14 SEP ANALYSIS: Daily analysis: PS-Position size Nifty opens: side: if it gives breakout buy(50) gapup: see further price-action gapdown: no trade big gapdown: sell on breakdown Banknifty side: if it gives breakout buy(50) gapup: see further price-action gapdown: no trade big gapdown: sell on breakdown
There was a mayhem in the market as Small and Mid-cap indices faced heat today after flying high for last few weeks. Nifty ended 3 points in the negative but the story of the day was being written elsewhere. Heavy selling and Profit booking was seen in Small and Mid cap indices. Support for Nifty will be around 19911, 19720 and 19516. Nifty turns negative if we...
The price has recently broken its all-time high (ATH) with strong momentum. Following a significant upward surge, it found support at the previous resistance level and continued its upward trajectory. However, today, it failed to break the recent high. The outcome of tomorrow's trading session will be crucial for NIFTY's ability to maintain its position...
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...
Nifty made a new high today and crossed 20K for the first time making a high of 20008.15 however Nifty could not sustain the levels and closed below 20000 at 19996.35. Point number 1 is Closing above 20008.15 is important now to grow further. Second point it RSI in the hourly chart indicates that the index is overbought. On daily charts the indicates that there is...
After the break of trendline,the Index is continue its momentum towards high... If this rally continues to move upside, we are still pending with some more momentum left, will soon this will touch 20600 levels. Price broken the Bench mark of 20000 level today, but failed to close above the 20K.
The price has exhibited significant bullish momentum starting from the 19,200 levels. However, before attempting to challenge the bearish gap left at the all-time high (ATH), it's likely to experience retracements towards previous resistance levels. Should these resistance levels fail to sustain upward pressure, a notable bearish reversal could...
A strong bullish candle post Bullish Kicker Candle sticks reflect the reversal Key level: Support: 19230 - 19300 Resistance: 19900-20000
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 typically...
Bullish Breakout faces one major and steep resistance near 19736. If this resistance is crossed pathway towards 20K clears again. With resistances remaining at 19811, 19866, 19991 and finally 20019. Supports for Nifty on the lower side remains at 19674, 19590, 19514 and 19445. Things are looking good right now but these hurdles mentioned above need to be crossed.
I am sharing the important levels of support and Resistance, based on my personal view. If want to take the trade if any 15-minute candle closes above these levels enter in trade. these levels act as strong levels of support and resistance. Follow for more.
Nifty is looking Bullish but approaching a major resistance zone. The zone between 19637 and 19680 is a strong resistance for Nifty. Once we get a closing above 19680 the channel towards 19764, 19811, 19866 and previous high of Nifty 19991 and new high will open up. Until then the supports for Nifty will be 19585 (Not a strong support) and 19492. The zone between...
Price is exactly closed in the previous strong fall area. At the end of the session, the price is showing strong bullishness. In this bullishness, if buyers exit their positions at this zone...tomorrow it is bearish, continue its move downside. If this is a bull's continuous move, it will continue upwards and test the bearish gap. will see in the next session what happens.
Next 3 resistances very critical for Nifty to reach 20K levels. These resistances are at 19585, 19646 and finally 19680. Crossing these zones will trigger further euphoria in Nifty and we may see it go towards 19764 and it may even the previous highs. however lot of indices like small and Mid cap are nearing or already reached the overbought zones so investors...
Price is trending upwards from 19250 levels.. we have a bearish gap left at 19650 levels... that bearish gap may again acts as resistance... on bottom side we have liquidity @19400 levels.One more strong resistance at 19750 levels, at 19650 levels wait if turned to be bearish ...if no bearishness price will touch the 19750, keep in bullish side from 19400 levels.
I am sharing the important levels of support and Resistance, based on my personal view. If want to take the trade if any 15-minute candle closes above these levels enter in trade. these levels act as strong levels of support and resistance. Follow for more.
Nifty gave very good closing above a trend line which was blocking Nifty since it made the new high. Now sustaining above 19492 will be very important. If Nifty sustains the level the next targets for Nifty will be 19545, 19588, 19646, 19680 and above. Supports on the lower side are 19492, 19455, 19410 and finally 19395.
If price consolidates at 19500-19600 range, price have chances of breaking upside... It will manipulate us and again moving upside.. clears the bearish gap left @19750 levels...be careful before short...