The global market indicates a negative start. the market nature is neutral to bearish. IT stocks have positive sentiment also the ADR shows more than 2.50% positive. market may open neutral to slightly negative. if the market breaks the previous day high, it will reach 78% to the harmonic supply zone. Also, that's a rejection zone. On the other hand, if the market...
Just as it was expected, similarly we did witness a gap down opening in Nifty yesterday. Also, it was a day full of volatility in the Market.
However, on a positive note, we did see some stock specific momentum yesterday. Besides, fortunately Nifty did manage to sustain above our crucial levels of 17170 and 16940 on a closing basis. Which, therefore shows some...
Nifty has been moving in volatile upswings and downswings for sometime now.
It broke above the psychological barrier of 17,200 last week , opened below that today but bulls eventually took control and closed it above the resistance of 17,200 which shows buying pressure. Also, last week's breakout was pretty strong so expect one more leg to the upside towards the...
Nifty is standing just inside a strong resistance zone of 17238 to 17292.
if nifty moves above 17292 then it may also cross 17340 and may reach 17393.
between 17393 to 17442 is an Extremely strong resistance.
if nifty crosses over 17442 then it may also cross 17489 and may reach 17535.
if nifty moves down below 17238 then it may also cross 17182 and may...
Hope my levels helped you a lot on 10 OCTOBER 2022
Did you see how beautifully all the zones and levels worked intraday, Kindly keep following them for best R:R
Nifty on the daily time frame has given a nice bullish candle after initial gap down.
The market remained in a bullish moment in the initial hour of the session and consolidated in the second half of the session.
On the 15 minute time frame, the moving averages are close enough and both the moving averages are around 17212.
The market is still in the confusion...
NIFTY Intraday Trade Setup For 11 Oct 2022
Buy-Above 17281
Sl-17225
T-17365 17430 17530
Sell-Below 17140
Sl-17195
T-17065 16990 16920
NIFTY has closed with 0.43% cut today. Sentiment is bullish BTW as it has closed near day high and a sharp recovery was seen from opening levels. Today it opened with a huge gap down and 10 o'clock range broke upside @ 17150 and...
Resistance Level: 17255.25
Support Level:17100.30
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are sustaining or break below support level , we can expect downside move...
Nifty will open gap down nearly 17050 level. After opening if it is sustain above this level then expected upside correction movement upto 17190 level. Upside 17190 will act as a major resistance for today's session. Strong upside rally only expected above 17220 breakout. Any major downside possible if nifty not sustain above 17050 level.
The global market indicates a negative start. The market nature is bearish to slightly bullish. the market may take a correction with minor pullbacks. On the other hand, if the market takes a sharp pullback of around 61% that's a sign of rally continuation.
Fortunately, Nifty gave us a positive closing of above 17270, for the past 3 consecutive days, in the previous week. Also, as per the current chart setup, we are still with our words that if Nifty continues to sustain above the level of 17170 and 16940 on closing basis, then it will give a positive strength to the Market for the upcoming rally.
However, keep in...
Nifty has formed another doji on a weekly time frame. Though, market has gained 200 points on the weekly time frame, daily gap up and gap down are not giving any intraday opporunities.
The market has closed just below the 20 DMA.
Nifty, on the hourly time frame, is stuck between the 20 and 200 emas. In the second half on the trading session the market gave a...
NSE:NIFTY
Giving you some more bigger range of levels.
Trade Setup for 10-10-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t...
Resistance Level: 17425.60
Support Level:17229.35
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are sustaining or break below support level , we can expect downside move...
Hope my levels helped you a lot on 07 October 2022
Did you see how beautifully all the zones and levels worked intraday, Kindly keep following them for best R:R
![NIFTY: Simple Trade Setup | NIFTY | 10-10-2022 [INTRADAY]](https://s3.tradingview.com/h/hMWERCwx_mid.png "Simple Trade Setup | NIFTY | 10-10-2022 [INTRADAY]")
