Nifty50pricetrendanalysis
Nifty Futures Key Trading Levels for 22nd Feb 2022 ExpiryNifty Futures Key Trading Levels for 22nd Feb 2022 Expiry
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Weekly nifty analysis - how to trade the upcoming week.Nifty had to touch 17270 - 17320 levels before any downside move can be expected!
Nifty has been moving in a downward channel the last few weeks and has consistently made lower highs and lower lows.
Nifty on the upside is to have significant resistance at 17320. Any closing above that on a daily time frame is a sign of a new bull run as long as its able to sustain above it.
However, in the event it does not break 17300, a fall can be expected till 16444.
Last week, on the first day itself, all targets were hit on the downside and the nifty started making the upmove. However it will be interesting to see if nifty falls and closes this week below 16694 which is the 618 fibo line. A closing below this is very significant for bears as it can lead to huge fall.
Targets for the week:
Keep upside target as 17300 and any closing on daily TF is continuation of bull run.
Keep downside target as 16694 and then 16444 which can be seen mostly next week.
More fall in nifty this week!Nifty has failed to break the trendline resistance on Monday.
Nifty was moving in a channel the last 2 weeks but finally it closed below the channel support region on Friday.
Therefore, we can see Nifty continue its down trend and touch 16696 level which is the 618 fibo levels where there is a chance for reversal of the downtrend. However, until that, fresh long positions are better avoided as all supports are broken.
*educational purposes only*
NIfty50 analysisJust a *small look to nifty50 *
Market is taking healthy correction *which is good for future . Nifty50 opens *3 gaps day to day that's why is coming down to fill that gap .
A trend line that gives to support it .if market comes down more then my last support is 17816 .
have a good day👽
Nifty50 Key Support & Resistance for 5th Oct 2021Nifty50 Spot Key Support & Resistance for 5th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
Nifty Futures Trading Levels for 22nd Sept 2021
Nifty Futures Trading Levels for 22nd Sept 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Nifty50 Prediction & Analysis [11 Aug 2021]Nifty50 Prediction and Analysis For Tomorrow
Nifty50 Spot Levels to watch out for trading on 10th Aug 2021
Long Opportunity:
1. Price breaks out of 16300 and retests the level again is good support to go long
Short Opportunity:
1. Gap down opens below 16200 and stays below 16200 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
NIFTY TO TARGET 16150Based on s&p500 index movement on last week, There is a possibility of NIFTY to test 16150 next week,
this is purely because of short covering rally as well as to finish the last wave 5 of the ongoing 5wave expansion(C wave).
TRADERS can hold their longs with a confirmation of levels 15915,16090,
Cup/Rounded Bottom formation in Nifty50Throw a look at the pattern. One can very easily judge it's a rounded bottom pattern forming a cup. This is verified by the increasing volume after it rises from the bottom most region. Long term view is "LONG". Just let it reach near the boundary of the cup pattern or the support line . From there onwards and if RSI bounces back you can take a long position.
Short term support - 14520-14540.
T1 - 15065
T2 - 15415