The FASP for Nifty is listed for 23-02-2023. 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...
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...
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.
Nifty - BEARISH Bias but Panic selling happened - Mostly Long unwinding move due to Monthly expiry
Tomorrow being expiry day sideways/volatile move is expected, if sustains above 17619 - 17688 will be tested and if that breaks 17800 could be possible.
Incase of weakness and trades below 17530 - 17400 and lower targets are possible
Nifty is approaching the demand zone. So wait for the correct entry. We can easily take 200-500 points with good risk-to-reward trade. Pro traders wait for the price to be approached near the area of value. Any bullish signal or price action movement with the combination of RSI will take a long entry. This is for your educational purpose only. will
Nifty Trading Levels For Tomorrow Trading Session
Resistance 17900-17930
Towards Target of 18000
With SL of 17900
Support 17530-17500
Towards Target of 17430
With SL of 17530
expecting a gap down opening around 17775. i am not seeing much of a call side action, but expect nifty to test 17800 levels before falling. the expected targets are 720/670. in case there is an opening sustaiing above 17820 on 15 min time frame with retesting atleast in 5 min time frame then a small quantity CE can be looked at for target of 17850/17890.
A huge volatility contraction is witnessed at the Nifty February contract. As shown in the chart image on breaking 17734.30 levels buying put options will be profitable.
"The global market is expected to start with a negative tone, as the overall sentiment is moderately bearish. There may be a gap-down at the beginning of the trading session. If the market takes a pullback around HDZ, we could see a minimum 23% to 38% Fibonacci retracement. On the other hand, if the gap-down sustains around the HDZ, the market could experience...
Nifty will be gap down opening in today's session. After opening nifty sustain below the 17800 level and then possible downside rally up to 17720 in today's session. in case nifty trades above the 17850 level then the upside target can go up to the 17930 level.
Expectations: Trending day
Intraday Levels:
Buy Above - 17920
Sell Below - 17760
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NIFTY Intraday Trade Setup For 22 Feb 2023
Buy-Above 17856
Sl-17805
T-17930 18000
Sell-Below 17800
Sl-17850
T-17719 17645
NIFTY has closed on with a neutral sentiment with less than 20 points cut today. Today it opened opened slight gap up and took support from PDC and bounced completely. Buy triggered above 17865 and made a high of 17924, close to 1st target....
The FASP for Nifty is listed for 22-02-2023. 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 has formed another negative candle and closed below the 20 ema. The market took support around 17800 levels.
On the hourly time frame, the market tried to trap the bullish trades. It took resistance from the moving average and reversed giving a nice bearish trade. There is a bearish moving averages crossover also.
The market remained in a 100 points range...
Nifty - Still BEARISH with Negative Sentiment
Tomorrow if any gap up or flat open, at supply zone 17870 is where we can take SELL entry. another SELL entry points are 17851 & 17800 below. Targets 17800/17758/17700 and below
BUY - Bullish expected only if Nifty sustains above 17895, if that is the case 17950/18000 will be tested.
Nifty Trading Levels For Tomorrow Trading Session
Resistance 17900-17930
Towards Target of 18000
With SL of 17900
Support 17830-17800
Towards Target of 17800
With SL of 17870
Break out and Break Down Range for Nifty on 21.02.2023 , 17830 to 17900 .
Buy above 17900 for targets as 17960 and 18000, though it seems to be a rare possibility. Sell below 17820 for targets 17790 ,17740 and 17720 . 17740 to 17720 is high resistance area and we may see reversal from 17720 , and thereafter we may see a range movement.
My prediction is as...
![NIFTY: Simple Trade Setup | NIFTY | 23-02-2023 [INTRADAY]](https://s3.tradingview.com/s/SmL8GEM2_mid.png "Simple Trade Setup | NIFTY | 23-02-2023 [INTRADAY]")
