Nifty spot chart analysis for 16.01.2023Nifty is standing just below a strong resistance zone of 17976 to 18020.
if nifty moves above 18020 then it may easily cross 18067 and may reach to the level of 18111.
if nifty crosses over 18111 then it may also cross 18160 and may reach to the level of 18210.
if nifty moves down below 17926 then it may also cross 17880 and may reach to the level of 17829.
if nifty moves down below 17829 then it may take support on 17780.
If nifty crosses down 17780. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 18210 AND REACH TO THE HIGHER LEVELS.
Niftytomorrow
Nifty - View & Intraday Levels for - 12 Jan 2023Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment - Flat Open around 17900 and BEARISH Reversal expected from 17930 / 17970 levels. Being Expiry tomorrow more volatility is expected on either side.
I still see Negative sentiment in Nifty , so only SELL on raise mode tomorrow since the Major trend is BEARISH .
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty spot chart analysis for 09.01.2023Nifty is standing just above a strong support of 17829.
if nifty moves above 17880 then it may reach to the level of 17926.
between 17926 to 17976 is an Extremely strong resistance.
if nifty crosses over 17976 then it may also cross 18020 and may reach to the level of 18067.
if nifty moves down below 17780 then it may also cross 17731 and may reach to the level of 17684.
if nifty moves down below 17684 then it may take support on 17635.
if nifty moves down below 17684 then it may take support on 17635.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 18111 AND REACH TO THE HIGHER LEVELS.
Nifty - View & Intraday Levels for - 05 Jan 2023Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment - Flat / Small Gap up Open from Close and BEARISH Reversal from CPR 18102.
Currently Nifty is trading below monthly CPR and there was strong rejection today which indicates the BEARISH move in the upcoming days.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - View & Intraday Levels for - 04 Jan 2023Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : Moderately BULLISH / Positive Sentiment - Flat Open and BULLISH Continuation from CPR.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty spot chart analysis for 02.01.2023Nifty is standing just inside a strong support zone of 18111 to 18067.
Nifty is standing just inside a strong support zone of 18111 to 18067.
between 18210 to 18259 is an Extremely strong resistance.
if nifty crosses over 18259 then it may also cross 18302 and may reach 18349.
if nifty moves down below 18067 then it may also cross 18020 and may reach to the level of 17976.
if nifty moves down below 17976 then it may take support on 17926.
If nifty crosses down 17926. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18349 tomorrow and reach higher levels.
Nifty spot chart analysis for 29.12.2022Nifty is standing just below a strong resistance zone of 18160 to 18210.
if nifty moves above 18210 then it may also cross 18259 and may reach 18302.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach 18444.
if nifty moves down below 18111 then it may also cross 18067 and may reach to the level of 18020.
if nifty moves down below 18020then it may take support on 17976.
If nifty crosses down 17976. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18393 tomorrow and reach higher levels.
Nifty - View & Intraday Levels for - 29 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BIG Gap Up Open - Short Covering Fall / Sideways
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - View & Intraday Levels for - 27 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BULLISH / Positive Sentiment = BEARISH Reversal from Trend line resistance is possible.
Nifty broke the higher timeframe trend line support, which is a clear sign of Down trend and it can go upto 17200 level. Now its taking Trend line retracement resistance.
Even though BULLISH rally in nifty today, the major trend is Bearish. So possible reversal is expected in Nifty. Since we have strong resistance in Nifty at 17990-18100 level.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty spot chart analysis for 26.12.2022Nifty is standing just below a strong resistance of 17829.
if nifty moves above 17829 then it may also cross 17880 and may reach 17926.
between 17926 to 17976 is an Extremely strong resistance.
if nifty crosses over 17976 then it may also cross 18020 and may reach 18067.
if nifty moves down below 17780 then it may also cross 17731 and may reach to the level of 17684.
if nifty moves down below 17684 then it may take support on 17635.
If nifty crosses down 17635. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18067 tomorrow and reach higher levels.
Nifty - View & Intraday Levels for - 23 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment = Sideways to BEARISH
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - View & Intraday Levels for - 22 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : Moderately BEARISH / Negative Sentiment = Sideways to Bearish move
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty spot chart analysis for 22.12.2022Nifty is standing just below a strong resistance of 18210.
Nifty is standing just below a strong resistance of 18210.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach to the level of 18444.
if nifty moves down below 18160 then it may also cross 18111 and may reach to the level of 18067.
if nifty moves down below 18067 then it may take support on 18020.
If nifty crosses down 18020. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18547 tomorrow and reach higher levels.
Simple Trade Setup | NIFTY | EXPIRY [22-12-2022 INTRADAY]NSE:NIFTY
Trade Setup for 22-12-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Nifty - View & Intraday Levels for - 21 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : Moderately BULLISH / Positive Sentiment = Moderately BULLISH to Sideways
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - View & Intraday Levels for - 20 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : Moderately BULLISH / Positive Sentiment = Moderately BULLISH then reversal
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - View & Intraday Levels for - 19 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment = Moderately BEARISH
Flat / Small Gap up Open is expected in Nifty, Still Nifty is BEARISH mode so we can expect small range market before it go down. we can look to short 18400, 18360 levels for lower Targets.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty spot chart analysis for 19.12.2022Nifty is standing just above a strong support of 18259.
Nifty is standing just above a strong support of 18259.
between 18393 to 18444 is an Extremely strong resistance.
if nifty crosses over 18444 then it may also cross 18493 and may reach to the level of 18547.
if nifty moves down below 18259 then it may also cross 18210 and may reach to the level of 18160.
if nifty moves down below 18160 then it may take support on 18111.
If nifty crosses down 18111. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18547 tomorrow and reach higher levels.
Nifty spot chart analysis for 13.12.2022Nifty is standing just above a strong support of 18493.
if nifty moves above 18493 then it may also cross 18547 and may reach 18599.
between 18599 to 18651 is an Extremely strong resistance.
if nifty crosses over 18651 then it may also cross 18700 and may reach 18753.
if nifty moves down below 18493 then it may also cross 18444 and may reach to the level of 18393.
if nifty moves down below 18393 then it may take support on 18349.
If nifty crosses down 18349. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18761 tomorrow and reach higher levels.