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.
Niftytomorrow
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.
Nifty - View & Intraday Levels for - 09 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BULLISH
Nifty was trading in Range today when Banknifty was Strong. We can expect Flat/Small Gap down open, We can look for long entry above 18590. The Targets are 18625 / 18658 / 18670
Any breakout above 18670 we can expect - Target 1 & 2 levels in Nifty.
Incase any weakness and closes below, 18560 BEARISH trend will continue.
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 01.12.2022Nifty is standing just inside a strong resistance zone of 18753 to 18820.
if nifty moves above 18820 then it may also cross 18888 and may reach 18944.
between 18944 to 18998 is an Extremely strong resistance.
if nifty crosses over 18998 then it may reach to the level of 19053.
if nifty moves down below 18753 then it may also cross 18700 and may reach to the level of 18651.
if nifty moves down below 18651 then it may take support on 18599.
If nifty crosses down 18599. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 19053 tomorrow and reach higher levels.
Nifty - View & Intraday Levels for 29 Nov 2022Nifty Intraday levels for Tomorrow..
Today Nifty tested ATH 18604, but couldn't sustain above the level, however Nifty aligned with Positive note but at this level we can expect some consolidation before the next move.
Any breakout above 18614, we can expect rally continuation and 18700 will be tested. If 18514 is compromised we can expect lower levels. Mostly its going to be volatile day tomorrow.
At Buyers zone we can look for BUY entry and SELL entry at Sellers area.
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 28.11.2022Nifty is standing just below a strong resistance zone of 18547 to 18599.
Nifty is standing just below a strong resistance zone of 18547 to 18599.
between 18700 to 18753 is an Extremely strong resistance.
if nifty crosses over 18753 then it may reach to the level of 18820.
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 18820 tomorrow and reach higher levels.