Market is bullish, if market opens sideways then buy if market opens gapup then wait for futher price-action sell only half quantity only after price-action
As long as 16800 is holding nifty can reach 17400 level On closing basis closing below 16800 will trigger fresh selling
NSE:NIFTY Analysis/Prediction for tomorrow 29-07-2022 For Flat Opening 🟢 Buy CE near 16870 ✔️ Target Should be 16980 🔴 Avoid PE For Gap-UP Opening between 17000-17060 🟢 Buy CE above 17070 ✔️ Target Should be 16252 🔴 Avoid PE For Gap-Down Opening below 16850 🟢 Buy CE above 16930 ✔️ Target Should be 17000, 17060 🔴 Buy PE below 16840 ✔️ Target Should be 16252,...
The stage looks set for NIFTY to gain 17K once again. If that happens lot of investors will be happy and market confidence will only keep increasing from here. Before we reach there there is very important resistance this resistance is exactly at the point which NIFTY was not able to cross today that is 16948-16960. Crossing this resistance zone will unleash more...
Nifty is continuing its up move from last two days and standing near an important psychological level of 17000, And this level was having highest OI in CE side through out the week, and though it is not very significant now but still next week’s expiry is having highest OI in same level also. Again, if we see in 75 minute time frame, RSI is at 80 level, and on...
Nifty has given a nice move and has given a bullish engulfing candle. It has given a nice bullish candle and closed above its 20 DMA. In the last trading hour market gave a bullish move and smaller time frame bearish trend seems to be over. Support :- 16570, 16325 Resistance :- 16680, 16825 Market has been given a nice movement and can remain in green. Wait...
1) This post is to learn how channel work. 2) Try to analyses how it work. 3) Money management is more important that analysis. 4) Never average losing trades. 5) You should have setup/ reason before taking trade. 6)Think about in term of risk and reward.
Nifty is trading within 100 points, from 16500 to 16600 no trading zone. Breaking out of this range will give direction for further move.
Pattern 200 ema daily support RSI Bullish ADX Positive
NIFTY is having some butterflies in the stomach ahead of the 27th July US FED meeting. Clearly the indices like IT, Midcap and Smallcap will be in a lot of pressure. Support for Nifty will be at 16483 and 16459 below these levels Nifty can have a free fall till the levels of 16353 or 16276. Resistances on the upper side will be at 16562, 16687 and finally 16756.
Nifty 50 - Support and Resistance for 25 July 2022
Looking at the EU and US markets, expecting NIFTY to trade in a very range bound market... 16700 ~ 16770 look to be good resistance zone (CPR resistance levels 16703) 16500 - 16500 look to be good support zone (CPR support levels 16561) OI a. Call writing is quite high at 17K, even 16.7K has good OI b. Put writing at 16.5K has nearly 6 million contracts 20 delta...
Nifty Long term view for education purpose only. Do not take based on this view
If nifty opens sideways/gapdown and breaks 16600 then we can sell if opens gapup and crosses 16680 then buy
In the post that was for today 25th July 2022, Link below (Nifty - what next? July Month Expiry - I had mentioned that we are looking at some local top to be formed. Having said that - there are technical analysts who are looking at bigger trend move up in 5 waves. While we still hold Falcon Wave - where green A weekly wave was formed, and now going down in...
Nifty has formed 5 waves to complete this massive up rally, wave A usually is great impulse in Falcon Waves (Not Elliott Waves) and this entire journey ow is mapped. Thanks to Heikinashi Candles and Falcon trigger line concept, that enables me to win during this entire rally. While I keep outlook for short - to form green B (which will have blue daily abc...
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...
SGX Nifty is currently at 90 points negative and in current scenario it may fall down more as it is near a weak support zone. In that case for Monday, we may see a significant gap down opening in NIFTY, But if SGX Nifty reacts to this support level then we may see a flat to slight gap up opening also. Now, at closing hour, OI data was neutral to bullish, and price...