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Niftytrendanalysis

NIFTY LEVEL 🤑O Description. 05 sep Nifty Actionable levels #Current Price- 19534 Good #Resistance- 19532 Strong #Support- 19440 #Target we can expect 19618 if a break of 19534 above ⬆️ Resistance level 🎚️ #Target we can expect 19440 and 19260 if a break of 19452 below ⬇️ Support level 🎚️ #Execution trade should be above or below from resistance or support levels 15-minute candle. Alerts ‼️🚨 this is Only for Education Purpose. Please Give your precious comments 🤞🏻 Thank you 🙏 AkashXtrade
NSE:NIFTY
by AkashXtrade
#nifty"Good morning! As of September 1st, the global market sentiment is slightly negative (based on the Dow Jones alone). The market trend is bearish, and the market might open with a neutral to slightly lower gap. In my personal opinion, the market might enter into a range from yesterday's low to the Fib level of 38%. Therefore, we can anticipate a directional move after the range breaks. However, if it breaches yesterday's low, it will likely reach the next support level immediately."
NSE:NIFTY
by Manickamtraders
FASP levels for Nifty 31/08/2023The FASP for Nifty is listed for 31-08-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
#nifty"Good morning! As of August 2nd, there is no significant difference compared to the last session. The global market sentiment is slightly positive (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a slight gap-up. Therefore, we can expect a minor pullback afterward. If the market rejects the immediate resistance zone, we can anticipate a correction. Alternatively, if the market consolidates or breaks beyond it, the pullback will likely continue. On the other hand, if the gap-up doesn't sustain and breaks the 38% Fib level, then the correction will probably persist."#nifty #banknifty #finnifty
NSE:NIFTY
by Manickamtraders
FASP levels for Nifty 29/08/2023The FASP for Nifty is listed for 29-08-2023. 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
#nifty"Good morning! As of August 28th, the global market sentiment is slightly positive (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a slight gap-up. Therefore, we can expect a minor pullback afterward. If the market rejects the immediate resistance zone, we can anticipate a correction. Alternatively, if the market consolidates or breaks beyond it, the pullback will likely continue. On the other hand, if the gap-up doesn't sustain, then the correction will probably persist."
NSE:NIFTY
by Manickamtraders
#nifty"Good morning! As of August 23rd, the global market sentiment is slightly negative (based on the Dow Jones alone), while the market trend is moderately bullish. The market might open neutrally, suggesting a ranging market. If it breaks yesterday's high after the neutral opening, we can expect a pullback continuation. On the other hand, if the initial market declines, it will likely undergo a minimum 78% Fibonacci correction. After that, if it rejects around the 78% level, we can expect a pullback. Conversely, if it consolidates or breaks the 78% level, the correction is likely to continue."
NSE:NIFTY
by Manickamtraders
Nifty daily analysis for 23/08/23.Today the market has killed the option buyer as it has consolidated in a small range of 60-70 poits. Nifty has formed a halt candle and has closed flat on the daily charts. On the hourly chart, nifty traded in between the moving averages, taking resistance from 200 ema and support from 20 ema. A good consolidation is going on in the market and trend market is nearby. On 15 minutes chart, moving averages are close enough and market has closed below both the moving averages. Support :- 19360-80, 19300 Resistance :- 19480, 19550 Nifty has formed a support around 19400 levels and there are chance of market finally deciding the trend as it has been in consolidation phase for 3-4 trading session. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
#nifty"Good morning! As of August 22nd, the global market sentiment is neutral (based on the Dow Jones alone), while the market trend is moderately bullish. The market might open neutrally. if it breaks yesterday's high after the neutral opening, we can expect a pullback continuation. On the other hand, if the initial market declines, it will likely undergo a minimum 61% Fib correction. After that, if it rejects around 61%, we can expect a pullback. Conversely, if it consolidates or breaks the 61% level, the correction is likely to continue."
NSE:NIFTY
by Manickamtraders
Change in trend - 3 black crowsAnalyze the time frame: Monthly : Candle engulfing Weekly: Black Crows Daily: Lower lows and lower highs are formation 1. Closed below 19375, implying negative sentiment. 2. Exit the regression channel 3. A decrease in relative strength. The triggering factor is, 1. 33/50 stock decrease. 2. The banking industry is the most affected. Moving forward, 1. The anchor candle would be critical; we could see some sideways movement, and it is expected to act as support. 2. If the nifty closes below 18600 in the following 3-4 weeks, it will be considered bearish. To summarize, a sideways moment is likely to occur ; however, there is no need to worry; a closure below 18600 will be the price to ACT
NSE:NIFTY1!
by OK_Rane
17 Aug ’23 Post Mortem on Nifty - Bears are still fighting 🐻🐻Nifty Weekly Analysis We have fallen 201pts ~ 1.03% between the last expiry and today. If you notice the chart below, Nifty is closely following the bearish trend line and we will get a range convergence soon. If the support line of 19309 is not breaking - we will have a bullish reversal. Global macros, India inflation data and other sentiments are pointing for a bearish case though. What will Nifty do? Nifty Daily Analysis I was very much impressed with today’s price action by Nifty. If you notice the trades we had yesterday - it was much contrary to what traders were anticipating. Today we just negated those moves. You might remember the 15.00 candle that went up 45 pts yesterday - it really made no sense. I was thoroughly looking for any events to find out why we had a surge yesterday, but today’s reversal and negation brings back sanity. We had 2 legs for the fall today, the first leg a fall of 83pts till 10.00 and then the second leg of 89pts between 11.05 to 13.00. The options flow did indicate we would have a bear day today, but I seriously thought the 19309 support line may get broken. RELIANCE, ITC, HDFCBK, LT, KOTAKBK, BAJFINANCE were the main losers today and TITAN, ADANIENT, SBIN the main winners. The market depth favored the bears too with 33/50 in red. Finally this is what we have now, the pressure mounting on Nifty50 to breakout or breakdown. Technical Analysis points to a breakout and the Fundamental Analysis hinting at a breakdown due to poor macros. Today’s 99pts fall is giving some hope to the otherwise beaten bears - their first priority tomorrow would be to take out the 19309 support to gather immense downside momentum. I am changing my stance from neutral to 60% bearish & 40% neutral for tomorrow. If you have any questions - please comment below
NSE:NIFTYShort
by viswaram
Nifty weekly analysis for 14/08/23.Nifty is taking a retracement and on the weekly charts have formed an inside candle. The market took a retest to 50% fibonacci levels and recovered. Trend is still bullish as the major trend is in the upward direction and this might be just a retracement. Though the market is stuck in a small range and there are chance of a breakout in the upcoming week. The market has closed below the 20 ema on daily charts, which signifies some bearish trend in the short term. Directional market is not there as it is behaving in a volatile and sideways mode. On the hourly charts, there is a formation on lower low lower high and market is following a bearish trend. Nifty has closed below both the moving averages and is now standing around 19400 levels. In the first trading hour market took resistance from 20 ema and closed even below the 200 ema, traded around it and finally formed an evening star taking resistance from the levels. On 15 minutes time frame, the closed is below both the moving averages and the market still looks bearish. Support :- 19300, 19185 Resistance :- 19500, 19580 The market has closed just below the support level and another support is 100 points lower. If market starts trading below previous day's low, bearish move will be there. Gap up and gap down opening will take the opportunity away as it will be stuck in a range. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
11 Aug ’23 Post Mortem on Nifty Full Short, But VIX disappointsThe first 5mts candle today had a swing range of 0.34% ~ 66pts but this did not drive up the OTM premiums. The majority of traders have forgotten what fear was like. India VIX was up 2 to 3% then and still in the 11.5 range. The complacency has gotten into the traders so deep that they think some dip buyers will come in and rally the markets by closing hour. Today we did not witness that, Nifty50 for a change did not see dip buyers in the last hour. Instead the selling was intensifying. Even then - there is no fear, in fact VIX closed with just a 1.07% gain. As I write this article, US VIX is 15.78 and SPX is just 3.23% down from the 52 week highs. Also now could be the best time for the big bears to enter the market as the valuations & prices are lofty and they get good meat! Glad yesterday’s short call worked out, but nothing to be proud of as 19296 (recent swing low) was not taken out. We did not even get near it today. You might be thinking I am pessimistic about Indian stock markets and a permabear - the reality is I am not. There is a severe disconnect between the stock valuations and the actual economy. I will try to publish the research “Why a full blown depression is a blessing for the poor '' by this weekend. The prices of day-to-day essentials are so high that low income households are slipping into poverty. Stock markets reflect the rich, not the poor. The broader economy can remain down and stock markets up for a long period of time, its just euphoria. But what bends usually is the stock price! On the 1hr TF, Nifty50 has fallen back below the bearish trend line. We will continue to go short till this status quo holds. The first target to take out will be the recent swing low of 19296. The next support comes at 19190.
NSE:NIFTYShort
by viswaram
#Nifty"Good morning! As of August 10th, the global market sentiment is slightly negative (based on the Dow Jones alone), while the market trend remains moderately bullish. There is no significant difference from the last session. Therefore, whether it opens with a gap-up or down, it won't matter. If the initial market experiences sharp declines, we can anticipate a ranging market or a correction. On the other hand, if the market exceeds yesterday's high, we can expect the rally to continue with minor corrections. However, the important thing to note is that today's market has a significant event: the RBI MPC meeting at 10 am. This is a major event, and the market will likely move based on its outcome. So, it's advisable to take your position a bit more cautiously. "
NSE:NIFTY
by Manickamtraders
#nifty"Good morning! As of August 9th, the global market sentiment is neutral to slightly negative (based on the Dow Jones alone), while the market trend remains moderately bullish. There is no significant difference from the last session. Therefore, whether it opens with a gap-up or down, it won't matter. If the initial market experiences sharp declines, we can anticipate a ranging market. However, if it breaks the immediate support zone, the correction is more likely to continue.. On the other hand, should the market exceed yesterday's high, we can expect the rally to continue with minor corrections."
NSE:NIFTY
by Manickamtraders
2
Nifty daily analysis for 08/08/23.Nifty has formed a doji and trade whole day in a range of 100 points. The market is following a rising wedge channel and today has given closing above 20 ema. On the hourly chart, it has closed above both the moving averages. There seems no opportunity for option buyer. Market opened gap up and remained volatile. Fight between buyer and seller couldn't take market anywhere and it closed only 80 points higher. On 15 minute chart, nifty took support from 20 ema and in the second half after crossing 200 ema took support from the level. Both the moving averages are close enough. Support :- 19535, 19420 Resistance :- 19600, 19720 Nifty struggled to cross 19600 levels today and closed below it. The market is giving gap up opening and not giving much opportunity to option buyer on intraday basis. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade