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...
Nifty is trading near breakout zone. Breaking above 17700 can lead this strong up trend till 18100.
On the flip side 17500 will act as a strong support zone.
As on today 18/Jan - Nifty was trading within 45 points range 18180 - 18137 lvl from 11.20 to 3.30.
Dow is -391.76 (-1.14%) as of 3.30pm. Dow is falling & Nifty is going up, we can expect some big moves in Nifty in the coming days.
Kindly trade with less quantities with strict SL in the current market condition.
This is just my view of NIFTY. Do your own...
Hello Traders,
Welcome to SriTrader5121
Nifty-23/09/2022-Levels
If market open as a GAP-UP and moves to UP-Side then BUY with the
Support of PDH and SELL with the Rejection of S@1.
(or)
If market open as a GAP-UP and moves to DOWN-Side then BUY with the
Support of PDL and SELL with the Rejection of PDL.
Guys today onwards i will be posting charts of SPOT instead of FUTURES. As maximum of my followers are demanding it to plot the zones and levels on SPOT, which makes them easy to trade all instruments, as due to Cost of Carry difference between SPOT & FUTURES, they are unable to follow the level on charts.
Nifty Future Trading in Rising Wedge Pattern. Looks Bearish on the 4-Hourly Charts. I am Going Short on Nifty Future around Current Price @ 16525 For Targets of 16200/ 16000 And Stoploss of 16725
Today Entry was due to breaking of Descending Triangle by 11.30 am.
As Such market is any Rise, then Sell mode and tomorrow iam anticipating a Gap Down to fill the Gap due to today's Gap Up.
However market participants are always unpredictable and as we don't have control on any of the candle Sticks which are forming.
Will post levels during the market hours....
YESTERDAY NIFTY 24-06-22
First of all guys sorry for drawing two zones late and updating in live market. any ways market remained between my levels 15608-15743 to be precise, and kept consolidating.
Nifty on Monday 27-06-22
Just observe the blue lines and curves, it is an inverted head and shoulder and break out of the same has been confirmed on Friday 24th June...
NIFTY TODAY 17-06-22
Whole day Nifty was stuck between my zone 15369-15333 and lower side of my down trending channel, it tried breaking it twice but was in vain.
#POWER OF TECHNICAL ANALYSIS
NIFTY ON MONDAY 20-06-22
If you observe closely Nifty has formed a perfect Bear Flag Pattern - BLUE HIGH LIGHTED LINES.
Getting ready for the down slide. i was expecting the...
Hope the supply zone & median line of uptrending channel, helped you enter first and second trades respectively & the down moving trendline, helped you exit, on Friday, as per my 03 June 2022 analysis
Hello Traders,
+++++++++++
#Nifty-30/05/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of PWH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL)
_______________________
Happy Learning and Trading
Rules to fallow...
1) ...
Nifty is taking support from the support zone 17625-675.
It has closed just near the support zone and 200ema on 15 minute time frame and is taking resistance from 0.382 fib levels.
Support :- 17625, 17500
Resistance:- 17795, 17910
Market has consolidated and can go trending as the expire is also on Wednesday.
Wait for the price action near the levels before...
Head and shoulder break down in nifty and can crack more if it breaks its 50Ema on 15 minute time frame.
After 3 day, nifty has closed below its 20 EMA on smaller time frame.
Nifty has stretched a lot and can cool down tomorrow.
Support :- 17450, 17406, 17320
Resistance:- 17500, 17590
Wait for the price action near the levels.
![NIFTY: Simple Trade Setup | NIFTY | 18-04-2023 [INTRADAY]](https://s3.tradingview.com/j/jfWNVVLO_mid.png "Simple Trade Setup | NIFTY | 18-04-2023 [INTRADAY]")
