Nifty spot chart analysis for 31.10.2022Nifty is standing just below a strong resistance of 17829.
if nifty moves above 17829 then it may also cross 17880 and may reach 17926.
between 17926 to 17976 is an Extremely strong resistance.
if nifty crosses over 17976 then it may also cross 18020 and may reach 18067.
if nifty moves down below 17780 then it may also cross 17731 and may reach to the level of 17684.
if nifty moves down below 17684 then it may take support on 17635.
If nifty crosses down 17635. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18067 tomorrow and reach higher levels.
Niftytrading
Nifty spot chart analysis for 14.10.2022
if nifty moves above 17008 then it may easily cross 17068 and may reach to the level of 17125.
between 17125 to 17182 is a strong resistance zone.
if Nifty crosses over 17125 then it may also cross 17182 and may reach to the level 17238.
If nifty crosses down 16951 then it may also cross 16892 and may take support on 16840.
if nifty crosses down 16840 then it may also cross 16780 and may reach to the level of 16722.
If nifty crosses down 16423. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17238 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 06.10.2022Nifty is standing just below a strong resistance zone of 17292 to 17340.
if nifty move above 17340 then it may also cross 17393 and may reach to the level of 17442.
between 17442 to 17489 is an Extremely strong resistance.
if nifty crosses over 17489 then it may also cross 17535 and may reach to the level of 17586.
if nifty moves down below 17238 then it may also cross 17182 and may reach to the level of 17125.
if nifty moves down below 17125 then it may take support on 17068, 17068 is a strong support.
If nifty crosses down 17068. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17586 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 03.10.2022Nifty is standing just above a strong support of 17068.
if nifty move above 17068 then it may also cross 17125 and may reach to the level of 17182.
between 17182 to 17238 is an Extremely strong resistance.
if nifty crosses over 17238 then it may also cross 17292 and may reach to the level of 17340.
if nifty moves down below 17068 then it may also cross 17008 and may reach to the level of 16951.
if nifty moves down below 16951 then it may also cross 16892 and may reach to the level of 16840.
If nifty crosses down 16840. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17340 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 27.09.2022Nifty is standing just above a super strong support of 17008.
if nifty moves above 17016 then it may also cross 17068 and may reach 17125.
between 17125 to 17182 is an Extremely strong resistance.
if nifty crosses over 17182 then it may also cross 17238 and may reach 17292.
if nifty moves down below 17008 then it may also cross 16951 and may reach to the level of 17892.
if nifty moves down below 16892 then it may take support on 16840.
If nifty crosses down 16840. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17292 tomorrow and reach higher levels.
Nifty spot chart analysis for 15.09.2022Nifty is standing just at a strong resistance of 18020.
if nifty moves above 18020 then it may also cross 18067 and may reach 18111.
between 18111 to 18160 is an Extremely strong resistance.
if nifty crosses over 18160 then it may also cross 18210 and may reach 18259.
if nifty moves down below 17983 then it may also cross 17926 and may reach to the level of 17880.
if nifty moves down below 17983 then it may also cross 17926 and may reach to the level of 17880.
If nifty crosses down 17829. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18259 tomorrow and reach higher levels.
Nifty spot chart analysis for 09.09.2022Nifty is standing just below a strong resistance of 17829.
if nifty moves above 17829 then it may also cross 17880 and may reach 17926.
between 17926 to 17976 is an Extremely strong resistance.
if nifty crosses over 17976 then it may also cross 18020 and may reach 18067.
if nifty moves down below 17780 then it may also cross 17731 and may reach to the level of 17684.
if nifty moves down below 17684 then it may take support on 17635.
If nifty crosses down 17635. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18067 tomorrow and reach higher levels.
Simple Trade Setup |NIFTY| 08-09-2022 [INTRADAY -EXPIRY LEVELS]NSE:NIFTY
Trade Setup for 08-09-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Nifty spot chart analysis for 01.09.2022Nifty is standing just below a strong resistance of 17780.
if nifty moves above 17780 then it may also cross 17829 and may reach 17880.
between 17829 to 17880 is an Extremely strong resistance.
if nifty crosses over 17880 then it may also cross 17926 and may reach 17976.
if nifty moves down below 17635 then it may also cross 17684 and may reach to the level of 17635.
if nifty moves down below 17635 then it may take support on 17586.
If nifty crosses down 17586. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17586 tomorrow and reach higher levels.
Nifty spot chart analysis for 30.08.2022Nifty is standing just below a strong resistance zone of 17340 to 17393.
if nifty moves above 17393 then it may also cross 17393 and may reach 17442.
between 17442 to 17489 is an Extremely strong resistance.
if nifty crosses over 17489 then it may also cross 17535 and may reach 17586.
if nifty moves down below 17292 then it may also cross 17238 and may reach to the level of 17182.
if nifty moves down below 17182 then it may take support on 17125.
If nifty crosses down 17125. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17586 tomorrow and reach higher levels.
Nifty spot chart analysis for 26.08.2022Nifty is standing just below a strong resistance of 17535.
if nifty moves above 17535 then it may reach to the level of 17586.
between 17586 to 17635 is an Extremely strong resistance.
if nifty crosses over 17635 then it may also cross 17684 and may reach 17731.
if nifty moves down below 17489 then it may also cross 17442 and may reach to the level of 17393.
if nifty moves down below 17393 then it may take support on 17340.
If nifty crosses down 17340. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 17780 tomorrow and reach higher levels.
Nifty spot chart analysis for 19.08.2022Nifty is standing just inside a strong resistance of 17976.
if nifty moves above 17976 then it may also cross 18020 and may reach to the level of 18067.
between 18067 to 18111 is an Extremely strong resistance.
if nifty crosses over 18111 then it may reach to the level of 18160.
if nifty moves down below 17926 then it may also cross 17880 and may reach to the level of 17829.
if nifty moves down below 17829 then it may take support on 17780.
If nifty crosses down 17780. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 18020 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 16.08.2022Nifty is standing just inside a strong resistance zone of 17684 to 17731.
if nifty moves above 17731 then it may also cross 17780 and may reach to the level of 17829.
between 17829 to 17880 is an Extremely strong resistance.
if nifty crosses over 17880 then it may reach to the level of 17926.
if nifty moves down below 17684 then it may also cross 17635 and may reach to the level of 17586.
if nifty moves down below 17586 then it may also cross 17535 and may reach to the level of 17489.
If nifty crosses down 17340. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17932 AND REACH TO THE HIGHER LEVELS.
NIFTY 50 - 08.08.2022 - DAILY & 15MIN CHART - BAHAVAN CAPITALNIFTY 50 as per 15 minute Chart Analysis i observe as below
As per 15 minute chart Analysis Elliot wave 5th had been completed and 1st wave will be starting tomorrow and should test 17466 level and then turn bearish and take a support 17428 / 17407 level.
If 17400 level is broken then 17348 level holds the next support.
Also i find a Head and Shoulder pattern completion after testing 17466 level and taking support at 17407 level.
Happy Profitable trading to all...
Daily ConfirmTargets for Nifty50 Nifty Without Indicator Day Trading Setup
First Up Side First Possible Trade in Nifty
Tread Entry -
If Nifty open above Resistance Zone (17356 -17340) and sustain above it , You Can buy 17350 ATM CALL OPTION
Trade Target -
Nifty Up side First Target is 17452
Tread Stoploss
If Any 30 min candle of nifty index Close Below 17340 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Second Up Side First Possible Trade in Nifty
Tread Entry -
If Nifty Open Gap Down But Sustain above Support Zone ( 17260- 17240 ) then you can buy 17250 ATM CALL OPTION
Trade Target -
Nifty Up Side Target is will be 17315 /17355
If any one Hour Candle of Nifty Closes above 17356 then new Up Side Trade will start and For New Trade Target will be 17450 and Stoploss will be 17340 .
Tread Stoploss -
If Any 30 min candle of nifty index Close Below 17240 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Down Side Possible Trade in Nifty Tomorrow
Tread Entry -
If Nifty Open Below Resistance Zone (17356 -17340) and sustain below Resistance Zone Then You Can Buy 17350 ATM PUT OPTION
Trade Target -
Nifty First Down Side Target will be 17240
If any one Hour Candle of Nifty Closes Below 17240 then new Down Side Trade will start and For New Trade Target will be 17172 / 17122 and Stoploss will be 17260
Nifty Tread Stoploss
If Any 30 min candle of nifty index Close Above Resistance 17356 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Nifty spot chart analysis for 02.08.2022Nifty is standing just below a strong resistance zone of 17340 to 17393.
if nifty crosses above 17393 then it may also cross 17442 and may reach to the level of 17489.
between 17489 to 17535 is an Extremely strong resistance.
if nifty crosses over 17535 then it may reach to the level of 17586.
if nifty moves down below 17340 then it may also cross 17292 and may reach to the level of 17238.
if nifty moves down below 17238 then it may also cross 17182 and may reach to the level of 17125.
If nifty crosses down 17125. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17586 AND REACH TO THE HIGHER LEVELS.
Nifty spot chart analysis for 01.08.2022Nifty is standing just below a strong resistance of 17182.
if nifty crosses above 17182 then it may also cross 17238 and may reach to the level of 17292.
between 17292 to 17349 is an Extremely strong resistance.
if nifty crosses over 17340 then it may reach to the level of 17393.
if nifty moves down below 17125 then it may also cross 17068 and may reach to the level of 17008.
if nifty moves down below 17008 then it may also cross 16951 and may reach to the level of 16892.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17442 AND REACH TO THE HIGHER LEVELS.
NIFTY 50 - 01.08.2022 - BAHAVAN CAPITALNIFTY 50 Posted for 29.07.2022 it will test 17090 Level and broken and closed at 17158 unlike Bank Nifty which had exactly tested 39753.
28.07.2022 (16644) and 29.07.2022 (16949) Gap are yet to be filled.
01.08.2022 Nifty could be in Range bound because it had broken previous resistance 17090 level and it might face retracement.
And on other Side Bank Nifty could not break its resistance level at 39753. Considering bearish candle for Bank Nifty and Bullish candle for Nifty 50 anticipating a Range Bound.
Nifty 50 has another resistance at 17322 level.
However lets see how the market progress on Monday.
Happy Weekend and a Profitable Trading to all....
Nifty spot chart analysis for 29.07.2022Nifty is standing just below a strong resistance zone of 16951 to 17008.
if nifty crosses above 17008 then it may also cross 17068 and may reach to the level of 17125.
between 17125 to 17182 is an Extremely strong resistance.
if nifty crosses over 17182 then it may reach to the level of 17238.
if nifty moves down below 16896 then it may also cross 16840 and may reach to the level of 16780.
if nifty moves down below 16780 then it may reach to the level of 16722.
If nifty crosses down 16722. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17239 AND REACH TO THE HIGHER LEVELS.
Nifty Trade Setup for 26 JULY 2022Nifty Trade Setup for 26 JULY 2022
Nifty looks to be bearishly aligned for the day & can expect some good volatility today.
Nifty is expected to open within yesterday range and will be looking for any sell opportunity if any triggers gets confirmed at the sell Zones.
In case if S1 support holds good & any buy triggers is confirmed we can possibly go long and expected Nifty to again be in a range and can test upper targets as marked.
In case of S1 break out we can expect lower Buy zones to be tested out.
Nifty spot chart analysis for 25.07.2022Nifty is standing below strong resistance of 16722.
Nifty is standing below strong resistance of 16722.
between 16780 to 16840 is an Extremely strong resistance.
if nifty crosses over 16840 then it may also cross 16892 and may reach to the level of 16951.
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if nifty moves down below 16722 then it may also cross 16668 and may reach to the level of 16612.
if nifty crosses below 16612 then it may take support on 15643, 16543 is a strong support.
If nifty crosses down 16543. then it may take bounce back from bounce back zone.
If nifty crosses down 16543. then it may take bounce back from bounce back zone.
Nifty spot chart analysis for 18.07.2022Nifty is standing just above strong support of 16044.
if nifty moves up from where it left off then it may also cross 16100 and may reach to the level of 16158.
between 16100 to 16158 is an Extremely strong resistance.
if nifty crosses over 16044 then it may also cross then it may also cross 15980 and may reach to the level 15931.
if nifty moves down below 15931 then it may take support on 15880 , 15880 is a strong support.
if nifty crosses below 15931 then it may also cross 15880 and may to the level of 15829.
If nifty crosses down 15829. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16266 AND REACH TO THE HIGHER LEVELS.