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.
Niftytomorrow
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.
Nifty - View & Intraday Levels for 24 Sep 2022Nifty Intraday levels for Tomorrow..
Global cues and SGX indicates Gap up Open above 18300, any close above 18311 or sustains above we can expect 18347 Target 1 will be tested.
Any close below 18280, 18220 is the target on down side if that is compromised we can expect lower targets.
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance 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 21.11.2022Nifty is standing just under a strong resistance zone of 18302 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
Nifty - Intraday Levels for 21 Nov 2022Nifty Intraday levels for Tomorrow..
Nifty negatively aligned but the sentiment has changed to Positive, meaning BULLISH rally is expected in Nifty.
We have support at 18320, incase if this is compromised we can expect down move, but tomorrow expecting Flat / small gap up open above 18350. So morning Nifty may trade in range between 18350 - 18280 then breakout is expected on higher side. Any close above 18410, we can expect 18600 Mark very soon.
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance 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 15.11.2022Nifty is standing just under a strong resistance zone of 18349 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
NIFTY 50 TECHNICAL ANALYSIS ( ELLIOT WAVE ) 14/11/2022nifty currently forming converging triangle
we can short nifty with stoploss above the upper trend line
we can expect a target of 18000 or the bottom trend line
This analysis is just for Educational purposes
Our team is not responsible for any kind of Profits or Losses made
Nifty spot chart analysis for 14.11.2022Nifty is standing just under a strong resistance zone of 18349 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.