#NiftyGood morning! As of June 12th, the global market indicates a positive start, with a bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect pullback continuation with minor consolidation. Structurally, this pullback wave is the 2nd wave, so once it reaches Fibonacci levels of 50 to 61%, we can expect a correction. On the other hand, if the initial market declines sharply, we can expect a range-bound market or correction. It should break yesterday's low.
Niftytrendanalysis
#NiftyGood morning! As of June 9th, the global market indicates a neutral to slightly positive start, with a bearish market sentiment. It might open with a neutral tone. After that, if it breaks yesterday's low, we can expect a continuation of correction with minor pullbacks. On the other hand, if it initially takes a sharp pullback without breaking yesterday's low, we can expect a range-bound market.
#NIFTY Intraday Support and Resistance Levels - 08/06/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18750 level and then possible upside rally up to 18880 in today's session. in case nifty trades below 18720 level then the downside target can go up to the 18600 level.
#NiftyGood morning! As of June 8th, the global market indicates a neutral to slightly positive start, with moderately bullish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, that's a sign of sub-wave 3rd continuation. If it rejects around the major key resistance zone, we can expect a 4th minor correction and a 5th pullback wave. Once the 5th wave is complete, we can expect a correctional (abc) structure. If you want additional confirmation, then use EMA 20 and fib 38% level. If it breaks EMA 20 and the fib level of 38%, that's a sign of a trend reversal.
#NiftyGood morning! As of June 6th, the global market indicates a neutral to slightly negative start with moderately bearish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, we can expect the sub-wave 5th (impulse) with minor consolidation. Alternatively, if it initially declines, we can anticipate a range market correction.
#NiftyGood morning! As of June 5th, structurally, there have been no significant changes. The global market indicates a positive start with bearish market sentiment. It might open with a gap-up. If it sustains, we can expect consolidation for pullback continuation. Alternatively, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range.
#Nifty"Good morning! As of June 1st, the global market indicates a negative start with moderately bearish market sentiment. There may be a gap-down start initially. After that, if it takes a pullback around the Fib level of 61%, we can expect the range market to continue pulling back. On the other hand, if it breaks a major key zone(38%), that is a sign of correction continuation."
Nifty View for Day 01-06-2023In Nifty Upper side 18650 is Important Level
and Lower Side 18450 and 18250 is important level.
Previous day Nifty has closed @ 18534.
Check Previous Day Level Performance and comment.
For any Feedback and Suggestion, please free feel to message us.
Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
#Nifty"Good morning! As of May 30th, the global market indicates a negative start with a moderately bullish market sentiment. There may be a neutral start initially. Structurally, the consolidation indicates a bullish formation, thus suggesting a high probability of rally continuation. On the other hand, if it declines initially, we can expect a minor correction."
#NiftyGood morning! As of May 29th, the global market indicates a positive start with a bullish market nature. The SGX Nifty indicates a long gap-up, so we don't know exactly where it will open. Structurally, it's a strong bullish market. If it breaks the major key zone, we can expect a rally continuation. On the other hand, if it declines at the start, we can expect a minor correction. It could possibly indicate a rally continuation. Due to the trend, market consolidation will mostly follow the trend. Therefore, if it experiences a minor correction (within the Fibonacci level of 38%), we can expect a rally continuation in the upcoming sessions.
Nifty View for Day 29-05-2023In Nifty Upper side 18700 is Important Level
and Lower Side 18450 is important level.
Previous day Nifty has closed @ 18499.
Nifty may open Gapup.
Check Previous Day Level Performance and comment.
For any Feedback and Suggestion, please free feel to message us.
Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
#NiftyGood morning! As of May 26th, the global market indicates a negative start with a moderately bullish market nature. There may be a gap-down at the beginning. Structurally, the ABC correctional structure has finished. It is the first pullback for the next cycle. If it rejects major resistance or the gap-down sustains, we can expect a second wave. It shouldn't break yesterday's low. If it breaks, that's a sign of correction continuation.
nifty 25th may (evening star pattern) completeAs predicted yesterday it formed a evening star pattern in daily time frame and closed below the previous day low. This confirms the trend reversal but buyers are still active and trying hard to push to the all time high and FII's buying is continuing.
Possibility of range bound market so go with less quantity or go for the next series(june month).
Trade with the market direction don't be bullish or bearish.
Buy above 18363(18300 CE) Target 18394,18418,18461
Sell below 18256(18300 PE) Target 18214,18181,18108, 18054
OI Data:
18300 Call writing 1.2 cr
18200 put writing 1.2 cr
FASP levels for Nifty 23/05/2023The FASP for Nifty is listed for 23-05-2023. 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 Intraday Support and Resistance Levels - 19/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18200 level and then possible upside rally up to 18330 in today's session. in case nifty trades below 18160 level then the downside target can go up to the 18050 level.
FASP levels for Nifty 18/05/2023The FASP for Nifty is listed for 18-05-2023. 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 16th May 2023Buy above 18386 (18300 CE) Target 18431,18458,18496
Sell below 18280 (18300 PE) Target 18194, 18161, 18099,18045
Nifty break the range and made 150+ points today. Am expecting nifty to be bullish and will take resistance at 18490 level. Tomorrow it may be the range bound as it's finnifty expiry as well.
NIFTY 15th May 2023nifty is in consolidation of 120 points unless it breaks above or below we will not see good move.
Buy above 18344 (18300 CE) Target 18397,18429
Sell below 18220 (18250 PE) Target 18161, 18099,18002,17963
Risk takers only
sell below 18283(183050 PE) first target 18220
buy above 18303 (18250 CE) first target 18344
#Nifty"Good morning! As of May 15th, there is no significant difference compared to the last trading session. The global market has shown a negative start with a moderately bullish nature. It may begin with a gap-down, and if the gap-down sustains, we can expect a correction with minor consolidation. On the other hand, if the market sharply pulls back at the start or rejects the immediate support zone, that's a sign of a range market and a pullback continuation."
FASP levels for Nifty 15/05/2023The FASP for Nifty is listed for 15-05-2023. 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.