Nifty levelsNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
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#NiftyGood morning! As of June 8th, the global market indicates a neutral to slightly positive start, with moderately bullish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, that's a sign of sub-wave 3rd continuation. If it rejects around the major key resistance zone, we can expect a 4th minor correction and a 5th pullback wave. Once the 5th wave is complete, we can expect a correctional (abc) structure. If you want additional confirmation, then use EMA 20 and fib 38% level. If it breaks EMA 20 and the fib level of 38%, that's a sign of a trend reversal.
Nifty levelsNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
#NiftyGood morning! As of June 7th, the global market indicates a neutral to slightly positive start, with moderately bullish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, that's a sign of sub-wave 3rd continuation. If it rejects around the major key resistance zone, we can expect a 4th minor correction and a 5th pullback wave. Alternatively, if it initially declines and breaks the trend reversal zone, we can anticipate a correction continuation.
Nifty levelsNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
#NiftyGood morning! As of June 6th, the global market indicates a neutral to slightly negative start with moderately bearish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, we can expect the sub-wave 5th (impulse) with minor consolidation. Alternatively, if it initially declines, we can anticipate a range market correction.
Nifty levelsNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
#NiftyGood morning! As of June 5th, structurally, there have been no significant changes. The global market indicates a positive start with bearish market sentiment. It might open with a gap-up. If it sustains, we can expect consolidation for pullback continuation. Alternatively, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range.
#Nifty"Good morning! As of June 2nd, the global market indicates a positive start with bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect consolidation for pullback continuation. On the other hand, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range."
Nifty levelsNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
Wishing you success in your trading activities!
#Nifty"Good morning! As of June 1st, the global market indicates a negative start with moderately bearish market sentiment. There may be a gap-down start initially. After that, if it takes a pullback around the Fib level of 61%, we can expect the range market to continue pulling back. On the other hand, if it breaks a major key zone(38%), that is a sign of correction continuation."
FASP levels for Nifty 01/06/2023The FASP for Nifty is listed for 01-06-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Nifty negative divergence & tweezer top Nifty close below its tweezer top candles low & negative divergences also play its role. Now, tomorrow is expiry & USA voting for debt celling & it's result out by tomorrow morning before opening of our markets between 7am-8am. Let's see how market behave on those results if something negative outcomes then we can see sell off below 18460 levels
Nifty levelsNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
Wishing you success in your trading activities!
#NiftyGood morning! As of May 31st, the global market indicates a negative start with a moderately bullish market sentiment. There may be a gap-down start initially. Structurally, it might form as a flat correction. So, if the correction finds support around the major key zone, we can expect a bounce back. On the other hand, if it breaks a major key zone, that is a sign of correction continuation with minor pullbacks.
Nifty levelsNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
Wishing you success in your trading activities!
#Nifty"Good morning! As of May 30th, the global market indicates a negative start with a moderately bullish market sentiment. There may be a neutral start initially. Structurally, the consolidation indicates a bullish formation, thus suggesting a high probability of rally continuation. On the other hand, if it declines initially, we can expect a minor correction."
FASP levels for Nifty 30/05/2023The FASP for Nifty is listed for 30-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Nifty Trade 30-05-2023This is an educational idea only, do not take it as investment advice.
If Nifty continues to rise above the 18640 level, there are chances we can see it above 18850.
If Nifty continues in the range bound between 18505 and 18580, this can be a sideways market.
If Nifty drops below 18508 and fails for range bound, then we can see it up to 18460.
Guys! mark these levels and trade these levels.
Let us connect and discuss more possibilities on day to day basis.
Nifty levelsNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
Wishing you success in your trading activities!
#NiftyGood morning! As of May 29th, the global market indicates a positive start with a bullish market nature. The SGX Nifty indicates a long gap-up, so we don't know exactly where it will open. Structurally, it's a strong bullish market. If it breaks the major key zone, we can expect a rally continuation. On the other hand, if it declines at the start, we can expect a minor correction. It could possibly indicate a rally continuation. Due to the trend, market consolidation will mostly follow the trend. Therefore, if it experiences a minor correction (within the Fibonacci level of 38%), we can expect a rally continuation in the upcoming sessions.
FASP levels for Nifty 29/05/2023The FASP for Nifty is listed for 29-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Nifty - Prediction & Intraday Levels for - 29 May 2023Nifty View:
Nifty is strongly BULLISH, however some pull back is expected upto 18400 where we have trend line support and Demand zone from there Rally will continue on the upside.
Tomorrow Gap up then BEARISH move is expected to test 18400.
Incase of strong close below 18350 we can see Downside move.