Get started

Nify50

Nifty and Banknifty for Tuesday (31-01-2023)NSE:NIFTY Nifty has been in a free fall from last 3 days but it has paused and signeled some signs of reversal after a volatile range bound session. It has a good support of 17420 and at the same level 2 more confluences are present. 1. bear channel support line ( marked in green colour) 2.Daily TF Support trendline support. for nifty to move more down it need to break and sustain below the 17420. longs are above 17710. Banknifty levels I Hope you found this helpful. Please like and comment. Keep Learning, Happy Trading!
NSE:NIFTY
by SANJAYPATIDAR_
NIFTY : 19TH OCT#NIFTYINDEX, #NIFTY50 * NIFTY INDEX : RESISTANCE AT 17550 - STRONG SUPPORT AT 17000. > After two day rally, Nifty may go for consolidation mode. Banking Sector rally may continue, that will make nifty to break 17600. > Global Market seems to be in consolidation Mode or Profit Booking after huge rally for past 2 days. * NIFTY TECHNICAL : NEUTRAL , HUGE GAP UP WILL BE DIFFICULT TO SUSTAIN UNTILL ANY POSITIVE NEWS. AT 17500 OI : CALL - 85 L PUT - 52 L. * SECTOR TO WATCH : BANKING, AUTO DAILY CHART : RESISTANCE AT 17550 . STOCKS TO WATCH : #TATAPOWER, #CANBK, #SBIN #AUBANK, #FEDERALBANK. Canara bank and Sbi both made huge rally, with expecting positive report from q2 result. After result, profit booking may happen.
NSE:NIFTY
by uzumakisensi
NIFTY Intraday Levels | 16th Sep• Support & Resistance zones for 16th Sep . • The Nifty50 has made an attempt for the third straight session to surpass 18,100 but failed. Hence, 18,000-18,100 is expected to be a crucial area to watch going ahead and if the index decisively surpasses the same then a march towards record high levels is highly likely, with crucial supports at 17,700 & 17,500 levels. • Nifty has formed a bearish candle on daily charts and a double top formation on intraday charts indicating continuation of weakness in the near future. •trading set-up suggests that a fresh round of selling is possible only after the dismissal of the 17,800 support level. If the index trades above 17,800, then it could retest the level of 18,100- 18,150. On the flip side, below 17,800, a quick intraday correction is not ruled out. Below which, it could slip to 17,700-17,650, • Option data indicated that in the immediate term, the index may see a trading range of 17,600 to 18,100 levels. • Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle. Remaining space can be straight way for Price to make moves. • • •
NSE:NIFTY
by PS_108
Nifty 50 Outlook for the Expiry week May 23 – May27Falcon Analytics Outlook Nifty 50 for the Expiry week ( May 23 – May27 ) As Discussed in Last Weekly Analysis Nifty sold off from major resistance @ 16387 while the major support for the week @ 15560 was not breached. Technically for this week on the daily charts we see major support on the downside for Nifty50 index lies at 15726 levels, whereas major resistance on the upside is capped around 16386 levels. If Nifty50 index breaches major support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 15474/15222 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16542/16794. Currently Nifty50 index is trading Below 200 day EMA @ 16783 suggests long term trend is Bearish . Range for the week is seen from 15222 on downside and 16794 on upside. Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead. ( All Spot Levels) RESISTANCE 4: 17046 RESISTANCE 3: 16794 RESISTANCE 2: 16542 RESISTANCE 1: 16386 WEEKLY PIVOT LEVELS: 16134 SUPPORT 1: 15882 SUPPORT 2: 15726 SUPPORT 3: 15474 SUPPORT 4: 15222 All above views for education purpose only. Regards, MD .
NSE:NIFTYShort
by miraldesai
NIFTY ANALYSIS FOR TOMORROW 18-11-2021 Expiry With a hope of some recovery buyers trapped today and Nifty Fall again, We have seen LONGUNWINDING at 18000 level which was strong support and short buildup with 66.6 Lacs Open Interest at 18000 level. Further sentiment to remain bearish next support is 17900 which is having only 35 lac Open Interest on PUT side Which may be break and then 17800 which is very crucial if 17800 break then big fall can be seen. else there will be again premium eating . technical level are given on Chart :)
NSE:NIFTY
by FNOSURE