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Nifty50_price_targets

will upper circuit on NIFTY 50 ?AS WE SAW IN LAST SOME MONTH WHEN LOCKDOWN EXTENSION HAPPEN NIFTY FALL SAME DAY BUT ASS FAR MY KNOWLEDGE LOCKDOWN WILL NOT CONTINUE AND, OPEN WILL SOME TERM AND CONDITION SO BE READY TO SAW NEW CHANGES IN MARKET. THANK YOU FOR YOUR SUPPORT FOR MORE UPDATE FOLLOW AND Like IF you are new to market and wish to learn more you can contact me 7276209528 If you open account from below link you will get my Personalis support for learning and trading. tinyurl.com
NSE:NIFTY
by RavindraBhise
Nifty Intraday day analysis & Setup for 04th may 2020Good Morning everyone, Hope your weekend went well and you guys have fun in this lock down period :P Come to point and lets discus about nifty 50. First lets talk about my last analysis on 30th April 2020. I clear mentioned supply zone which is from 9600 to 9978 and this level come from one of harmonic pattern. Index 30th April high is 9984.50 and reversed . Our Nifty future trades in 2 other exchanges and these markets open after our trading session and nifty future is down more then 500 point till now in these exchanges Our Market is going to open today after 3 days so aspect a massive gap down today for sure... Key factors ============ 1- Nifty future trading on 9236 on SGX NIFTY it's almost 600+ point down after our last trading session.. 2 - Global Index is also in Negative. 3- Regrading USA Market May has started on a bad note across markets, as equities took a turn for the worst on the first trading day after US President Donald Trump threatened to slap new tariffs on China over the corona virus crisis and US30 aka Down more then 1500 points in last 2 trading sessions. almost 6.30% 5- On Friday, the government extended the corona virus-induced lock down by a further two weeks, dashing hopes of resumption in economic and business activities 6-In Europe, markets took a turn for the worst on the first trading day of this month after US President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis. Let's see how these thing can affect our Market ----------------------------------------------------------------- Technical View ================ Told you in our last analysis that nifty is not going to break 10,000 level and can be reversed from 9978. Index made 9984.50 and reverse but main question is how much points gap down we are going to see today. As per my analysis we are going to 400-500 Gap down today. Nifty Major support is on 8850-8900 and resistance is still on 9978 Trade setup for today 04th May =================================== Today Trade setup is bit risky and tricky as well because index is gonna volatile as per others trading session. Most of levels were destroy here so we will use our gap down and Gap up strategy in intraday. This is a simple strategy and easy to follow. Mark 15 Minute candle high & low and setup your trade on it. Go in long position if 15 minute candle high break and build your short is 15 minute candle break . More updates will be given in live trading session. Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
Nifty Weekly Expiry day analysis for 30th April 2020Hey Everyone, Hope you all are doing good. Yesterday was an awesome day if we talked about for our analysis. 9450 was a perfect buy levels and I hope you guys has made good money in Nifty. Today scenario is for a gap up Opening and we can see a 140-170 point gap up Opening. Gap up always destroy the previous levels and data. Nifty is still trading on the top of resistance 9800 to 9960 this all range is a supply zone so be careful in buying side specially in future and option buying. These levels come from lot of calculation and I don't think that nifty is going to cross 9850-900 since are about to open a gap up/ Key factors ============ 1- Nifty future trading on 9705 on SGX NIFTY it's almost 1.84% from previous day.. 2 - Crude Oil is still weak 3-Metals and financial sectors is strong and they are the reason for current really. 4- Dow and us stocks jumped on Wednesday on hopes of potential corona virus drug.. 5- us GDP in the first quarter contracted 4.8%, compared with estimates of a 3.5% drop ( Negative) 6-European and Asian Market is closed on a flat note on Wednesday. Let's see how these factors will affect in our Market Technical View for Today -------------------------------------- A : Nifty Break the 9500 resistance area and manage to closed above on it now this resistance convert as a support for Intraday. Major Resistance area and supply zone is 9970-1000. There is a gap also which come on 19th march. Might be Index gonna to fill it. B : Nifty Intraday Support is on 9400 and key support is on 8850 Intraday Trade Setup ========================== Buy : Well I do not feel comfortable in Buying side and avoid trading in future for trading session. will start to sell 9800-9900 CE for today Expiry.. Sell : Sell if Index break 9400 Levels which is Impossible for today. Conclusion ================ Index might be choppy because of Expiry and we prefer options selling . 9400 and 9800 looks good and both will be zero for today so hedge your positions and be safe... Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
'Cautious' Upside bias for NIFTY50 amidst geopolitical tensions.Amidst geopolitical tensions Nifty 50 ended with a doji indicating supply was drying up. And Nifty landed on a support amidst heavy selloff due to geopolitical tensions like N korea -U.S, India-China border standoff and also 11 Aug 2017 Friday, being the last day of the week. Technically, Nifty ended with a 4th wave on a support and might resume on upside after some intraday consolidation on monday. I think the supply has dried up but demand is yet to come in. I have an cautious upside bias in Nifty50. P.S. Long term uptrend is still intact in NIFTY 50 as I write this article.
NSE:NIFTYLong
by SunnyPawar
2
Nifty - Looks like a fall is on the cards(Elliott Wave Analysis)Here I'm giving my short term view on Nifty 50 using Elliott Wave Analysis. As you can see the structure is that of a Triple Zig Zag and currently we are in the last leg of this Complex Correction. I believe there is a high probability that Nifty will give a reversal b/w 8340 to 8370, if not then T3 : 8440 will be on cards. STRATEGY : Wait for reversal. Sell for T1 : 7680 (Wave C MiNIMUM TARGET) I will discuss further targets in a later post. Point of Invalidation : 8600, If Nifty goes above this level without giving a correction then I will have to redo the counts.
NSE:NIFTYShort
by NeeravYadav
3
Nifty Long Term View (Nifty Elliott Wave Analysis)Here I'm presenting long term view of Nifty using Elliott Wave. I have counted the move from 4650 to 9100 + as 5 Wave Progression of Wave 3 rather then marking it as Wave 3 since it falls short of 1.618 mark, also the given count is much more fitting given the current wave structure. As per this Main Count the current Wave under progression is Wave v of 3. Targets T1 : 9144 T2 : 9690 After that we shall have the Wave 4 correction followed by the Wave 5 up, however that we will look at a later date. Alternate view : Alternate count suggests that Wave iv might be in continuing as a FLAT Wave which seems a less fitting count as of now, in that case we can see levels as low as 6820 and lower. I will publish my view on lower time frames taking an indepth look in further posts.
NSE:NIFTYLong
by NeeravYadav
2