Nifty daily analysis for 13/09/23.After a gap up opening, there was a profit booking and market consolidated as it has already stretched alot and it may take a halt or market may become volatile.
On the hourly charts, there was profit booking in the first hour and market remained inside the candle whole day closing almost flat.
Nifty has hit a new ATH and there should be a halt or a retracement before carrying on with the bullish momentum.
Markets can't just go up without any rest or retracement and after a movement there will be a sideway to volatile market. Watch the market to consolidate or retest the lower support levels.
On 15 minute time frame, market has near to the 20 ema and is taking resistance from the round number figure of 20k.
Support :- 19920-50, 19860
Resistance :- 20020, 20110(ATH)
Wait for the price action near the levels before entering the market.
Niftytrendanalysis
NIFTY 12.09.2023 LEVELS..Nifty Spot : 19936.35
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option STRIKES & Level One Week.
Draw The Lines Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Strike : 19800 CE
Buy At : 106, Sl : 95, Next Sl : 63
Target : 132
Target : 159
Target : 185
Target : 212
Target : 238
Target : 264
Target : 291
Target : 317
Option Strike : 19800 PE :
Buy At : 74, Sl : 67, Next Sl : 45
Target : 93
Target : 111
Target : 130
Target : 149
Target : 167
Target : 186
Target : 204
Target : 223
Every Target Point Is An New Buy Entry. First You Conform The Trend..
Market Goes Uptrend Or Downtrend. Then Only You Entre CE or PE Strike.
If You Enter... Stop Loss is Below The Entry 15 To 25 Points.. Otherwise You Loss The Money.
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
Don"t Enter Blindly.
PROBABLE WEEKLY INVERTED HEAD AND SHOULDER BREAKOUT POSSIBLEA probable Inverted Head & Shoulder Chart Pattern Breakout will happen on the weekly Time frame of NSE:WOCKPHARMA
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only after successful breakout confirmation.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
#nifty"Good morning! As of September 8th, the global market sentiment is slightly positive, based on the Dow Jones alone. The market trend is bullish, and there is a possibility that the market might open with a slight gap-up. If the gap-up sustains, we can expect the rally to continue with minor corrections. On the other hand, if the initial market experiences sharp declines and reaches yesterday's minor high, that's a sign of a trend reversal."
NIFTY 06.09.2023 LEVELS...NIFTY : Current Price- 19575. OPTION : 19550 CE & 19550 PE
Resistance- 19582 After a Break of Resistance
Target 1 -19594.3... Target 2 -19616.5... Target 3 -19640.7... And Target 4 -19705...
SL... Below the Resistance Line...
Support- 19547.5 After a Break of Support
Target 1 -19513... Target 2 -19478... And Target 3 -19418...
SL... Above The Support Line...
EDUCATION PURPOSE ONLY.
NIFFY BEST LEVEL'S💲🤑O Description. 06 sep
Nifty Actionable levels for Tomorrow
#Current Price- 19577
Good #Resistance- 19677
Strong #Support- 19328
#Target we can expect 19638 and 19677 if a break of 19586 above ⬆️ Resistance level 🎚️
#Target we can expect 19441 and 19377 if a break of 19539 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
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
NIFTY LEVEL 🤑Nifty Actionable Level's
#Current Price -19423
Good #Resistance -19448
Strong #Support -19257
#Target we can expect -19487 to 19584 if break up-resistance level
#Target we can expect -19377 to 19257 if break down-support level
Execution trade should be above or below resistance / support 15 mint candle!
Alerts ‼️ 🚨 This is only for educational purposes
Thank you 🙏 AkashXtrade
Bullish Kicker - Regression Channel BODaily time frame;
Regression Channel breakout Indicates Change in trend
Weekly time farmes;
Bullish Kicker candlestick signals reversal from the yellow support line, which was drawn from two prior tops (Oct'21 & Nov'22), which provided support as projected
Way forward,
1. Resistance, 19600
2. Support, 19200-19250
#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."
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.
#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
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.
#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."
#nifty"Good morning! As of August 24th, the global market sentiment is positive (based on the Dow Jones alone), and the market trend is moderately bullish. The market might open with a gap-up. If the market reaches resistance with consolidation, we can expect a minor correction. On the other hand, if the initial market experiences a sharp rally, then the rally is likely to continue with minor consolidation."
#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."
#NIFTY Intraday Support and Resistance Levels - 23/08/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19400 level and then possible upside rally up to 19520 in today's session. in case nifty trades below 19380 level then the downside target can go up to the 19260 level.