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...
Overall Downtrend. Due to Global market scenario market maybe open at gap down. Our important support level 48000. resistance level 48800
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...
Overall Downtrend. Due to Global market scenario market maybe open at gap down. Our important support level 48000. resistance level 48800
Nifty closed at support level on friday It is formin a raising wedge pattern along with RSI divergence Bulls need upside breakout along with breakout of RSI trendline While breakdown of wedge will bring pause to the bull run
Hello Friends!! I hope all of you are doing well!!!! If Bank Nifty comes in green and the matter is sought out between Iran and Israel... then the drawn line shall be the resistance for the Bank Nifty or it will be easily breakable ..... Pl. provide your views..... Keep Learning with NG!!
NSE:BANKNIFTY Bearish Bias, small gap up or at last close. Red day. Open: small gap up or at yesterdays close. Bearish Bias. Should retest yesterdays low, if broken should go further low as highlighted. Should end in red. Model Prediction: (Caution: Models hallucinate sometimes): { 'Day': 'Monday', 'Date': '15-APR-2024', 'Gap': 'Up', 'GapChange':...
The Bank Nifty is posted a new ATH from where it got sold off. The Bank Nifty moved in range of 633 points Viz. between 49057 & 48424. The Bank Nifty posted a bearish candle with higher lows and higher highs. The big picture shows that it is moving in an ascending channel with lower support at 44600 and resistance at 50200 with a pivot at 47600. The current move...
The Index crossed the key resistance one of 22510-530 and posted a new ATH of 22775. However, it is seen struggling to maintain the gains and ended the week with a bearish candle after three weeks of positive candles. The Index is moving in channel and is expected to decline towards the lower end of the support and consolidate before taking further direction. A...
Hello, Just zoom out daily chart you can clearly see wave 3 is extended. Elliot wave - The Guideline of Equality says that two of the motive sub-waves in a five wave sequence will tend toward equality, which is generally true of the non-extended waves. This means that, when Wave 3 of an impulse wave is the extended wave, Wave 5 will approximately equal Wave 1 in...
Continuation of making of excel based algo. Success in testing it out on ETH-USD. Will see by next week if I can get this thing done for NSE stocks as well.
Every marathoner takes rest, recovers and recoups before running next leg and the same goes with markets. In fact, markets are good at following natural laws unlike humans who do not often know to follow natural laws. NIFTY 500 is the overall index comprising the majority of Indian stocks and gives an excellent indication of the state of Indian economy much like...
NIFTY50 (1W TF) UPDATE - 15th April, 2024 Pattern: ASCENDING CHANNEL - Reversal at the top of the Weekly Channel Resistance - Done ✓ - Might expect more of a fall in the Indian markets, mainly due to the US markets sell-off on Friday - Geo-political tensions due to the Israel-Iran conflict might also have some repercussions - Volatility is going to be high -...
can this trendline rejection give a panic sell in market ??
looks like Nifty is trying to break the trendline above it. if nifty breaks the trendline, it may be a bullish movement. if it crosses below the 21900 level(support marked on the chart), a bearish movement is possible. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any...
📊 Range Point: 48565 📈 Weekly Range: 633 🎯 Buy Above: 48816 🎯 Average At: 48741 🎯 Buy Target 1: 48956 🎯 Buy Target 2: 49197 🛑 Buyer Stoploss: 48605 📉 Sale Below: 48666 🎯 Sale Target 1: 48174 🎯 Sale Target 2: 47932 🛑 Seller Stoploss: 48877 Don't forget to reciprocate your love by following, boosting or messaging, that fuels my efforts for you! #BankNiftyOptions...
As we can see NIFTY started to get rejected exactly from our given trendline as analysed in our previous post. Now we can see NIFTY heading towards 22400 which is also a psychological level but if NIFTY opens even weaker then we can see NIFTY heading towards 22000 being final support so plan your trades accordingly.
Nifty Spot Weekly Technical Chart Analysis for 15-19 April, 2024 📊 Range Trigger Point: 22519 📈 Day Range: 272 🎯 Buy Above: 22672 🎯 Average At: 22640 🎯 Buy Target 1: 22687 🎯 Buy Target 2: 22791 🛑 Buyer Stoploss: 22581 📉 Sale Below: 22608 🎯 Sale Target 1: 22351 🎯 Sale Target 2: 22247 🛑 Seller Stoploss: 22698 Don't forget to follow/boost/message to fuel my...