Price Action Strategy for Nifty50 Future & Option RESISTANCE ZONE -3 18007- 17992 RESISTANCE ZONE -2 17941 - 17923 RESISTANCE ZONE -1 17833 - 17820 SUPPORT ZONE 1 - 17693 - 17712 SUPPORT ZONE 2 - 17619 - 17634 SUPPORT ZONE 3 17346 - 17370
Hope you people enjoyed the trending day today and entered on zones and levels i gave, which gave very high R:R. Kindly keep following the levels and zones to keep getting good profits at lowest risk.
SGX Nifty marks a positive start. The nature of the market is neutral to bearish. There was a strong pullback and my view is that the market may open a little bit gap-up. But, it won't sustain. If the opening candle is rejected, we expect consolidation to the correction. On the other hand, if the market opens a sharp pullback, we expect consolidation to be the...
Today's will be gap up opening in Nifty . After opening if nifty sustain above 17380 level then go upto 17520+ level. In case nifty trade below 17340 level then possible downside rally 100-200 points.
NIFTY 50 as per 15 min chart analysis below follows my observations If Nifty opens Above 17382 then Resistance at 17411 / 17428 / 17456 / 17480 / 17528 / 17551 / 17583. If Nifty opens Below 17300 then Support at 17283 / 17250 / 17241 / 17228 / 17202 / 17167. Today FII Net selling was at 561.22 Crores and DII Net buying was at 144.08 Crores. If there was no Gap...
If Nifty is in Wave C - Nifty could be in heading towards 14571. Further more extension would be to 12446. 12446 looks more possible as it is pre-Covid crash level too. Use discretion!!
Zones and Levels for Nifty Spot, kindly respect the levels while you trade to get best R:R
The market gave a gap down of 3% due to the U.S. Fed outcome. Nifty opened below 20DMA and consolidated whole after an initial up move. The market closed between the hourly 20 and 200 ema and remained in a range. On 15 minute analysis, it took rejection from 20 ema and closed just below it. Support:- 17280,17220,17100 Resistance:- 17380,17480,17600 Wait for...
Nifty will be highly gap down opening in today's session. Expected opening above 17300 level and 17270 to 17340 level is the consolidation range and if nifty break 17340 level this level then possible upside rally upto 17500+ in today's session. in case nifty trade below 17270 level then short target can go up to 17100 - level.
Nifty has formed a double top pattern on the weekly time frame. There are chances of a retracement before another up push. Nifty has formed a Dragonfly doji on a weekly time frame. The market is taking rejection from its 61.8% fibonnaci level and unable to close above it on daily time frame. An inside candle formation on the daily time frame must be watched...
on D timeframe SGX NIFTY, yesterday due Powell speech Nassdaq tanked 500 points Bearish Signal: 1) So SGX broke an important trend line rising from 16469 2) with double top being formed unevenly & this indicating the break of the neckline, we can see a good fall unto 16700 levels HOW ? ( Look down on Bullish) Bullish Signal : 1) after all the correction happened...
NIFTY 50 as per my previous post for 26.08.2022 mentioned that there had been no aggressive buy or sell by both FII and DII. Similarly today was an highly volatile day where from 12.15 to 3.30 pm there had been no big movement on the either side. FII Net Selling was at 51.12 Crores and DII Net Buying was at 453.59 Crores. Being mostly a sideways day on...
Guys today onwards i will be posting charts of SPOT instead of FUTURES. As maximum of my followers are demanding it to plot the zones and levels on SPOT, which makes them easy to trade all instruments, as due to Cost of Carry difference between SPOT & FUTURES, they are unable to follow the level on charts.
Plot the the levels in your chart. Draw fib level from support and resistance . Please refer chart for fib level. Fib level range should be 9.15 am to 03:25 PM. If price crosses fib trendline(Dash line) will consider as upside break out. If price reject from there will consider to fall below upto prv trend line as per chart.
SGX nifty indicates a positive start. The market nature is neutral. Structurally, the market may consolidate between the previous day's range. At the same time, if the market breaks the range of the previous day, we follow that direction. My opinion is the market may open a little bit gap-up, but it won't be sustained. if the market sustains the gap-up, then the...
Nifty will open gap up in today's session. After opening if it starts trading and sustain above 17700 level then expected upside rally upto 17850 level in today's session. Downside 17500 will act as an important support for today's session. Any major downside expected below this support level.
NIFTY 50 as per 15 Min chart Below Follows my observation Though it was a good sell from 2.00 pm onwards from 17716 to 17487. As far as FII Net Buying was at 369.06 Crores and DII Net Selling was at 334.31. So there was no big buying or selling even though there was a good sell off. Above 17528 then Resistance at 17649 / 17716 / 17754 / 17793. Below 17495...
NIFTY 50 had posted previously for 25.08.2022. Above 17679 and Resistance at 17728 and Below 17561 support at 17495. Today we can witness market weakness which i had mentioned too for 25.08.2022. For 26.08.2022 will post you price action chart. And i believe the nifty charts which iam posting had been use full for you all..