Niftytradingidea
Nifty Trade Plan for 16 June 2021Nifty Trade Plan for 16 June 2021
Today's Trade Setup :
Global clues looks little weak.
Expected Nifty to open slightly gap down.
If Nifty opens gap down, then 15870 holds the key resistance and 15835 a strong support to watch.
If 15835 is taken out we can expect Nifty to fill the previous gap and test out 15780 & lower.
In case if 15870 is taken on the upside we can expect it to retest 15900 again.
NIFTY 50If Tomorrow Nifty opens gap up and break the resistance level and sustain above the blue zone then go for buying side
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If it get rejection near resistance level and break the blue zone go for selling side with Re-test and candlestick confirmation and with your technical method
---------------------------------{IF YOU DRAW THOSE IMPORTANT ZONES IN 5MIN CHART IT LOOKS GOOD}---------------------------------
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Nifty Trade Plan for 11 June 2021Nifty Trade Plan for 11 June 2021
How chart looks on HTF :
Nifty formed a good bullish candle on daily time frame taking good support from monthly support zone
Expected Opening :
Expecting a flattish to small gap up opening in Nifty.
Today's Trade Setup :
Nifty looks bullish and managed to close above next day CPR.
If flat or gap up opening, watch out for first resistance around 15751 and if that is taken out we can trade long for 15800 & higher.
If gap down opening, will wait for 15700 to be taken out on the lower side and might try for shorting opportunity till 15634 levels & lower.
NIFTY CHART ANALYSED FOR UPCOMING TRADING SESSIONS Did exactly what we’ve analysed !!
Had been telling you guys not to short and look for long
Also check the last analysis told you guys we can see a trending day of around 200-300 points move in NIFTY in single day and it did happen 🔥🔥
SPOT ON ANALYSIS ✅
Now trading at real crucial levels
As you can see the chart tells you all, multiple rejections from the trendline , we can expect sideways market for Tomorrow unless that trendline is broken and sustained above
On the other hand if broken we can see another trending day 🔥
NSE:NIFTY May 2020 expiry and after expiry explained in Tamil1. Yesterday morning posted my view on NIFTY 50 on how it will behave before May expiry. All the expectations explained was fulfilled.
2. Today i have discussed about the Expiry day behavior of NIFTY 50 and what we can expect tomorrow.
Happy Trading!!!