Nifty has formed a solid pullback structure around the 50% Fibonacci level. Structurally, it might continue, but it should break the Fibonacci level of 38%. If the market breaks the 38% Fibonacci level with a solid structure, then we can expect further pullback continuation with minor rejection. However, if the market opens with a gap-down or rejects around 21842,...
Nifty is forming a bullish CUP & HANDLE pattern, but the full structure is not yet complete. If the market breaks the pattern high, then we can expect a further rally continuation. Note: The market should not break the Fibonacci level of 50%; if it does, the pattern will become invalid.
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 9th: The global market sentiment remains moderately bullish, supported by the Dow Jones, while our local market sentiment shows a bearish trend. It might open with a neutral to slightly gap-down start, as indicated by Giftnifty showing a -25. Nifty had a sharp correction in the last session. So, if the...
#Nifty zone and levels for 9-2-2024... Zone coordinates are 21804-21787... Have a profitable day everyone... :)
As we have discussed, Nifty has had a bearish structure for the past 2-3 sessions. Nifty was moving in a symmetrical triangle pattern, which is a neutral pattern. Today, it has broken down to the downside, the same as we have been discussing. Now, if we look at the chart: The market has successfully broken to the downside and has retraced 200 EMA,...
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...
Today, I'm sharing my support and resistance levels. Not much of a change I'll be trading based on these levels. if you think it's useful, please like and follow
Hello guys posting important #Nifty Zone and Levels for 8-2-2024.... Zone coordinates are 21976-21961 Have a profitable day everyone...:)
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...
Today Nifty opened with a gap up around 21830 and after consolidating it gave a breakout above 21850 which was also out buy level and Nifty gave a rally towards 21950. Yesterday we also posted an idea about a Fall around 10:00 am and we saw 70 - 75 points sharp decline from 21850 levels. For tomorrow, if Nifty sustains above 22000, we expect to see 22040 and...
"Good morning, friends! Here are the directions for February 7th: The global market sentiment is moderately bullish, 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 a +110. Nifty has a pullback structure as expected from the last session. So, there...
Good Morning all, Today, I marked my support and resistance levels in NIFTY in 15 min timeframe. Hope this is helpful for you, Please like and follow.
NIFTY Intraday Trade Setup For 07 Feb 2024 Bullish-Above 21970 Invalid- Below 21920 T- 22150 22350 Bearish-Below 21720 Invalid-Above 21770 T- 21525 21315 NIFTY has closed on a bullish note with 0.72% gain today. Nothing triggered as per trade setup today. It has revered yesterday's sentiment and chances are high that there can be bear trap above 21970 tomorrow....
There is still a monthly fair value gap sitting at 21137.20, which I believe will be filled this month only. Now the current prices look bullish on the daily as well as hourly charts, meaning the prices might push higher towards the all-time high and then it might begin a down trend to reach the monthly fair value gap. For tomorrow, if market opens Flat, I will...
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, friends! Here are the directions for February 6th: The global market sentiment is moderately bullish, supported by the Dow Jones, while our local market sentiment shows a moderately bearish trend. It might open with a neutral to a slightly gap-up start, as indicated by Giftnifty showing a +20. Nifty has had a reddish sentiment in the past two...
Today, I marked my support and resistance levels in NIFTY Chart. Yesterday also, marked moved within my support and resistance levels. Check out my yesterday's level you will get to know. I'm expecting a fall today. Let's see If it's useful, please like and follow