Get started

Trendlineanalysis

NIfty View from today to one week on 30 mints chartGood Morning Guy's. I hope you all will be doing good in your trading and in your life journey as well. Well today i have done analysis on Nifty for one week prediction, HIghest probability indicates that, we will break support zone of 19535-19565, in coming sessions and will go for our 3rd (19510) and 2nd (19421) targets. Well that is just a prediction, because on chart we are seeing a falling trendline and market is respecting the levels. So if nifty gives breakout and sustain the levels, then of course trend will be change and we can see new all time (20000+) very soon, but still according to data, it looks bearish. If i talk about today's Global views, it is looking mildly bearish. So for intraday, we will act according to today's data. I have written almost everything on chart. But writing the levels here too for the reference. IMPORTANT LEVELS FOR NIFTY:- Buy above 19789, if levels got sustains at least for 30 mints. Targets will be for upside 18856/19939++ Keep stop loss at 19681 Sale below 19676, if levels got sustains at least for 30 mints. Target will be for downside 10628/19555-- Keep stop loss at 19789 Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:NIFTY
by TraderRahulPal
6
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
NSE:NIFTY
by Avinash9087
Refex Industries - 25% of Upside!Refex Industries opened up with a gap few sessions back. It has created a wedge then, a gap and then a wedge and now a breakout, Can't be strong technically anymore. The price has a potential to move to the upside of 25% straight. PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are trusted by 1000 users, we will be glad to have you as a user. Do check us out from my bio. Thanks
NSE:REFEXLong
by parvezdosani
3
Nifty 50 Weekly Market Outlook July Week 3, 2023Weekly Review: The Nifty 50 closed at 19,564.5 gaining +1.2% from the previous week. The Index closed on a positive note supported by 150 points rally on Friday overpowering bears majorly supported by a +4.3% rally in the Nifty IT index. The index stayed within a tight range of 19,333-19,516 in the previous week. On Macro Economic front, India's CPI surged to 4.8% in June but stays within the RBI tolerance band of 2-6%, this surge is majorly impacted due to delay in the monsoon which has caused supply shock within markets pushing retail inflation to surge for a short-term period. Weekly Forecasts: On Daily charts, Nifty 50 stayed above the channel bandwidth point of 19,433 with upward momentum. The channel since April 2023 contains almost 97.6% of the price action till the present day and hence the channel bounds for obvious reasons now act as key Support and Resistance levels at 19,125 and 19,756 respectively. Evident from the past week's surge, a sustained move above 19,433-19,500 is expected to push index to 19,673 and 19,756 . On lower levels, I feel 19,333 is the first support level where index can see a sideways movement and a breach below this level can push index to 19,224, 19,125(key support) and 18900 levels . Earnings calendar is keeping the bulls in control. This is evident with a positive reaction in share prices, even with subdued earning of IT giants like Infosys, TCS, Tech Mahindra and Wipro that such growth and numbers are being well factored in the share prices. *Disclaimer*: I am not SEBI registered analyst and hence the above market outlook is for only educational study and research purposes only. In no way do I endorse this opinion to take a trade or for any investments in markets in any form by any Participant. Be a responsible investor with proper risk management and keep learning as a true focus.
NSE:NIFTY
by chandakpulkit
1D TATAPOWER - Short Position1. Bearish Engulfing Pattern formed at Supply and Demand Zone. 2. Additionlly 50% Fibonacci Retracement Level is added. 3. Round Number 200.00 is mentioned and that will be the entry point below 5-10 points. 4. EMA 89 got confluence on that pattern which confirms A++ trade. 5. Half of your stock will be sold at take profit level and move that stop loss to breakeven. And leave the remaining stocks to free rally. 6. TP and SP level clearly mentioned in the chart window.
NSE:TATAPOWERShort
by Pupathi
GUJARAT GAS LTDThis is no doubt a fundamentally good company trading at its low while its peers are trading a their higher levels. So it can be strongly assumed that this stock may perform in the upcoming time. Reasons for which GUJARAT GAS seems to be bullish on charts at least for short term: 1. Trend line support is been taken since the beginning of the month at Golden Ratio of the previous up trend. 2. A Bullish candlestick pattern has been formed. 3. The time cycle of 29 days (plotted as vertical dashed lines & rectangular boxes) indicates a reversal. 4. Risk Reward ratio is good. The target seems to be at 504-520 with a minor hurdle at 486. SL remains to be 451 on closing basis. CHART & ANALYSIS ADARSH KUMAR DEY
NSE:GUJGASLTDLong
by AdarshDey
1