NIFTY50 Analysis! NSE:NIFTY Weekly Analysis!
NIFTY50 Long term Analysis!
Nifty is currently trading at its resistance levels. I have marked all the essential levels on the chart, please go through it.
Resistance Level = 18876.90
Support 1 = 18609
Support 2 = 18370.85
Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
Niftyweeklyanalysis
Nifty 13th July 19091 or 19519 ?Nifty looks weak and trading in 200 points range of Monday. Nifty can fall only if it breaks 19333 level otherwise the level can act as support.
Buy above 19419 target can be 19477, 19519,
sell below 19333 target 19219, 19119, 19019
possibility of gap up opening at 19411 to 19455 level.
Nifty50 Weekly Key Trading levels 26th-30th June 2023 Nifty50 Weekly Key Trading levels 26th-30th June 2023
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
Nifty Weekly AnalysisOn the weekly time frame the index NSE:NIFTY is trading within a triangle pattern.
The triangle resistance is placed at 19021 which us next target also.
Sustaining above 19000 can lead to further gain however a healthy correction or retracement will make this up move more strong.
Sentiments - Bullish
Price action - Bullish
Fear & greed - Greed
Immediate support 18600
Immediate resistance 19000
Nifty50 Weekly analysis & Prediction-12th June -16th June 2023Nifty50 Weekly analysis & Prediction-12th June -16th June 2023
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
nifty may 29th bulls are in charge of pushing the all time high for nifty. Nifty possibility of gap up opening and try to go down side for first 30 mins to 45 mins and then it should take the support at 18422 level and should bounce back to 18606 level. where there is a resistance from the top side.
Buy above 18508 target 18555,18585,18599,18648
Sell below 18467 target 18433,18420,18404,18387
NIFTY 22nd may triangle patternnifty opens a gap up then possibility of 18256 level and try to take resistance at 18304 level.
nifty opens a gap down then possibility of 18160 level then it will take support at 18108 level.
nifty opens flat then possibility of reaching 18160 level on the down side before it bounces.
Buy above 18213(18150 CE) Target 18256,18304,18343
Sell below 18106 (18150 PE) Target 18054,18002,17942
Nifty - Prediction & Weekly Analysis for - 22 May 2023Nifty Analysis for Coming Week:
Trend - BULLISH
Nifty trading inside the descending channel took support at 18050 on Friday for Rally on the Upside.
Crucial Support Levels are : 1850 / 18180 - 18050 on the lower side where BUY entry can be initiated.
Resistance levels are - 18260 / 18300 / 18340 and then 18450
If Nifty closes above the Upper channel, 18500-18600 will be the Target for this Week.
SELL entry only if Closes below 18050 level.
NIFTY 4th may expiry setupSell below 18090, (18150 PE) Target 18077,18002, 17894, 17867, 17802
Buy above 18125 (18100 CE) Target 18210,18250
OI Data indicates Strong resistance at 18200 and 18000 is support but it might break after looking at the global market and FII has increased there short positions and reduced the long positions.
Nifty also forming head and shoulder pattern in weekly time frame.
nifty weekly analysis for 28/4/23 - My viewBelow is my view on nifty for the coming week (28/4/23)
On closure 15min chart is on support at 50SMA and 1day chart is on levels @ 200 SMA.
Although the strong support of17580-85 was broken intraday, bulls managed to claw back and hang in for a flat closure.
17700 has huge Call OI and hence is unlikely to break above this expiry. the action will be mostly around 17600 levels where in the call and put OI are neck to neck.
on daily basis market is now sideways and consolidating at 17500-17700 levels.
Key levels levels to watch out for in the coming week are
17676/700/767/812 on upside
17585/17550/530/512/500/450 on down side
Nifty - Weekly Analysis for 17th - 21st Apr 2023Nifty Weekly Analysis :
Nifty expected to be in Range this week between 17900 & 17650 Demand and Supply Zone.
We have Daily timeframe 100 SMA on the higher side and 200 EMA support on the lower side which will hold Nifty within this range. If any Breakout above 17900 Supply zone we can expect 18K.
Any weakness and closes below 17650, then 17500 will be the next Strong support level.
Nifty50 Weekly Key Trading Levels for 10th Apr to 14th Apr 2023Nifty50 Weekly Key Trading Levels for 10th Apr to 14th Apr 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Nifty 50 Key Trading Levels for week 3rd April to 7th April 2023Nifty 50 Key Trading Levels for week 3rd April to 7th April 2023
eep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Nifty50 Weekly Key Trading Levels for 27th March to 31st March23Nifty50 Weekly Key Trading Levels for 27th March to 31st March23
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Nifty50 Weekly Key Trading Levels for 20th March to 24th March23Nifty50 Weekly Key Trading Levels for 20th March to 24th March 23
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Nifty - Weekly Prediction and Levels for 13 Mar 2023Nifty Weekly Analysis and Intraday Level for 13th Mar
Nifty is still BEARISH, it is likely to trade between 17200 - 17700 this week (13th to 17th Mar). Currently at strong support level 17400 If sustains above 17483/17512 we can expect 17700 will be tested. Any close below 17343 will leads to 17200.
My view is 17200 is the reversal point for uptrend to test 17700.
Nifty - Weekly Prediction & Intraday Levels for - 06 Mar 2023Nifty Weekly Analysis:
Even though Nifty had closed in green last Friday with strong up move the Major trend in Nifty is still BEARISH. Friday move is just a short covering rally.
My view this week is Nifty will test 17800 and then it will take reversal downside and may trade in range between 17800 & 17300.
If any close above 17800 - we can see 18K will be tested. I will look to BUY only daily close above 17800. Otherwise every new high is a SELL opportunity.
Nifty is ready for mad bull runThe index is trading within a wider range of 3400 points.
Breaking and closing above 18250 will trigger breakout with the potential up side target of 18600.
Breaking above 18600 will activate further levels.
On this flip side 17300 has important support to support up trend.
Breaking below the support will trigger panic selling till 16400 followed by 15200.
Nifty - View & Intraday Levels for - 26 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment = BEARISH but some sort of Short covering rally can be expected.
Nifty broke the higher timeframe trend line support, which is a clear sign of Down trend and it can go upto 17200 level.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!