If Nifty manages to close above 22650 it will successfully cross the double resistance of a trend line and mid channel resistance. The next targets for Nifty in this case will be 22707, 22775.(Major All time resistance.) If this is also crossed successfully we may see new all time highs of 22887 or 23026 and more. Supports for Nifty are at 22544, 22448 and finally...
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 & this rally can extend another 120 points if market gives breakdown 21860 level in today's session. in case nifty trades Above 22050 level then the upside target can go up to the 22170 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22180 level and then possible upside rally up to 22300 level in today's session. in case nifty trades below 22130 level then the downside target can go up to the 22010 level.
Nifty will be gap down opening in today's session. After opening nifty start trading below 22450 level and then possible downside rally up to 22330 in today's session. in case nifty trades above 22520 level then the upside target can go up to the 22640 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22420 level and then possible upside rally up to 22540 level in today's session. in case nifty trades below 22370 level then the downside target can go up to the 22250 level.
Nifty will be gap down opening in today's session. After opening nifty start trading below 21700 level and then possible downside rally up to 21580 in today's session. in case nifty trades above 21760 level then the upside target can go up to the 21880 level.also possible reversal upside 21580 level.
Daily Chart of Nifty 50 suggests us that Nifty has hit the resistance zone. The zone between 21505 and 21665 is a resistance zone and has multiple resistances. Nifty continues as on date to be overbought. The reason of Nifty not falling is support from FII buying and multiple technical supports between 21352 and 21246. If 21246 is broken Nifty can fall to 21037 or...
As expected Nifty took support from 200 days EMA (Father Line) and jumped 190 points. We are not out of woods yet as the resistance levels in front of us now are 19097, 19366 and 19524 (Major resistance). Supports for Nifty are near 18832 and 18557. Falling below 18557 Nifty can crash further to 18333 levels. It is important for Nifty now to give a confirmation...
Nifty will be gap up opening in today's session. After opening nifty sustain above 18870 level and then possible upside rally up to 19000 in today's session. in case nifty trades below 18840 level then the downside target can go up to the 18720 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 19550 level and then possible upside rally up to 19670 in today's session. in case nifty trades below 19520 level then the downside target can go up to the 19400 level.
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.
NIFTY ANALYSIS FOR 29TH AUGUST 2023 FOR EDUCATIONAL PURPOSE ONLY
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
Nifty will be gap down opening in today's session. After opening nifty start trading below 19430 level and then possible downside rally up to 19310 in today's session. in case nifty trades above 19450 level then the upside target can go up to the 19570 level.
Nifty took support near 18115 and is trying to bounce from there on the way up 18235 to 18270 zone which wich was a great support will prove to be a strong resistance. If that hurdle is crossed Nifty can travel back to 18308, 18346 and 18384 or even 18400+ staging a V-shaped recovery. Before that happens it is important to cross 18235 to 18270 zone.
Supports at...
Nifty 06 Mar 23 to 10 Mar 23 Short ,Medium and Long Term
Nifty 17300 /17200 support provided last week acted very well.
Nifty closed at 17594 ( Prev close 17465 )
Nifty touched a high of 17638 and low of 17273.
RSI, stochastic and MACD are in recovery zone.
Nifty short term - Will be upwards but need to cross the crucial resistance as mentioned below.
Nifty...
Looks like bottom for now may be made or might be around the corner.
Play like Rahul Dravid not like David Warner.
Supports on the downside are 16997, 16890, 16832, 16699 and finally 16425.
Resistances on the up side are 17192, 17289, 17435 and 17589 above it will be 17687 200 hours ema and above it 17749 which is 50 hours EMA.
