Nifty important levels and trade plan for tomorrow, Wednesday, 18th October
Hello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A gap up opening if Banknifty sustains Above 44200 and takes Support from 44200 then open target for T1-44300, T2-44400,T3-44600 If the Banknifty gap up opening sustains Below 44200 and takes resistance below 44200 then the open Targets for T1-44000,...
Nifty has shown good bounce after a heavy sell off. However, it has now taken resistance at 0.618 levels of 19,840. With results season kicking in, and another lukewarm IT season looming, Nifty seems to take a pause. With rising uncertainty in the Middle East and FOMC's strong hawkish stance (FOMC minutes will be out tonight), the index is likely to stay...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
As per out last analysis nifty has breakout that falling wedge pattern. yesterday as it was expiry it was range bound in the range 19780-19830. today's momentum will decide which side nifty is going to move. so we have to keep our bias neutral. Reason : Sideways range bound moment whole day yesterday. (Neutral) nifty has given the breakout of falling wedge....
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
Nifty will be gap up opening in today's session. After opening nifty sustain above 19830 level and then possible upside rally up to 19950 in today's session. in case nifty trades below 19790 level then the downside target can go up to the 19670 level.
Hello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A gap up opening if nifty sustains Above 19800 and takes Support from 19800 then open target for T1-19840, T2-19860,T3-19900 If the nifty gap up opening sustains Below 19800 and takes resistance below 19800 then the open Targets for T1-19760,...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
Nifty 50 now forming head and shoulder, valid after the breakout area mentioned in chart, once broken and close above the level , target will 20000 and 20197
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure...
As we discussed in our last analysis that it returned back to channel it will be bullish and it gave 2 days back to back bullish momentum. But now we can see its on confusing if it's a breakout or still in the pattern. once its out of the pattern it will be going bullish. by looking at the chart market seems to be sideways for tomorrow. Reasons: Inverted...
NIFTY 50 INDEX Key highlights: 💡⚡ ✅On 15 Minutes Time Frame Stock Showing Breakout of Head & Shoulder Pattern. ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 19815+. ✅Can Go Long in this stock by placing a stop loss below 19500-.
Nifty will be gap up opening in today's session. After opening nifty sustain above 19580 level and then possible upside rally up to 19700 in today's session. in case nifty trades below 19530 level then the downside target can go up to the 19410 level.
As Expected ( Please refer to the linked post) Nifty opens with an up gap at 19521, which is near immediate resistance i.e. 19544-19550. Since it was a gap-up opening of approximately 100 points and near resistance, creating new long positions immediately makes no sense. Why was I expecting a Gap-up opening today? 1. Prices bounced twice from the support area...
NIFTY yesterday was total bearish but in 2nd half Bulls came and took charge and all market reversed back in bullishness. as PCR = 0.85 (Bullish) and also market is back into pattern. so its assumed that bulls will be taking control of today's moment. Reason : Chart is back in the pattern will full yesterday 2nd half bullish. PCR is 0.85 (Bullish) MAX...
Nifty will be gap up opening in today's session. After opening nifty sustain above 19460 level and then possible upside rally up to 19580 in today's session. in case nifty trades below 19430 level then the downside target can go up to the 19310 level.