As we stated in last day's analysis on Nifty that it may see some pressure near 18k zone that clearly what we saw today. Now moving ahead price will face some resistance on 18k area again while support on the downside is 17600. However if Nifty manages to clear 18000 then it can can go to 18200 - 18320.
Nifty Trade Plan for 02 NOV 2021 Expect a possible gap up opening in Nifty. 18030 is the first resistance to watch out and then 18071 is the Breakout zone for Nifty if that is taken out then we can expect 18200 levels to be tested. In case of gap up opening and retest to 18000 or to yesterday's closing price is again a buying opportunity. 17860 is a strong...
Nifty 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...
Nifty looks bullish closing above the next day CPR levels. Expecting a small gap up opening in Nifty. Any pull back to CPR - 18200 support would be good opportunity to go long and sit for targets of 28330, 18385 and if that is taken out we can expect higher targets as identified on charts. In case of gap up, if Bullish Breakout 18385 is compromised on upside we...
Nifty 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...
Nifty Trade Plan for 22 OCT 2021 Expect a gap up opening in Nifty Narrow CPR today, After gapup opening 18270 is the first resistance to be watched out. If that is taken out successfully then we can expect 18363. If Break out confirmed we can expect 18500 levels. In case of any reversal and CPR will be a buying opportunity.
Nifty Trade Plan for 21 OCT 2021 Nifty expected to open flat to small gap up. Check out the levels and trade plan as published on the chart.
Nifty Trade Plan for 11 OCT 2021 If Bullish Reversal provides support & CPR taken out upside we can expect PDH will be possible first target and if taken out we can expect new highs. If Break out is confirmed we can possibly expect Nifty to test Target 2 & even Extended Target Zone at lower support zone
Nifty 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 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...
Nifty closed on a bearish note today. Global parameters looks bearish. In case Nifty opens flat then Bearish Reversal zone of 17661 is a strong resistance and we can go short. In case of 17575 getting compromised we can again expect Nifty to go and test 17531 & lower Target 1 & Target 2. Nifty looks to be sell on rise tomorrow. Once 17704 is taken on upside...
Nifty formed an inside day setup up today and we can expect good moves in coming days. The first resistance to watch out for Nifty would be PDH, once that is taken out we can expect it test out Bullish Breakout zone and that compromised on upside we can expect possible target 1 & Target 2. In case if CPR is getting compromised we can expect Nifty to test out...
Expect Nifty to open gap down. Global weakness witnessed in the last trading session and expecting nifty to open gap down. On opening we can expect possible support around 17650 levels, if that is compromised we can expect Bearish Breakout zone 17564 to the tested. If break out confirmed then we can expect Target 1 & Target 2 to be tested. Even that is...
Nifty Trade Plan for 28 Sep 2021 Yesterday Nifty closed well below the next day CPR and little narrow CPR today. CPR shoud act as a resistance and if taken out we can expect resistance around 17894. In case if Bearish Reversal zone is taken out on upside we can expect Bullish Beak out zone - 17933 to the tested again and if that is taken out we can expect even...
Nifty expected to open gap up. Being narrow cpr we can expect some good moves today. The first resistance to watch out would be 17660 levels, if that is taken out on the upside we can expect higher targets. Any resistance around these we can expect to test Bullish breakout zones. Today being expiry we can expect moves on either side. If Bullish Break Out zone...
Nifty likely to open flat to small gap up. Nifty closed on bearish note and the global parameters still showing some selling pressure. Nifty is at decent support and CPR should act as a strong resistance for Nifty. watch out for 17468 as a good resistance and any resistance confirmed around these is again a selling opportunity in nifty today. In case of Bullish...
Nifty expected to open gap up. Nifty likely to open around 17670 levels If this Bearish Reversal zone is taken out on opening we can expect the first resistance around 17703 levels. In case if this bullish Breakout zone of 17703 holds good and sustains we can expect possible Target 1 & Target 2 today. In case if 17670 gives some resistance then we can expect...
Nifty likely to open gap up. Any support getting confirmed around 17480 levels is a buying opportunity with Sl below the CPR and our first target would be 17560. If 17560 resistance is taken out we can expect Nifty to test 17600 and if that is taken out we can sit for Target1 & Target 2. Any rejection around 17600 we can expect Nifty to be in a range.