BUY ABOVE - 22230 SL - 22190 TARGETS - 22270,22300,22350 SELL BELOW - 22190 SL - 22230 TARGETS - 22160,22120,22070 NO TRADE ZONE - 22190 to 22230 Previous Day High - 22300 Previous Day Low - 22160 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...
BUY ABOVE - 22130 SL - 22070 TARGETS - 22180,22240,22300 SELL BELOW - 22070 SL - 22130 TARGETS - 22020,21960,21900 NO TRADE ZONE - 22070 to 22130 Previous Day High - 22130 Previous Day Low - 21820 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...
Hello Traders, Since April 28th, my last analysis, the NIFTY50 has dropped almost 400 points to close at 22055 on Friday, May 10th! This was in line with my expectations and analysis! The intraday low was ~100 points lower. I left my forecast arrow unchanged, so you will be watching my work! What can we expect from the index next week? Overall to say, the index is...
BUY ABOVE - 22070 SL - 22020 TARGETS - 22120,22180,22240 SELL BELOW - 22020 SL - 22070 TARGETS - 21960,21900,21850 NO TRADE ZONE - 22020 to 22070 Previous Day High - 22120 Previous Day Low - 21960 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...
This trading plan outlines potential entry and exit points for NIFTY based on different opening scenarios on May 16th, 2024. Remember, this is for informational purposes only and should not be considered financial advice. Opening Scenarios: 1. Gap Up Opening Above 22,300 Long Entry: If the price sustains above 22,310, consider a long trade with a stop-loss...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Hello, TradingView community! Today, we're diving into a detailed technical analysis of the NSE:NIFTY index, which has shown some interesting movements lately. We'll break down the technical signals, look at the potential implications, and discuss what to watch out for in the coming days. 🔍 Overview of Recent Trends The NIFTY 50 has been following a...
BUY ABOVE - 22420 SL - 22350 TARGETS - 22470,22510,22550 SELL BELOW - 22350 SL - 22300 TARGETS - 22300,22230,22160 NO TRADE ZONE - 22350 to 22420 Previous Day High - 22420 Previous Day Low - 22060 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...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Today, we saw a substantial fall in the Nifty. The nifty has been weak in the recent past and the weakness was pronounced this week. The Nifty has been moving in an upward inclined channel for almost six months. And recently, we saw a double top formation. Now the Nifty is approaching the baseline of the double top formation which is around 21710. Now the nifty...
BUY ABOVE - 22300 SL - 22220 TARGETS - 22350,22420,22470 SELL BELOW - 22180 SL - 22220 TARGETS - 22130,22070,22020 NO TRADE ZONE - 22180 to 22270 Previous Day High - 22270 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 has broken down the channel and can go to much lower levels. But I will wait for the support near 21750 as shown in the chart plan. A breakdown will give target till 21000 and bounce will give target of 22400. I will not take a trade at any other point and will avoid taking trade if nifty does not work as per my plan. No rush to trade whether nifty suddenly...
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.
*Major Levels only* If NIFTY sustain above 22310 then 22342 then 22377 to 22393 above this bullish, then 22572 to 22604 then 22649 to 22666 above this more bullish If NIFTY sustain below 22121 or 22105 then 22081 to 22049 below this bearish then 21849 to 21832 then 21819 to 21787 below this more bearish Consider some buffer points in above levels. Please do...
Analysis of Potential Opening Scenarios: Gap Up Opening: If NIFTY opens with a gap above 22300 and maintains itself above 22305 for the first hour, it may continue to rise towards the target level of 22436. However, failing to sustain above 22305 and dropping below 22280 could lead to a retracement rally towards 22170 – 22148. Support might be found around...