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Niftyanalysis

Nifty Wave Count Update and Price ProjectionHello friends, After C truncation - impulse started and yesterday we got 1 more confirmation of channel breaking. Here I am posting approximate target of all impulse waves - it is not definite it is approximate spot nifty entry 18049 stop loss 17870 exit value 180404.85 Wave 1 = 10 hourly candles from 17761 to 18049 Wave 2 = 6.2 candles 17870 wave 3 = 16 candles 18627.88 wave 4 = 6 candles 18116.85 wave 5 = 10 candles 18404.85 This is an estimate - subject to change
NSE:NIFTYLong
by KardamRishi
Nifty Intraday for 16th Jan 2023#Nifty has bounced multiple times from their support (17,760) and created a possible bottom that could signal the hourly trend reversal, but we need confirmation. Friday's closing was the most important because it was the week's last session, and we have seen a favourable ending. Let's see if the market sentiment continues. 2 Hour TF ========= 1- Bottom valid since Dec 26'th 2- Hourly swing high break(17,880) on the Friday session and managed to close above 3-Trend line resistance holds the current downtrend (18,005) in the hourly time frame. 4- Intraday Range is 17,880 to 18,005 Trade Accordingly!
NSE:NIFTY
by Virupandey81
Nifty for this week 16th to 20th January 2023Nifty hovering around major support level. With good inflation numbers rolling out if we get a boost of good results from corporate world things can turn around in a positive way. If the numbers turn out to be at par, we will have range bound Nifty continuing to trade with volatility but on a negative side. If the results are negative, there is a scope of further consolidation and correction. Things are hanging in balance. Major Support and Resistance levels are as under: Support Levels: 17757, 17648 and 17503. Resistance Levels: 17974, 18113 and 18266.
NSE:NIFTYLong
by Happy_Candles_Investment