Get started

Niftytrendanalysis

Nifty Trade Plan for 13 DEC 2021Nifty Trade Plan for 13 DEC 2021 Expecting a gap up opening Nifty. In case Nifty opens above 17600 levels and if you get a chance to test R1 or Bullish Breakout zone of 17582 at opening and confirms a support, then we can expect upper resistance targets 17670 & above. In case 17680 taken out and sustains then we can expect 17820. Any resistance from Breakout T1 & T2 at opening we can look for possible shorting opportunity and expect Nifty to test R1 & may be PDH.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty 50On the weekly chart, Nifty has been traveling in an ascending parallel channel and this time round it has touched the bottom of this channel and is moving upwards, as you can see in the chart whenever it has touched and turned away from the bottom it has traveled atleast towards the midline, in today's position the midline value comes out to be 18436.60 Besides that weekly RSI 14 is 57.78 and is moving upwards, MACD even though it is showing bearish, it is above the zero line
NSE:NIFTY
by harshad_009
Nifty Retesting it's Breakout level 16700 would be crucial level for Nifty. It is the level from where Nifty made almost 2000 points upside rally and again 2000 points downside rally to retest it. If Nifty sustain above 16700 then we can expect an upside move from here. This is a general Analysis based on levels and my personal understandings. Please do your own research and analysis before taking any investing related decision. Thank you. I have added my previous post as reference.
NSE:NIFTY
by TheNoobDayTrader
Nifty Trade Plan for 18 NOV 2021Nifty Trade Plan for 18 NOV 2021 Expecting Nifty to open flat to small gap down today. Nifty had taken good support at previous virgin CPR levels,if that is compromised we can expect Nifty to test out 17800 levels once and find reversals from there. In case if we find some support around 17800-17840 levels we can expect Nifty to again test out CPR levels so we can have a long opportunity. In case of CPR taken on the upside, yesterday CPR will act as a resistance. Expecting Nifty to be in a range bound today being expiry.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Setup for 17 NOV 2021Nifty Trade Setup for 17 NOV 2021 Nifty looking weaker by closing below next day CPR levels in yesterday session. Expecting a flat to small gap down opening. If previous day low is compromised then the first support is around the bearish Breakout zone of 17900 and then if that is taken out we can expect 17800 to be tested. To go long today only if CPR is taken out on the upside then we can expect Bullish Breakout zone of 18100 to be tested.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Plan for 15 NOV 2021Nifty Trade Plan for 15 NOV 2021 Nifty made beautiful reversal from the monthly pivot in the previous trading session and gave us a good long opportunity and managed to close above the 18100 levels. Nifty has formed a wider CPR on intraday time frame and hoping to be in a range today. In case Nifty opening gap up, we have resistance around 18162-18185 levels. If resistance is confirmed around these zones after opening we can go for possible shorting opportunity and we can expect Nifty to previous day closing of 18102. In case Nifty opens flat and previous session high is taken out on upside with support confirmation we can expect Nifty to test 18180 levels. On the higher side 18222 is strong resistance from Virgin CPR . In case if Nifty opens flat and test CPR and bounces back again above 18043 then we can again go long with target of Previous day high.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Futures Key levels and Targets 9th Nov 2021Nifty Futures Key levels and Targets 9th Nov 2021 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:NIFTY1!
by sbkurandwad77
1
Nifty Trade Setup for 09 Nov 2021Nifty Trade Setup for 09 Nov 2021 Nifty gave a beautiful rally taking support from previous virgin CPR and looking strong. In case if Nifty opens flat or gap up then any pull back to today closing price or Bullish Reversal zone of 18000 or 17970 is a buying opportunity and we can expect Nifty to test our first target of 18140 & if 18160 resistance is taken out we can expect 18230 & 18300 levels. Unless the previous CPR is not compromised its not safe to go short in Nifty.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Analysis for 2nd NovNSE:NIFTY ⏺ 4/1 Hourly - High possibility of breaking 1st resistance and then reversing. ⏺ 15/5 min - Taken support on 17900. This should help in breaking second resistance of 17980. ✅ Support - 17900 ❌ Resistance - 17980, 18090 📈 Trend? - Very hard to tell. I would wait till either 1st resistance or bottom support to break. ↕ Market movement - 250-300 pt ❗❗ Watch out for : --> At the opening, most likely market will be in continuation of uptrend. And it will also break 17980 resistance level. But after that it's very likely that the uptrend will convert into downtrend if buyers are weak. -->Even if you want to ride till second resistance, I would strongly suggest to wait for retracement on the 1st resistance of 17980 after it's broken. --> Respect the yellow support. If it is broken, go short blindly. DO NOT short anywhere above it. --> In case of gap up, wait & watch. --> in the slight possibility of gap down, 17900 support becomes resistance, trade accordingly.
NSE:NIFTY
by Pranav_Kaneria