16800 is the long term support since November 2020. SO expecting that nifty will hold 16800. I shorted 16800 march PE.
NIFTY50 is making Bearish Pattern called Triple Top. I haven't analyzed the market much however I advise users to be careful. Let's see how it plays out. Like and share your opinion in comments.
As mentioned earlier and using depth PA or Price Action, Each swing lows with bigggg WICKS tend to retest time and again and it is prooven, Rest idk if what you say is profit booking after a big green day haha. Nifty gets shorted till 16600 and trade short at pullback whoch is 16950 for good traders, risky traders can get a flow til 16660
NIFTY is finding much needed support in the 16830 to 16866 range. Although market ended in negative due to relentless support by FIIs which was Rs 6266 Crores today. DIIs bought again in big number and were net buyers for Rs. 2881 Corers. One has a strong feeling that bottom is being formed and once the FII buying returns or not net negative for some days chances...
The strength of Break Out we got on 25th Jan will be tested today due to US FED stance. Major supports are 16998 and low of Tuesday 16832. Below that we have major support at 200 days EMA 16954 which might also be tested. Key resistances ahead will be 17289 and 17425.
Nifty formed bull flag pattern and also it's retested so now on💚⬆️
The nifty chart is trading in a channel pattern We may expect an ascending consolidation Disclaimer - This is only for the educational purpose
Nifty Road map for further trading. I tried to use nifty trend analysis from low of 2009 and try to predict next course of action going further. It will help us to take appropriate action according to this chart.
Hello Traders, NIFTY@25/01/2022 -------------------------------------- Opened as a Gap down, at our Support PDL. Market took the support at S@2 then it was broken our levels (S@1,PDL,Support, Resistance ,IMP). Finally closed above IMP. Please do share your thoughts in comment section. Please hit a LIKE , it motivates me to do analysis and do share with...
a significant correction has took place in market. for a good movement high correction will be in 5x speed. but is it done ?? as we could see clearly in 1d chart retracement level of 78.6 has been obeyed, also strong support has been offered by the trend line. for wealth accumulation buy stocks since they are cheaper now. we can see a all time high soon cause...
Today's range of nifty. The US market has turned around in a record way. Take a look at the line, trade, be patient, profit will come. Keep working hard every day, for that one great day in life.
Important levels have been marked for tomorrows trades - Similar pattern like Banknifty - DOUBLE TOP at the last 2 candles on 15 minute time frame. Keep in mind issues mentioned in Banknifty view. All the best !!! Your feedback is most appreciated
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.
On daily time-frame NIFTY IS TAKING GOOD SUPPORT AT TRENDLINE EXTENDED FROM LOW OF MARCH -2020.
These three levels are immediate supports for NIFTY 17280, 17222 and 17070 below these levels it will be 16764 and 16410...recovery can start from any of these points.
Even Nifty on Monthly TF is looking weak. But I might be wrong. But If price follow the PA we can expect again 16k levels on downside. Views are personal and only for educational purpose.
Nifty Now trading in NO TRADING ZONE....ON Monday it will expected to test levels of 17400 and if it will failed to recover and close above 17750 till Tuesday then it will expected that market will more volatile in Feb and March and this correction extend till april
The above levels are to be considered for Intraday. If price is above the orange zone, can be bullish until the next red zone or line. If price is below the orange zone, can be Bearish until the next green Zone or line. If price is near our zones react and make target of next zones. SL of zones up or downside. If zone to zones levels is long, make it half for...