As we have discussed, the nifty Bullish structure today has successfully broken and retraced to the upside. Now, if we look at the chart data: The market has given a successful breakout to the upside. The market is trading at ATH. The market has already retraced the breakout and has proven the bull's strength. Now, the market is ready to go up. If we look...
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! Here are the directions for February 20th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a moderately bullish trend. It might open with a neutral to slightly gap-down start, as indicated by Giftnifty, showing a -30 point decrease. Nifty has reached a new all-time...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “From 15th Dec 2023 to 15th Feb 2024 — Nifty was in a narrow range of 21491 to 21913 with a couple of false breakouts/breakdowns. So we are keeping our fingers crossed this time to validate whether it works out. One way to do that is to check for follow-through price action. Blips do not last that long 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...
"Good morning, friends! Here are the directions for February 19th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment also shows a moderately bullish trend. It might open with a gap-up start, as indicated by Giftnifty, showing +30 points. The Nifty last session closed positively with minor...
On a high level this week I see we may be bearish to start and then after filling the FVG on the 1H we may see the price bounce above I'm expecting the price to either gap down to fill the gap and also to reduce those who were long last week and then continue falling down to reach between 21700-21800 levels or It can test the ATH as that's the nearest liquidity...
For tomorrow, buy Nifty if sustains above 22150, it may go upside. On the other side, if Nifty goes below 21950 on the downside, we may see 21700 and below marked levels on the chart. Disclaimer: All information provided here is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own...
Today Nifty opened above 22000 and after making a morning low around 21970, Nifty remained in range and made a high at 22068. For tomorrow, buy Nifty if sustains above 22070 for the targets of 22100 and upper marked levels. On the other side, if Nifty breaks 21960 on the downside, we may see 21920 and below marked levels on the chart. Also, if Nifty closes below...
- Nifty on a 1D TF is trading near a very crucial supply zone - Now the thing to notice would be how it reacts from this zone - I would insist everyone stay cautious and not fall in the trap of making something when the risk is too much - It can be very risky to initiate future longs here when you can see Nifty hovering near a supply - For longs risk here is...
NIFTY 50 Trend : Based On Trend Analysis Comment below . what will happen next?
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “A gap-up is ideal as it will quickly tip the balance to the Bulls as short sellers will have to run for cover. We wish to change the status from neutral to bullish only if we get a 63mts candle above the 21913 resistance line.” 4mts chart We all knew it would be a gap-up today and see how the bears ran...
As we discussed NIFTY for today, it ended sideways. Now, if we look at the chart data: The market has already given a breakout as it expired today. It ended sideways to the upside while facing resistance at 21950. The market will be sideways in the range of 21800-21950. EMA has given bullish-crossover EMA(50,200). Which shows the market is in a good...
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 Good morning! the market directions for February 16th. It seems like there is an overall positive sentiment in the global market, with support from the Dow Jones. Locally, the market sentiment is also moderately bullish, with a potential gap-up start indicated by Giftnifty showing +60 points. Regarding Nifty, it's mentioned that there has been a breakout...
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...
A bullish engulfing candle on the daily charts after a gap down opening is showing some positive momentum and there are possibility of market test 22k levels soon. Today the market remained in a bullish move from the morning and closed above the 20 ema. After a consolidation there was a good break out and market tested the resistance level of 21850. If there is...
Good morning, friends! Here are the directions for February 15th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a moderately bullish trend. It might open with a gap-up start, as indicated by Giftnifty showing +80 points. Nifty had a fantastic rally in the last session, so structurally it will...