So 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...
The FASP for Nifty is listed for 02-01-2023. 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 today has closed above a strong trend line, next resistance for nifty is 18223-233, if it breaches it will touch 18300 easily. Down side demand zones are at 18158-145 & 18092-073
The market has taken a halt and an inside candle has been formed. The market opened gap up and after initial up move consolidated in 40 points range. On the hourly chart, market took support from the 20 ema and closed near 18200 level. The market consolidated maximum time and on 15 minute chart, took support near 200 ema level. Support :- 18190, 18155,...
Nifty support and resistance are in yellow 15min Green box is support and resistance are in 1D Trendline are in 1D Do trade with the lavels ------------------------------------------------------------- Lavels are 18383, 18319,18269,18215,17171,18127,18086,18046, 17977,17936,17856. -------------------------------------------------------------- Oi data Put Oi =...
Nifty in Sideways trend 18430 observed as resistance 17770 observed as support currently trending up in 1 hour Timeframe Expecting Resistance or Breakdown in 1 hour trend line..
Dec 31, 2022 Nifty One Hour Chart Analysis For Intraday Fuure & Option Trading Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 18065 - 18085 Second Support Zone For nifty50 – 17970 - 17985 Third Support Zone For nifty50 – 17900 - 17910 Resistance Zones For Nifty50 Intraday Trading First Resistance Zone For Nifty – 18210 -...
Nifty will be flat opening in today's session. The expected opening above the 18100 level and the 18100 to 18150 level is the consolidation range and if nifty breaks the 18150 level this level then the possible upside go up to 18250+ in today's session. in case nifty trades below the 18100 level than possible downside rally up to 100-200 points.
TECHNICAL VIEW -banknifty has relative strength as compared to nifty -index outperformed with 21% return in 2022 and is expected to continue -psu bank will be the value play -still have to catch with private banks -outperformance of small private banks (RBL,FEDERAL BK etc) will continue with psu banks -lending banks will continue to perform in rising interest...
Dear members sorry for not posting analysis on regular basis in the second half of the year this new year i will try to change the habit and be regular in posting -will post in new format from here on -will have regular weekly update -will try to give out more positional and better risk-reward trades -global update on weekly basis LETS BEGIN THE YEAR...
Wish you a very Happy New Year! This is the first Morning Mantra for the year 2023 and we are here to share with you the Market Sentiments for this week. Well, on observing the past few days, it can be seen that there’s a fight going on between the levels of 17800 and 18170. Where on one hand, as we were expecting to witness a positive closing of above 18170...
The new monthly session has began and the markets have shown some weakness on the monthly time frame as a bearish engulfing candle is formed. A serious rejection from 38.2% fib level on the weekly time frame is there. The market has taken a resistance from 20 DMA and closed around 18100 levels. On the hourly time frame, the market opened near the 200 ema and...
Happy New Year 2023!! In this video, I share my analysis for Bank Nifty for short term overview. I use my own technique called FASP to identify the immediate targets for the index. These levels are important to recognize where the key resistance and support points exist. Map these levels to your charts and explore how it works for you. Wish you a very happy and...
Nifty lost its steam of bullishness as of now, it is in a range where dias is undecided only if it breaks and closes below 17770 on Daily closing basis it will get Bearish & if it breaks and closes above 18710 on Daily closing basis it will get Bullish in between the above 2 levels it will keep giving Goosebumps, hence avoid heavy positions till then.
Check out banknift chart 15 minutes time Frame. Check out banknift chart 15 minutes time Frame.
Nifty has ended the year at a very crucial juncture and next few days or weeks would define its way forward in 2023. Fibonacci Analysis: - If one connects the Sep end lows of 16747 and current Dec highs of 18887 , Nifty retraced to its 50% level of 17800 and found support there. Similarly for the current downmove in Dec from 18887 to 17774, it found...
The FASP for Nifty is listed for 02-1-2023. 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 Strenghtening Support 1 - 18044, support 2 -17903, Strongest Support -17777 Nifty Strenghtening Resistance 1 - 18174, Resistance 2 - 18263, Strongest Resistance - 18323 MARKET RANGE - 17750 - 18350 EMA placement: 10 EMA - 18174, 20 EMA - 18256, 50 EMA - 18163, 100 EMA - 17861, 200 EMA - 17494 WORLD sentiments: Strong SELL. Indicators : SELL.