SUMMARY:- -friday we had tcs numbers -numbers were weak -we had cpi numbers by china on friday -they came higher then expected -european inflation also higher -reliance weekly double top and tcs numbers heavy weight will have effect on market -twitter drama and cpi numbers on wednesday will have a toll on usa market -dxy sustaining above 107 showing signs...
Nifty Weekly Analysis for 27 JUN - 01 JUL 2022 Nifty is bullishly aligned for the week. First day of the week, we are expecting a gap up opening in Nifty around R1 resistance level (15900). Buying Opportunity : In case if R1 is taken on the upside and sustains we can expect Nifty test out Bullish Breakout zone and also possible Target 1 & Target 2 for the week....
On the weekly time frame, Nifty has broken the yellow support line and went below 17000 today, however, we got closing above 17000. In our previous analysis, we gave a Target of 16600 on the downside but Nifty looks weaker on Weekly Time-frame and is expected to test 16000-15950 levels in a few weeks. To motivate me, Please like the idea If you agree with the...
SELL 2 LOTS 12AUG2021 16150PE AT 44 BUY 1 LOT 12AUG2021 16300PE AT 109 BUY 1 LOT 12AUG2021 16000PE AT 17 SELL 2 LOTS 12AUG2021 16350CE AT 45 BUY 1 LOT 12AUG2021 16200CE AT 113 BUY 1 LOT 12AUG2021 16450CE AT 20 Breakeven - 16082-16418 Margin - Approx RS. 66000 Risk Reward 1:1
Nifty is stuck between the range of 15,900 and 15,625 and has already spent 2 months here. A time-wise correction in going on.
Hi All, Nifty setup for next week is quite interesting. Nifty is at critical juncture or say make or break level. Nifty is trying to give breakout on weekly as well as monthly chart however failing to close above the desired level. Important points to consider next week: - Nifty break 15901 level convincingly with good volume for strength breakout - Nifty...
1st Bullish Sign if Nifty will give daily close or sustain above 11200. In this case Nifty may test its next Major Supply Zone @ 11300. and in any case If it will manage to sustain above 11300 then it my test its next Supply Zones @ 11350-11450. There are multiple Demand Zones between 11050 to 11200. In any case if it will give daily close or sustain below 11200...
Hello, Right now Nifty is trading in the no trade zone. There are two important level for the Nifty: 1st: 11200 and 2nd: 11050 Importance of 11200 level : In intraday if Nifty will trade above 11200 but not above to trade or sustain above 11250 then I will consider this as a fake upside move but in intraday if Nifty will sustain above 11250 and give close...
Nifty trading @11194.15 Please find the levels on the chart. On upper side zones, (11247-11262) & (11357-11387) On down side zones, (11039-11078) & (10849-10896)
NIFTY close @ 9250. On the upside, there is a major supply zone near the 10000 levels. And on the downside, there is a major demand zone for this week near the 8800-9000 zone. Below 8800 next demand zone @ near 8500.
On the weekly chart, there is a short term demand zone @ 8800-8950 and supply zone @ 9350-9600. I think Nifty will manage to hold its demand zone and it may test its next supply zone @ 9350-9600.
Nifty is making lower highs and lower low in higher time frame Nifty closed @ 12080 and there are multiple supply and demand zones in 12980-12200. I am Bearish in Nifty but I will trade in Nifty once it will start respecting any supply and demand zone between 12980-12200 or sustaining below 11980 or 12200.
Lets Quickly Check Weekly Chart, So this week nifty closed on negative note ( -70 points). Weekly opening was quite and Nifty also tried to fill the gap created in Feb18, however it did not closed above it on weekly basis. As i have mentioned in my previous post , that Nifty has this Gap on its weekly chart from where it has seen quite a fall, and for any...