"Good morning, friends. Directions for December 15th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a bullish trend. It might open with a gap-up start based on Giftnifty, which shows 70+. The market is making a new high every day, so whether it opens with a gap-up start or a neutral start is not...
NSE:NIFTY Time Frame: 15Mint ABOVE 21200 Possible Rise Till 21280+, 21300+, 21400++ BELOW 21160 Possible Fall Till 21120+, 21060+, 21020++ Strong Support Of 50DAY EMA. PLEASE DO FOLLOW IF YOU LIKE OUR ANALYSIS.
Today, we didn't get a trade as per set-up because of the big gap-up. Yesterday we seen a big upmove in US markets as FED kept interest rates unchanged which supported today's rally in Indian Markets. For tomorrow, Nifty looks good if sustains above 21225 for the targets of 21265 and upper marked levels. On the other side, if Nifty breaks 21150 on the downside,...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
"Good morning, friends. Directions for December 14th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a moderately bullish trend. It might open with a significant gap-up start, creating uncertainty about its exact opening position. Here's the basic structure: if the market breaks the immediate...
Nifty Analysis Recap from yesterday: “But from a real price action perspective, I have changed my ultra short-term stance to neutral now. To gain back the bullish momentum, Nifty has to close above 21037. To go bearish, Nifty has to fall below 20691.” 4mts chart link - click here Nifty does a classic U-turn today, around the 20770 levels. For a moment I...
Nifty Prediction for tomorrow. BEARISH Trend Continuation and Sideways. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
- IMO Nifty is in a sweet zone to look for shorts - 50-100PIPS SL looks fair enough - Nifty has many imbalances and FVGS to fill - The trend has just started fading very soon it should show an impulsive move towards the downside
Good morning, friends. Directions for December 13th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a moderately bullish trend. It might open with a neutral to slightly gap-up start. Structurally, it's a range market. However, if the market breaks the immediate resistance with a solid structure, then...
As we discussed yesterday, Nifty gave a breakout to the downside and took support near 20850. but as the pressure of the selling was quite good, the volume increased at each candle after the Breakout. We can expect more fall tomorrow. Reasons: RSI < 40 (Bearish) Bearish engulfing candle at Day-Timeframe. And it's forming at the all-time high top of the...
Nifty expected to form wave 4 within wave 3 of minute degree. Anticipating further decline to complete wave 4 before potential further highs.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
NIFTY is now at extreme level of high it can be fall anytime and there is a trend like which got 2touch so it can come back to take 3rd touch for go up higher than higher or fall deep than never expected 18000 so it have to take a support on the 3rd touch happy trading ❤
Nifty important levels to watch are as follows #Support: 20930 Sell below: 20930 only on 15 minute candle closure below the level. Target 1: 20885 Target 2: 20850 Target 3: 20800 #Resistance: 21010 Buy Above: 21010 only on 15 minute candle closure Above the level. Target 1: 21050 Target 2: 21095 => # Remember each level will act as a support and...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
The Big Six of NIFTY 50 - HDFC Bank - Kotak Bank - INFY - ITC - Reliance - TCS Appear to be forming a base ( rounding bottom ) in higher time-frames. It is a very interesting development as these heavyweights together have not been outperforming the broader market, for quite sometime. This could be an early sign that momentum might be shifting towards large caps.
As we have been discussing in our last post, NIFTY's bullish momentum has performed as we discussed. Now, NIfty is facing resistance, as can be seen on the chart. It's still forming a higher High. But it is not able to make a higher LOW, which shows the weakness in the bullish trend. In the OI data, we can see that 21000 is showing huge resistance. I am expecting...