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Niftytechnicals

Nifty Trade Plan for 13 DEC 2021Nifty Trade Plan for 13 DEC 2021 Expecting a gap up opening Nifty. In case Nifty opens above 17600 levels and if you get a chance to test R1 or Bullish Breakout zone of 17582 at opening and confirms a support, then we can expect upper resistance targets 17670 & above. In case 17680 taken out and sustains then we can expect 17820. Any resistance from Breakout T1 & T2 at opening we can look for possible shorting opportunity and expect Nifty to test R1 & may be PDH.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Plan for 18 NOV 2021Nifty Trade Plan for 18 NOV 2021 Expecting Nifty to open flat to small gap down today. Nifty had taken good support at previous virgin CPR levels,if that is compromised we can expect Nifty to test out 17800 levels once and find reversals from there. In case if we find some support around 17800-17840 levels we can expect Nifty to again test out CPR levels so we can have a long opportunity. In case of CPR taken on the upside, yesterday CPR will act as a resistance. Expecting Nifty to be in a range bound today being expiry.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Setup for 17 NOV 2021Nifty Trade Setup for 17 NOV 2021 Nifty looking weaker by closing below next day CPR levels in yesterday session. Expecting a flat to small gap down opening. If previous day low is compromised then the first support is around the bearish Breakout zone of 17900 and then if that is taken out we can expect 17800 to be tested. To go long today only if CPR is taken out on the upside then we can expect Bullish Breakout zone of 18100 to be tested.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Plan for 15 NOV 2021Nifty Trade Plan for 15 NOV 2021 Nifty made beautiful reversal from the monthly pivot in the previous trading session and gave us a good long opportunity and managed to close above the 18100 levels. Nifty has formed a wider CPR on intraday time frame and hoping to be in a range today. In case Nifty opening gap up, we have resistance around 18162-18185 levels. If resistance is confirmed around these zones after opening we can go for possible shorting opportunity and we can expect Nifty to previous day closing of 18102. In case Nifty opens flat and previous session high is taken out on upside with support confirmation we can expect Nifty to test 18180 levels. On the higher side 18222 is strong resistance from Virgin CPR . In case if Nifty opens flat and test CPR and bounces back again above 18043 then we can again go long with target of Previous day high.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Plan for 01 NOV 2021Nifty Trade Plan for 01 NOV 2021 Nifty likely to have a small gap up opening. The first Key resistance to watch out is 17755, it that support holds good we can expect to retest 17858. If 17858 is taken on upside we can expect possible retest of Previous Virgin CPR levels of 17940 levels. On the lower side, in case if 17588 is compromised then we can possibly look for shorting opportunity with first target being 17505 and then if that is compromised then we can expect lower targets as marked on charts.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Plan for 26 OCT 2021Nifty looks bullish with a Narrow CPR and managed to close above the CPR and 18100 levels. In case if Nifty opens flat to small gap up, any pull back to CPR and holds good we can go long with SL below Bullish reversal and sit for first target of 18200 and then if that is taken out we expect 18275. In case of Bullish Breakout 18275 taken out we can expect 18450 levels to be tested. I would prefer to short only if Bearish Breakout of 17975 forms a good resistance confirmation.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Plan for 05 OCT 2021Nifty Trade Plan for 05 OCT 2021 Nifty likely to open gap down. The immediate support for Nifty is around 17543, if that is compromised there is a very good support around 17506 levels. Any support around these we can expect Nifty to again bounce back. In case if this support is compromised we can expect Nifty to again test 17440 and lower levels. In case if Nifty sustains above 17500 then we can expect Nifty to again test out 17600 & 17700 levels.
NSE:NIFTY
by RaviChandran_Rajkumar
2
Nifty Trade Plan for 04 OCT 2021Nifty Trade Plan for 04 OCT 2021 Nifty traded in a very narrow range in the last session and managed to close above crucial support of 17500 levels. Nifty likely to open flat today to small gap up. 17500 is a strong support for Nifty & any support confirmation on opening we can expect Nifty to again go for retest for Previous session high & if 17560 taken on upside we can expect Bullish Breakout & possible higher targets are marked on chart. Asian markets on opening today showing some weakness. So expecting Nifty to be again range and if CPR gets compromised we can expect Nifty to again test Previous session low & possible Target 1 & Target 2 & extended target of 17300 levels.
NSE:NIFTY
by RaviChandran_Rajkumar
1