Nifty Future Levels for 16 JUNE 2022NIFTY TODAY - 15 June 2022
Opened near the mid line of my downtrending channel an touched it in first 3 minutes at 15719, took support from there and bounced.
Reached the upper line of downtrending channel at 15798 and couldnt cross it for the whole day. This is the power of Tech Analysis.
NIFTY FOR TOMMOROW - 16 JUNE 2022
Not many changes in the chart levels. Best of Luck for tomorrow.
Niftytrendanalysis
Nifty Future Levels for 14th June 2022Hi, Today on 13th June 2022, after a massive gap down of 300 points, Nifty respected our zone, it stuck in the zone of 15923-15885 tried to go up but the sellers didnt allow.
Then it went down and and again stopped at my zone of 15772-15740 consolidated for 3 long hours.
Then tried to break the Demand Zone but came back and closed just above my demand zone at 15790.
Best of Luck for tomorrow, do trade at confirmation candles around the zones only for better R:R
Nifty Future Levels for 13 June 2022Today on 10th June 2022, Nifty Futures started just below my demand zone, tried to pierce the demand zone but coudn't.
Then made Lower Lows and Lower Highs to reach to my next demand zone on 16241-16201, tried to break it but finally it had to close in the bottom of the zone.
Power of #TECHNICALANALYSIS
For 13th June keep eye on downtrending channel and the zones below. Market may be quite negative on monday due to Dow Jones and Nasdaq down fall, today.
Nifty Future Levels for 10 June 2022Hi did you see how Nifty respected my zones today
It got stuck in the zone between 16346-16372 for 3 and half hours clinging to my uptrending channel which was crossin the zone.
Then it got trending from 2.15 pm and stopped and closed exactly at my zone of 16485
Power of #TECHNICALANALYSIS.
Best of Luck for Tomorrow.
Nifty Trade Setup for 04 MAY 2022Nifty Trade Setup for 04 MAY 2022
Nifty likely to open flat. Nifty closed on a positive note in the previous session and any pull back to test 17021 / 17000 levels is a good buying opportunity after confirmation of support.
We will look for possible sell opportunity only if S1 support of 16960 is compromised for lower Target of T1 & T2.
Any support around CPR or break out PDH we can expect possible target of 17135.
In case if R1 resistance of 17135 is taken out & sustained we can possibly look for T1 & T2 targets on the higher side.
NIFTY 50 ( ELLIOT WAVE ANALSIS ) TECHNICAL ANALYSIS expecting a bearish movement from tomorrow
we short nifty with a target of 16600 and stoploss of 17600 taking entry @17400
competed the 4th wave cycle so expecting the beginning of 5th wave tomorrow
this analysis is just for educational purpose only
tae trades based on your own risk
Nifty Trade Setup for 21 APR 2022Nifty Trade Setup for 21 APR 2022
Nifty closing looks bullish and managed to close above today's and tomorrows CPR.
At this point of time the global clues looks bullish to neutral.
Flat Opening:
CPR should act as a good support & Bullish Reversal should act as a strong support. Any support confirmation around these zone we can possibly go long & expect Bullish Breakout Zone of 17250 as first Target & then trial for upper levels.
Gap up Opening:
In case of gap up opening or carrying BTST, expect first resistance around 17225-17250. A break out this zone we can look for long opportunity.
Gap down opening:
Any resistance at CPR & CPR low is compromised we can expect 17000 levels to be tested and Bearish Breakout compromised we can expect lower targets.
Nifty Trade Setup for 19 APR 2022Nifty Trade Setup for 19 APR 2022
Expected Opening:
Nifty expected to open with a small gap up opening between R1 resistance and Bearish Reversal zone.
In case R1 resistance holds good we can again expect Nifty to test CPR levels. Any support getting confirmed at CPR we will have a good opportunity to take long position with R1 & above targets.
In case if CPR is compromised then we can expect Bullish Reversal zone & Bearish Breakout zone as the next supports to watch out. In case Bearish Break out getting compromised we can expect more selling pressure.
Nifty has taken good monthly cpr support and likely to recover back.
Nifty Futures Analysis, Nifty at crucial level.Nifty Futures Analysis, Nifty at crucial level.
The Nifty is likely to retrace and rise further, if it breaks the resistance line and stays above 17500, we may see new highs in the short to medium term. On the downside, major support should be around 17000-16500. Current scenerios, news is always going to have a major impact.
Nifty Trade Setup for 22 MAR 2022Nifty is bearish aligned for the day. Lot of resistance on the upside as marked on the charts. Breakout of R1 is Nifty is a safe bet to go long.
Any resistance from CPR or break out Previous day low is a good shorting opportunity in Nifty today for possible lower targets as marked.
NIFTY ROAD MAP 18620 TO 13967nifty road map 18620 to 13967
- nifty is forming a downfall range
- bottom tangent line is acting as a support
- 15905 is a good support area for nifty
currently market is heading towards 17777 area
-from 17777 area, after break of 16741 levels we can see levels of 15017
-then we can see again upmove of 16741
-from 16741 area market will head towards 13967 area
thanks
Nifty Trade Setup for 16 MAR 2022Nifty found a support at PDL and bounced back during closing and managed to close on a bearish note below the next day CPR.
Looking at the global parameters at this point of time, nifty is expected to have a gap up opening around Previous day high.
Unless the PDH is sustained and support is confirmed going long is risky.
In case Nifty opens above R1 resistance tomorrow and R1 is compromised and resistance confirmed we can trade for short till CPR & previous day closing price.
Expect a volatile market as Dow Jones is on a raise and Chinese market has collapsed by almost 5%, so tomorrow trading will be interesting to watch out.
INFO edge - agree or disagree ??hi ,
please watch info edge pattern , due to gloabal country war market down and this stock also touch and rebound crucial support but incase situation is horrible then stock break 4321 level and goes to 3800 .
just we expect only but things not happen like we thought .
what is your opinion ?
Nifty price action storyNifty is on sideways trend-
Theory to proof.
1.19Oct-2021 price created new higher high.
2.After that price start falling from new higher high.
3.During fall price created weekly supply zone.
4.On monthly time frame we can not say price created monthly supply zone.
Reason- we have only single leg-out candle on monthly frame without any follow-up.
5.On wards 20 dec weekly candle onwards price again travel towards to weekly supply zone.
6. and 17 Jan weekly candle start respecting supply zone.
conclusion - One weekly demand & one supply zone is respected.