Today, I marked my support and resistance levels in NIFTY Chart. Yesterday also, marked moved within my support and resistance levels. Check out my yesterday's level you will get to know. I'm expecting a fall today. Let's see If it's useful, please like and follow
Today Nifty opened with a gap up around 21920 and after consolidating at upper levels around 21960, we saw sharp selloff for 225+ points. For tomorrow, if Nifty sustains above 21850, we expect to see 21890 and upper marked levels. On the other side, if Nifty breaks 21720 on the downside, we may see 21680 and below marked levels on the chart. Expectations:...
>> Price is now all set to go up! >> Price can go maximum 45600 again or it will start uptrend going up reaching 48200! Be Bullish 👍
Welcome To Trend Talk😊 Options Trading for Beginners Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a right. Should market...
Retail trder only make money intraday..hahaha...coz experienced traders carry out at top ... And said I did it Max time...that's bullshit ...work for only 25pt in midcapnifty makes you good then better ..traders...but when working 25pt support resistance .. maximum time you blast your account on intraday...by saying yaar...ye reversal Aya dikha buy ce buy pe...so...
As we can see NIFTY despite opening strong failed to sustain itself at higher levels leading to unidirectional fall in second half as analysed in our previous analysis about the possible trend change. Now NIFTY can be seen trading at important demand zone and the lower zone could act as an important SUPPORT hence till NIFTY manages to sustain itself above the...
NIFTY Levels for Today Here are the NIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop...
BANKNIFTY Levels for Today Here are the BANKNIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL...
Bank nifty traded in a range between 46000 to 45600 today buyers were holding support but no momemtum from buyers end today tried twice to break 46000 but failed! Major support at 45600 if breaks tomorrow seller can take it to 45300 addtion to that banknifty was showing weakness after 2 pm today & traded below trendline support. Buyer can show momentum above...
Nifty 50 Support and Resistance Levels (06/02/2024): #### Support Levels: 1. **Support Level 1:** 21,700 - If the market breaks below 21,700, there might be a potential downside movement. 2. **Support Level 2:** 21,600 - Another support level that could provide stability in case of a downside move. #### Resistance Levels: 1. **Resistance Level 1:**...
BANKNIFTY Intraday Trade Setup For 06 Feb 2024 Bullish-Above 46050 Invalid-Below 45940 T- 46710 Bearish-Below 45600 Invalid-Above 45710 T- 44915 44350 BANKNIFTY has closed on a bearish note with 0.32% cut today. It was complete sideways the whole day, traded 400 points tight range. Tomorrow we can expect directional move on today's range breakout. Both side...
NIFTY Intraday Trade Setup For 06 Feb 2024 Bullish-Above 21970 Invalid-Below 21920 T- 22150 Bearish- Below 21720 Invalid-Above 21770 T- 21525 21315 NIFTY has closed on a bearish note with 0.38% cut today. In the we discussed in detail that index formed a bearish reversal candle at an important resistance level in daily TF. Below 21800 our short trade is...
BankNifty Analysis - Stance Neutral ➡️ BankNifty was more flattish today even though the chart pattern shows a bearish tinge. We lost 145pts ~ 0.32% today, but if a trader got into a straddle position after the first candle - it would have ended quite perfectly today. This means that the net loss for the banknifty was decided in the opening 4 or 5 minutes and the...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For Tuesday 06-02-24 for Upside if Nifty Crosses above 21825 it may touch 21858---21911---21996---22135---22221---22360 for Downside if Nifty Crosses below 21719 it may touch 21686---21633---21548---21409---21323---21184 These are levels are generated on the basis on...
Bank Nifty Support and Resistance Levels (06/02/2024): #### Support Levels: 1. **Support Level 1:** 45,500 - If the market breaks below 45,500, there might be a potential downside movement. 2. **Support Level 2:** 45,000 - Another support level that could provide stability in case of a downside move. #### Resistance Levels: 1. **Resistance Level 1:**...
Double Top, a Bearish reversal chart pattern It is a trend reversal chart pattern formed after good bullish price movement (a continuous upward price movement for a good duration) where the upward price movement loses its steam (formed a first top) and it retraces a bit (to neck line or mid point). Then again it moves in direction of original trend and reaches...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: ”The buildup from 24th Jan to today is a Double bottom (W) pattern and a small bullish trendline. All of which leads to confusion on what gets the highest priority. We would like to continue with the neutral stance for Monday with a slight advantage to the bullish side.” 4mts chart The 21913 support and...
Index has closed near an important level of 20315.85. Support is 20245.95. Restance is 20392.85. Major support at 20172.55. Break of 20172.55 could be disastorous for it. Happy Trading !!!