NIfty has given breakout on the downside from the consolidation zone and moved towards 17500, took support there and finished the week at 17600. It is highly unlikely that downside is over and that it may open with a gap up scenario even if global cues are positive. A flat open is not tradeable as Nifty might move to upside or downside and no way of knowing what...
Today will be a flat opening in BANKNIFTY . Expected opening below 40450 Level. After opening possible reversal of 400-500 points from 40450 level. And this can extend for another 400 points if it gives breakdown of 39950 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 40550 level.
Buy above 17660 with the stop loss of 17620 for the targets 17700, 17740 and 17780. Sell below 17580 with the stop loss of 17620 for the targets 17540, 17500 and 17460. Wait for the trade set up and trade.
NIFTY Intraday Trade Setup For 30 Jan 2023 Buy-Above 17635 Sl-17585 T- 17745 17850 Sell-Below 17490 Sl-17540 T- 17395 17295 17165 NIFTY has closed on a bearish sentiment last day and last week. Last week it closed with 2.35% cut. A parabolic down move was seen last week. Weekly range which was valid for last 1 month shifted last week. After a pullback below...
Nifty will be flat opening in today's session. After opening nifty sustain below 17600 level and then possible downside rally up to 17500 in today's session. in case nifty trades above the 17650 level then the upside target can go up to the 17770 level.
BANKNIFTY Intraday Trade Setup For 30 Jan 2023 Buy-Above 40485 Sl-40375 T-40775 41075 Sell-Below 40145 Sl-40255 T-39845 39500 BANKNIFTY has closed on bearish sentiment last day and last week. Last week was one of the largest weekly cuts in the recent months. It was being updated since last 2 weeks that if in any case index tests the support zones which were...
#banknifty:- Looking at the structure, I don't see any further weaknesses until we close below 39,500 on a closing basis. Regards, SG
Expectations for Today: Volatile day Intraday Levels: Buy Above - 17670 Sell Below - 17480 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Buy above 40420 with the stop loss of 40360 for the targets 40480, 40540, 40620, 40700 and 40780. Sell below 40280 with the stop loss of 40340 for the targets 40220, 40160, 40040, 39960 and 39840.
If price sustains above 40820 we can take buy position. or if price falls below 40200 we can short sell
Zones Above - 40978-41076, 41417, 41656-700 Zones Below - 40355, 40105-168, 39848-890, 39570-605
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
Expectations for Today: Volatile day Intraday Levels: Buy Above - 40560 Sell Below - 40200 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
nifty intraday trading setup and levels. wait for the proper confirmation and enter. Be aware of the exit levels.
The global market indicates a neutral start. The market nature is bearish. If the initial market takes pullback then we expect a 3wave structure, it may reach min 38% fib level. After that, if the market rejects around there, then we will expect a correction. On the other hand, if the initial market declines, then the correction will continue.
#Nifty spot - View 29.01.2023 Looks weak if breaks only below 17480 Stoploss 17650 Target 17212/16920 Cmp 17604.35