Good Morning Traders, Guy's yesterday Markets traded range bound and ended almost unchanged amid mixed cues. After the marginal uptick, the Nifty oscillated in a narrow band and finally settled around the day's low to close at 19396.45 levels. (FII) sold shares Rs. 495.17 crore, whereas (DII) Purchased Rs. 533.75 crore worth of stocks on yesterday session. On the...
Expectations: Volatile Day Intraday Levels: Buy Above - 19450 Sell Below - 19370 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Yesterday we had a neutral stance for Nifty and a bearish stance for BankNifty. If you were watching every 5mts candle today, you wouldn't believe how we ended up getting Nifty at +0.01% and BankNifty down 8.75pts. Nifty makes a beautiful rounded top formation today, will wait for tomorrow to see if we get the cup & handle formation. As soon as the day started it...
Today the market has killed the option buyer as it has consolidated in a small range of 60-70 poits. Nifty has formed a halt candle and has closed flat on the daily charts. On the hourly chart, nifty traded in between the moving averages, taking resistance from 200 ema and support from 20 ema. A good consolidation is going on in the market and trend market is...
NIFTY Intraday Trade Setup For 23 Aug 2023 Bullish-Above 19445 Invalid-Below 19395 T- 19510 19595 Bearish-Below 19380 Invalid-Above 19430 T- 19315 19249 NIFTY has closed on an absolute flat note today. It was heavily range bound. Index traded within a tiny range of less than 70 points. Buy triggered as per trade setup which did not hit target nor sl. Tomorrow...
The FASP for Nifty is listed for 22-08-2023. 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...
"Good morning! As of August 22nd, the global market sentiment is neutral (based on the Dow Jones alone), while the market trend is moderately bullish. The market might open neutrally. if it breaks yesterday's high after the neutral opening, we can expect a pullback continuation. On the other hand, if the initial market declines, it will likely undergo a minimum...
Expectations: Range-bound Day Intraday Levels: Buy Above - 19430 Sell Below - 19380 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Good Morning Traders, Yesterday Market has taken support in lower important support zone, and after that given a fruitful recovery, Well guy's until downward slopping channel did not got breakout till then we will just wander inside the descending triangle pattern. Yesterday American Market also has done good, Dow has recovered almost completely till day's end and...
On our last day’s report we discussed the possibility of Nifty staying above the 19309 levels. It was with great difficulty that we got a closing below 19309 on Friday, today we opened right there and then had a good rally till 19370 levels. Immediately we started reversing and fell below water by 10.10. The price action is similar to the 14.00 to 15.00 period....
Today the markets tried to move in the upward direction but nifty constantly struggled to cross 19400 level as there is also 61.8% fibonacci level. Nifty tried to cross the level but couldn't sustain above it. The market has closed around 61.8% fib level and if the market again go for a dip it will be a chance to short the markets. On the hourly charts, market...
NIFTY Intraday Trade Setup For 22 Aug 2023 Bullish-Above 19430 Invalid-Below 19380 T- 19505 19595 Bearish-Below 19350 Invalid-Above 19400 T- 19250 19170 NIFTY has closed on a bullish note with 0.43% gain today. Buy triggered as per trade setup above 19380 and gave small momentum till 19425 which did not hit our target. Target was not achieved as the run...
Please do your own analysis. Market is consolidating for a big move
nifty important levels to watch are as follows #Support: 19260 Sell below: 19260 only on 15 minute candle closure below the level. Target 1: 19190 Target 2: 19110 #Resistance: 19380 Buy Above: 19380 only on 15 minute candle closure Above the level. Target 1: 19480 Target 2: 19560 #Remember each level will act as a support and resistance individually so...
Nifty Time 11:45 Nifty Support 19340-19355 Good for Buying Reason Small SL According to Wave theory and Fib 0.5 SL
Expectations: Volatile Day Intraday Levels: Buy Above - 19350 Sell Below - 19290 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NIFTY Intraday Trade Setup For 21 Aug 2023 Bullish-Above 19380 Invalid-Below 19330 T- 19480 19570 Bearish-Below 19250 Invalid-Above 19300 T- 19133 19020 NIFTY has closed with slight bearish sentiment last week with 0.61% cut. Our swing short has been planned on 30 Jul. Our short level is 19560 and till now it is standing with more than 1:1 gain. Our target is...
Nifty of consecutive four weeks have been forming a red candle and is making a support zone around 19250-300 levels. Market has tested another low this week but there is some buying happening around 19250 levels and it has been tested twice this week. On daily charts, market has formed another doji which signifies a confusion in the markets. Nifty has been...