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...
Quite an unexpected performance by NiftyIT today up +1.51% which would have spoiled the party for the Nifty50 bears. Last week as it ended was looking pretty negative for Nifty and flattish for BankNifty.
Banknifty had a steady day today, down only 0.1% but the prices were consistently falling giving the impression that selling is still not over.
From a...
Nifty needs to break 18531 to confirm end of 5 wave rise from march 2023 lows then as the moves unfolds we would know how the correction would be or its going to extend more on upside.
Todays low was just close to rising Channel support tomorrow could be trending day.
We am not a SEBI Registered Analyst WE are not responsible for any profit or loss pleases...
NIFTY Intraday Trade Setup For 13 Jun 2023
Buy-Above 18635
Sl-18585
T- 18707 18780
Sell-Below 18555
Sl-18600
T- 18485 18400
NIFTY has closed with a slight gain of 0.21% today. Buy triggered as per trade setup, above 18595 and whole day it slept at cost. It was a complete sideways and momentum less market. This is due to ultra low VIX and after a parabolic move...
I'm waiting for shorting Opportunities but will change my view depending on candle formations in below trendline. Personally what I observed is banking stocks looking weak so does BANKNIFTY.
Please do follow me for more such trades and support me if you like my analysis.
Nifty charts show an In-decision at the same option chain with Bearish data, but the charts show nifty at very good support. All important levels have to be marked on the chart. You can place your trade accordingly.
Good morning! As of June 12th, 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. Structurally, this pullback wave is the 2nd wave, so once it reaches Fibonacci levels of 50 to 61%, we can expect a correction. On the...
Nifty will be gap up opening in today's session. After opening nifty sustain above 18600 level and then possible upside rally up to 18730 in today's session. in case nifty trades below 18560 level then the downside target can go up to the 18440 level.
I have posted enough Charts here for one to see how the price responds at the lines marked.
We can go down to lower Time frames of 5 min and 3 min to study the price action .
It would be very interesting to observe what happens when
1. Price opens within the range marked of Red, Blue and Green Lines.
2. Price opens below / above the range but within the range of...
Hello Traders,
Nifty is making head and shoulder kind of pattern in 15 mints, still right shoulder has to form, but according to SGX Nifty it is going to gap up opening today,,so once this gap up opening will execute that will touch right shoulder, and i think smart money will play short bet at that levels.
Perfect Entry Levels to short:- Short on right...
looks like nifty fall due to the sensex expiry. If nifty opens gapup at 18600 level and sustains at 18611 then we can see all time high.
if nifty opens gap down and breaks the 18555 level and 18353 level then we can confirm nifty reversal from here.
Buy above 18611 target 18644, 18676
Sell below 18555 target 18535, 18518,18500
NIFTY Intraday Trade Setup For 12 Jun 2023
Buy-Above 18595
Sl-18545
T- 18685 18780
Sell-Below 18555
Sl-18605
T- 18485 18400
NIFTY has closed on a bearish sentiment last week and formed a shooting star in daily charts. The shooting star is not a perfect place to consider for a confirmed short trade. However we can get some down move if we sustain below candle's...
12 JUNE 2023
This analysis is based on wave theory.
according to theory after up market will go in short term down trend .
So will see Short term selling in market on Monday
As mentioned in last analysis from ATH we could see some serious profit booking without any pull back
However CMP (current market price trading at support and a gap up can be seen on Monday, if so then we can plan for a pull back from the same support price can bounce
If price open gaps down then support will turn into resistance and with small risk 1:4+ RR...
Nifty closed below the area where major trading is happening and the seller are really hit on the game selling markets at high. Though, it is a short term bear market.
For last two weeks, market has consolidated and has formed another doji near the high.
Markets are in confusion and the buyer-seller fight is still on. There is a confirmation as a double top...
![NIFTY: [INTRADAY NIFTY ] 12 JUNE 2023](https://s3.tradingview.com/w/WeBiBKJq_mid.png "[INTRADAY NIFTY ] 12 JUNE 2023")
