IS IT LOOK FOR MULTIPLE TOP FORMATION The same would get confirmed on violation of support. A rectangle if breakout is seen for continuation pattern. The momentary bias is to put pressure on support and rising trend line.
After gap down opening, NIFTY made a failed attempt to recover and went further down after 3hrs into trading. The fall was prevented by existing support zone. Being area of confluence, the immense selling pressure was thwarted and NIFTY held 15700 levels. Immediate support zone: 15700-15660 Immediate resistance zone: 15825-15850 While FII sold -2198.71, DII...
Looking bearish. Don't go long as longs as below all time high.
understanding trades of nifty future for 20.07.2021 (Tuesday).
Nifty View: Yet another failure to hold onto a new life high as the benchmark Nifty index slips over 170 points in today’s session to post a close at 15,761. The “Bulls” should worry a bit now as the breakout move which we noticed last Thursday has now turned into a failure. We were focusing on the importance of 15,777 and in today’s session, we have got a clear...
Intraday Nifty Gann Support and Resistance Levels FOR 19/7/2021 are: Nifty R1:15954 R2:16038 R3:16102 R4:16165 S1:15891 S2:15828 S3:15765 S4:15702 Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any...
There is a global sell-off. All the markets are down, be it SPX, FTSE, DAX, etc. SGX Nifty is also tanking heavily. SGX Nifty may reverse or at least show some bounce from this Green box or from the next support level. The RSI is in oversold territory and there is a divergence on 4hr. I think this is a shakeout move before moving back up. Take positions...
Bullish if the price sustains 15980 - 16020 for the targets 16060, 16100, 16140, 16180 and 16220. Bearish below 15920 for the targets 15860, 15800, 15760, 15720 and 15660.
For a long time Nifty 50 is consolidating between 15750/15800 level to 15950, coming week may be seen major breakout or breakdown on either side around 100-150 points...so be cautious...
All supports are not for buy level. As like all resistance are not for sell levels After long research and back testing we find which S&R is for sell level & which S&R is buy level. In that result we give the pure intraday levels in charts. BLUE LINE ARE BUY LEVELS (Target lines) ORANGE LINES ARE SELL LEVELS(Target lines) Additionally we added guiding line for...
Nifty View: A flat unit point's negative close for the benchmark Nifty index in today’s session to end the week. On a week-on-week basis, it was however a better performance as the index gained over 1.35% or 213 points and post a new life high. The index is essentially consolidating this recent rally with today’s flat close which has taken the shape of a “Bearish...
NIFTY BULLISH FOR NEXT SESSIONS_BREAKING ALL TIME HIGH
BUY NIFTY FUT, BULLISH FOR NEXT FEW SESSIONS
NIFTY FUTURE IS IN A RANGE ONCE BREAK THE HIGH STRONGLY THEN 16300 IS ON THE WAY
Nifty Future Buy Near Support Area 15840-15770 Sell Near Resistance Area 16000-16030. Happy Trading.
Intraday Nifty Gann Support and Resistance Levels FOR 16/7/2021 are: Nifty R1:15972 R2:15993 R3:16056 R4:16120 R5:16183 S1:15925 S2:15904 S3:15841 S4:15778 S5:15715 Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your...