Nifty Weekly Analysis for Jun 26 - 30🔍 Analysis on Nifty for the Upcoming Week 🔮
Jun 26 - 30
The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure.
📈 Key Levels to Monitor:
In the upcoming week, it's important to monitor key levels 18535, 18650, 18660, 18890.
🔎My outlook:
The outlook for the upcoming week’s trading suggests a directional view (Bullish).
📈 Bullish Scenario:
If Nifty breaks out above the significant level of 18887, supported by a strong and clear daily candle, it could indicate a bullish market trend.
📉 Bearish Scenario:
However, if Nifty breaks down below 18534, confirmed by a strong and clear daily candle, it may signal a decline towards the 18250 level.
📊 Support Level:
As long as Nifty sustains above the support level of 18530, the market can be viewed as bullish.
Niftyintradaysetup
nifty daily analysis
Nifty opens:
side: if market give upside breakout after consolidation around 18830 then buy (PS-30% )
if market moves down then sell (70%PS)
gapup: wait for price-action trade on whichever direction it gives breakout(PS-20%)
gapdown: wait for further price-action and sell if breaks lower support (PS-100%)
NIFTY--Trending Breakout or Breakdown?? Observations::
The index is still in uptrend....
facing some resistance @ ATH...but no sign of bearishness is observed.
yesterday index is trading in a range....
if today this will range may be broken...and will observe a trending expiry...
Bullish expiry or bearish Expiry::
As long as price is above the 18700 it is bullish only....
if price breaks 18660 level and it gives some retracement then only will go for short side...until don't think of short again...
Fake breakdown may also be happen at this zone 18760-18740.
If price breaks @ATH, until which level we can expect..
after breaking ATH, we can expect price will reach rounding number 19000 and 19050, like vise.
we cannot predict where it exactly reverse.. all these are our expectations only....
we cannot trade after a ATH, the reason is we don't know where to place our target, we know only stop loss..
so wait and watch the show...will have another day price will come back and move...
if it is fake breakout above ATH, will fall again...
Note::
BANKNIFTY broken ATH ...will expect nifty will also break...and reverse.
If we see BANKNIFTY Index price has broken the ATH, but not moved much points, again falls below the range only..
NIFTY--Which is Support Trendline or Neckline??Observations::
If both failed price clears the 2gaps below.
The Nifty index price is showing some bearish pressure in the previous ATH Resistance zone.
If this fall continue towards downside or will break ATH.
so if we see the below picture, price is forming a Head and Shoulders pattern, is this a sign of reversal.
ok if it is a reversal, we have 2 bullish gaps left @18680 level and 18600 level.
price has to respect these two gaps if any one of these gap gives support strongly, price will break ATH,
if this showing buying pressure and not able to go up side....
sellers are aggressively take the price to below 18600 levels.
If we see we have a trendline support as well,
if price failed to break 18800 level after taking the trendline support.
Breaks the trendline then enter for short after a retest is done to trendline.
if no retest is observed then wait it will again comes back to the same range.
Keep watch these levels...18720-18740 range if break, it will finish the gap on bottom side.
if price opens below this also look for sell on retest to this zone.
NIFTY 50 BEARISH MOMENTUM STARTED AS PREDICTED YESTERDAYI posted yesterday about a possible bearish trend shift is taking place in NIFTY as it was testing its weekly and and daily resistance ( LINK MENTIONED) . Now as we can see it has made a liquidity grab above the resistance and started its bearish move . Those who were in sells yesterday were in profits as of now. Those who want to enter in shorts can also join the ride now at 18775 area with 3 possible Take profit areas
TP 1: 18721
TP 2: 18635
TP 3: 18556
SL: 18810
use proper money management and this analysis is for educational purpose only and not a financial advise.
nifty possible go down side from tomorrowAs we can see on the chart, the nifty has taken a lot of supports on one trendline and is almost about to break, and as we can see in today's market, bullish people entered and took the market as low as possible, so if they maintain this downside trend, the market will fall starting tomorrow(16/6).
NIFTY Analysis??observations::
Price closed @ Supply zone.
previously A strong fall is observed from this place...
In this zone price is again showing consolidation and moved up.
If it is a Accumalation + Manipulation = Only Dstribution is left.
if tomorrow price falls below the demand zone, then will go for sell on retracement to below levels.
NIFTY 50 all set to fallNIFTY 50 is currently trading around 18727 and has reached at major Daily and Weekly resistance area and current price action doesn't show any signs that it break break the resistance so my idea is it will be bearish during this week. Below is the possible sell opportunity
Sell around 18727
STOP LOSS: 18803
TAKE PROFIT 1: 18559
TAKE PROFIT 2: 18383
use proper money management and this analysis is for educational purpose only and not a financial advise.
nifty possible go down side from tomorrowI did an analysis on the 5 minute chart frame and its falg and road pattern, and nifty also gave a retest, therefore according to my analysis, nifty will open gap down on June 15th.
The information and publication are not meant to be,and do not constitute,finacial,investment,trading, or other types of advice or recommendations supplied or endorsed by tradingview.
Nifty Trade Setup (13-June-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Head & Shoulder pattern on higher time frame of Nifty. If nifty respects this pattern then we can expect good move downward.
On Upside Resistance is at : 18660,18777.
On Downside support is at : 18550,18500, (If market respects pattern then 18400 last support.
From last week all indices are range bound and not good for directional trades setups.
For Trade Setup today:
1.) Will buy if break and sustain above 18660 for target of 18720, 18750.
2.) If price breaks down and sustains below 18550 ( Neckline of Head & Shoulders pattern ) then will short for target of 18502, 18460.
No trades if gaps and if there is no clear movement or there are overlapping candles.
Nifty Trade Setup (12-06-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Trade setup for tomorrow:
1.) If opens flat and takes support at trendline then will buy for target of PDH. If it breaks trend line and 1st support then will short for target of next supports ( 18470, 18450)
2.) If gap up or down then will trade only after clear setup. look for support or PDH/PDL as resistance and once good setup is formed i will trade.
Nifty Trade Setup (09-June-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Today Nifty gave good setups wasn't able to pre analyze due to work and missed good trade after many days of range bound and gaps. :)
Trade Setup for tomorrow:
1.) If opens flat and took support near trendline and 18580 will look for buy for target of 18700, 18726 and PDH. . if doesn't hold 18580 support will look for shorting for next support place.
2.) If gaps i will wait for good setups to form.
Nifty Trade Setup (05-June2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
For tomorrow's Setup:
1.) If opens flat in descending triangle and breaks the triangle on upside then will buy for target of Resistance levels 1st at 18574, then 18616.
2.) If opens flat in descending triangle and breaks the triangle on downside and also breaks trendline support then will short for target of Support level of 18419.
3.) If there are any gaps up or down then will look for Resistance or Support and will trade accordingly or only after formation of price action.
NIFTY--Turned to be Bullish Again??Observations::
Price is exactly closed near the Previous Strong Resistance,
If this acts as support will observe bullishness towards 18600,18700 levels.
If price breaks 18700 levels, it may touch ATH as well...will see this later, it will touch or not.
Until Keep watch these levels.
We have a demand zone @18200,which is a strong demand may acts as support again.
NIFTY ANALYSIS FOR MONDAY 5TH JUNE-FOR EDUCATION PURPOSE NIFTY:-NIFTY ANALYSIS FOR MONDAY 5TH JUNE-FOR EDUCATION PURPOSE
NIFTY:-
Monthly target:-
If Nifty sustain the level of 18750 in one or two week ,19000 level can be achieved.
If Nifty break down 18500 spend time below it and 18350.
WEEKLY TARGET:-
If Nifty sustain the level of 18550 BREAK 18600-18625-18650-18700 level can be achieved.
If Nifty break down 18550 and break 18500 spend time below then 18450-18425-18400.
DAILY TARGET:-
If Nifty sustain the level of 18500 THEN 18550-18575-18600 level can be achieved.
If Nifty break down 18500 and break 18475 then 18450-18425-18400.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
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NIFTY:-
Monthly target:-
If Nifty sustain the level of 18750 in one or two week ,19000 level can be achieved.
If Nifty break down 18500 spend time below it and 18350.
WEEKLY TARGET:-
If Nifty sustain the level of 18550 BREAK 18600-18625-18650-18700 level can be achieved.
If Nifty break down 18550 and break 18500 spend time below then 18450-18425-18400.
DAILY TARGET:-
If Nifty sustain the level of 18500 THEN 18550-18575-18600 level can be achieved.
If Nifty break down 18500 and break 18475 then 18450-18425-18400.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#FridayMarketPrediction
#nifty50
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#5th june nifty
#5th june banknifty
#5th june marketanalysis
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
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#niftyweeklyexpiry
NIFTY TRADE SETUP 02 JUNE FRIDAYBuy Above 18530 (WITH SMALL QUANTITY)
For Large Move Buy Above 18580 (WITH FULL QUANTITY)
For Large Move Sell Below 18460 (WITH FULL QUANTITY)
RESISTANCES AT UPPER LEVEL
R1 : 18625
R2 : 18677
R3 : 18733
SUPPORTS AT DOWN LEVEL
S1 : 18455
S2 : 18399
S3 : 18355
S4 : 18320
NIFTY TRADE SETUP 01 JUNE THURSDAY
Date : 01 JUNE 2023
Buy Above 18620 (WITH SMALL QUANTITY)
For Large Move Buy Above 18660 (WITH FULL QUANTITY)
Sell Below 18475
RESISTANCES AT UPPER LEVEL
R1 : 18720
Khulaa Asmaan....no level as such All Time High so....
SUPPORTS AT DOWN LEVEL
S1 : 18420
S2 : 18350
S3 : 18300
Nifty Expiry Day Trade Setup (01-June-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Today with gap down nifty fall further for 90 points and gave nice setups. I traded Bank Nifty as at time of trade Bank nifty provided better setup. For last two days with gap up opening nifty was rangebound and today it falls as posted in yesterday that if gap down there might be gap filling which it did today and took support exactly near gap.
Today nifty gave range of 90 points from resistance to support. For tomorrow expiry day setup:
1.) If opens flat will look for price to take support near Today's low 18480 if it takes support will buy for target of todays high or resistance of 18580. If breaks below 18480 then will short for target of 18425, then next support 18380.
2.) If opens gap up then wait for price action to form.
3.) If opens gap down then will also wait for price action to form. will look for nearby support or resistance level.
As tomorrow's expiry day premiums will erode also might me range bound in today's 90 points if it's range bound then will try to trade within range if good setup is formed.
Hit like to keep me motivated for keeping my trading journal as it only take less then few seconds to hit like but it gives me motivation for preparing for my session. Also one can comment on how I can make this trade journal better any improvements I need in it :) .






















