Yet another day when both FIIs and DIIs were buying NIFTY not able to cross critical resistance. NIFTY today made a high of 17559.8 and ended in negative 17464.75 which is 33.5 points lower than yesterday's close. The markets are indecisive about direction the rally will go on or halt for a while as consolidation continues. Supports on the lower side will be at...
NIFTY Today in a weak market did extremely well to survive above 17202. Resistances remain at 17294, 17352, 17428. Supports are at 17094, 17075 and 16998. It is anyone's game tomorrow. Heart says Bulls will make a mark tomorrow. Chart is neutral.
Nifty 50, Elliott Wave counts shows down trend marked in the chart. We can see lower levels taken and final target can be below 15000 Levels if this continues. There is no strength in buyers. With continued FII selling, it is becoming very clear that we have not reached bottom yet. Follow me for more charts like this on NIfty and Crypto. Important Trend...
17000 is a crucial support for NIFTY. If breaks and sustains then 16800 can be seen. Can show recovery only if sustains abv 17200 and go till 17500.
As per three indicators like fibanocci retracement,bolingerband and parallel channel Nifty is going to hit 17200 and it will reverse there. NSE:NIFTY
this is an appendix to the please return to this analysis after watching the said analysis video for specified dates and Said Prices
Nifty has failed to break the trendline resistance on Monday. Nifty was moving in a channel the last 2 weeks but finally it closed below the channel support region on Friday. Therefore, we can see Nifty continue its down trend and touch 16696 level which is the 618 fibo levels where there is a chance for reversal of the downtrend. However, until that, fresh...
if open above 17840 then will touch 17900 , if break 17800 then will nifty will fall and touch 17750, 17700
this chart has been marked with all-important nifty50 zones and levels for potential support or resistance. Mark them in your chart and trade accordingly!
The ongoing recovery wave(Not impulse wave)Labled as W,X,Y,X,Z The interesting part is, wave 'Z' should be less than wave'W' for the end of Recovery(4/B)as triple ZIGZAG But wave'Z' is more than1.382 times of wave'W' but less than 1.618*W. This situation has two chances i) Either WAVE 'Z' completed(since C<1.618*A) OR ii) formation of expanding triangle in...
Nifty formed CUP and HANDLE pattern on 1hr timeframe and is ready to touch 17000 soon
Long-term Bias (Weekly): Definitely Bullish Medium-term Bias (Daily): Definitely Bullish Short-term Bias (195 Min): Bullish Nifty had bounced sharply from the support suggesting good bullish move on the upside. ,my short term target is 16200 for next 1-2 weeks let us see if this view works. I will stay with bullish bias, until I see spot bearishness Thanks, Yogesh
Important levels and my reading of NSE:NIFTY and NSE:BANKNIFTY for tomorrow. Disclaimer: not SEBI registered. Please like/share/subscribe on YouTube if you found this helpful and follow on TradingView.
Good Morning everyone, Hope you all are doing great and did good in the last week, Index short term trend is bullish and we have seen 500 points up move in the last week but the main problem is Index momentum in intraday is so choppy & messy and most of the movement comes with a gap up then the market turns sideways all over the day which is not tradable in the...
Disclaimer: We are not SEBI registered analysts.All information/calls posted here are for educational purpose only.
Hi ac we can see there are regular Bearish Divergence with MACD Lines and Histograms which is the sign of trend reversal and price correction... the index was bullish from march 2020 as the corona pandemic made a huge fall in the economy so post pandemic we can see the market had a bullish return to its past trend and even made new ATH, so to me we are now at the...
NIFTY BUY ABOVE 14220 TGT 14250 / 14280/14310 NIFTY SELL BELOW 14161 TGT 14131/ 14101/14071 Disclaimer : Trade at your own risk
NIFTY BUY ABOVE 14042 TGT 14071 / 14101/14131 NIFTY SELL BELOW 13983 TGT 13953/ 13924/13894 Disclaimer : Trade at your own Risk #nifty50levels #nifty50priceaction #nifty50trend #nifty50analysisi #nifty50price_targets #nifty50tradingplans #nifty50