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Nifty50analysis

Nifty || 31st May 2022 || Falcon Trader || Daily Analysis Have mentioned in previous posts as well, we will test the puprle level indicated in the chart, a pull back only to move higher? - Time will tell. For now we trade on this pull back with target of 16400 levels. This is a neutral trade, once we reach 16400 levels then again we can go long for further higher targets and eventually we have to short from the top again. I don't thing we have reached real bottom yet and therefore this is just a blessing for traders - another easy opportunity to trade and earn profits. Use stop loss.
NSE:NIFTY
by Falcon_Trader_1
Nifty Intraday Update for 27th April 22ifty 50 Index reversed the previous day's losses yesterday on positive global cues with all sectors participating in the rally. Volatility (India VIX) also cooled down to 19.18 but needs to fall way below the 18-mark to make the bulls comfortable. After gap-up opening, Index traded in a range throughout the session, extending the rally late and closing at 17200 levels. India 50 USD Index Analysis (Intra-day) ================================= The last couple of sessions have been tricky, with frequent gap down/up openings, apart from the sudden intraday moves in both directions and today’s session will be no different. US Markets fell significantly as fears of an economic slowdown continued following Monday's short-lived recovery. Taking cues, Index fell sharply overnight, again taking support at 16850 levels (important support for the week), made a sharp bounce and is currently trading at an important psychological level of 17000. 17070 and 17250 is likely to be important resistances for the day. The downward momentum will continue below 16850. Since SGX Nifty is trading significantly lower, we are likely to open with a gap down , Index is gonna volatile in intraday so wait first 30 to 45 minutes to build your intraday. India USD Daily TF ================== 16,852 is the major support for the Index and it has already created a double bottom at this price, our ABCD pattern will be activate id this level break.
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by CodeViser
3
NIFTY Unable to cross critical resistance again. Yet another day when both FIIs and DIIs were buying NIFTY not able to cross critical resistance. NIFTY today made a high of 17559.8 and ended in negative 17464.75 which is 33.5 points lower than yesterday's close. The markets are indecisive about direction the rally will go on or halt for a while as consolidation continues. Supports on the lower side will be at 17390, 17123, 16988 for now. Resistances on the upper side will be near 17560, 17628 and finally 17778.
NSE:NIFTY
by Happy_Candles_Investment
Nifty 50 - a perfect opportunity to shortNifty 50, Elliott Wave counts shows down trend marked in the chart. We can see lower levels taken and final target can be below 15000 Levels if this continues. There is no strength in buyers. With continued FII selling, it is becoming very clear that we have not reached bottom yet. Follow me for more charts like this on NIfty and Crypto. Important Trend Change dates, 11th March , some bounces around 15th March and then continued selling.
NSE:NIFTYShort
by Falcon_Trader_1
NIFTY TO BREACH 16385 FOR BEARISHThe ongoing recovery wave(Not impulse wave)Labled as W,X,Y,X,Z The interesting part is, wave 'Z' should be less than wave'W' for the end of Recovery(4/B)as triple ZIGZAG But wave'Z' is more than1.382 times of wave'W' but less than 1.618*W. This situation has two chances i) Either WAVE 'Z' completed(since C<1.618*A) OR ii) formation of expanding triangle in wave'Z'', {Remember, 'Z'wave may extend upto 2.618 times of wave 'X'} Hence we have to wait till wave ''D'' sharp correction to complete upto 16385. in case if it violates (breach of 16385),we will have confirmation that NIFTY IS IN BEAR'S GRIP please expand the chart and see the full view
NSE:NIFTYShort
by selvamB
Nifty 50 Intraday Trade Setup for 11th May 2021Good Morning everyone, Hope you all are doing great and did good in the last week, Index short term trend is bullish and we have seen 500 points up move in the last week but the main problem is Index momentum in intraday is so choppy & messy and most of the movement comes with a gap up then the market turns sideways all over the day which is not tradable in the Intraday. Let's talk about our trade setup for 05th May 2021? Key Factors =================== 1-The index is trading on their Harmonic PRZ. The level is 14,972. which can act as resistance. 2-India USD and SGX Nifty both are trading on a Negative Note. Almost 114 Points down from the previous day closing. 3-Index Intraday Support is at 14,700. 4- Higher Trend is still missing and the wider range is still valid from 14,000 to 15,000. 5- 15,000 is the Phycological resistance confirmed with the Harmonic PRZ. Intraday on 05th May 2021. ================================ Intraday Range is 15,000 to 14,700 which is very big and can create a problem is the Intraday. The index is about to Open around 100+ Point gaps down so you must know the support area which is 14,700-14,730. Risky and Aggressive Traders can create a long position from the support zone with minimum sl and can hold the Position if 30-minute range breaks on the upper side, 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 different views and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
11
Nifty analysis with Time Speculation Daily TimeFrame (Shorting)Hi ac we can see there are regular Bearish Divergence with MACD Lines and Histograms which is the sign of trend reversal and price correction... the index was bullish from march 2020 as the corona pandemic made a huge fall in the economy so post pandemic we can see the market had a bullish return to its past trend and even made new ATH, so to me we are now at the Overbought zone and soon we should face some correction and retracements. the Fibonacci golden areas can be used as some safe and rational TP targets and clubbing it with MACD will give us better vision of the market status. I have speculated some dates with Higher Lows data by Fibonacci Time Base tools, which we may see the TP zones but these dates are at most and the Specified TPs can occurs at any given time before these dates even... please refer to the Snapshot analysis for the prices and specified time in the link below and it helps us to see the Idea grows as the time passes... please comment your opinions about this idea
NSE:NIFTYShort
by BitonGroup
Nifty50: Key Support and Resistance LevelNifty50 is in strong uptrend and my personal view on Nifty is bullish medium to long-term. However, you can expect correction soon. So, for swing traders and investors correction may provide you an opportunity to enter. That's why you need to know from where Nifty50 might bounce back. So, I draw key diagonal Support and Resistance level. Wait for these levels and when price rejects this price level, you may get an opportunity to make money. Happy Trading!
NSE:NIFTYLong
by AkmeAnalytics