Nifty has given a nice bullish move of 2% on the weekly charts and has closed above 19800 levels. There is a nice bullish marubozu candle on the weekly charts and it has come after a consolidation. On the daily charts, market hit our targets on 19850 and reversed after hitting the target and has closed 92 points high forming a doji candle on the high. Nifty...
Today's Nifty Rejection From 19585 Nearby 19600 For this If your View is Bullish then Wait For a Breakout of 19600 and if the market sustenance above this then We can See a Buying Good Move. On the Downside 19500 is our main support zone if breaks then the market fall AS Per OI Data Market has good Support at 19500 Big Resistance 19600 then 19700 Compare to...
O Description. 06 sep Nifty Actionable levels for Tomorrow #Current Price- 19577 Good #Resistance- 19677 Strong #Support- 19328 #Target we can expect 19638 and 19677 if a break of 19586 above ⬆️ Resistance level 🎚️ #Target we can expect 19441 and 19377 if a break of 19539 below ⬇️ Support level 🎚️ #Execution trade should be above or below from resistance...
AS Per Day Candle Time Frame Bank Nifty Show Bullish Like Market Get Support And Nearby High is 44700 Market Ready To Break this Because one Bullish Candel Make In Day time Frame And For 15 Mint Time Frame We Saw a Big Support Zone In the Market 44100 and 44000 Market. For tomorrow if the Market shows Positiveness then Like Break 44700 then We Can Plan For a...
Wait For Break Out I Am Not Prefer To Trade In Nifty 50 Because Of Slow Movement The Market Continues To Support At 19300 If The Market Again Touches Tomorrow Then A Fall Can be Possible . As Per Data 19377 Is A Resistance For Nifty If Tommorw Market Break Then Buying Side Movement Comes Fast. Just Follow This Lines. AS PER OI DATA BIG RESISTANCE 19400/19500 ...
NSE:NIFTY Trade Setup for 28-08-2023 Most of all the levels and zones remains same as per previous. 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...
Dear All, So the consolidation is still continued in the Market and in such a situation it becomes quite difficult to predict the next move. However, we still have the hope of 19300 as the level of support, while on the other side 19550 as the strong resistance level. Therefore, Cherry Picking and Portfolio Rebalancing are the only ways to...
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...
Dear All, As we had observed a Doji formation on the Day chart of Nifty on the last Friday. Likewise, fortunately we had witnessed a closing of above 19300 on Friday itself. However, overall the situation is still quite crucial as of now, since Nifty is finding difficulty and is not being able to reach and sustain above the level 19550. Therefore, in...
Analyze the time frame: Monthly : Candle engulfing Weekly: Black Crows Daily: Lower lows and lower highs are formation 1. Closed below 19375, implying negative sentiment. 2. Exit the regression channel 3. A decrease in relative strength. The triggering factor is, 1. 33/50 stock decrease. 2. The banking industry is the most affected. Moving...
Nifty Weekly Analysis We have fallen 201pts ~ 1.03% between the last expiry and today. If you notice the chart below, Nifty is closely following the bearish trend line and we will get a range convergence soon. If the support line of 19309 is not breaking - we will have a bullish reversal. Global macros, India inflation data and other sentiments are pointing for a...
Nifty 50 Support and Resistance levels- took lot of time to analyse and mark these for you guys and these are marked for a reason that prices may breakdown or breakout from these levels, also can stay in these range for a long time (if R1 not broken) Utilise these levels with other indicators to make your trading MORE profitable. Please do like and let me know...
Dear All, So finally we have observed the impact of witnessing a closing of above 19550 for 2 consecutive days, just as it was stated. As after those 2 days, Nifty has ultimately given us a positive closing of approx 19632.55 yesterday. Altogether, the Market is currently in a very choppy mode. Where we can clearly observe the stock specific...
Dear All, Fortunately, we had witnessed a closing of above 19550 in Nifty, for the 2nd consecutive day, yesterday. So for now, we are still positive on the Market, until the index is trading above 19300. Where 19800 will play a crucial role as a level of Resistance. Furthermore, it is better to be stock specific and to keep following the...
Nifty important intraday levels to watch for 08-08-2023 #Support: 19570 Short if candle closes below 19570 #resistance: 19620 Long if candle closes above 19620 #Targets on downside after break of support. Target 1= 19530 Target 2= 19460 #Targets on upside after break of resistance. Target 1= 19680 Target 2= 19735 Remember each level will act as a support...
Dear All, The previous week was in a way quite terrific for us, as Nifty had somehow touched all of its important levels in a week itself, i.e. from 19800-19550-19300 approx. Now, as per the current situation, Nifty has somehow taken a beautiful support at our earlier stated support level of 19300. Which is why, we are still quite optimistic for the...
Dear All, Yesterday we had seen the effect of the crucial support level of 19550. Where below this level, Nifty took a sharp dip towards our previous support level of 19300, and from 19300 we had also observe a sharp recovery of around 100 points in Nifty, yesterday itself. Finally yesterday we did somehow witness a major impact of the shooting star...
Hope all are doing great. Here’s my 1D timeframe analysis. As we can see in the chart from 18-Nov-2022 to 5-Apr-2023 around 138 days there was a good falling channel pattern. It broke and achieved 3 times the target. The next 138 days from the previous breakout is forming beautiful rising channel pattern. As per the pattern nature it might break below to the...