We had gap down opening on friday, but after consolidation, price moved up. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22160. Stop Loss : 22120. Targets : 22200, 22240 and 22300. Sell below : 22060. Stop Loss : 22100. Targets : 22020, 21980, 21940 and 21900. Hit the like button to Rock !! Show some energy !! Note : This...
Nifty 22368 - A bearish flag pole pattern. We expect 22385 to work as resistance. Increase in OI Yesterday suggest negative sentiment. Put Writers are strong at 22100 and call writers ate 22700
NSE:NIFTY ◉Technical View ▲The up-trend started to lose its strength a few days back and formed a rising wedge price action. ▲The Rising wedge broke down from the trendline + Neckline and gave a good closing also with RSI confirming the Bearish Structure. ▲2nd confirming structure is double top, I always say location is important more than the structure...
"Good morning, friends! Here are the directions for April 19th: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a bearish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a -350 point decrease. GiftNifty indicates a long gap-down, so I don't know where it will be open....
NIFTY Intraday Trade Setup For 22 Apr 2024 Bullish-Above 22190 Invalid-Below 22140 T- 22405 Bearish-Below 22000 Invalid-Above 22050 T- 21800 NIFTY has closed with a cut of 1.65% last week. Last week we had a bearish view as per the 2nd leg shooting star in weekly TF. Trigger of the bearish move was 22500. Index has respected 50 EMA in daily TF. Now Below 21770...
NIFTY Intraday Trade Setup For 19 Apr 2024 Sell_1- From 22250 Invalid-Above 22300 T- 22080 Sell_2- Below 21950 Invalid-Above 22000 T- 21750 21585 NIFTY has closed on a bearish note with 0.69% cut today. Last weekend analysis is going well as we discussed that index will be under bear's grip below 22500 as per the effective 2nd leg shooting star candle in weekly...
Nifty is at the level from which we can see ATH in near future. Be cautious in war situation and take trade 50% of the normal qty that you trade as we are going against the recent down trend.
Second winning strike of bulls, Nifty opens gap up with almost 150 points. Initially bears were trying to capture the market but didn’t sustain and made days low that is 221989 level. Market was choppy throughout the trading session, into last trading hour nifty made high of 22375 with almost 220 points up which is around 1% and gave closing near today’s opening...
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...
Nifty 22402 - Is trading in bearish ascending wedge pattern. Resistance at 22520 and support at 22395. OI data has decreased from 1.21cr to 92 Lacs suggests retail short sellers exiting. Max pain is around 22475.
Nifty 50 Wave Count And Targets optional counts are in perple Minimum after Ending Diogonal Target 1 21763.10 if turns from here then 21956.45 - 22149.80 Target 2 21487.85 Target 3 21137.20
Nifty will be gap up opening in today's session. After opening nifty sustain above 22400 level and then possible upside rally up to 22530 level in today's session. in case nifty trades below 22330 level then the downside target can go up to the 22210 level.
Good morning, friends! Here are the directions for April 22nd: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing a +160 point increase. Nifty had a solid pullback in the previous session. GiftNifty...
Its an mixed bag view for nifty for few weeks as of now, its creating head and shoulder pattern in daily chart, in weekly it has created a shooting star at the top! these are bearish signs. for this bearish view to get negated nifty needs to close above 22620 level. along with this on short term it looks like nifty will touch 21350 odd levels in the coming week...
Good morning, friends! Here are the directions for April 23rd: The global market trend is moderately bullish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing a +30 point increase. Nifty experienced a minor pullback with some consolidation...
Price is moving within the range 22350 - 22480 for the past two days. Near by resistance is 22500 zone. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22420. Stop Loss : 22380. Targets : 22460, 22500 and 22540. Sell below : 22320. Stop Loss : 22360. Targets : 22280, 22240, 22200 and 22160. Hit the like button to Rock !! Show...
NIFTY Intraday Trade Setup For 23 Apr 2024 Bullish-Above 22390 Invalid-Below 22340 T- 22665 Bearish-Below 22190 Invalid-Above 22240 T- 22000 NIFTY has closed on a bullish note with 0.86% gain today. It opened with a big gap up and traded between 10 o'clock range for the whole day. However buy levels was respected as support irrespective of the gap up opening....
Trend is bearish trading below daily 50 EMA and infosys ADR trading 5 percent down after company posted Q4 earnings that can effect on nifty pushing to more downside. Still we follow support and resistance levels to trade on friday. Support are 21950 if sustains below short targets of 21900,21850,21800,21750 Resistance are 22080 if sustains above long targets of...