The day started with a gap up at a 50% level between the high & low of the last session. From there we saw 2 to 3 candles of fall, but nothing serious to retest yesterday's swing low. From 09.35 to 10.40 we had a good rally up to the 61.8% retracement levels. And then we had a fall of 0.54% ~ 104pts till 12.05. A small pullback till 13.55 and then a fall again of...
Nifty today consolidated and remained in a 100 points range. The market tested the lower levels of 19330 and recovered from the levels. Market on the daily time frame, has formed an inside candle and has closed below the 20 ema on the hourly charts. It is holding and recovering from the lower levels which signal a positive move in the coming days. On 15 minute...
Nifty will be gap Down opening in today's session. After opening nifty start trading below 19310 level and then possible downside rally up to 19180 in today's session. in case nifty trades Above 19350 level then the upside target can go up to the 18470 level.
"Good morning! As of July 10th, the global market is showing a negative start with moderately bearish market sentiment. It might open with a gap-down. If it breaks the immediate support zone after the opening, we can expect the correction to continue. On the other hand, if the initial market experiences a sharp pullback, we can expect a minimum of 38% to 61% Fib...
Dear All, In the previous week, we had overall witnessed a mixed momentum in the Market. Where on the one hand, Nifty had made a Fresh New High of 19523.60, and on the other hand it also showed us a significant supply pressure. Although, this supply pressure witnessed at the upper levels, in the previous week was quite natural, as the Market was at...
NIFTY Intraday Trade Setup For 10 Jul 2023 Buy-Above 19420 Sl-19370 T- 19523 19620 Sell-Below 19300 Sl-19350 T- 19213 19121 NIFTY has created a bearish sentiment on Friday ending the day with 0.85% cut. We have longed from 18460 and its TSL we followed is still intact. If a daily candle closes below PDL and that red candle's low is breached then we will exit....
After continuous rally, nifty is retracing, now with that best trade plan is to sell on rise. Supports will turn into resistance, with new resistance you can trade with 15-20 points SL with 1:4+ RR trade set up
Nifty has been holding the highs for long. But during the last trading session market has given a bearish engulfing candle and formed a gravestone doji on the weekly time frame. The market has given a red candle and closed 165 points lower. Profit booking and retest was required and market has retraced to 23.6% fibonacci levels. On the hourly charts, the market...
Nifty has formed bearish price action, be cautious on buying particularly for tomorrow. Expectations: Volatile Day Intraday Levels: Buy Above - 19540 Sell Below - 19460 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Nifty weekly Analysis For 10-07-23. Nifty Weekly Range --> 19080-19530. Support Zone --> 18980-19080 Resistance --> 19523 Nifty has given a straight move of 900 pts. We may expect some correction this Week. Important Levels for Monday trading Session are If Nifty trades Below 19300 Short. Targets 19180/19080/18980. If Nifty Sustains Above 19530, Long....
Nifty hits an all time high of 19523.6 at 10.00 today, this was after we opened gap down and then had a series of powerful green candles. The surge that took N50 higher was so special that if you looked at 10.00 AM you would never have thought of going short. Opening gap down was due to the handout from the global markets & it was expected. but the 102pts rally...
Nifty Important intraday levels to watch for 07-07-2023 #Support: 19440 Short if candle closes below 19440 #resistance: 19510 Long if candle closes above 19510. #Targets on downside after break of support. Target 1= 19380 Target 2= 19345 #Targets on upside after break of resistance. Target 1= 19560 Target 2 = 19630 Follow us for more such information and...
once Nifty cross ATH then as per extension levels Nifty to hit 19800 this month in very fast manner.
"Good morning! As of July 7th, there is no significant difference compared to the last session. the global market is showing negative stats with moderately bullish market sentiment. It might open with a gap-down. After that, if it takes support around the immediate support zone, we can expect a range-bound market to rally continuation. On the other hand, if it...
Nifty will be FLAT opening in today's session. After opening nifty Start trading above 19510 level and then possible upside rally up to 19630 in today's session. in case nifty trades below 19480 level then the downside target can go up to the 19360 level.
If nifty breaks the channel upside, it may go higher. There are supports near 19460/19470 and 19400 levels. If it takes support on this levels, it may go upside further. If nifty breaks the support level of 19400, we may see short selling about 100 points or more. looks like nifty is bullish, multiple support zones are there.
Dear All, So yesterday, we had witnessed a very beautiful momentum in Nifty. Where even after back to back 2 Doji formations, instead of showing a Reversal, Nifty fortunately took it positively and gave us an all time high closing of 19497.30 So, as per Technical Analysis, Market sentiments still seems to be positive, as of now. However, if in...
Hello Traders Good Morning, I hope your last week would be good, everyone have made good money. Let's focus on today's scenario, i have seen on chart Nifty trading in Higher highs and higher lows pattern So according to this we can assume next higher highs could be somewhere 19100 levels, but best buying range will be 18750-18800 levels. Chances are high...