Nifty will be gap Up opening in today's session. After opening nifty sustain Above the 17850 level and then possible upside rally up to 17950 in today's session. in case nifty trades below the 117820 level then the downside target can go up to the 17730 level.
NIFTY Intraday Trade Setup For 21 Feb 2023
Buy-Above 17865
Sl-17815
T-17940 18000'
Sell-Below 17815
Sl-17865
T- 17760 17700
NIFTY has closed negative note with 0.56% cut today. It has closed near day low like last day. So below today's low bearish sentiment will continue again. Today it opened and buy triggered above 17955 and hit 1st target 18000. After...
The FASP for Nifty is listed for 21-02-2023. 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 respected the levels mentioned in analysis yesterday. there is significant Put buildup and we could see a short covering rally, particularly in 2nd half on account of finnifty monthly expiry. going by finnifty OI data, finnifty could close between 18300-18350 ie over 50-100points up. this indicates a good short covering possibility hence nifty could once...
Nifty View and Levels for Tomorrow
BEARISH with Negative Sentiment. More Down move is expected.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty on the daily time frame has closed below the inclined trend line. If it crosses and starts trading below 17800 levels market has test the recent low.
On the hourly time frame, the market has consolidated in the last hour after a fall forming doji. The market is showing bearish sentiments.
There is a bearish moving averages cross over, on 15 minutes charts,...
Nifty Trading Levels For Tomorrow Trading Session
Resistance 18000-18050
Towards Target of 18100
With SL of 18020
Support 17820-17800
Towards Target of 17730
With SL of 17830
NSE:NIFTY levels for tomorrow based on fresh and previously important support resistance areas,
- please wait for candle close on levels for retest/breaking of the level for next direction.
Expectations for Tomorrow: Volatile day
Intraday Levels:
Buy Above - 18010
Sell Below - 17850
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
My Predictions for Nifty Movement ...
Though Nifty has shown uptrend in short term time frame (15 and 5 Mins ) , but the downward trend continues on daily and Weekly chart as the previous swing failed to break out the LH on 23 Jan 2023. Hence while keeping both small time frame trend and daily time frame in view and the technical analysis , I predict today's...
Nifty will be slightly up opening in today's session. The expected opening above the 17950 level and the 17950 to 18000 level is the consolidation range and if nifty breaks the 18000 level this level then the possible upside go up to 18100+ in today's session. in case nifty trades below the 17950 level than possible downside rally up to 100-200 points.
"SGX Nifty indicates a positive start, but the market nature is moderately bearish. It may start with a gap-up. If the market sustains, we expect a minimum 50% to 61% Fib level pullback. If it rejects that pullback, then we expect a correctional wave. On the other hand, if the market declines initially, we expect consolidation before a correction."
NIFTY Intraday Trade Setup For 20 Feb 2023
Buy-Above 17955
Sl-17905
T- 18005 18050
Sell-Below 17880
Sl-17930
T- 17820 17760
NIFTY has closed on a slight bearish sentiment with 0.51% cut on Friday. Weekly candle is almost sideways and is between the range of 18200-300 and 17700. This range has been valid since last 2 Months. This week's high - 18135 is...
Nifty on the weekly time frame has formed another doji and took rejection from 50% fibonacci level. The market crossed the 18k levels but couldn't sustain above the levels and closed near 17950 levels.
The market has closed above the 20 ema on weekly charts and it taking support form an inclined trend line.
The market has retested the daily 20 ema and formed a...
Nifty has given a breakout from the downwards trendline after taking support from the trendline joining covid lows and swing low of 15183. It has retested that trendline and took support at that trendline which was also the breakout of the ascending triangle at 17910-17940. It formed a good W pattern in 15 min in this area and moved up but the bullish view would...
Nifty Coming Week - Trending move is expected.
Trading Range between 18150 & 17730, Nifty looks still bullish we have strong support at 17800 & 17730 level from here we can expect upmove in Nifty.
If incase any weakness and closes below 17700, we would see 17600 which will be tested.
Tomorrow (Monday) - BEARISH with Negative Sentiment - If any gap up open and...
