Market Analysis NIFTY 50- 17th oct 24 - NIFTY opening 25027 SUPPORT - 24990 - PSY important support + Pivot ,also trendline will act as support if not sustained can breakdown to 24912 RESISTANCE -25069 can act as rejection level . WAIT n WATCH -9.45 #NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty...
Market Analysis NIFTY 50- 16th oct 24 - NIFTY opening 25008 Nearest SUPPORT - PSY 25k- important support + PDL , if not sustained can breakdown to 24960 til 24919 - below thi panic sell RESISTANCE -25038 should be clear for bullish (can also act as rejection and then down move) . WAIT n WATCH -9.45 #NIFTY #niftyanalysis #nifty50 #niftyprediction ...
Market Analysis NIFTY 50- 14th oct 24 - NIFTY opening 25023 , at SUPPORT - 25021, PSY 25k , next support 24966- - should breakdown this level for bearish move, Panic and down momentum continues below 24920 , RESISTANCE -25038 should start trading above this level (if rejection then downmove) -. #NIFTY #niftyanalysis #nifty50 #niftyprediction ...
Market Analysis NIFTY 50- 11th oct 24 - NIFTY opening 24985 , at SUPPORT (DIP buy) - PDL 24980, PSY 25k , next support 24940- - should breakdown this level for bearish move, Panic and down momentum continues below 24888 , RESISTANCE -25038 should start trading above this level & trendline coming from top (if rejection then downmove) -WAIT & WATCH -9.45. ...
Market Analysis NIFTY 50 - 10th oct 24 - NIFTY opened 25068 , Nearest SUPPORT - 25053- Pivot , next support 24980- PSY +Trendline of last swing+CP - should breakdown this level for bearish move, Panic and down momentum continues below 24943 , RESISTANCE should start trading above trendline coming from top then 25150,25247 should be confirmed for Bullish...
Pre Market Analysis 9th oct 24 - NIFTY opened 25064 , IMPORTANT SUPPORT (DIP buy) - 25000 , next support 24943 - should breakdown this level for bearish move, Panic and down momentum continues below 24800 , RESISTANCE 25118 and above, should be confirmed for Bullish move and positive Price action through out the day #NIFTY #niftyanalysis #nifty50...
Pre Market Analysis 7th oct 24 - NIFTY opening 25084 , SUPPORT (DIP buy) - Immediate minor support-Closing Price- 25046 , next support 24962- should breakdown for for bearish move below 24840 , RESISTANCE 25148 then 25260, . already few trend days so just stay choppy with small moves #NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty...
Pre Market Analysis - NIFTY opening 25900, near resistance 25911 can get rejection near this if sustained can see 26000 , Bearish below 25665 on Price action confirmation till next support 25822 #NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis
NIFTY bullish after choppy start- taking support from trendline and after crossing PDL - clear move
Buying above yestrdays trend line -selling after breakdown of support line- BNFty strong
Despite bearish -Sell RIP price action, multiple supports to hold NIFTY like major trendline in day frame, 17600 till 17577. Break of this and good price action can lead to major fall but doesnt seem likely. BNFTY hardly moving down, Bullish bounces shud give good scalping trades
Support of trendline generated gave bounce at 11.15 am. NIFTY taken support on trendline generated in day time frame today (also since 3 days). more bearish move below 17570 (bounce frm around 17640) or bullish abv that (chances seem less). scalping shud b better
NIFTY's important bullish trendline which was support has now become Resistance. Tring to form a base at 17785, crossing 18k may sustain bullishnes. Below 17750 selling . NnkNifty quite bullish but weakness in NIFTY can cause it to collapse below 41600. Scalping sems better
Power of trendlines- in such strong uptrend break of trendline in NIFTY gave huge down move - all bull gains lost. BNF is still taking support from trendline . But selling only below 16960 and 39600 (confrmation below 39250)
Bnifty already about to breakdown a strong trendline but shud wait fro nifty to break 16960 -longer frame trendline on downside. good bounces with strong buy can also lead to good upmove
nifty takng support from yestrdays trendline and still sbove pDH, banknifty looking more neutraal (also wide CPr) but below trendline. if support tken can see upward movement else breakdown (can be slow and theta eating
Bearish structure but nifty at strong support 16900 and BNFty also intraday support. Can be a slow momentum downside -scalping shud help. buying only abv 17960-70
trend line break may bring an upside move- or is it a good opportunity to sell. More weight on sell side but may be in little while. till then scalping