On 4th it may react to US markets towards the down side, but it will turn upwards again and the levels
Above - 18238-250, 18300-318, 18445-473
Below - 18192-174, 18135-123, 18092-073, 18015-17992
Nifty lost its steam of bullishness as of now, it is in a range where dias is undecided
only if it breaks and closes below 17770 on Daily closing basis it will get Bearish
&
if it breaks and closes above 18710 on Daily closing basis it will get Bullish
in between the above 2 levels it will keep giving Goosebumps, hence avoid heavy positions till then.
Nifty today reversed from zone and level exactly after piercing the first zone which it opened below. Kindly follow my levels and zones to get best R:R
Today nifty started just below my zone 17609-17585, broke the level of 17513 but could not sustain, came back above 17513 in just 30 minutes.
Sustained above the whole day above 17513, went again to the zone 17609-17585, but could not cross it.
That's the power of zones and levels.
Hope my zones and levels helped you.
All in All Nifty is now compressing in...
Today 05 August 2022, Nifty started from my zone 17417-17367 went up to supply zone 17505-17477
It got rejected from there and came back to the opening zone 17417-17367
Simplly the Power of Zones, hope you loved it.
No Major changes for 08 August 2022, Monday, Just the shift of 2 zones.
Keep ur money and risk management in control and trade the zones for...
Nifty on Friday 29th July 2022, Gapped up and stuck into my zone, consolidated for the whole day and then gave a good break out from the zone. That's the power of Zones.
Kindly trade only from my zones and levels to get proper entries and stop losses. We have got many Supply zones above, hence if Nifty goes up, it will have a slow momentum as compared to last...
NIFTY TODAY 25-07-22
Did you see the magic of level 16619, it touched the level 9 times, out of which 7 times it couldn't break it. Finally it ended exactly on that level.
Did not touch even a single zone, hence no price action around it.
NIFTY TOMORROW 26-07-22
I still expect correction in this week. Kindly trade around the levels and zones only.
Started just above the zone 16609-16621 bounced below to the zone and moved up to next zone 16742-16767 crossing the resistance level 16718, with a small pause.
It could not cross the zone of 16742-16767 and reversed to the resistance level 16718 and ended around it.
THIS IS THE POWER OF ZONES. KEEP TAKING THE FULL ADVANTAGE OF PRO LEVELS AND ZONES.
On 25-07-22,...
NIfty 15min Intraday Chart Levels
If 16283 is Broken then Resistance at 16400
If 16139 is Broken then Support at 16045
Now the Question is
05.07.2022 FII holding 1295.84 cr and DII sold 257.99 cr ( Volatility )
06.07.2022 FII sold 330.13 cr and DII holding 1464.33 cr ( Volatility )
07.07.2022 FII sold 925.22 cr and DII holding 980.59 cr ( Range...
Today Nifty gave a good consolidation around my zone and the long trend trendline if u have observed. if it goes slow and steady upwards filling the gaps and giving good consolidation at every level, then we will remain in up trend for quite a long.
Upwards we have many many resistances, hence it may move slow, except some random wild days.
NIFTY TODAY 07-07-22
Gapped up and opened in my zone 16062-16093, consolidated around it for the whole day and finally ended near the trend line and next upcoming zone.
Power of Zones
NIFTY TOMORROW 08-07-22
Just observe how price is behaving to my levels and zones, hence only trade around it with price action confirmation.
End of Day Nifty Important Support and Resistance for Perfect Trading Strategy
How to Take Trade with Nifty Price Action Strategy
For Details Search in Google - Trading With Manoj Shnde 27485
In the hourly timeframe, we can clearly see that the downtrend has been changed to an uptrend and is continuing. A correction up to point C (higher low) is seen and then the price is trying to break point B ( breakout level- trying to make a higher high).
If the price sustains above point B, then we can see the price going to the supply zone shown on the chart....
Nifty has formed inverted cup and handle with low volumes. And looks like the expected target also reached. Now it has potential to move down even further from this level but to be wait and apwatch case in coming days.
FII is heavily selling**. Comment your views if you have any.
This view is only for educational purpose**.
Hello Traders,
NIFTY@17/01/2022
------------------------
If Market Opened as a-
GAP-UP : Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT : Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN : Support of IMP (BUY) – Rejection of PDL (SELL)
-------------------------------------
Happy Learning and Trading.
Rules to fallow...
1) Trade with...
Nifty retracted on the control line of the parallel channel C.
If nifty gives channel breakup, we can get our price targets. Or price will be remaining in the channel.
Click here to check the main idea:
