candle Nifty Made Berish Head And Shoulder Pattern. If you like my analysis the Give Like and Comment Below Thank You
Nifty Prediction for this Week: Indian Markets are in Down trend however there will be some correction. Nifty likely to test 19430 / 19500 level before it falls again and there is high probability that Nifty might test 18800 mark very soon. BULLISH trend can be expected only above 19570 Demand and Supply Zones - When price breaks the zone, Demand zone will...
The FASP for Nifty is listed for 21-08-2023. 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...
a very well known cup nd handle pattern is forming on a daily chart in ASTRAL ltd.
There was only 1 goal for the bears today, to close the markets below 19309. Somehow they got it done today which means we are in for a bear ride next week. Let me try to explain. We opened right at the 19309 level and then fell to 19258 levels by 10.45 in a show of strength by the bears. From there there was a reversal till 12.00 where we re-touched the 19309 SR...
"Good morning! As of August 18th, The global market sentiment is negative (based on the Dow Jones alone), while the market trend is moderately bearish. The market might start with a gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a range-bound market or a pullback continuation. If it breaks the immediate...
After making a low of 17400, the nifty is getting ready for going higher till September to October. This view is valid for next 6-8 months if nifty doesn't break the AB=CD channel, formation is in currently in progress. On the daily charts its making Higher highs and Higher low. The target of 19500-19900 is possible. HDFCBANK, Reliance, infosys, TCS and ITC...
Dear All, Just as we had stated in our Previous Morning Mantra update about our expectation on Nifty creating some cautiousness in the Market. Likewise the same was witnessed yesterday itself. As after a flat to negative opening, the Market showed us a further decline in its levels. Moreover, today is the last trading day of the week. Besides, on...
Nifty Weekly Analysis We have fallen 201pts ~ 1.03% between the last expiry and today. If you notice the chart below, Nifty is closely following the bearish trend line and we will get a range convergence soon. If the support line of 19309 is not breaking - we will have a bullish reversal. Global macros, India inflation data and other sentiments are pointing for a...
NIFYT Timeframe: 15 -minute chart Support Zone: 19350-19310 Resistance Zone: 19578-19617 Trade Overview: In this trade idea, we'll focus on scalping the NIFTY using the support and resistance zones identified on the 15-minute chart. Scalping involves making multiple quick trades within short time frames to capture small price movements. Trade Plan: 1....
NIFTY Intraday Trade Setup For 18 Aug 2023 Bullish-Above 19390 Invalid-Below 19340 T- 19480 19570 Bearish-Below 19320 Invalid-Above 19370 T- 19250 19150 NIFTY has closed with a decent cut of 0.51% today. Sell triggered as per trade setup below 19410 and hit our 1st target very smoothly, then as usual bounce from the target zone. It has formed an inside candle...
nifty important levels to watch are as follows #Support: 19360 Sell below: 19360 only on 15 minute candle closure below the level. Target 1: 19300 Target 2: 19255 Target 3: 19200 #Resistance: 19500 Buy Above: 19500 only on 15 minute candle closure Above the level. Target 1: 19560 Target 2: 19640 #Demand Zone: 19360-19380 may act as a immediate buying zone,...
1. Nifty is in sideways 2. option buying would hard in sideways, however if played our at extreme levels of support & resistance can be beneficial. 3. Option sellers little easy in choppy market, has side ways ranges are clear.
"Good morning! As of August 17th, there isn't a significant difference from the last session. The global market sentiment is negative (based on the Dow Jones alone), while the market trend is moderately bullish. The market might start with a gap-down. After that, if the market takes a pullback around the immediate support zone, we can expect a range-bound market...
Dear All, Just as we had stated yesterday about the huge chance of witnessing a bounce back in Nifty, as a result of observing a bullish reversal pattern, named hammer. Likewise the very same was observed yesterday itself. As once again after taking a support at around 19300, i.e., at 19317 Nifty finally gave us a positive closing of 19465. Well for...
Last session we discussed the support level of 19311, this came into play today and proved quite hard to breach. Today’s intraday low 19317 was hit in the first candle itself after a gap down opening. The biggest negative news to start the day was the higher than expected 7.44% CPI inflation that came after market hours on 14th Aug. Also the SPX and NDQ also...
1. gap down at the opening and make new high for the day 2. After break of day's high price give about 73 approx points move on both days 3. As yet sell on rise would be suitable.
The FASP for Nifty is listed for 17-08-2023. 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...