Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “The odd man out today was NiftyIT, which did not want to participate in the rally and instead went the other way. It ended the day with a loss of 204 points.” 4mts chart NiftyIT again shows its rebel attitude today, on a flattish day - NiftyIT losses 291 points ~ 0.77%. I am not suggesting that a...
Please find below simple resistance and support: Resistance: 22440 If crossed up then will see upward move as follows: T1: 22581 T2: 22669 Support: 22350 If crossed down then will see downward move as follows: T1: 22229 T2: 22142 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO...
Nifty created a good range at top which may acts as supply. So don’t plan aggressive buying
As we discussed yesterday, NIFTY has been taking resistance at the resistance trendline and resulted sideways. If we look at the chart now: The market is trading at the Resistance trendline. The market has been in a range bound in (22350-22470). Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the market needs some...
Good morning, friends! Here are the directions for March 4th: The global market trend is still moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +70 point. Nifty has a consolidation structure around the...
NIFTY Intraday Trade Setup For 4 Mar 2024 Bullish-Above 22470 Invalid-Below 22420 T- 22655 22840 Buy_2- From 22200 Invalid-Below 22150 T- 22500 NIFTY has closed on a slight bullish note with 0.75% gain last week. Friday's candle seems to be a strong bullish candle which has taken out last 7 day's range. We are likely to a parabolic up move or 90 degree angle...
Saturday was a special trading session, Nifty opened above 22400 and that morning high was the day high. For tomorrow, buy Nifty if sustains above 22450 for the targets of 22490 and upper marked levels. On the other side, if Nifty breaks 22320 on the downside, we may see 22280 and below marked levels on the chart. Expectations: Trending Day Intraday Levels: Buy...
Bullish On-Neck Pattern is visible on the weekly chart of NSE:NCC The stock is making higher high which indicated a breakout on the upper side. MACD is in positive zone on daily, weekly and monthly time frame. Entry and Exit levels are mentioned on the chart. Disclaimer: This is for educational purpose only.
As we discussed NIFTY's bullish behavior in our last analysis, the Market (NIFTY) moved up 280 points. If we look at the chart data: The Market is trading at the resistance trendline zone. Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the Market needs some correction or consolidation at this point. Also, the Market is in...
NSE:NIFTY Trade Setup for 04-03-2024 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...
Sell Nifty @ 22450 - 22400 with the SL of 22520 for big downside targets. Risk Reward looks great at these levels. Sell Nifty: 22450 - 22400 SL: 22520 Targets: 22142, 21980, 21870, 21635 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Intraday traders sell Nifty @ 22325 - 22335 with the SL of 22370 for the marked targets on the chart with white line. Sell Nifty: 22320 - 22330 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
"Good morning, friends! Here are the directions for March 1st: The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bearish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +40 point. Nifty closed +30 points with a range-bound structure...
As we discussed with NIFTY yesterday, NIFTY took support at 21900. and then become bullish. If we see the chart data now: The market is trading just above the 200 EMA after taking good support at 21900. The last two candles have been very volatile, with huge volumes in them, which indicates that nifty is going to be in upcoming sessions. RSI is trading at...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “If Nifty50 had broken the 21913 today, we would have changed the stance from bullish to bearish right away. Hence we are going with a neutral stance tomorrow and would immediately go bearish if we have a gap down opening or sustained trades below the 21913 after the opening hour” 4mts chart One of the...
The FASP for Nifty is listed for 01-03-2024. 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...
NIFTY Intraday Trade Setup For 1 Mar 2024 Bullish-Above 22100 Invalid-Below 22050 T- 22305 22510 Bearish-Below 21850 Invalid-Above 21900 T- 21658 21429 NIFTY has closed on a slight bullish note with 0.14% gain today. It was a complete random day where it closed almost flat with some bullish bias. Moves were random with big spikes. Tomorrow 22090 can be a...
"Good morning, friends! Here are the directions for February 29th: The global market is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bearish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +50 point. Nifty fell drastically in the last session; however,...