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 43600 and takes Support from 43700 then may be fill the gap. open target for T1-43900, T2-44000,T3-44200 If the Banknifty gap up opening sustains Below 43500 and takes resistance below 43500 then the open Targets...
Nifty is facing trendline resistance zone between 19830 and 19875. Nifty today made a high of 19829 and closed blow 19800 at 19783. Looks like tomorrow again Nifty will try to close above the 19875. If it does we can see further rally till 19992 and 20100+ levels. However crossing this hurdle is little tough. It can become easy if Nifty opens gap up above the...
Nifty right now is in a zone where it has multiple supports taking any of which it can start climbing again. The major support zone from the current level is 19667 to 19584. Below 19584 the major support for Nifty will be 50 days EMA (Mother Line) near 19487. Resistances on the upper side for spot nifty are near 19766, 19810, 19873 and 19992. Above 19992 Nifty can...
Nifty is trying to look for proper support to launch from and over come some important critical resistances. There are multiple supports for Nifty in the range of 19582 to 19667 Nifty can take support from any of these places and lunge forward. While going forward the resistances that Nifty might face are 19785, 19819 and 19873.
Nifty will be gap down opening in today's session. After opening nifty start trading below 19720 level and then possible downside rally up to 19600 in today's session. in case nifty trades above 19770 level then the upside target can go up to the 19890 level.
Nifty future and banknifty future analysis and intraday plan. 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
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 Analysis from COVID-19 Lows: Primary Wave (1): Think of this like a big upward movement on a rollercoaster that started on March 23, 2020, when the Nifty 50 index was at 7511.10. It reached a high point on April 27, 2020, at 9889.05. Wave (2): After the first exciting ride, there was a dip. This dip ended on May 18, 2020, with the index at...
Nifty will be gap down opening in today's session. After opening nifty start trading below 19660 level and then possible downside rally up to 19540 in today's session. in case nifty trades above 19690 level then the upside target can go up to the 19810 level.
It is a perfect breakout as we had predicted yesterday. As we had said you will find Nifty between 19600 and 19700. Nifty today made a high of 19693 and finished strongly at 19675. The next major resistances are at 19693, 19847 and finally 19990 until we are back above 20K levels. The investors should be cautious of 2 things. 1) Rate hike by US Fed in December...
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...
NSE:NIFTY Intraday Levels for 12-Nov-2023 Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception...
Nifty has given a good rally after retesting 18800, and is now approaching overhead resistances. With 50 EMA, 0.618 Level and around 19500, nifty seems to be at a congestion zone where it should consolidate for a couple of days. FED chairman Powell is expected to speak twice this week and should provide with enough triggers for the market to decide the...
price broken the trendline and retested...then gap down or gap up. we have a strong demand zone at 19360level...price may again rise from this level.. previously 19500 is a strong resistance, if price again acts as resistance in this zone will observe a fall up to 19300 and 19200 levels. otherwise price breaks the resistance and have chances of testing the 19600...
As we discussed, a neutral view of NIFTY moved sideways the whole day by gaining +36 points. Right now, NIfty is at a really crucial point where it might go from the 19550 to the upside, where it might face the 4H-TH trendline as resistance. Tomorrow's nifty has expiry, which means it might be sideways with high probability. Expiry is likely to end in...
Nifty formed a Head and shoulder pattern and now in retesting area, new sellers can enter with conservative mind. Target mentioned in chart kindly check it.
As Nifty has been continuously increasing for the past four days, it has been purely seller day. The market is consolidating in a range of 70-80 Points. We have performed Top a top-to-bottom approach where we see a trendline that is marked over the chart. Nifty seems to touch the 19550 levels by this week's expiry. Reason: Price > EMA(13,50,200) (Bullish) ...
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...