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...
SGX nifty cmp 18826 SGX nifty index registered high of 18831 today and 18860 in last week. Last week was not able to close above 18779 levels, As per wolf wave formation , index in last phase of up move, where index might face resistance around levels of 19000-19100 levels. As per pre assumption of harmonic pattern formation, leg c of pattern is already matured,...
Nifty50 Key Trading levels 14th June 2023_OptionsTrading Levels Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any...
only for educational purpose Use at your own discretion
SELL Signal Activated, NIFTY has been broken support trendline, So, It is important for bullish set up to fast recover above support trendline, But if Nifty will be traded below 18530, It will go to downward .. So, Sell below 18530 only. Target Levels : 18430, 18346, 18130 SL: 18668 Risk is yours and Reward is too yours totally.
Price trading in previous day's range Safe trade only out side the range. Monday went in consolidation, today can expect some kind of move. Structure does not seem for a big move on upside but pressure can be seen to push price lower. Good RR trade set up near to marked support & resistance area only with 10-20 points SL and 3/5 time the target.
Good morning! As of June 13th, the global market indicates a positive start, with a bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect pullback continuation with minor consolidation. However, the notable point here is that Nifty has a single bending wave (C), while Banknifty has three bending waves (ABC). Therefore,...
Nifty will be gap up opening in today's session. After opening nifty sustain above 18620 level and then possible upside rally up to 18740 in today's session. in case nifty trades below 18600 level then the downside target can go up to the 18480 level.
Dear All, Once again the week starts with a Doji formation. However, this time, there’s some positivity to it, i.e., we can now observe the formation of a Bullish Harami Cross pattern on the Day chart of Nifty. Which altogether indicates that the Market can show us some further bullish momentum, Today. So, we can very well utilise this optimistic...
Nifty 50 Key Trading Levels 13th June 2023 for Option tradesetup Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any...