If brent and dollar breakout, nifty might correct till support of the channel..
Brent and Dollar near crucial weekly resistance. Any breakout could bring pain for Nifty
NIFTY: Though GIFT NIFTY indicates a gap down opening it looks chartically stronger and trading above all its DEMAs viz 10,20,50,100. I see support coming at 22600-22680 levels. Stornger pit writing at 22500-700 also substantiates the views. i will be a buyer on dips and bounce from 22600 levels(For educational purpose only)
Hello there👋 Please refer chart for downside levels.. As gift nifty trade gap down.. Nifty may face downside momentum.. Still in higher tf uptrend intact.. As 22300 & 22k holding.
Sensex has been nothing more than sensational in the high prices scaled by it. Recent highs being at 75125 odd. Now in Gann Theory markets move in sections of 3/4 parts. Taking the price section of 100000 on Sensex we are at the 3rd section near 75000 which will be critical henceforth. Recent move from lows of 71675 on 20 March 2024 we have moved 3500 odd points...
As we can see NIFTY is heading towards important trendline resistance which has been followed since last few months now. But as long as NIFTY doesn’t closes and sustains above the given trendline, we are bearish and we can expect NIFTY to show another retracement making another shoulders for completion of inverted head and shoulders pattern for another LIFE TIME...
BN weak below 48669 Trg 48144. SL 49058. Expecting BN to remain weak for few days. Will update EOD trww.
Nifty Trg 22316 - Weak below 22673 . Levels marked in red either side are very likely to be met whichever side breakout/brkdwn happens. These levels can also be used as support or resistance.
NSE:NIFTY NSE:BANKNIFTY NSE:CNXFINANCE NSEIX:NIFTY1! High probbaility to fall 800 points to 22000NIFTY NIFTY 22000 BANK 46200 FINANCE 20700
Expecting markets will jerk on APRIL 12 FRIDAY.... OPEN IN GAP DOWN of around 22600 Immediate fall again to around 22500....then there are chances to reach 22850... then we can expect a real fall NSE:NIFTY REMEMBER .....THIS ARE ALL EXPECTATIONS....
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...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 12-04-24 Distribution by FII n DII Stay In Light Position or In Cash . Gap Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions. Stop...
Nifty has touched it's resistance zone. It may fall a little till last demand zone.
Hello Traders/Investors, After analyzing NIFTY, it appears that a breakout is imminent, either on the upside or the downside. Patterns: 1. Ascending Triangle | Probability: 70% 2. Rising Wedge | Probability: 30% Analysis: 1. Ascending Triangle | Upside Potential: - Condition 1: If NIFTY breaches 22,950 by next week and maintains its position, there's a...
DJI Trgs on chart . These angles are plotted based on some Gann technique. Falling below one angle expect price to move towards lower angle. These angles also serve as support & resistance. Positional view - Trg 37038 atleast. 26th April imp date - will update there.
as per price action i think its looking sell side and also short term trend is also sell side...... so we can see a short fall in this index....
12 APR 2024 WORLD MARKETS 1. World markets have turned negative. 2. US markets have turned slightly bearish. May be profit booking. 3. However Asia and Europe has also turned slightly bearish. INDIA VIX AND GIFT NIFTY 1. INDIA VIX is at it lowest at 11. Usually there will be a spike if it stays down for too long. 2. GIFT Nifty is indicating 62 points uptick at...