## Nifty 50 Support and Resistance Levels for October 12, 2023 Nifty 50 opened above its first resistance level today and held at the upside, but there was no significant movement in the index. This suggests that the market is in a consolidation phase. **Support Levels** * 19727 * 19684 **Resistance Levels** * 19833 * 19900 **Analysis** If the market breaks...
**Bank Nifty Technical Analysis for Tomorrow - 2023-10-12** **Support Levels:** * 44449 * 44300 **Resistance Levels:** * 44713 * 45000 **Technical Analysis:** * Bank Nifty opened gap-up today and closed above its previous day's resistance level of 44413. This confirms that the index is in a bullish trend. * The immediate support level for tomorrow is 44449....
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...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
NSE: WIPRO is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
Detailed View about this Breakout: No.of Resistance: 7 No.of Support: 6 Consolidation Days: 900+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
I see current structure in Wipro similar to Wyckoff Accumulation Distribution Pattern. My assumption is based on markings done on chart ,200 EMA pullback and today's reversal candle. Want to see a clear close above 425. Disc :It's not an investment advise to buy or sell
Nifty Spot Actionable Idea #Current Price- 19689 #Resistance- 19714 #Support- 19661 #Target 19768 And 19824 we can expect after a break of Resistance #Target 19613 And 19567 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
Bank Nifty Actionable Idea #Current Price- 44360 #Resistance- 44475 #Support- 44284 #Target 44581 And 44676 we can expect after a break of Resistance #Target 44189 And 44083 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
Bouncing off the daily Demand Zone Go Long Above 2490-2500 T1-2586 T2-2668 SL 2435
As we can see NIFTY showed unidirectionally move as analysed in our previous post that NIFTY is giving a better opportunity to enter and despite the ongoing war, we expected a strong up move and we saw that too. Now that NIFTY has shown unidirectional move, we can expect more of further up move in coming trading sessions till 19800 wherein a gap is present which...
**Nifty 50 Technical Analysis for Tomorrow (October 12, 2023)**: **Support:** 19685/19612 **Resistance:** 19727/19805 **Technical Analysis:** * Nifty 50 closed at 19707.25 on October 11, 2023, after forming a bullish engulfing pattern. * The index is facing resistance at 19727 levels. If the index opens gap-up above this level tomorrow and sustains above it,...
Since Apr-May 2022 KPRMill is undergoing wyckoff pattern Events had been highlighted. Hopefully it may test 475 one more time that could be good chance
**Bank Nifty Technical Analysis for Tomorrow (October 11, 2023)**: **Support:** 44449/44300/44100 **Resistance:** 44713 **Technical Analysis:** * Bank Nifty closed at 44326.45 on October 10, 2023, after forming a bullish doji pattern. * The index is facing resistance at 44449 levels. If the index opens gap-up above this level tomorrow and sustains above it,...
Nifty S&R Levels for this week just for learning only
this support & Resistance Lines just for Learning purpose only
Traders! The past few days have been nothing short of a market rollercoaster, with Nifty surprising us at every turn. In our last update, we discussed the breakdown of the inside candle and its subsequent recovery above the uptrend line. However, the market, as we know, is as unpredictable as ever. we're in for a captivating twist today. Let's explore how recent...
this support & resistance lines just for learning purpose only