Hi nifty50 overview for next trading session Nifty reverse from 18341 Leval if not sustain 18341 then downmoves continues until 17700
BUY ABOVE - 18550 SL - 18500 TARGETS - 18580,18610,18640 SELL BELOW - 18500 SL - 18540 TARGETS - 18460,18420,18380 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
BUY ABOVE - 18640 SL - 18610 TARGETS - 18700,18740,18780 SELL BELOW - 18610 SL - 18640 TARGETS - 18580,18530,18500 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
BUY ABOVE - 18610 SL - 18580 TARGETS - 18640,18700,18740 SELL BELOW - 18580 SL - 18610 TARGETS - 18530,18500,18460 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
Channel of Nifty that leads to 19000 but there are lot of hurdles now. Some of the immediate resistances are near 18642, 18699, 18736, 18784 and finally 18887. Supports for Nifty are at 18584, 18552, 18508 and finally 18383. Things are evenly poised now.
The Nifty 50 Index (NIFTY) is extending the long-term Channel Up pattern that started after the March 20 2023 Low, when the 16750 Support held. The 4H MA50 (blue trend-line) is supporting for exactly 2 months and this week the technical Higher High and test of the 18890 Resistance (which is the All Time High) should be materialized. As you see, the similarities...
BUY ABOVE - 18510 SL - 18480 TARGETS - 18540,18570,18610 SELL BELOW - 18480 SL - 18510 TARGETS - 18460,18420,18380 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
#Nifty50 trading setup for Monday. Critical levels from 18550 to 18588 are marked. I expect a gap-up breakout in Monday section.
Nifty has given a strong closing on Friday by closing above the Mid Channel line. The nifty has given a close just below a strong resistance of 18509. 18509 was high of Friday above which the Nifty could not close. One way to avoid this resistance would be to open gap up on Monday. If we open gap up on Monday above 18509 levels, the next resistance will be at...
HDFC bouncing off from supporting trendline. Possible targets 1740 and 1900.
Naukri Broke out of a Descending triangle pattern with good volumes, there is also a double bottom pattern currently forming with neckline at 4635. Potential Targets are 5610 and 6020.
Sunpharma broke out support trendline and retested, ready for more downsides
Tata power break out and retest of Channel, Ready for 224 and 235
Wipro Moving in a broadening Triangle, waiting for breakout or resistance.
NSE:NIFTY Possibility 1 (Blue color waves): Nifty is currently in Flat correction ABC. Ongoing phase is wave B, which should end around 18458 and then Wave C should start which takes Nifty back to the level of end of Wave A 18060. Also, it may happen that wave B extends beyond 18458 till 18570-18610 as part of expanded flat correction type ABC. Possibility 2...
The end of the day was good for Nifty as the Nifty bounced from the support given earlier which was at 18206. (Nifty went just below it 18202 Low of the day and bounced back substantially to end at 18321). The major resistances to conquer remain: 18324, 18382 and 18455. Supports on the lower side remain at: 18202, 18190 and the zone between 18075 and 18068....
Nifty Not sustaining above mid channel support not a good omen for the Bull run. Somehow Nifty has to make a comeback in next 2 or maximum 3 days and sustain above Mid channel line which is around 18413 mark. Right now Nifty als faced a trend line resistance which emancipates from previous top. The zone was too hot for Nifty to handle and it leaped back towards...
BUY ABOVE - 18340 SL - 18285 TARGETS - 18380,18460,18530 SELL BELOW - 18260 SL - 18290 TARGETS - 18200,18100,18050 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD