The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Nifty this week has given bullish signals. Indications for the next week or so are positive. For NIFTY to crossover to the bullish zone it needs to cross the most important resistance zone of 17925 to 17996. If this zone is crossed we can see the levels of 18127, 18359 or higher. Most Important Resistance zone: 17925 to 17996. Other Resistances: 18127,...
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 here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial...
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 here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial...
Spot Nifty is just under Double Trend line resistance of 17700. Closing above 17700 will open the wide possibilities of Nifty strolling 18K and regaining the level with confidence. As the resistance is very strong and we are currently at 17665.80 a great thing to happen will be getting an gap up opening above the resistance and sustaining it. If it is not gap up...
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 here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial...
Nifty is a little confusing compared to Banknifty today. The weekly levels are also not giving any clear picture. We are looking at the following scenarios for Nifty today: 1. If Nifty crosses 17613 levels, then we can go for long. The is a small resistance at 17660 levels, but the price should be able to penetrate that level. 2. We can go short once we see a...
It was important for Nifty to end the week above 17570 which was the 50 hours EMA. Ending above 17700 Which is the trend line would have been even better. Ending below them means now these Two lines are important resistances for the next week. Bull run can start only when we get a daily closing above these Two lines. Crossing 17700 the next resistance would be...
Sell nifty beacuse sellers are strong . Bullish phase is temporary . As we can see in todays market ... We hope according to price action .the mraket be berrish . Sa in chart i give sl use sl please ... I hope your account turn into profit ... Its my thoughts :)
17166 proved to be good support in weathering Powell storm. After taking a support at this range we have seen a bounce in Nifty which is nearing it's critical 50 hours EMA resistance. It can also be seen in the chart that this zone is mid channel resistance for the channel ini which Nifty is travelling from around 10th of june. Immediate Supports and resistances...
Pretty Nasty day with Kneejerk reaction to Powell's speech as expected. One reason to smile today was fantastic recovery from the levels of 17166. This is the key level now. holding 17166 will be very important for Nifty. Resistance levels: 17392, 17495 and 17736. Support Levels: 17166, 17026 and below it 16950. Total Bearish takeover below 16703.
With Powell's Statement, Dow has given a -950 pts fall on Friday! This has led to -215 points Pre-Open fall in SGX as of 28/08/2022! With Opening on Monday, i.e, 29/08/2022, we can expect the market to Open around 17200-250 zone and then take support at the marked levels! Institutional accumulation and Buying seen in the August series indicates that markets can...
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 here for educational purpose. Please consult your financial advisor before trading. NIFTY Nifty is up by 36 points. However, Nifty closed almost flat, below 20 EMA, VWAP levels. Market...
as you can see in 15 min nifty is creating a lower low so we can say it's in the downtrend so don't go for a call side unless you see the first 15min candle bullish short below the 17421 for safe all the best for monday
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
Powell's Speech at Jackson hole Symposium to decide the direction of NIFTY and other global indices. Green lines support red lines resistances. Unfortunately we could not end above 50 hours EMA. Despite multiple attempts today. Good outlook from Powell can give us gap up above 50 EMA. Otherwise things can slide down side next week. Supports : 17484, 17346,...
fundamentally the indian stock market is experiencing a big move from the largest companies, technically i see NIFTY to 18220 per share price value.
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 here for educational purpose. Please consult your financial advisor before trading. NIFTY Nifty is down by -82.5 points. Nifty closed near day’s low, below 20 EMA, VWAP levels. Once...