Once again Nifty spot is at channel support and the corrective wave at channel support is at 0.50 FIB level too. Previous Nifty high of 18890 seems to be next Target for Nifty since bullish pattern is still intact.
nifty too break the drawn Trendline for change in direction. trade suggetion - 29th june 18500 pe @ 55 level disclaimer - trade @ own risk
Because of some uncertainly and volatility we have added one more levels in support zone if it falls till support levels and make proper support then only we will go for CE side
Good morning! As of June 15th, the global market indicates a slightly negative start with moderately bearish market sentiment. It might open with a gap-down. After that, if it rejects the immediate support zone, we can expect a range-bound market. On the other hand, if the gap-down sustains, we can expect a continuation of the correction with minor consolidation.
Nifty will be gap up opening in today's session. After opening nifty sustain above 18770 level and then possible upside rally up to 18900 in today's session. in case nifty trades below 18740 level then the downside target can go up to the 18620 level.
NIFTY Intraday Trade Setup For 15 Jun 2023 Buy-Above 18770 Sl-18720 T- 18830 18890 Sell-Below 18730 Sl-18780 T- 18675 18615 NIFTY has closed on a bullish note with 0.21% gain today. Buy triggered above 18730 and gave almost 40 points which was slightly less than 1:1. After long triggered above 18460, swing breakout in daily TF. It has been inching towards our...
Dear All, So yesterday was another confused day for the Market. Where on the one hand, the overall sentiments are still positive, while on the other there is a tough fight going on between the bull and the bear. For now, since Today is the crucial Thursday of the crucial week, it will somehow be better to consider today as a “No Trade Day”, and ...
Nifty on the daily time frame has formed a dragon fly doji and closed near the previous resistance area. Both the index were in different directions. Banknifty closed 100 points lower and nifty closed 40 points higher. In the first hour, after the gap up opening, tested the 18700 levels and after hitting the support area, slowly gained points. On the hourly...
--- Today's price action is very interesting mainly because banknifty proved the last 30mts of surge yesterday was fake banknifty won the tug-of-war with nifty50 at 15.00 today We will analyze both of them in detail. --- 1. We had an unusual gap-up opening and then sudden fall of 220pts ~ 0.5% in 20 minutes. Banknifty went below the support of 44068 inside...
Nifty there is no stoploss available on the top side so nifty might create fake move(bull trap) and start falling up to 18600 level to take out all the buyers(or hit SL). Nifty has broken the support trendline from monday. If nifty opens a gap-up and again takes support of the trendline we need to wait for the trendline to break.
NIFTY is slowly creeping toward the resistance level. I am expecting price to pull back after reaching the 18800-19100 level. Keep an eye on bearish price action at the resistance level and sell with initial target at 18400 and final target at 18100.
Good morning! As of June 14th, the global market indicates a positive start with a moderately bullish market sentiment. It might open with a gap-up. After that, if it rejects the immediate resistance zone, we can expect a correction. On the other hand, if the gap-up sustains, we can expect a pullback continuation with minor consolidation.
Nifty will be gap up opening in today's session. After opening nifty sustain above 18740 level and then possible upside rally up to 18860 in today's session. in case nifty trades below 18700 level then the downside target can go up to the 18580 level.
Nifty possibility of gap up at 18740 level. Buy above 18721 target 18740, 18760,18777 Sell below 18699 target 18694, 18677,18657,18646
SUPPORT @ 18714 RESISTANCE @ 18751 If breaks resistance, R1 TGT @ 18803 R2 TGT @ 18861 If breaks support, S1 TGT @ 18684 S2 TGT @ 18622 Note: Don't trade on this information or any other information. This is just a forecast. Learn and try to trade on your analysis.
NIFTY Intraday Trade Setup For 14 Jun 2023 Buy-Above 18730 Sl-18680 T- 18807 18890 Sell-Below 18680 Sl-18730 T- 18615 18550 NIFTY has closed on a bullish note with 0.62% gain today. Buy triggered as per trade setup above 18635 and hit 1st target (18635- 18728+). It was total sideways the whole day after our 1st target was achieved. It has been updated multiple...
A bullish engulfing marabozu candle is there on the daily charts of Banknifty. Market has taken a nice support from 20 ema and given a nice bullish move after touch the support. On the hourly charts, BN remained in a range and given a nice move in the last hour of the trading session and closed above the 20 ema. Even on 15 minutes chart, the market has closed...
Market has given a flag and pole pattern on the hourly charts and closed above 18700. On the daily charts, the market has formed a bullish candle. Major resistance level 18770-800 is still there and bullish trades can only be entered only after the level break out and sustain above the levels. In the first hour market give a nice bullish candle and consolidated...