Nifty Looking Strong and rampaging ahead.Nifty is touch wood crossing resistance after resistance and rampaging ahead as if these resistances where mere matter of small hurdles to cross. The next major resistance for Nifty is just around the corner at 19831 which it might again try to cover by opening gap up tomorrow. If not gap up it will take some doing to cross 19831 and 19994. As they are strong resistances. Support for Spot Nifty on the lower side remain at 19722 and 19572.
Nifty50
NIFTY ANALYSIS FOR 12TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 12TH OCT 2023-FOR EDUCATION PURPOSE
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 registered advisor.
@vijayanjum
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Great Come back by Nifty in the background of Middle-East CrisisNifty made an immense come back to post the knee-jerk reaction to the crisis brewing in the Middle East. A follow up candle tomorrow to confirm the grip of bulls will be required however for the bull run to continue. The resistances on the upper side for spot Nifty will be at 19721, 19817 and 19894. Supports for Nifty on the lower side will be at 19474 (Strong Mid-channel support) and 19333.
NIFTY ANALYSIS FOR 11th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 11th OCT 2023-FOR EDUCATION PURPOSE
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 registered advisor.
@vijayanjum
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City Union Bank Triple Bottom Pattern.CUB has consistently held support levels around Rs. 120, forming a Triple Bottom Pattern on the Daily Chart. Additionally, it has broken through the downward resistance. A potential upside can be observed if the price remains above the demand zone. The targets are indicated on the charts, and the stop loss can be set according to your risk appetite.
Please give a boost and comment if you find the analysis helpful and consider following for more. Any Request, suggestions or advice are warmly welcomed.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
NIFTY ANALYSIS FOR 9TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 9TH OCT 2023-FOR EDUCATION PURPOSE
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 registered advisor.
@vijayanjum
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Green Candle required after Hammer like structure formed todayA Green follow-up Candle required after Hammer like structure formed today to confirm a bottom and restart of up move. Major resistances on the up side now (If we get good couple of candles in next 2 days), will be at 19479, 19555 (Major resistance), 19657 and 19777. Supports for Nifty are at 19326 and 19218.
Descending Triangle Pattern Reversal in NAUKRIINFO EDGE
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Triangle Pattern.
📊 It can give movement upto the Reversal target of Above 4332+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 5083+.
📊 Can Go Long in this stock by placing stop loss below 3933- or last swing Low.
Will bull be able to hold NIFTY today?NIFTY yesterday was total bearish but in 2nd half Bulls came and took charge and all market reversed back in bullishness.
as PCR = 0.85 (Bullish) and also market is back into pattern. so its assumed that bulls will be taking control of today's moment.
Reason :
Chart is back in the pattern will full yesterday 2nd half bullish.
PCR is 0.85 (Bullish)
MAX pain: 19350 and 19500
RSI is still in 40-60 means continiously increasing means bulls have power.
Verdict :
Bullishness is expected
Plan of action:
Observe 15 min Candle if bullish
Sell 19350 PE
NIFTY ANALYSIS FOR 5th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 5th OCT 2023-FOR EDUCATION PURPOSE
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 registered advisor.
@vijayanjum
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NIFTY ANALYSIS FOR 4th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 4th OCT 2023-FOR EDUCATION PURPOSE
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 registered advisor.
@vijayanjum
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Nifty took support at the trendline todayImmense massive selling pressure across sectors Nifty took support at the trendline 19479. holding this level is the key now to progress. If in the coming week this support is broken we may see support near 19227 or 18905. Closing below 19560 (50 days EMA) is a bad sign. Let us see if Nifty recovers tomorrow from the trend line support. In case of recovery further resistances will be at 19560, 19657 and 19777.
Nifty can bounce from Support. Nifty can bounce from Support if it can sustain above the levels of Friday high. That is 19799 tomorrow or in the coming week. In this case the resistances on the upper side will be 19921, 19991, 20038 and finally 20176. Supports for Nifty on the lower side remain at 19502 and 19208 on the daily chart. The momentum it gained on Friday should continue on Tuesday otherwise the Nifty will remain side ways for a few days. Crossing and closing above 19799 levels is crucial for fresh leg of rally to start in Nifty .
Nifty 50: October week 1 Weekly Market SetupWeekly Review
Nifty 50 declined by 0.18% last week to close at 19,638. The major meltdown was seen on last Thursday (weekly expiry) where the index lost close to 200 points where it touched its key support around 19,495 as per our expectations too. While broadly market is now showing mixed sentiments and is largely looking to be a stock specific trading only.
Week Ahead:,
On Daily charts, technical indicators shows bulls giving a good fght to pick up pace for what all the gains were lost in previous few weeks. Momentum is starting to build u but higher levels at 19,740-795 remains key hurdle to continue the larger rally. On the lower side 19495, 19438 and 19376 are important support to hold on.
From levels perspective, I believe it has been quite a downfall and we should see some uptick or a sideway markets now but to say further the outlook would completely depend on how Q2 numbers starts rolling out and what holds post RBI’s MPC meeting results.
*Disclaimer*: I am not SEBI registered analyst and hence the above market outlook is for only educational study and research purposes only. In no way do I endorse this opinion to take a trade or for any investments in markets in any form by any Participant. Be a responsible investor with proper risk management and keep learning as a true focus.
Market is indecisive but bias seems to be positive to neutral.Market is indecisive but bias seems to be positive to neutral. If the support near 19483 will be broken the Nifty can further fall towards 19227, 18905 or 18531 levels. Resistances on the upper side for Nifty remain at 19795 and 20000. Nifty took a support on Friday at the trendline and bounced handsomely above 19600 which is a good sign. Now sustaining above the same will be the key for regaining 20,000+ levels. The chances for Nifty remaining side-ways are also there for the coming week.
NIFTY ANALYSIS FOR 3RD OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 3RD OCT 2023-FOR EDUCATION PURPOSE
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 registered advisor.
@vijayanjum
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Bearish Engulfing in Nifty Today.Bearish engulfing candle seen today which is not a good sign. If we get a negative confirmation candle tomorrow to end the week we will see further weakness. The support and resistances on upper and lower side are as under:
Nifty Supports: 19245, 19042, 18890 and finally 18688.
Nifty Resistance: 19775, 19887, 20K+.
Swing Trading Opportunity in NIFTY | YT Ravi's Trading DeskRefer the chart for Entry,Target and SL.
NIFTY Breakout on 30min/hourly/Daily Timeframe also Closed above 200EMA on a Hourly Timeframe which is a bullish Sign.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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NIFTY INTRADAY LEVELS FOR 28/09/2023BUY ABOVE - 19730
SL - 19700
TARGETS - 19790,19850,19900
SELL BELOW - 19680
SL - 19710
TARGETS - 19640,19600,19560
NO TRADE ZONE - 19680 to 19730
Previous Day High - 19730
Previous Day Low - 19560
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
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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 support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
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