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...
Hey there i am sharing my insight on nifty for another possible bullish scenario from here as we can see we are making and descending wedge pattern which usually a bullish sign What we have to wait for?? Is just we need volume at the time of breakout unless it will be just a fakeout
In this video, we'll discuss about Today's Market Analysis in Nifty and other segments too. Also will Discuss about Option Chain. Whether you're a seasoned trader or just starting in the stock market, this video will help you in Learning about Market. Let's get right into it! ✅I hope you liked the video. Be sure to hit that LIKE and Follow button and drop a...
"Good morning, friends🌺! As of December 6th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows an extremely bullish trend. It might open with a gap-up start, considering the GiftNifty value at +60. Afterward, if the gap-up has a solid structure, then we can expect the rally to continue. On the...
Nifty Analysis Recap from yesterday: “Nifty has made an island today and is in uncharted territory. If the momentum persists, we can see unusual outperformances. If there is negative news or weakening global macros — we can see a fall too. Since we have broken out from an ATH, the chances of momentum continuation are higher. I would continue to hold on to my long...
During the previous upmove, Nifty left a lot of gaps on the downside. All of those gaps, as shown in the chart, have now been filled. Nifty has a high chance of bouncing back from here. Markets are extremely oversold, abandon your bearish bias atleast until you see a corrective move on the upside
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...
Please note that I am not a SEBI registered research analyst, and this analysis is not intended to be construed as a buy or sell recommendation . As of 05th December 2023, NIFTY50 appears to have found support around the 18850 level and has been exhibiting a bullish trend, currently trading near 20800 . Based on my analysis, there is a possibility of a minor...
"Good morning, friends🌺! As of December 5th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows an extremely bullish trend. It might open with a neutral to slightly gap-down, considering the GiftNifty value at -20. Regarding yesterday's structure, despite a significant increase during the last...
As we discussed in the last analysis, nifty has moved to a bull target. Now, it's trading at its all-time high. Can it go further high? Option OI data shows it's heavy bullish. Bulls have made heavy PE writing on 20600 and 20500. on the upside, bears don't have much of a position. It seems either it can go upside down or it might go sideways. There is no Bear side...
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...
This research is based on the past data and rend of the market how the react at that points/ levels. we are considering days wise research, Valid for upcoming days (whole Novemberand mid of December2023)*until unless any big movement in market, leave 1 new high in market 20450-500 level 2 20250
structurally, we can anticipate a rally continuation if it breaks today's high. We can expect a correction only if it breaks the 38% level. In the meantime, the market might undergo some consolidation."
- As you can see that, Nifty has broken ATH - Market Sentiment and Technical Indicators are positive - Momentum is Positive and Trend has strength However, DO NOT EXPECT a straight Move towards 22K / 23K - Nifty must consolidate for few weeks which will serve as a Base for Next Up Move - Weekly Highs will act as a Resistance - MACD to regain the Bullish...
long view target is 985 stoploss zone is 930 to 920 risk to reward ratio is high ABCD harmonic pattern is active RSI is also showing strength
Nifty Analysis Recap from yesterday: “On the 1hr TF, 20015 was today’s stop and reversal level. The hourly candle seemed pretty strong, but some credibility has to be given to this new support level. I wish to continue with my bullish stance, the upper target will be the ATH and the lower target will be the new support of 20015.” 5mts chart link - click here It...
Nifty looks gearing up for next level of 21K sooner rather than later. Next week, Nifty should give close above 20220 which is an important resistance level. Once nifty surpass resistance level and close above this level next week, nifty is going to achieve 21K level very well before Diwali.
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...