Right now Nifty is about to complete the fourth leg which is corrective pattern in 3 legs going to resume fifth leg of the bullish pattern and could touch 18680 and could also make higer level this month.
1. Gap is filled today, and a decent recovery EOD from gap todays price action seem a pull back, some price reaction we can see at 18420 apart from support and resist marked on the chart
"Good morning! As of June 1st, the global market indicates a negative start with moderately bearish market sentiment. There may be a gap-down start initially. After that, if it takes a pullback around the Fib level of 61%, we can expect the range market to continue pulling back. On the other hand, if it breaks a major key zone(38%), that is a sign of correction...
Nifty will be gap up opening in today's session. After opening nifty sustain above 18530 level and then possible upside rally up to 18650 in today's session. in case nifty trades below 18490 level then the downside target can go up to the 18370 level.
Expectations: Volatile Day Intraday Levels: Buy Above - 18680 Sell Below - 18570 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
The FASP for Nifty is listed for 01-06-2023. 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 has fallen in the first half of the trading session and tried to recover some points in the second half. Market on the daily chart has given a dragon fly doji and closed above 18500 levels. The market on the hourly time frame, has formed doji after doji, showing upper wick rejection. The market has started trading below the 20 ema and continuously faced...
Nifty Trading Levels For Tomorrow’s Trading Session Resistance 18580-18600 Towards Target of 18660 With SL of 18570 Support 18500-18480 Towards Target of 18420 With SL of 18510
The price pattern for June is above and use the Monthly levels to trade The Price pattern of May 2023 : April 2023: March 2023:
NIFTY Intraday Trade Setup For 1 Jun 2023 Buy-Above 18570 Sl-18520 T- 18660 18745 Sell-Below 18480 Sl-18530 T- 18369 18273 NIFTY has closed on a bearish note with 0.53% cut today. It opened with a gap down below our sell level. 1st target was achieved as per the trade setup. 10 o'clock range broke downside below 18543 and gave a good trendy move (18543-18484). ...
Nifty will be FLAT opening in today's session. After opening nifty start trading below 18620 level and then possible downside rally up to 18500 in today's session. in case nifty trades above 18640 level then the upside target can go up to the 18750 level.
Good morning! As of May 31st, the global market indicates a negative start with a moderately bullish market sentiment. There may be a gap-down start initially. Structurally, it might form as a flat correction. So, if the correction finds support around the major key zone, we can expect a bounce back. On the other hand, if it breaks a major key zone, that is a sign...
1. Price action supported yesterday's work of support and resistance and no significant demand or supply created today, therefore, price is in consolidation in yesterday's range and trying to sustain this gap, this is only a sign of strength. So trade plan remains same buy on dip
NIFTY Intraday Trade Setup For 31 May 2023 Buy-Above 18665 Sl-18615 T- 18741 18820 Sell-Below 18615 Sl-18665 T- 18519 18444 NIFTY has once again closed with slight bullishness with 0.19% gain today. It opened flat and buy triggered as per trade setup and hit sl. Then it turned total sideways for the rest of the day. Index has been in a complete sideways mode...
In this video, I share my analysis for Nifty and Bank Nifty for tomorrow. I use my own technique called FASP to identify the immediate targets for the index. These levels are important to recognize where the key resistance and support points exist. Map these levels to your charts and explore how it works for you. Wish you a very happy and profitable year ahead!
The FASP for Nifty is listed for 31-05-2023. 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 Trading Levels For Tomorrow’s Trading Session Resistance 18680-18700 Towards Target of 18750 With SL of 18680 Support 18590-18570 Towards Target of 18500 With SL of 18600
For the last two trading session, nifty has been trading in a similar range and has formed dojis. Though banknifty has been trading new ATH, nifty is unable to capture the previous high. On the hourly time frame, the market has traded inside the first candle and is taking support around 18600 levels. If the markets break down, gap fill trade can be taken. On the...