Get started

Niftytrendanalysis

Bullish Nifty Analysis, Road to 17600 or a ReversalAfter breaking 15900 level Nifty has been making new lifetime high almost every week or day. To be honest I haven't expected Nifty to rally 1400 points within a month. What now? After a fantastic 1400 point rally we can expect a retracment or correction. But there is a possibility of Nifty touching 176000 if Nifty gives breakout above 17460-17480. This Analysis is based on Nifty's price movement behavior. A possible reversal up to 17000 is expected as per price action. And if you draw Fibonacci level from the last bottom of Nifty which is 15500 to present top 17440 then you will see 17000 level is showing as 23% retracement zone. Let me know your thought in the comment section. Thank you
NSE:NIFTY
by TheNoobDayTrader
4
Nifty Trade Plan for 09 Sep 2021Expecting a flat opening in case of Nifty. Nifty recovered well after testing that 11250 levels on closing and managed to close above next day CPR. Today's CPR should act as a good support on flat opening and 17390 & 17430 should act as a strong resistance on upside. In case if 17430 taken on upside we can again see Nifty rallying on the upside. In case if CPR low of 17318 compromised early during the day and also Previous day low compromised then we can expect possible lower Target 1 & Target 2 & Ex-Targets as identified by the indicator.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Setup for 24 Aug 2021Long Opportunity : If Nifty opens flat and CPR provides support and first resistance of 16530 taken out we can expect it test 16550 & then the previous V-CPR levels. A close above V-CPR we can expect again to go long and sit for Target 1 & Target 2 Any good support at yesterday's low is good opportunity to go long. Short Opportunity : Any resitance at V-CPR we can possible go short with VCPR above as SL and expect it to test CPR. If it opens flat and compromises CPR then we can expect to yesterday lows.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Intraday Levels for 15-07-2021NSE:NIFTY Levels will be same as given earlier. Go Long only above 15880 Target -1 15940 Target- 2 16000 Go Short only below 15739.40 Target-1 15684.10 Target-2 15628.40 Scenario: 1) If Open with gap up above 15880 then go long but wait for initial 15-20 minutes. Book profit with 50-55 points only. Then wait for a clear sign for for uptrend. 2) If Open with gap up above 15880 and within 15 minutes face resistance at 15920 then don't jump to take any trade. Let it go down till 15840 and break it with powerful candle. Then follow the marked levels on sell side. I recommend to keep on booking 50-60 points profit as tomorrow is expiry day. 3) If open with flat around 15830-15850 then wait for a clear trend and follow the level on either side. If breakdown below 15809 then take first target till trend-line. And if the trend-line breaks down then follow the marked target level. 4) If Open with gap down around 15780-15800 then wait till it breaks down the trend line to go short or wait till it breaks up the 15880. Don't trade in between these level as tomorrow is expiry and market may be sideways in the 1st half. It is not good to loose your option premium in sideways market. If any doubts/suggestions, comment below. All the best for trading on expiry day.
NSE:NIFTY
by Trading_hawk
10
NIFTY FELL SHARPLY DUE TO GLOBAL PRESSURE NOW WHAT??Asian markets tumbled on concerns about China's recovery and tighter regulation on technology companies Now it stands at very crucial levels as if the Index fails to reverse from current levels and break below 15680 levels then it should be considered as a breakdown from the ending diagonal pattern In 45 minutes time frame NIFTY is still seems to be consolidating which shows indecisiveness but levels to watch as of now to make any new fresh positions are 15900 above and 15680-15620 as SUPPORT upward you might see multiple RESISTANCE, some of them are R1 15730 R2 15800
NSE:NIFTY
by Wealthcam