Its bullish but not for long term prize can retrace and break avgs of minor wave 2 of 5 avgs should hold the prize for this view
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...
What are the important levels of Nifty 50? For new positions in Nifty: Buy Nifty stop loss at 22,500 for targets of 22,675, 22,700, 22,750 and 22,775; above 22,800, one may hold their position with a trailing stop loss. Sell Nifty only if it breaks below 22,400; aggressive traders can sell Nifty near 22,750-22,775 levels with a strict stop loss at 22,825. How To...
Sell Nifty @ 22780 - 22800 for 22740 and lower marked levels on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
We have two different patterns which indicates two direction in different timeframes. Opening will decide how the price will move. Pattern : Support/Resistance, descending triangle and trend line support. Range : Medium. Trend strength : Normal. Buy Above : 22440. Stop Loss : 22400. Targets : 22480, 22520 and 22560. Sell below : 22340. Stop Loss : 22380. Targets...
Disclaimer : Educational ideas only. You are responsible for whatever you choose to do from this analysis. From the chart, we see two very powerful upsloping resistance lines in green, one from a decade ago, another from 2020 low. In addition, we see a bullish flag like consolidation under the resistance line, but in RSI, we see lower highs and lower lows...
Nifty opened with a gap-up and after making a high near 22800 in first hour we saw a crash. We posted a sell idea on Tradingview @ 22780 - 22800 for intraday and traders made great profit in Nifty puts today. For Monday, we are not looking for a buy and will see sell on rise opportunity. If Nifty sustains below 22440, we may see 22400 and below marked levels on...
NSE:NIFTY Maximum Call writing of 100.26 Lakh is at 2300 strike followed by 78.88 Lakh at 22800 Strike and 69.75 Lakh at 22850 strike and Put writing of 76.13 Lakh at 22500 Strike followed by 58.35 Lakh at 22400 Strike and 53.23 Lakh at 22600 strike. Index is closed near 21600. US FOMC outcome will be declared on 1st May which is Holiday here and reaction...
Nifty50 Trading Plan Nifty Importent Supports 1. 22510 2. 22350 3. 22180 4. 21800 Nifty Importent Resistance 1. 22630 2. 22780 3. 22930 4. 23000 Nifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis - 0.86 ( Bearish) Max Pain As per Option Chain Analysis - 22800 Major...
Overall nifty trend is upside once market will close above 22770 then market will go up to above 23000. in.tradingview.com
In my opinion, I am looking to buy , which is a strong DEMAND ZONE and NIFITY create all time high and break the previous structure. It is not advisable to enter without confirmation from a lower TF.
NIFTY Intraday Trade Setup For 30 Apr 2024 Bullish-Above 22660 Invalid-Below 22610 T- 22875 Bearish-Below 22500 Invalid-Above 22550 T- 22333 NIFTY has closed on a bullish note today, clocked exactly 1%. Tomorrow once again we can expect bullish move if today's high is sustained. In the weekend we discussed hourly levels as 22650 and 22300. It has tested the...
As we discussed the market in the live session, it was bearish. After that, it gave a nice fall. If we look at the chart now: Price is Making continuous HH and is not able to make HL. Price is taking support at 200 EMA. This level is also fibbed at 0.23 level, which is considered with 200 EMA, making it a good support zone. 22374 is also a good price...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 30-04-24 Book Profit If you have ANY in holding. Head & Shoulder Pattern will emerge. It gives bearish signal to change the Uptrend into downtrend after some futile effort to close above previous high. Now “Sell on Rise” will play for next few months. Stay In...
NIFTY Intraday Trade Setup For 1 May 2024 Bullish-Above 22790 Invalid-Below 22740 T- 23050 Bearish-Below 22550 Invalid-Above 22600 T- 22333 NIFTY has closed on a slight bearish note with 0.17% cut today. It has formed a shooting star exactly at ATH which seems to be an alert for bulls. Index will rally very strongly above 22800 as sellers shorted today will...
Price was unable to sustain day's high and fall down nicely. Will the fall continue or price will move up? Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22520. Stop Loss : 22480. Targets : 22560, 22600 and 22640. Sell below : 22440. Stop Loss : 22480. Targets : 22400, 22360 and 22320. Hit the like button to Rock !! Show some...
22501 -- 22481 (No trade zone) Any hourly closing below 22481 then 📉 22376 -- 22236 Closing above 22501 in any hourly 🕯 then 📈 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Nifty opens on lower note but afterwards nifty made high of the day which is 22710 level. Index was choppy throughout the trading session. Nifty has formed shaven bottom candle on daily chart which indicates participants were buying from day’s low. Double Moving Averages are giving crossover. Nifty is able hold 22600 level so, further resistance will be 22700...