Dear All, Since “ Everyday is not a Sunday ”, we can say that yesterday was indeed not a day in favour of the bulls. However, witnessing this supply pressure at the upper levels yesterday, had somehow proven our statement of “Rebalancing the Portfolio” , to be absolutely on point, once again. Besides, in this journey of speedy recovery from 16800 to...
Dear All, Just as we had already stated yesterday about being cautious. Similarly, we did witness a supply pressure in the Market yesterday itself. However, on a positive note we had still witnessed a closing of above 18200. Since today is the last trading day of this week, let’s keep our fingers crossed for a positive and a stable weekly...
NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...
Inverted Hammer at Swing High (@weekly). If prices travel below 18,000 and stay below it for a couple of days, we will have a "Shooting Star". The likely TGT could be 2.0%-2.5% downside (17,650 - 17,500) (View invalid above 18,300)
Nifty50 closed 18065 as FIIs cash purchase was 3304.3 CR and DIIs bought 264.3 CR (Net positive of 3568.6). SGX nifty signals a gap up. Today the market is expected to be in the range of 18100 on the upper side and 17800 on the lower side. Short-Term Levels: Resistance: 67.99 LAC Call OI buildup @ 18200 level Support: 99.1 Lacs Put OI buildup @ 18000 level...
NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...
Dear All, So, Finally yesterday we got to witness a closing of just above the level of 17800 , i.e., around 17813.60 But somehow this closing does not seem to provide much conviction. Besides, on observing the formation of a Hanging Man pattern on the day chart of Nifty, raises the need to stay cautious here. Yes, this need of cautiousness is expected...
The FASP for Nifty is listed for 26-04-2023. 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...
Wave Theory Analysis of Nifty50. Wave theory is very easy trading setup. Follow,Like,Share
The FASP for BankNifty is listed for 24-04-2023. 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...
Dear All, Just as we had stated yesterday itself, similarly following the impact of the Bearish Engulfing pattern , we did once again witness a supply pressure at the upper levels in Nifty, yesterday. Wherein, even after a gap up opening , we had witnessed a lower closing of around 17660 . So, ultimately it’s a very crucial situation in the Market as of...
Great Rally today in both Nifty and Bank Nifty. Nifty 50 has quickly covered the psychological barrier of the 17800 level which is crucial for 18000+ levels. Resistance: 1.32 CR Call OI buildup @ 18000 level. followed by 91.4 L Call OI buildup @ 17900 level. (STRONG RESISTANCE AT 18000 LEVEL). Support: 1.06 CR Put OI buildup @ 17700 level. followed by...
The FASP for BankNifty is listed for 13-04-2023. 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...
Today's Rally was due to buying in Auto, Banks and metal stocks. Also FIIs bought 343 Cr while DII dumped 264 Cr, though the net was positive (79Cr.) Nifty 50 has reached a crucial level 17722. There is a tough fight between bulls and bears at this level to mark their dominance. Total Call OI: 6.66CR Total Put OI: 6.55CR Bulls are relatively a little...
NSE:NIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...
The FASP for Nifty is listed for 11-04-2023. 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...
Bearish Bat Trade Condition PRZ - 17689 SL - 17801 Target - 17500 / 17400 Bearish Alt Bat Condition PRZ - 17926 - 17975 SL - 18042 Target - 17500 / 17400
How to trade NSE:NIFTY on weekly timeframe. I have shared the best possible price action for coming week. Go through the video and let me know in the comments what do you think above next week trend. Thanks