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Niftypredictions

NIFTY Bearish scenarioEarly view - if current rally from March 16 bottom is Wave B then it has retraced by 0.78%, If this is A-B-C correction then nifty should head for 16399 and/or 15127. This down rally can be fast. Confirmation levels - 18000, 17800, 17550, intensity will increase at each confirmation. Invalidation above 18500 and safe to assume that Wave B is still continuing. Wave C are usually driven by surprise news and giving no time to react and adjust. Use discretion!!
NSE:NIFTYShort
by TradeStrikes
Simple Trade Setup | NIFTY | 25-04-2023 [INTRADAY]NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain below it then it is considered as breakdown. All other levels between zones are such a level that you can scalp from it , book partial/full profit and also use it as trailing SL. Good trade setup with good Risk reward will be only if we enter from any of zone. ------------------------------------- Trade Setup for 25-04-2023 Most of all the levels and zones remains same as per previous. 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 price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
Nifty spot chart analysis for 30.01.2023Nifty is standing just below a strong resistance zone of 17635 to 17684. if nifty moves above 17684 then it may also cross 17731 and may reach 17780. between 17780 to 17829 is an Extremely strong resistance. if nifty crosses over 17829 then it may also cross 17880 and may reach 17926. if nifty moves down below 17586 then it may also cross 17535 and may reach to the level of 17489. if nifty moves down below 17489 then it may take support on 17442. If nifty crosses down 17442. then it may take bounce back from bounce back zone. it is highly unlikely that Nifty will cross 17880 tomorrow and reach higher levels.
NSE:NIFTY
by stoxway
Nifty spot chart analysis for 16.01.2023Nifty is standing just below a strong resistance zone of 17976 to 18020. if nifty moves above 18020 then it may easily cross 18067 and may reach to the level of 18111. if nifty crosses over 18111 then it may also cross 18160 and may reach to the level of 18210. if nifty moves down below 17926 then it may also cross 17880 and may reach to the level of 17829. if nifty moves down below 17829 then it may take support on 17780. If nifty crosses down 17780. then it may take bounce back from bounce back zone. IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 18210 AND REACH TO THE HIGHER LEVELS.
NSE:NIFTY
by stoxway