Analysis may be wrong for 1 or even 2 days but using this trading style i gained very much points in nifty in past because the R:R is good like 1:4 or 1:6. My analysis was for friday was wrong but i think you forget about the trade that we took and analysed on 12/ 01 /23. but due to some rules and regulation the post was been private. Ok leave it. Let's discuss...
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
Nifty will be flat opening in today's session. After opening nifty sustain below 17600 level and then possible downside rally up to 17500 in today's session. in case nifty trades above the 17650 level then the upside target can go up to the 17770 level.
NIfty has given breakout on the downside from the consolidation zone and moved towards 17500, took support there and finished the week at 17600. It is highly unlikely that downside is over and that it may open with a gap up scenario even if global cues are positive. A flat open is not tradeable as Nifty might move to upside or downside and no way of knowing what...
The market after a consolidation zone has given a break down and has closed below 20 ema on the weekly time frame. The market consolidated for 4 weeks and has now shown some negativity. Nifty has taken support from 200 ema on the dialy time frame and closed near 17600 levels. Market can take a halt for 1-2 days and continue the fall possibly testing the 17k...
this is my nifty analysis, you can encourage me for more videos by posting comments in trading view section. Thanks
I use IND50 to do research on nifty because of complete charts. you can ask any question in comment Thanks
NSE:NIFTY Observations: 1) on 15min TF we can see some support and resistance channel. Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 30-01-2023 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 FASP for Nifty is listed for 30-1-2023 . 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...
Nifty will gap-up or show a strong upside rally if it wants to go down side then it should take a deeper pullback so be aware of that and then it may come down and show us some correction. Nothing more for today. Just simple analysis if it happens i will trade otherwise I can avoid if market performs against my analysis. Use small sl according to your risk...
Nifty travelling in a downtrend channel, expecting till 17550 ~ 17580 (Fib level of 0.618), from there it will bounce back Happy trading.
The Nifty index is currently trading at a critical support level of 17764.10. Our technical analysis shows that if the index breaks above this level, it could be a good opportunity to buy for a short term. The stop loss for this trade should be set at 17512, as a break below this level could indicate a change in trend. The first target for this trade is...
Nifty spot's price is consolidating between 18200 and 18000 on hourly timeframe chart so here I am sharing the levels for long and short so we can go long if break resistance and close above and can go for short if break support close below support for the targets I am sharing the image below. Buy Target Zone- 18383 To 18418 Sell Target zone- 17824 To...
This report aims to provide a technical analysis of the Nifty index and a recommendation for short selling the index in the short term. The analysis is based on the latest charts and indicators and is intended for investors and traders who are looking to capitalize on market movements. Background: The Nifty index is a stock market index that represents the...
Nifty will be slightly gap up opening in today's session. After opening nifty sustain below 17950 level and then possible downside rally up to 17850 in today's session. in case nifty trades above the 18000 level then the upside target can go up to the 18100 level.
Today market support and resistance play accordingly. Trade withless quantity.
Nifty 50 tomorrow session 17950 resitance 17850 support sideway market prediction this zone only scalping okh
The January session in over and we into February session. On the monthly expiry market gave nice momentum. The index closed nearly 225 points lower giving nice trending market and forming a bearish flag and pole pattern on hourly chart. During the first half, the market gave nice opporunity. Closing below 18k levels and consolidated thereafter. There is a...