If breaks the head and shoulder pattern then will go for a long.
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Nifty Intraday Prediction Levels for 7 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to 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.
You have to trade according to level breakout or...
Nifty Intraday Prediction Levels for 1 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 20190,20240,20265,20290,20340,20390,20440,…
Major...
"Good morning, friends🌺! As of November 30th, the global market sentiment remains bullish, supported by the Dow Jones. However, our local market exhibits a significantly bullish trend. It might open with a neutral to a slight gap-down, considering the GiftNifty value at -10.
Structurally, it appears to be a range-bound market. Even if it opens with a gap-up or...
Good Morning,
If market open 19850+ market goes up and we
will see up ward move.
But if market open gap down below 19765
and sustin 5-10min its down trend clearly
till 19550.
Note = Only for education purpose
nifty has to break and close above the crucial levels of resistance at 19900 levels
any close above these levels will be bullish else we will hit another new low of 19200 levels soon
hello guys
Recently nifty was in a continous uptrend and formed a bullish descending broadning wedge
Now the probable chance is to form a head and shoulder pattern from here
lets see how things workout my prediction for head and shoulder is 60%
"Good morning, friends! As of November 20, the global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderate bearish trend. It may open with a neutral start because the GiftNifty indicates a value of +7. Structurally, we can expect a range market either if it takes a pullback or breaks the previous day's low. ...
Bearish Alt Bat In Nifty
Sell PRZ - 19981/20075
SL - 20230 ( Day Closing Basis )
Target - 19650/19400/19200
Will Trade Conservatively & Try To Sell
If Nifty Bounce To 20000
Double trend in 15 minute chart one short another long, if short breaks
it may take good support at 2nd one. if 2nd also breaks down it may go down
another 120 points.
If trigger line crosses below 51.61, may reach to 43.85, option price 180-230
If trigger line crosses below 55.04, may reach to 43.40, option price 110-140
Nifty important levels to watch are as follows
#Support: 19060
Sell below: 19060 only on 15 minute candle closure below the level.
Target 1: 19010
Target 2: 18960
#Resistance: 19100
Buy Above: 19100 only on 15 minute candle closure Above the level.
Target 1: 19145
Target 2: 19200-19230
=> # Remember each level will act as a support and resistance...
If breaks above -52.82 may reach to the level of 62.87, in option it may give you 60-75 Rs.
if breaks down below 45.93 may reach 35.69 , in option 80-145 Rs.
AS WE CAN SEE THAT NIFTY HAS TAKEN GOOD SUPPORT @18850, REMEBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION.
ADDING MY ANALYSIS LEVELS FOR 31 OCT,23 BELOW FOR NIFTY FUTURES:
LONG PLAN >>>>> 🐂
- 19277 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL)
- R1: 19333
- R2: 19388
- R3: 19450
SHORT PLAN >>>>> 🐻
- 19166 (I WILL WAIT...
AS WE CAN SEE THAT NIFTY HAS TAKEN GOOD SUPPORT @18850, REMEBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION.
ADDING MY ANALYSIS LEVELS FOR 30 OCT,23 BELOW FOR NIFTY FUTURES:
LONG PLAN >>>>> 🐂
- 19200 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL)
- R1: 19266
- R2: 19333
- R3: 19388
SHORT PLAN >>>>> 🐻
- 19070 (I WILL WAIT...
