As it was expected and depicted in our message yesterday Nifty took support at the trendline+200 EMA support making a low of 21860 and closing at 21982 making a high of 22060. We had mentioned as 22053 as resistance in case of bounce. The resistance of Mother line, 50 EMA forced the Nifty down again.(As shown in the encircled portion in the chart). This is how...
BUY ABOVE - 22060 SL - 22020 TARGETS -22120,22170,22230 SELL BELOW - 22940 SL - 21990 TARGETS - 21890,21850,21800 NO TRADE ZONE - 21940 to 22060 Previous Day High - 22230 Previous Day Low - 21940 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Nifty will be gap down opening in today's session. After opening nifty start trading below 21900 level and then possible downside rally up to 21780 in today's session. in case nifty trades above 21950 level then the upside target can go up to the 22070 level.
Bosch breakout after 9 years with good volume , two possible scenarios as expalined on the chart moreover look for the bullish scenario . Please hit like if you liked my ideas.
Nifty index is still in consolidation zone... We have a chance of drop base drop.Keep in long side as long as price is in channel. even though it is drop base drop we have to wait for clear short side confirmation,wait until the price breaks the trendline and retest for shortside.. we have a lot of liquidity lies below,we can enter long again on bottom side if we...
BUY ABOVE - 22210 SL - 22170 TARGETS -22250,22300,22350 SELL BELOW - 22170 SL - 22210 TARGETS - 22120,22070,22020 NO TRADE ZONE - 22170 to 22210 Previous Day High - 22210 Previous Day Low - 22070 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Nifty will be gap up opening in today's session. After opening nifty sustain above 22210 level and then possible upside rally up to 22330 level in today's session. in case nifty trades below 22170 level then the downside target can go up to the 22050 level.
Today again we saw benevolence of Mother line (50 hours EMA) coming to fore and supporting Nifty giving it support to close well in the green. If Nifty can close above a strong resistance of 22218 there are good chances of Nifty again reaching previous high of 22295 or even cross it and go towards new high of 22364. Supports for Nifty remain at 22110 and 22105...
Following a contracting triangle breakout today, NIFTY zoomed up with a fair amount of pull backs which denote more than just a regular retracement. Over a larger time frame, one can observe NIFTY ultimately forming lower highs since it made the last all time high. Today, near the closing bell NIFTY made a double top and slipped down from what one would consider a...
I am sharing the important levels of Support and Resistance. These levels plays 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...
BUY ABOVE - 22170 SL - 22120 TARGETS -22210,22250,22300 SELL BELOW - 22120 SL - 22170 TARGETS - 22070,22020,21960 NO TRADE ZONE - 22120 to 22170 Previous Day High - 22210 Previous Day Low - 22070 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Nifty will be gap down opening in today's session. After opening nifty start trading below 22090 level and then possible downside rally up to 21970 in today's session. in case nifty trades above 22130 level then the upside target can go up to the 22250 level.
50 Hours EMA Support came into action and saved the day for Nifty today. Usually 50 Hour EMA should be a good support for Nifty but if we get a closing below the same today we can see further fall which may lead the Nifty to next support levels of 21970 or 21885. 21835 is the next major support for Nifty as it is a 200 Hours EMA. If Nifty recovers from the 50 EMA...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Hello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 46500 and takes Support from 46500 then open target for T1-46700, T2-46800,T3-47000 If the Banknifty gap down opening sustains Below 46400 and takes resistance below 46400 then the open Targets for T1-46300,...
BUY ABOVE - 22250 SL - 22210 TARGETS -22300,22350,22400 SELL BELOW - 22170 SL - 22210 TARGETS - 22120,22070,22020 NO TRADE ZONE - 22170 to 22250 Previous Day High - 22300 Previous Day Low - 22170 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Nifty will be gap down opening in today's session. After opening nifty start trading below 22180 level and then possible downside rally up to 22060 in today's session. in case nifty trades above 22220 level then the upside target can go up to the 22340 level.
Hello Traders, Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 26th!, There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area And We Have 2 Imbalance Zones! The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular...