Nifty will be gap up opening in today's session. After opening nifty sustain above 21260 level and then possible upside rally up to 21380 level in today's session. in case nifty trades below 21220 level then the downside target can go up to the 21100 level.
Strong Resistance zone of 21607 to 21857 sends Nifty in a downward spiral and makes it topple towards 50 days EMA(Mother Line). This has lead to frantic fall in RSI of Nifty. On 15th January the Rsi of Nifty was 73.88 today it is 44.88. Still little bit of cool down in RSI can not be ruled out. The immediate support for Nifty is near 21218. This is a weak support...
Nifty broken the major trendline In the previous sessions price is retested the same trendline and showing Bearishness from the supply zone.On bottom side strong demand zones lies at 20800 levels. If this trendline acts as resistance we will observe a continuous Bearishness in nifty upto 20800 levels. If we observe consolidation between 21700-21300, will expect a...
Monday intraday<> Mild gap up or flat opening will be good to go longs and resistance should hit first before it takes support once again. Huge gap down will be neglected the view. IMPORTANT-20300-20500 gap will fill before budget or after the budget it may fill depending on financial news. >Just follow the trend you will never be in loss. >Don't predict before...
50 hours EMA (Mother line)(Those who know my Mother/Father/Small Child story can understand it very well) was a very important resistance to be crossed and held today but Nifty could not hold on to it after crossing it once. In addition to the 50 EMA there was also Mid-Channel resistance. which could not be crossed. Additionally there is a trend line resistnace,...
After a strong fall, expecting some retracement in nifty. on topside supply zone is identified at 21650-21700 levels. so liquidity is lies above and below this levels, after testing these levels again have a chance of fallback to test the demand zones at 21300 levels and at 20800 levels. If 21300 level fails to push it upside, quick drop and rise will see in...
Right now Nifty seems to be trapped between strong support and strong resistance. The support zone is 21415 to 21581. Resistance zone is 21670 to 21847. Nifty needs little bit of consolidation in the range. Results from various companies will drive the nifty forward in either direction. The interim budget is also around the corner that can also be a guiding light...
Nifty trying to form a bottom after taking channel bottom support. Nity touched the bottom of our hourly channel and trying to consolidate in the zone. Major support for Nifty from here will be 21405 (200 Hours EMA) (Father Line) and Channel bottom 21285. If 21285 is broken Nifty may fall further till 21089 or even 20967. On the way up major resistances that Nifty...
KINDLY DRAW THE LINES IN YOUR TRADING VIEW CHART Draw And Watch My Startegy Bank Nifty - Break Even Point : 45779.1 ADD +/- : 120 Points Nifty 50 - Break Even Point : 21581.4 Add +/- : 27 Points Fin Nifty - Brek Even Point : 20537 Add +/- : 37 Points By Market1Tomorrow
Nifty will be gap down opening in today's session. After opening nifty start trading below 22000 level and then possible downside rally up to 21880 in today's session. in case nifty trades above 22050 level then the upside target can go up to the 22170 level.
NIFTY now in range bound levels,based on breakout will decide the next trend based on daily candle closing basis
Blockbuster rally makes it a festive Makar Sankranti, Uttarayan, Bihu, Lohri and Pongal for investors but how far can this rally stretch is the question? I will try to answer the question based on Technical analysis. On the onset let me tell you that predicting exact top and exact bottom in a short term is a very difficult task but The candle today has opened...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21930 level and then possible upside rally up to 22050 level in today's session. in case nifty trades below 21880 level then the downside target can go up to the 21760 level.
Nifty is trending higher and higher... Closing is given above the ATH again, If this is a breakout, in the next session it will continue its momentum higher again. If it is a fakeout,buyers trapped in today's bullish move. If a retest to the previous ATH Is given,and continues, go long, otherwise keep in short side, below the channel again.
Now price enters in consolidation zone. It will continue to move upside or reversal may happens from here. tomorrows price action is important for clear direction. keep safe from here.
Nifty will be gap up opening in today's session. After opening nifty sustain above 21680 level and then possible upside rally up to 21800 level in today's session. in case nifty trades below 21640 level then the downside target can go up to the 21520 level.
Nifty 1hr chart nifty forming like Ascending Triangle Pattern nifty if will be go upside only one condition it have to break trendline firstly then it will be sustain on 21755 with good green candle..
Nifty will be gap up opening in today's session. After opening nifty sustain above 21650 level and then possible upside rally up to 21770 level in today's session. in case nifty trades below 21600 level then the downside target can go up to the 21480 level.