Nifty will be gap up opening in today's session. After opening nifty sustain above 24630 level and then possible upside rally up to 24750 level in today's session. in case nifty trades below 24580 level then the downside target can go up to the 24460 level.
RELIANCE as we expected. still intact on the upside view of a continuous bullish uptrend rally. there are vari some break even point target levels at 3210,3250 or 3300 may be touching the highest level before The Union Budget on 22 July 2024. Be aware of the market crash, And trade with risk 1:2,1:3,1:4,5,6........ profit always be on your side.
NIFTY have a strong support level at 24200, there is reversal point level at 24300-24320 the market test breakpoints and liquefy the premium because of Sideways. if this will sustain or break the 24350 resistance there is a chance to see good bullish rally. if there is a dip near to 24200 higher chance to bullish move.
Time 7:56 AM 1st July 2024 Reasons for Shorting Nifty today: 1. Wave Analysis - Shorting based on wave counting 2. Ichimoku - Given a sell signal in 15min TF 3. Broke Support Trendlines 4. Risk to Reward in great 5. MACD bearish divergence in 1hr TF Options Selling: ATM CE selling with OTM CE edge is best for this trade. (or future sell with edge) We wait for...
Looking at the chart in the higher time frames you can see a clear tap in to the M timeframe OB. A strong displacement to the upside creating a OB in the W timeframe - unmitigated. Gap at the top acting as a magnet for price to move into. Very clean CoCH and BOS giving confirmation of the move up into higher levels. A great entry be entry in the GOLDEN level...
Price easily breaking the price aggressively forming HH HL patterns. Wait for price to tap the Order Block and show confirmation in lower tf for reversal Can look for 1:3 RR or look for an other BOS (if you have the patience) #PlantheTrade #TradethePlan
Keep an eye on the demand zone 21,000 to 21,300. We also have a strong divergence on the Weekly chart.
Support : 22908 SL : 35 Points Target : 120 Points
still market manipulating people on going uptrend be careful market can turn any moment dont fall on fake sideways showing as uptrend still now its under channel sideways its not uptrend hope u be on safe trade happy trading
For the next potential level I use Fibonacci Extension. So, the next Important Level to consider is 23274.55 Also the expansion in both bands is equally distributed, this indicates the uptrend will continue. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Please find below simple resistance and support: Resistance: 22132 If crossed up then will see upward move: TGT: 22338 (1 small hurdle at 22186) Support: Trendline support although 21934 If crossed down then will see downward move: TGT: 21820 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED...
Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: "On a closing basis, N50 finished the day above 22295 at 22302. Ideally, I should change the stance from bearish to neutral, but let me give the benefit of the doubt to the Bears for one more day." If you look at the horizontal lines, it may appear like I drew them today after the Nifty's move. Thankfully...
If this hourly candle rejects from 22176 then 📉 📉 📉 to 22072 22072 imp support, if sustains then shortcovering could be possible to above levels If hourly closing above 22176 then 📈 📈 22331 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout...
22164 above sustains or hourly closing then upside momentum 📈 is possible to above targets marked 22318 and 22393 If any hourly closing below 22164 then 📉 📉 📉 to 22057 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Please find below simple resistance and support: Resistance: 22329 If crossed up then will see upward move as follows: TGT: 22450 Support: 22231 If crossed down then will see downward move as follows: TGT: 22167 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY...
If rejection happens from 22309 then more 📉 📉 to 22166 If hourly closing or support sustains above 22309 then short covering 📈 📈 to above levels marked on the chart Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
22348 could be a reversal level for upside If hourly closing happens below 22348 then 📉 📉 next is 22309 If support sustains on 22348 then 📈 📈 22435 -- 22527 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.