NIFTY FUTURES | IS 3000 POINTS FALL COMING?SGX Nifty is coming towards the significant resistance 17800 - 17900. We have already seen 2000+ points fall 3 times from this resistance. If it repeats we may see Nifty below the 15k mark by mid-November.
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NIFTY FUTURES 11 AUGUST 2022Today nifty started just below my zone 17609-17585, broke the level of 17513 but could not sustain, came back above 17513 in just 30 minutes.
Sustained above the whole day above 17513, went again to the zone 17609-17585, but could not cross it.
That's the power of zones and levels.
Hope my zones and levels helped you.
All in All Nifty is now compressing in narrow range, you can observe a uptrending wedge forming.
I still expect a small downward break before the upside break out.
Please trade as per my levels and zones to get best Risk:Reward.
NIFTY FUTURES 01 JULY 2022Nifty on Friday 29th July 2022, Gapped up and stuck into my zone, consolidated for the whole day and then gave a good break out from the zone. That's the power of Zones.
Kindly trade only from my zones and levels to get proper entries and stop losses. We have got many Supply zones above, hence if Nifty goes up, it will have a slow momentum as compared to last week. Kindly note the same.
NIFTY FUTURES 26 JULY 2022NIFTY TODAY 25-07-22
Did you see the magic of level 16619, it touched the level 9 times, out of which 7 times it couldn't break it. Finally it ended exactly on that level.
Did not touch even a single zone, hence no price action around it.
NIFTY TOMORROW 26-07-22
I still expect correction in this week. Kindly trade around the levels and zones only.
NIFTY FUTURES 15 JULY 2022NIFTY TODAY 14-07-22
NIFTY blindly followed my Zones, started from Zone 15962-15992, took U turn near 16085-16107, dropped down to 15876-15918, got strong support and ended near upper range of the zone.
Also not that it has bounced from the lower end of the uptrending channel which was just below the zone 15876-15918.
NIFTY TOMORROW 15-07-22
Expecting a up move to zone 15970, followed by a down move for tommorow.
You are continuously witnessing the power of my zones and levels.
I dont belive in prediction but reaction to the zones and leves.
NIFTY FUTURES 14 JULY 2022NIFTY TODAY 13.07.2022
Started just below my zone of 16112, moved slowly to the upper border and finally fell from the zone upper border of 16139
Stopped at mid channel and consolidated for 2 hours, then gave a good breakdown crossing the lower zone of 16032-16013, but the zone acted as a magnet brought the price back to 16013 again.
Then finall ended at 15992 not very far from the zone 16032-16013
NIFTY TOMORROW 14-07-2022
Please follow the levels and zones and trade with price confirmation.
NIFTY FUTURES 08 JULY 2022NIFTY TODAY 07-07-22
Gapped up and opened in my zone 16062-16093, consolidated around it for the whole day and finally ended near the trend line and next upcoming zone.
Power of Zones
NIFTY TOMORROW 08-07-22
Just observe how price is behaving to my levels and zones, hence only trade around it with price action confirmation.
NIFTY FUTURES 27 JUNE 2022YESTERDAY NIFTY 24-06-22
First of all guys sorry for drawing two zones late and updating in live market. any ways market remained between my levels 15608-15743 to be precise, and kept consolidating.
Nifty on Monday 27-06-22
Just observe the blue lines and curves, it is an inverted head and shoulder and break out of the same has been confirmed on Friday 24th June itself.
i expect a strong gap up on Monday, above my zone of 15820-15865.
We have 15948 & 16062 as strong reversal points, let's see how it works out. Also mind well that 15865-15820 will work as strong support.
NIFTY FUTURE 20 JUNE 2022NIFTY TODAY 17-06-22
Whole day Nifty was stuck between my zone 15369-15333 and lower side of my down trending channel, it tried breaking it twice but was in vain.
#POWER OF TECHNICAL ANALYSIS
NIFTY ON MONDAY 20-06-22
If you observe closely Nifty has formed a perfect Bear Flag Pattern - BLUE HIGH LIGHTED LINES.
Getting ready for the down slide. i was expecting the breakdown today itself, but it didn't.
There are higher chances it may respect the bear flag and slide down towards 15000.
Don't miss the channels along with zones before taking a trade decision.
Nifty Future Levels for 14 June 2022Nifty on 14 June 2022
Opened Gap down, went to my zone of 15696-15673 took a strong support from there, couldnt break my zone.
Went directly near the 15900-15948 zone and reversed just before touching it.
Came bac again to the same zone of 15696-15673 but still couldnt break it and ended in consolidation.
Hope my zones were helpful today.
Tomorrow on 15 June 2022
Nifty now in a channel since 2 days. Today closed above the mid channel. Now just watch the break out of the channel for tomorrow,
it may give a gap at opening to cross the channel, then just trade the zones in that case.
Nifty Future - All time High - LongHi All,
Welcome to Thenali Views,
Nifty has touched All Time High of 16000!!!! and Closed above it.
Now the Consolidation at the resistance was broken and Bull Run will start...
Let us wait for confirmation, Nifty to retest the Resistance turned into support of 15950.
If Nifty sustained above 15950 go for Long.
Buy - 16035
SL - 15816 ( Closes below in Daily Time Frame)
Target 1 - 16500
Target 2 - 16800
Target 3 - 17100
Regards,
Thenali Views,
Disclaimer: Kindly do your own analysis before executing the trade or contact your financial advisor
I am not a SEBI Registered Analyst.
Nifty heading into resistanceNifty Futures are definitely primed to open with a gap. While we are used to gaps by now. The inflexion point as seen on the charts will come into play as we begin the day. A move beyond will definitely attract a fresh round of bullishness. At the moment we are testing the waters.