As per data nifty goes upto 22700 Major support at 22600 and 22500
nifty 50 trading setup for today, with the help of key levels of support and resistance, i have made the reversal point with some possiblities
Nifty Cup and Handle BO on Daily Charts. Chart is self explanatory.
Bulls are back, It has steadily managed to keep the high spirit of staying invested. for the next 3 days It is going to get on to the track of steady channel trend that it was making a month back. Happy Investing.
Price was taking trendline support and though the movement was slow it is managing to sustain above it. Pattern : Trend line Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 48540. Stop Loss : 48460. Targets : 48620, 48700, 48780, 48880 and 48940. Sell below : 48380. Stop Loss : 48460. Targets : 48320 ,48240, 48160 and 48040. Check the...
There is a possibility of Triple zigzag correction OR Ending Diagonal pattern in Bank Nifty which suggest sharp fall as drown in chart...Kindly understand detail analysis and logic behind this conclusion and Trade safely with Risk management.
The index has made of 10780 to 10900. Trend decider level is 10810.50. Currently we are above it. Positive above 10879 and Negative below 10851. Its sideways in between this zone. Happy Trading !!!
Good morning, friends! Here are the directions for April 8th: The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a still moderately bullish trend. It might open with a slightly neutral to a gap-up start, as suggested by Giftnifty, showing a +40 point. Nifty has a consolidation structure, so if...
Banknifty has a solid bullish structure, so if the gap-up sustains, we can expect a minimum of 48796. It's a major resistance, so if the market reaches this level solidly, then the market may break this level with minor rejection. On the other hand, if it reaches this level with a minor pullback, then the market may retrace a minimum of 23 to 38%. Alternatively,...
Hello everyone👏 It's a new week's analysis.. On Friday 5th April it was gap down.. Still nifty hold support of 22430 & closed above 22500 levels successfully. As long as nifty holding its major supports of 22430 - 22380...its a reversal and upside move intact. Multi timeframe :- 1) In monthly momentum inclined... Trend bullish & rsi is also in bullish...
As we can see BANKNIFTY is just couple points away from its ATH mark as we had been analysis since last posts. Now any strong opening will bring up new ATH for BANKNIFTY. Now the question arises whether BANKNIFTY can hold its level or not! If YES which has majority changes as the election is coming and the most obvious news is yet to be factored in, then we can...
Direct Buy and sell on bullish/bearish candle on 26616 and 22316 level, For the level of 22535 and 22548 trade on these level traps with Double candle confirmation. View is clear and market is at its most interesting point.
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...
Hello Everyone. I have provided mid cap nifty trades and targets above. The market was in a bullish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the...
Hello Everyone. I have provided bank nifty trades and targets above. The market was bullish the day before yesterday. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points as we are getting very few trending moves. If we do in between these zones premium eating will happen and we end up seeing losses.
Hello Everyone. I have provided nifty trades and targets above. The market was in a very tight range the previous day. Let the resistance or support range break 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 every 30 points as we are getting very few trending moves.
Bank Nifty has been outperforming and came near Record Highs. The zone of 47700/500 will act as a crucial support zone from short term perspective. For Education Purpose Practice and Learn price action setups