NIFTY ANALYSIS FOR WEEK FOLLOWING 08 MAY 2023NIFTY SUPER BULLISH
Zones & Levels Above - 18467-439, 18379-357, 18264-252, 18168-147
Zones & Levels Below - 18063-042, 17957, 17851-836, 17736-771, 17626-612
Niftyreversal
NIFTY ANALYSIS FOR 20 JANUARY 2023Nifty has formed a Bearish Harami pattern on Daily time frame, if it breaks todays low 18063, 150 pts down move is clearly expected with in a day or two.
Nifty Levels Above - 18161-183, 18238-250, 18300-318
Nifty Levels Below - 18038-052, 17926-948, 18876-853, 17778-764
Nifty will behave similarly volatile till it remains between 18265-17747
Nifty reversal zones - 28-12-2022Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
NIFTY ANALYSIS FOR 27 DECEMBER 2022nifty has recovered today, it was a pure short covering. I have given accurate levels and zones of reaction in the above chart, kindly trade only on levels.
Nifty 50 Analysis on 19th Dec, 2022. Nifty is now at 18370. If it breaks 18400 and stayed for 15 min more upside momentum can be seen in the market. Or else book your profit at 18400.
NIFTY REVERSAL ZONE as per chart 18900-19100 seems a reversal zone...... and reversal expected up-to red line plotted on chart. That could be massive.
NIFTY reversal with H&S pattern at top most resistanceNSE:NIFTY is at important make or break level, can plan for btst put if head and shoulder is confirmed, can buy month expiry 18000 put at 18148/18175 (left shoulder high range) after head is created.
End of Day Study and Technical Analysis For Nifty 29 Sept 2022 Expiry Possible Trade in Nifty Option with Support & Resistance
Support Zones For Nifty On Expiry
First Support Zone For Nifty – 16825 – 16840
Second Support Zone For Nifty – 16742 – 16761
Third Support Zone For Nifty – 16660 – 16670
Forth Support Zone For Nifty – 16460 – 16480
Resistance Zones For Nifty on Expiry
First Resistance Zone For Nifty – 16945 – 16930
Second Resistance Zone For Nifty – 17064 – 16052
Third Resistance Zone For Nifty – 17186 – 17170
Nifty Daily Levels Update For Option Day Trading Nifty Possible Trade for Tomorrow (Nifty me Kal Konsa Trade Le sakte hai )
When to Buy Call Option in Nifty Option Contract
Tomorrow First Up Side Possible Trade in Nifty50
Trade Entry – If Nifty Sustain above Support Zone (16235 – 16220) You Can Buy ATM CALL Option ( 16200 CALL)
Nifty Target – Nfty Upside First Target is 16300 & 16350
Trade Stoploss – If Nifty50 index Any 30 min candle Close Below Support 16220 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow Second Up Side Possible Trade in Nifty50 – If Nifty Open Gapdown
Trade Entry – If Nifty Sustain above Support Zone (16044 – 16022) You Can Buy ATM CALL Option ( 16200 CALL)
Nifty Target – Nfty Upside First Target is 16147 & 16220
Trade Stoploss – If Nifty50 index Any 30 min candle Close Below Support 16220 then Exit from Trade or max . 20/25 Points Stoploss .
When to Buy Put Option in Nifty Option Contract
Tomorrow Down Side Possible Trade in Nifty50
Trade Entry – If Nifty Sustain Below Resistance Zone (16221 – 16235) Buy 16200 PE Option Contract
Trade Target – Nfty Down side First Target is 16147 and second target is 16050
Trade Stoploss – If Nifty50 index Any 30 min candle Closes Above (16235) or max . 20/25 Points Stoploss
Nifty at 50% Fibo SupportNifty daily chart is taking support over 50% Fibonacci retracement support level.
Nifty Elliott wave update for 10 June 2021 onward15650-15557 is an immediate support range. Nifty if trades below 15557 then only negative.
Double zigzag correction from 15044-14885 is looks abnormal but as of now I am not able to see any other wave count.
Nifty correction possible in the soon future 1. Bearish RSI Divergence spotted on daily time frame as well as hourly time frame.
2. Strong Resistance at 15,500 level, might reverse.
3. Falling ADX signifies a weak move up, suggesting reversal.
4. Correction might last till 15,000 or 14,700 levels.
Nifty Elliott wave analysis of 30min chart for 4jan 2021 onwardRetracement from 13967-13864 is not even 23% of wave iii that is why there is a point of confusion if wave v is started from 13864 OR wave iv decline is still pending.
Overall scenario:
(1) If nifty decline from here then 13847-13722 is support range and 13722 is trend reversal point.
(2) If wave iv is completed at 13864 then 14184-14381 is wave v projection range.
Nifty elliott wave update for 22dec 2020 onwardIn 2hour chart from 10790 wave (a or i), (b or ii) and (c or iii) is completed at 12025, 11535 and 13777 respectively.
support range(retracement range for wave (iv)) is coming at 13252-12926.
If nifty trades below 12926 then only bigger decline is possible.
NIfty & Bank Nifty Elliott wave analysis for 21dec 2020 onwardHello Friends, For the first time I am trying to make idea in form of video and looking for positive response from your side. Thanks
Nifty 15min chart Elliott wave analysis shows TOP is NEARNifty 15min chart suggest from 13402 wave 1, 2, 3 are completed at 13597, 13447, and 13773 respectively. If wave 4 also completed at 13658 then wave 5 projection range is 13800-13887 but if wave 4 is still running then 13696-13648 is support range in which wave 4 can complete and then 5 will start.
Nifty will be negative if trades below 13648.
Overall 13800-13887 can be reversal range for nifty.
NIfty 30min chart indicates Limited upside as of now.Nifty already achieved its minimum projection. Now we need to see the bounce from 13402 to find out reversal range.
NIFTY Shorters will soon gain real BigNifty as described by us earlier has been range-bound. Stay cautious on the long moves for bulls . Soon there is going to be a big fall of around 900 points at least.
Support takenNifty has failed to break 11235 and has taken it's support. So, this is where it might bounce back to 11550-11600. If you wanna book profit, book it now....
My view is still Bearish, I doubt if it will break it's resistance at 11550, so most probably, once it touches resistance, it will once again start dropping for 11000...
So, wouldn't suggest to go long...
NIFTY LEVELS FOR 29-05-2020 NSE:NIFTY
These are the Important levels for the Nifty BUY & SELL
* The Pink Lines are for Buying Points
* The Black Lines are for Selling Points
Through This we can Find the Momentum of direction to trade in Nifty Options
This Levels are only for Education Purpose....
