The FASP for Nifty is listed for 10-01-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Finnifty's structure closely resembles that of Banknifty. If the market finds support around the 78% mark, we could anticipate a minimum 38% pullback. If this pullback holds and breaches the 38% level, the upward momentum may persist. Conversely, if it lacks support at that level, the correction is likely to continue
Today Nifty opened with a gap-up, after consolidating it triggered a buy trade above 21640 and made a high around 21724 which was near to our final target. In second half we saw the rejection which was expected and a sharp fall of more than 200 points from a day high in Nifty towards 21517.
For tomorrow, if Nifty sustains below 21470 we expect to see more...
The news of Oil discovery is Godavari basin in 26 wells goes the headlines. For sure they are not discovered overnight. The work is long when search for the wells, more so oil wells. That augurs well in the long run though.
Warnings on Bank Profitability, impending inflation data. Stale longs, broader market corrective bias, draining of liquidity (bonds to...
from one week nifty range is 21500 to 21800. market is consolidating in therange .
expecting the directional move only if it breaks either the side.
but 21500 is also a great support and
21700 and 21800 is a major resistance.
plan the trade carefully beacuse ,expect directional movement specially on the downside
Hello Everyone. I have provided bank nifty trades and targets above. The market is going to open flat or gap down the bearish trend is going to be extended so look for PE options till the resistance zone is broken with 15-minute candle before going for any trades. If we do in between these zones premium eating will happen and we end up seeing losses. Book profits...
It is all about Ram, islands on fire, Hanuman on Release and Ram reverts back on every one's prayer. The Maryadha Rama, the one and only Idol the whole life systems to surrender! Cosmic.
While we talk about these events, brings the role of Line and the line of Lakshmana Rekha.
That line is centered around recent low 21480 if it goes then we sure going towards...
Hello Everyone. I have provided nifty trades and targets above. Market was bearish for the last 2 days. Looks like market is opening gap down or flat so the trend will carry on but look for the zones marked for reversal trades. Let the resistance or support range break with 15 15-minute candle before going for any trades. If we do in between these zones premium...
Fundamentals - Strong as ever - Mutual funds inflow, Retails participation, strong economy, Pending election.
Weakness - Rally too extended, Retail participation moving all the stocks. No stocks is undervalued at present.
To watch for the levels and target is open.
On the upside - Consolidation can become part of a flag and if happens can give a significant move...
As we can see NIFTY has tested this level multiple times now making it weaker hence if NIFTY opens flat and breaches this level, we may see another strong sell off in NIFTY but if NIFTY opens weak, we may see another strong recovery in the market taking support at given levels so plan your trade accordingly
As we discussed Banknifty bearishness yesterday, it opened a Gap-up and then took resistance at 200 EMA, then it fell with quite a nice volume. Also, it did break the pattern to the downside. Also, 47400 was acting as a very nice support but has been broken with good volume and selling pressure. The volume of those candles was very demanding. If we look at the OI...
Banknifty has formed a triangle breakout on the downside and we can expect a positional target towards 46150.
All my publishes are only for study purpose and market is always there to surprise with the unexpected at times . So do your research and trade with very minimal risk.
BANKNIFTY Intraday Trade Setup For 10 Jan 2023
Sell_1- From 47710
Invalid-Above 47820
T- 47430 47200
Sell_2- Below 47150
Invalid-Above 47260
T- 46780 46355
BANKNIFTY has closed on a bearish note with 0.44% cut today. As per previous day trade plan we planned a short from 47930, according to simple half bat pattern. Sell triggered @ 47930 and what a fall we...
NIFTY Intraday Trade Setup For 10 Jan 2023
Bullish-Above 21725
Invalid-Below 21675
T- 21855 22015
Bearish-Below 21490
Invalid-Above 21540
T- 21625 21150
NIFTY has closed almost on a flat note with minor gain of 0.15% gain, all contributed via gap up. As per previous day analysis we planned a pullback short in case of a flat/gap up opening. Sell triggered @...
