NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...
Dear All, As we had mentioned in our Yesterday's Morning Mantra that Nifty is now ready to taste the level of 16800 , the same was accepted by the market itself. As even after a beautiful gap up opening and a high of 17211.35 , Nifty had once again failed to sustain the level of 17180 . Well as of now, we will have to keep patience and watch for ...
NSE:NIFTY Trade Setup for 23-12-2022 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...
NSE:NIFTY Trade Setup for 13-10-2022 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...
NSE:NIFTY Giving you some more bigger range of levels. Trade Setup for 10-10-2022 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...
Hello Traders, Welcome to SriTrader5121 Nifty-23/09/2022-Levels If market open as a GAP-UP and moves to UP-Side then BUY with the Support of PDH and SELL with the Rejection of S@1. (or) If market open as a GAP-UP and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
NSE:NIFTY Trade Setup for 05-09-2022 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...
Nifty after a gap down travelled even below to the level on 16350, filling the gap and retracing back to the support of 16400. Market has closed below its 20 DMA and on and hourly time frame there is bearish moving averages cross over. Price is just traveling around the moving averages. Support:- 16400, 16300 Resistance:- 16480, 16640 Market can remain in red...
After witnessing continuous selling in the forenoon session, the market offered a pleasant surprise when it went past 16100 and closed near to 16200. While the rally was fueled by strong shorts booking their profits and weak ones covering their losses, the move from the days low to the close can be viewed as mildly positive. While Bank Nifty managed to break its...
NSE:NIFTY Trade Setup for 18-05-2022 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...
Nifty is taking support from the support zone 17625-675. It has closed just near the support zone and 200ema on 15 minute time frame and is taking resistance from 0.382 fib levels. Support :- 17625, 17500 Resistance:- 17795, 17910 Market has consolidated and can go trending as the expire is also on Wednesday. Wait for the price action near the levels before...
The market has gained 4% in the month on march. Nifty has crossed the resistance level of 17500 and has closed at 17670. Support:- 17800, 18120, 18320 Resistance:- 17500, 17425, 17320 Nifty has a lot of support on a smaller time frame tha will resistance a huge and sudden fall in the markets. Wait and watch for the price action near the levels before entering...
Head and shoulder break down in nifty and can crack more if it breaks its 50Ema on 15 minute time frame. After 3 day, nifty has closed below its 20 EMA on smaller time frame. Nifty has stretched a lot and can cool down tomorrow. Support :- 17450, 17406, 17320 Resistance:- 17500, 17590 Wait for the price action near the levels.
Nifty as predicted was bullish and can remain positive for tomorrow. It has closed above its 20EMA on a 15 mint time frame. Support:- 17450, 17320 Resistance:- 17500, 17595 Wait for the price action before entering into trade.
Nifty looks bullish as it has closed above the resistance level of 17320 and its 20ema. Market respected its 20 ema on 15 minute time frame and shooted in the second half of the day. There may be a gap up tomorrow as the closing seems. Support:- 17280, 17200. Resistance :- 17450, 17575. Wait for the price action near the levels, and look for a candlestick...
Nifty on multiple small time frame has been taking resistance from its 20ema. On an hourly time frame, nifty has closed just below the 20ema and is near its crucial support of 17190. Nifty is bit stronger than bank nifty. Market may consolidate before moving either side. Trade opportunity will be in the second half. #tradingworld
On 1 hour time frame nifty is taking support at its 20ema. The market may consolidate near the 20 Ema or fall further. Support:- 17100, 17000-17030 Resistance:- 17321, 17500 Wait for the price action near the trend line.
Nifty on hourly time frame closed above the crucial moving average. 50Ema will act as an immediate support. Key support:- 50EMA, 16145 Resistance :- 16410, 16500(round figure) Today's nifty was bullish and may continue a bullish movement once it breaks today's high and sustains above it.