Get started

Niftytrendanalysis

Nifty Trade Plan for 11 June 2021Nifty Trade Plan for 11 June 2021 How chart looks on HTF : Nifty formed a good bullish candle on daily time frame taking good support from monthly support zone Expected Opening : Expecting a flattish to small gap up opening in Nifty. Today's Trade Setup : Nifty looks bullish and managed to close above next day CPR. If flat or gap up opening, watch out for first resistance around 15751 and if that is taken out we can trade long for 15800 & higher. If gap down opening, will wait for 15700 to be taken out on the lower side and might try for shorting opportunity till 15634 levels & lower.
NSE:NIFTY
by RaviChandran_Rajkumar
Nifty Trade Plan for 10 June 2021 - Expiry Day setupNifty Trade Plan for 10 June 2021 How chart looks on HTF : Nifty formed a bearish candle and managed to close just on the monthly opening price as support. Expected Opening : Expecting a flattish to small gap up opening in Nifty. Today's Trade Setup : Monthly Support (Purple dotted line) is a good support that was sustained in yesterday's session. Expecting Nifty to open flat to small gap up. In case Nifty opens flat, 15635 is the key support to watch out. Incase that holds good on opening then we can expect first resistance at 15696 and then we can expect it test weekly resistance at 15731 and previous day high of 15800 In case if Nifty opens flat at 15635 and taken on lower side , look for the first support at monthly support of 15560 and if that is compromised you can look for 15432 next support. Expect Range for Nifty is 15800 to 15462 Being expiry market to be very choppy and look out for premium decay, watch out for your entry timings.
NSE:NIFTY
by RaviChandran_Rajkumar
NIFTY 50 Index - BullNIFTY 50 Index (Chart as on 7 June 2021) * Tested 4 times already at the bottom of the trend channel line and now moving upward * break-out the head & shoulders pattern * Clear Signal for a Bullish Market * Still, chances are there to re-test at 15320-15400 range, as a small correction * But overall it seems like a bull market for next 1000 points Good Luck! *** You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. *** **Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index. ****
NSE:NIFTYLong
by pmosesoliver
1
Nifty Analysis | The Make or break of the monthly consolidation What I see is the drying pressure of bears in 1hr as making Higher lows but at the same time we are getting resistance from the same 15k LVL, nifty is residing on the gapper support and resistance created some days back, Sgx nifty is showing -200 as of now meaning breaking our gapper support lvl + a gap down below the 1hr strong trend line = bears have won the race already. Strategy: don't sell as the market opens tomorrow as many would book their overnight profits and this would create a mild short covering on a shorter time frame, what we can do now is sell on a good rise, if the risk is appreciable I will post it here only, for now, bear market awaits until we see a break of 15k lvl with a power candle and its retest and another higher low above 15k would only create a bull market for a positional basis. Also short the weaker one ... nifty or bank nifty :) Happy trading :)
NSE:NIFTYShort
by Averoy_Apoorv_Analysis