Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
22484 -- 22504 ( No trade zone )
Hourly closing above 22504 then 📈 📈 to 22583
Closing below 22484 in any hourly 🕯 then 📉 📉 to 22389 -- 22342
marked on the chart .
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
cmp : 22442
demand zone : 22305-22392
supply zone : 22740-22810
nifty is respecting both demand and supply zone.
breaking any one zone will be indication for next big directional move of 2-4%
price action suggest bearishness but if demand zone is respected it may bounce back.
any dip towards demand zone should be treated as buying opportunity with strict stop...
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
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NIFTY Intraday Trade Setup For 9 May 2024
Bullish-Above 22370
Invalid-Below 22320
T- 22605
Bearish-Below 22170
Invalid-Above 22220
T- 22000
NIFTY has closed on an absolute flat note today. Yesterday we discussed that index has reached 50 EMA and there is a chance of respect. Tomorrow after a flat opening if index sustains today's high then there can be 0.618 %...
"Good morning, friends🤝🍬! Here are the directions for May 8th:
There have been no changes in the global market; it's maintaining a moderate bullish sentiment, while our local market sentiment indicates a bearish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +20.
Nifty fell solidly in the previous...
"Good morning, friends! Here are the directions for May 7th:
The global market has moderate bullish sentiment, while our local market sentiment also indicates a moderately bearish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +12.
Both Nifty and Bank Nifty have the same consolidation structure. If...
NSE:NIFTY
Time Frame: Daily
Ascending Channel
An ascending channel is a technical analysis pattern used in financial markets to describe the price movement of a security or index, like the Nifty.
It's formed by drawing two parallel trendlines that connect the higher highs and higher lows of the price action.
This pattern indicates a bullish trend, with...
Nifty hold long above 22493 expecting 22883 atleast. Price can dip after hitting 22706 - some volatility possible here. Add more abv 22656 . Angle support has held. Breach below 22455 expect 22208.
Trade as per levels.
Look for updates .
Nifty will be gap up opening in today's session. After opening nifty sustain above 22320 level and then possible upside rally up to 22440 level in today's session. in case nifty trades below 22280 level then the downside target can go up to the 22160 level.
NIFTY Levels for Today
Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels.
The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
NIFTY Intraday Trade Setup For 7 May 2024
Buy-Above 22600
Invalid-Below 22550
T- 22810
Bearish-Below 22340
Invalid-Above 22390
T- 22100 21885
NIFTY has closed on a slight bearish note with 0.15% cut today. It gaped up and did not trigger any trade levels. Infact it traded between previous day's range. Tomorrow if it opens flat and 22340 is sustained then we...
In this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that...
Nifty is correcting from ATH on 30 Apr 2024 at 22794 and we are 8 days away from it. Nifty has made a Swing Low at 21777.65 at 9:00 am on 19 Apr 2024. So the 11 May 2024 is important. Friday 10 May 2024 closing will be important timewise. From the ATH we have retraced 800 points nearly within the range of 1000 points. The Current Lows are 22185.60 and 22185.20 at...
Nifty Analysis - Stance Bearish⬇️
Recap from yesterday: "On a closing basis, N50 finished the day above 22295 at 22302. Ideally, I should change the stance from bearish to neutral, but let me give the benefit of the doubt to the Bears for one more day."
If you look at the horizontal lines, it may appear like I drew them today after the Nifty's move. Thankfully...
In this video, we'll discuss about Last week's Market Movement and share Next week's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
👍Like |...
We had a last hour big fall yesterday and now price is testing the trend direction deciding zone.
22500 can act as strong support.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22640.
Stop Loss : 22600.
Targets : 22680, 22720 and 22760.
Sell below : 22540.
Stop Loss : 22580.
Targets : 22500, 22460 and 22420.
Hit the like...
