"Good morning! As of September 7th, there is no significant difference compared to the last session; the global market sentiment is negative (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a neutral to slight gap-down. Structurally, it is a range-bound market, so we can expect some consolidation. We can...
Price is exactly closed in the previous strong fall area.
At the end of the session, the price is showing strong bullishness.
In this bullishness, if buyers exit their positions at this zone...tomorrow it is bearish, continue its move downside.
If this is a bull's continuous move, it will continue upwards and test the bearish gap.
will see in the next session what...
Nifty Analysis
Recap from yesterday: For tomorrow I continue to maintain the bullish stance unless 19450 is broken.
Nifty opened inline today and held its ground till 09.40 after which it started falling. The fall was not quick or scary but gradual and steady. We dropped 112pts ~ 0.58% by 13.35 and went down till 19491 from where we got a massive...
Current Price (CMP): 19611
Resistance: 19644
Support: 19594
Upside Targets: 19679 and 196 (after a break of Resistance)
Downside Targets: 19530 and 19492 (after a break of Support)
Execution: Only execute trades after a clear break and close above or below the Resistance or Support levels on a 15-minute candlestick chart.
Stop Loss: Place stop-loss orders...
Nifty gave a nice move and the last hour candle gave a nice up move after showing some selling in the market.
There is a bullish engulfing candle on the daily charts and market is looking bullish as it has closed near day's high.
On the hourly time frame, the market tested the 20 ema and closed above both the moving averages. The volume of the last hour are...
NIFTY Intraday Trade Setup For 07 Sep 2023
Bullish-Above 19640
Invalid-Below 19590
T- 19735 19820
Bearish-Below 19490
Invalid-Above 19540
T- 19398 19305
NIFTY once again closed on a slight positive note with 0.18% gain today. It was updated that NIFTY has closed above 19500 in daily TF after 1 month and called it slight bullish. It is inching higher like a...
Nifty Idea
#Current Price- 19618
#Resistance- 19644
#Support- 19589
#Target 19700 And 19756 we can expect after a break of Resistance
#Target 19545 And 19499 we can expect after a break of Support
#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute...
"Good morning! As of September 6th, there is no significant difference compared to the last session; the global market sentiment is neutral to slightly negative (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a neutral to slight gap-down. Structurally, it is a range-bound market, so we can expect some...
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19600
Sell Below - 19520
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Hi Mates,
Nifty maintained the upward journey for the third consecutive session despite volatility on September 5. Given the positive trend, seems that Nifty can surpass 19,600 soon and if it gets back above the same, then 19,800 is likely to be the next stop given the falling volatility, while the crucial support is expected at 19,400-19,300 levels. Well if i...
Current Price (CMP): 19577
Resistance: 19587
Support: 19526
Upside Targets: 19623 and 19646 (after a break of Resistance)
Downside Targets: 19494 and 19459 (after a break of Support)
Execution: Only execute trades after a clear break and close above or below the Resistance or Support levels on a 15-minute candlestick chart.
Stop Loss: Place stop-loss orders...
Nifty Analysis
Recap from yesterday: I wish to go with a full bullish stance tomorrow wherein 19584 has to be taken out in the first 2 hours and the final close should be above 19600 . Although the price action looked as a continuation from yesterday - it did not have enough firepower to break the recent swing high of 19584 nor cross the 19600...
NIFTY Intraday Trade Setup For 06 Sep 2023
Bullish-Above 19590
Invalid-Below 19540
T- 19665 19740
Bearish-Below 19520
Invalid-Above 19570
T- 19455 19348
NIFTY has closed with a slight positive gain of 0.24% today. Today buy triggered as per trade setup but lacked momentum and ended with slight gain. NIFTY is slowly and steadily going up but lacking strong...
1. Nifty shows recovery
2. For confirmation this level must break to see ATH or near to its 80%
3. Unless ATH is not broken and closed above it, can not have it confirmed fully bullish, but can be sideways to bullish.
"Good morning! As of September 5th, the global market sentiment is neutral to slightly negative (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a neutral to slight gap-down. After that, if the market declines, it will reach a demand zone. Structurally, it's a major demand zone, so once the market reaches...
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19550
Sell Below - 19510
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
The FASP for Nifty is listed for 05-09-2023. 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...
Seeing the price action on Friday, we had changed the status from bearish to neutral. But by seeing the strength today, I wish to go full bullish for tomorrow. To start with we had a gap-up opening of 103pts ~ 0.53% and then a quick fall to yesterday’s close.
Luckily Nifty took support right there and then started moving upwards. The upward move from 10.40 to...
