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...
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 index, After breaking a trendline failed to move upside.... Now after 3 successive gap ups price tested the support again and showing us strong bullish in action. multiple times price taken the reversal from 19500 levels... this level is failed to take the price downside... If this strong bullish momentum will clears an obstacle to reach the bearish gap...
To end the week we got a very good candle so close of the week was good but we are not yet out of trouble till we get a weekly closing above 19600. Resistance on the upper side are 19591 to 19600 zone, 19811 and 19991. The channel top seems to be at 21118. Supports on the lower side for Nifty are at 19226, 19024, 18905, 18629 and 18129 on the lower most side....
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 index, 3 continuous bullish gaps indicating bullishness... Gap up opening and filling the gap and again gap up opening ... this happens in the last 3 successive sessions.... In higher time frame price action is still bearish, After a strong break above the 19500 levels... a strong fall is observed up to 19300 levels... the liquidity grab on bottom...
Nifty delicately placed at Mid-Channel line support. Nifty closed below very important 50 days EMA support or the Mother line. 19196 to 19243 is the next support zone. Closing below 19196 will open the floodgates for bears and the next support level will be near 19024. Below 19024 the support zone will be between 18456 and 18861. So the negativity for Nifty looks...
Nifty daily chart as per ICT prospective: For swing trading prospective Nifty is in downtrend on daily chart and will face tough resistance in the zone of 19550 till 19900. Hence while Nifty is in 19550-19900 expect consolidation and bias towards down. The long term trend would turn positive ONLY above 19900. Till that time it is sell on rise.
Nifty 50 Intraday levels valid for August 31st 2023. Levels Works Perfect on 5 Min Timeframe, All The Best. Follow these levels strictly on 5 min TF. Buy Above 19375 & Sell Below 19338.
After a strong bullish gap...price reversed and entire day is trading in a bullish channel... at the end of the session broken the channel and retested... It has broken the trendline as well... so tomorrow opening is very important for us...to be bullish or bearish... If opens down and continue will enter short side on retracement... or opens down and unable to...
Key level of resistance, (broken trendline and retested candle)... if the index further wants to fall again this has to push the downside... so keep an eye at this level... It may again have a chance of test the above level of resistance... keep look at these 2 levels... After a breakdown price is giving us some retracement...look for sell in this area... if...
Nifty's unsuccessfully attempts to break free for down trend was successful in breaking one down trend but the next trend line and resistance near 19584 was too tough for it to conquer. As Nifty was unsuccessful in breaking the trend bears capitalized and brought the nifty below both 50 and 200 hours EMA. Now Nifty rests on delicate support of 19365. This is a...
After a strong fall from the 19500 range price is again retraced back. If we want to go for short wait until price breaks the trendline and retest.... until don't go for short side... A fake breakout may also happens at 19500 levels...keep safe. keep observe this line...
Nifty Intraday levels valid for August 24th 2023. Levels Works Perfect on 5 Min Timeframe, All The Best. Follow these levels strictly on 5 min TF.