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 as predicted was bullish and can remain positive for tomorrow. It has closed above its 20EMA on a 15 mint time frame. Support:- 17450, 17320 Resistance:- 17500, 17595 Wait for the price action before entering into trade.
Nifty looks bullish as it has closed above the resistance level of 17320 and its 20ema. Market respected its 20 ema on 15 minute time frame and shooted in the second half of the day. There may be a gap up tomorrow as the closing seems. Support:- 17280, 17200. Resistance :- 17450, 17575. Wait for the price action near the levels, and look for a candlestick...
Nifty on multiple small time frame has been taking resistance from its 20ema. On an hourly time frame, nifty has closed just below the 20ema and is near its crucial support of 17190. Nifty is bit stronger than bank nifty. Market may consolidate before moving either side. Trade opportunity will be in the second half. #tradingworld
Nifty on hourly time frame closed above the crucial moving average. 50Ema will act as an immediate support. Key support:- 50EMA, 16145 Resistance :- 16410, 16500(round figure) Today's nifty was bullish and may continue a bullish movement once it breaks today's high and sustains above it.
Tuesday Trading Values:- Yesterday their was lot of movement the upward sized of Nifty value Yesterday's Nifty values : 17375 - 16839 Predicted Nifty value 17100 in upward & 16800 in downward So , yesterday morning nifty value has reached near the predicted value 16800 And the nifty's value still near 17100 till 1 p.m. From 1.p.m....
if the nifty value go upwards , the value might reach 17437 if the nifty value go downward , the value might reach 17030
Time to time update if the nifty value go upwards , the value might reach 17460 if the nifty value go downward , the value might reach 17139
if the nifty value go upwards , the value might reach 17611 if the nifty value go downward , the value might reach 17295
if the nifty value go upwards , the value might reach 17811 if the nifty value go downward , the value might reach 17313
Nifty 50 Value Time to time update if the nifty go upwards , the value might reach 17860 if the nifty go downward , the value might reach 17440
Nifty 50 today value if the nifty go upwards , the value might reach 17870 if the nifty go downward , the value might reach 17610
No point guessing where the market may move when we are going to have some highly volatile days ahead. (Fed, Budget, Results etc.) 1. As of now, NIFTY has Stronger Supports than Resistances. 2. 17000 is Technical + Psychological level and would be hard to break. If broken, we've important Supports at 16800/16725/16675 of which 16675 would be most important (App....
Nifty 50 setup today Nifty Range between 17242 - 18005
Nifty 50 value today Nifty Range between 17105 - 17500