This is about nifty's bullish rally will it continue to make ATH(all time high) or it ll fall for a little correction and then start a new rally towards the ATH what's your point of view on this
After yesterday's strong gap up, Nifty has consolidated for the whole day. Nifty is at very important levels and breakout in either direction will decide path for bigger rallies. NSE:NIFTY NSE:NIFTY1!
The high that Nifty made today 17719 to 17832 will be tough to cross. Even if that is crossed or touched there is a major resistance beyond it which extends upto 18117. FIIs are buying relentlessly of late. May be their buying power can help us cross this important resistance. Investors should be aware of this zone and if there is a correction be prepared for...
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
Nifty 50 has seen remarkable move since June 2022 from 15200 levels to 17700. Currently it has reached at a price area , where it could struggle for a while. Today's Price Action 1. Opens gap up, did not sustain, closes near its low. 2. Rsi is also overbought, though no sign of weakness. We may see nifty going sideways for a while. Immediate Support @ 17400...
NSE:NIFTY Analysis/Prediction for tomorrow 12-08-2022 for flat/Gap-UP opening 🟢 Buy CE above 17720 ✔️ Target Should be 17795 🔴 Buy PE below 17640 or near 17700 ✔️ Target Should be 17550, 17490, 17350 for Gap-Down opening 🟢 Avoid CE 🔴 Buy PE near 17640 ✔️ Target Should be 17490, 17350 Important Notes: 🚨 Gap-UP & Gap-Down more than 100 points wait for price...
Hello and welcome to this analysis on NIFTY From the high's of 18600 made in October 2021, every pullback leg of Nifty has been approx 88% 18350 on 18 Jan 2022 was 88% of the decline from 18600 to 16410 18115 on 4 April 2022 was 88% of the decline from 18350 to 15670 The current rally is at 78% of the decline from 18115 to 15185. So what lies ahead, lets try...
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
I have observed this pattern in Nifty daily chart 1500 to 1600 points down move 2300 to 2400 points down move If the recent high is temporary top for time being a 1500 points correction is possible in the index 2 days closing above 17600 will reject this pattern and next resistance will be 18200
Nifty after recovering most of the fall is going to either break previous high levels or can give another fall. As per the pattern, 17800 can act as a crucial zone from where we can see either it will be bullish or not. For upcoming week, we can expect it to go further upwards till 17800 and then wait for market to give either side move. Trade safe. Manage...
I Think Nifty50 is in a Diamond Diametric and I drew possible Scenario for few next Months. The index can make top on 17500 point and go down to 15000 point until September 2022.
Nifty 50 Index continued its winning streak for sixth session in a row. India Vix also cooled off to 16.65 and is now at the lowest levels since Jan’22. Daily TF – Weekly Range Structure of the index is bullish on daily and hourly TF- making higher highs and lower highs, and index seems to have reversed in the short term. Index did not give any major...
NSE:NIFTY Analysis/Prediction for tomorrow expiry 11-08-2022 If price opens in Zone 🟢 Buy CE above 17560 ✔️ Target Should be 17613, 17740 🔴 Buy PE below 17480 ✔️ Target Should be 17350 Important Notes: 🚨 Gap-UP & Gap-Down more than 100 points wait for price action. 🚨 Gap-UP & Gap-Down up-to 50 points wait for a pullback. ⚠️ Wait for the 5-minute candle to...
Nifty Elliott Wave Analysis NIfty Now Come down 17000 Support And Again take Support Trendline And Wave 4 Again Pullback Continue upto 17800
Daily TF – Weekly Range The index has stopped making lower lows and broke the previous swing high of 15,950 levels (after retesting) and downward trendline resistance, activating the XABCD pattern and is likely to face resistance at 16,475/500 levels (Harmonic PRZ), which if it sustains can retest the major previous swing high of 16,800. The range finally shifted...
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
It's time to be careful in Nifty 50 as the index has reached near to the upper edge of fibonacci channel. If Nifty breaks out the channel this time, very sooon its going to create new ATH.