#NIFTY Intraday Support and Resistance Levels - 23/06/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 18750 level and then possible downside rally up to 18630 in today's session. in case nifty trades above 18800 level then the upside target can go up to the 18930 level.
Niftypredictions
#NIFTY Intraday Support and Resistance Levels - 22/06/2023Nifty will be FLAT opening in today's session. After opening nifty sustain above 18880 level and then possible upside rally up to 19000 in today's session. in case nifty trades below 18850 level then the downside target can go up to the 18730 level.
#NIFTY Intraday Support and Resistance Levels - 21/06/2023Nifty will be FLAT opening in today's session. After opening nifty start trading above 18850 level and then possible upside rally up to 18970 in today's session. in case nifty trades below 18820 level then the downside target can go up to the 18700 level.
#NIFTY Intraday Support and Resistance Levels - 16/06/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18700 level and then possible upside rally up to 18820 in today's session. in case nifty trades below 18680 level then the downside target can go up to the 18560 level.
#NIFTY Intraday Support and Resistance Levels - 01/06/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18530 level and then possible upside rally up to 18650 in today's session. in case nifty trades below 18490 level then the downside target can go up to the 18370 level.
NIFTY - in Supply zoneNifty is in supply zone of previous two tops. The price breakout must also be confirmed with RSI this time.
For bullish bias - one can look at it as a Cup and Handle, when nifty starts trading above red zone
For bearish bias - one can look at it as a ending diagonal (Ascending triangle), when nifty starts trading below blue trendline
Use discretion!
#NIFTY Intraday Support and Resistance Levels - 22/05/2023Nifty will be FLAT opening in today's session. After opening nifty start trading above 18220 level and then possible upside rally up to 18350 in today's session. in case nifty trades below 18180 level then the downside target can go up to the 18050 level.
#NIFTY Intraday Support and Resistance Levels - 18/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18230 level and then possible upside rally up to 18380 in today's session. in case nifty trades below 18180 level then the downside target can go up to the 18070 level.
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!!
#NIFTY Intraday Support and Resistance Levels - 10/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18280 level and then possible upside rally up to 18400 in today's session. in case nifty trades below 18250 level then the downside target can go up to the 18130 level.
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.
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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.
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.
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.
Nifty spot chart analysis for 19.12.2022Nifty is standing just above a strong support of 18259.
Nifty is standing just above a strong support of 18259.
between 18393 to 18444 is an Extremely strong resistance.
if nifty crosses over 18444 then it may also cross 18493 and may reach to the level of 18547.
if nifty moves down below 18259 then it may also cross 18210 and may reach to the level of 18160.
if nifty moves down below 18160 then it may take support on 18111.
If nifty crosses down 18111. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18547 tomorrow and reach higher levels.
Nifty spot chart analysis for 31.10.2022Nifty is standing just below a strong resistance of 17829.
if nifty moves above 17829 then it may also cross 17880 and may reach 17926.
between 17926 to 17976 is an Extremely strong resistance.
if nifty crosses over 17976 then it may also cross 18020 and may reach 18067.
if nifty moves down below 17780 then it may also cross 17731 and may reach to the level of 17684.
if nifty moves down below 17684 then it may take support on 17635.
If nifty crosses down 17635. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18067 tomorrow and reach higher levels.
Nifty spot chart analysis for 27.10.2022Nifty is standing just below a strong resistance zone of 17684 to 17731.
if nifty moves above 17731 then it may also cross 17780 and may reach to the level of 17829.
between 17829 to 17880 is an Extremely strong resistance.
if nifty crosses over 17880 then it may reach to the level of 17926.
if nifty moves down below 17635 then it may take support on 17586, 17586 is a strong support.
if nifty moves down below 17489 then it may also cross 17535 and may reach to the level of 17489.
if nifty moves down below 17489 then it may also cross 17535 and may reach to the level of 17489.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17932 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 20.10.2022Nifty is standing just below a strong resistance zone of 17535 to 17586.
if nifty moves above 17586 then it may also cross 17635 and may reach 17684.
between 17684 to 17731 is an Extremely strong resistance.
if nifty crosses over 17731 then it may also cross 17780 and may reach 17829.
if nifty moves down below 17535 then it may also cross 17489 and may reach to the level of 17442.
if nifty moves down below 17442 then it may take support on 17393.
If nifty crosses down 17393. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17829 tomorrow and reach higher levels.
Nifty spot chart analysis for 14.10.2022
if nifty moves above 17008 then it may easily cross 17068 and may reach to the level of 17125.
between 17125 to 17182 is a strong resistance zone.
if Nifty crosses over 17125 then it may also cross 17182 and may reach to the level 17238.
If nifty crosses down 16951 then it may also cross 16892 and may take support on 16840.
if nifty crosses down 16840 then it may also cross 16780 and may reach to the level of 16722.
If nifty crosses down 16423. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17238 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 10.10.2022Nifty is standing just inside a strong resistance zone of 17340 to 17292.
if nifty moves above 17340 then it may also cross 17393 and may reach 17442.
between 17442 to 17489 is an Extremely strong resistance.
if nifty crosses over 17489 then it may also cross 17535 and may reach 17586.
if nifty moves down below 17292 then it may also cross 17238 and may reach to the level of 17182.
if nifty moves down below 17182 then it may take support on 17125.
If nifty crosses down 17125. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17586 tomorrow and reach higher levels.
Nifty spot chart analysis for 26.09.2022Nifty is standing just below a strong resistance zone of 17340 to 17393.
if nifty moves above 17393 then it may also cross 17393 and may reach 17442.
between 17442 to 17489 is an Extremely strong resistance.
if nifty crosses over 17489 then it may also cross 17535 and may reach 17586.
if nifty moves down below 17292 then it may also cross 17238 and may reach to the level of 17182.
if nifty moves down below 17182 then it may take support on 17125.
If nifty crosses down 17125. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17586 tomorrow and reach higher levels.
Nifty spot chart analysis for 23.09.2022Nifty is standing just below a strong resistance zone of 17636 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.
Nifty spot chart analysis for 19.09.2022Nifty is standing inside a strong resistance zone of 17535 to 17586.
Nifty is standing inside a strong resistance zone of 17535 to 17586.
between 17684 to 17731 is an Extremely strong resistance.
if nifty crosses over 17731 then it may also cross 17780 and may reach 17829.
if nifty moves down below 17535 then it may also cross 17489 and may reach to the level of 17442.
if nifty moves down below 17442 then it may take support on 17393.
If nifty crosses down 17393. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17829 tomorrow and reach higher levels.