FASP levels for Nifty 10/03/2023The FASP for Nifty is listed for 10-03-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Niftytrading
FASP levels for Nifty 06/03/2023The FASP for Nifty is listed for 06-03-2023 . 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
FASP levels for Nifty 24/02/2023The FASP for Nifty is listed for 24-02-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#NIFTY Intraday Support and Resistance Levels - 16/02/2023Nifty will be gap Up opening in today's session. After opening nifty sustain Above the 18060 level and then possible upside rally up to 18200 in today's session. in case nifty trades below the 18020 level then the downside target can go up to the 17900 level.
FASP levels for Nifty 16/02/2023The FASP for Nifty is listed for 16-02-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#NIFTY Intraday Support and Resistance Levels - 15/02/2023Nifty will be gap down opening in today's session. The expected opening above the 17820 level and the 17820 to 17870 level is the consolidation range and if nifty breaks the 17870 level this level then the possible upside go up to 17970+ in today's session. in case nifty trades below the 17820 level than possible downside rally up to 100-200 points.
#NIFTY Intraday Support and Resistance Levels - 09/02/2023Nifty will be flat opening in today's session. After opening nifty sustain below 17870 level and then possible downside rally up to 17800 in today's session. in case nifty trades above the 17900 level then the upside target can go up to the 17970 level.
#NIFTY Intraday Support and Resistance Levels - 08/02/2023Nifty will be slightly gap up opening in today's session. The expected opening above the 17750 level and the 17750 to 17790 level is the consolidation range and if nifty breaks the 17790 level this level then the possible upside go up to 17870+ in today's session. in case nifty trades below the 17750 level than possible downside rally up to 100-200 points.
FASP levels for Nifty 07/02/2023The FASP for Nifty is listed for 07-02-2023 . 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Morning Mantra, 4th of January 2023What a positive start of 2023, with a back to back 2 consecutive days of positive closing of above 18170.
Wherein once again, Nifty took a beautiful support at around 18170 during the first half yesterday.
Well for now, a stable closing of above 18400 is very important in the near term. Whereas in the meanwhile, the level of 18170 will play a crucial role as a level of support for Nifty, followed by 17800.
Besides, during this period we are still with our words to stay stock specific and to continue rebalancing your portfolio for now.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing :- 18232.55 (+35.10)
Regards,
Alok Daiya
Morning Mantra, 3rd January 2023So finally yesterday, we had once again witnessed a beautiful closing of above 18170.
Besides, just as we have been continuously stating about the two Resistance levels of 18170 and 18400 in Nifty. Similarly, as of now, with the index taking a beautiful support at 17800, we are expecting Nifty to reach the level of 18400, very soon.
Furthermore, the sustainability of above 18400 is very important for the market in the near term.
Overall, the market situation will be very volatile in the upcoming weeks. As Q3 results will be there along with the pre-budget impact.
So, be a little cautious and keep rebalancing your portfolio for now.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing :- 18197.45 (+92.15)
Regards,
Alok Daiya
Nifty spot chart analysis for 02.01.2023Nifty is standing just inside a strong support zone of 18111 to 18067.
Nifty is standing just inside a strong support zone of 18111 to 18067.
between 18210 to 18259 is an Extremely strong resistance.
if nifty crosses over 18259 then it may also cross 18302 and may reach 18349.
if nifty moves down below 18067 then it may also cross 18020 and may reach to the level of 17976.
if nifty moves down below 17976 then it may take support on 17926.
If nifty crosses down 17926. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18349 tomorrow and reach higher levels.
Nifty spot chart analysis for 22.12.2022Nifty is standing just below a strong resistance of 18210.
Nifty is standing just below a strong resistance of 18210.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach to the level of 18444.
if nifty moves down below 18160 then it may also cross 18111 and may reach to the level of 18067.
if nifty moves down below 18067 then it may take support on 18020.
If nifty crosses down 18020. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18547 tomorrow and reach higher levels.
Morning Mantra, 20th December 2022Just as we had stated yesterday, about observing the formation of an inverted hammer on the Daily as well as on the Weekly chart of Nifty, also about witnessing a bounce back and thereafter a closing of above 18400. Likewise we did witness exactly the same yesterday itself, as fortunately Nifty gave a closing of 18420.45
Well, now it's time to witness some positive outcome from the Market. So ideally, we should now wait and watch the Market's momentum with the support of 18400 and 18170.
In the Meantime, be stock specific as it is being expected that the Market can somehow stay dull for the upcoming 10-15 days. Also, go for some portfolio rebalancing, as it's an ideal time, to do so.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18420.45 (+151.45)
Regards,
Alok Daiya
Nifty spot chart analysis for 19.12.2022Nifty is standing just above a strong support of 18259.
Nifty is standing just above a strong support of 18259.
between 18393 to 18444 is an Extremely strong resistance.
if nifty crosses over 18444 then it may also cross 18493 and may reach to the level of 18547.
if nifty moves down below 18259 then it may also cross 18210 and may reach to the level of 18160.
if nifty moves down below 18160 then it may take support on 18111.
If nifty crosses down 18111. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18547 tomorrow and reach higher levels.
Nifty daily analysis for 01/12/22.Nifty finally has given a nice break out of the ATH creating new ATH above 18800 levels.
A nice bullish candle is there on the daily time frame and has closed 140 points higher.
On the hourly time frame, market consolidated whole day on the higher level and gave a good momentum during the closing hour of the session.
Nifty, on 15 minute time frame has given a momentum after touching the 20 ema.
Support :- 18670, 18620, 18550
Nifty is at new ATH and there is no such resistance for the market.
The market can be traded on the bullish side once is crosses today's high.
Wait for the price action near the level before entering the market
Nifty spot chart analysis for 22.11.2022Nifty is standing just below a strong resistance zone of 18160 to 18210.
if nifty moves above 18210 then it may also cross 18259 and may reach 18302.
between 18302 to 18349 is an Extremely strong resistance.
if nifty crosses over 18349 then it may also cross 18393 and may reach 18444.
if nifty moves down below 18111 then it may also cross 18067 and may reach to the level of 18020.
if nifty moves down below 18020then it may take support on 17976.
If nifty crosses down 17976. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18393 tomorrow and reach higher levels.
Nifty spot chart analysis for 15.11.2022Nifty is standing just under a strong resistance zone of 18349 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
Nifty spot chart analysis for 14.11.2022Nifty is standing just under a strong resistance zone of 18349 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
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.