Nifty 02 Jan 23 to 6 Jan 23 St, Mt and LTNifty 02 Jan 23 to 6 Jan 23 Short ,Medium and Long Term
Nifty closed at 18105 with touching peak 18265 recovered from low 17805 as mentioned last week analysis after covid threat subsidised.
Nifty very well moved along the trendline shown in the chart (Blue & red line) 17800-18260. This was specified in previous week report.
Nifty short term need to cross firmly above 18260 to reach initial target of 18440 and 18500 in the coming weeks.
Macd still to recover and cross signal, under reversal. RSI 44 (30) and stochastic 36 (5) recovered from previous low level.
Medium term target
18900
If it falls below the current level, the next support is at 18000/17880/17564/ 17472 fib 0.618 retracement and 17447 MA 100 level is crucial.
Long term target 19500 and then to 20500.
Budget is in the cards in a month. Much to expect for policy change.More concentration on Gati Sakthi and NLP infra related is expected. This will create employment as well.
Niftyanalysis
NIFTY : moving as expected NIFTY : bounce perfectly as mentioned last time, 23rd Dec : we would require engulf candle Monday to sustain and Today we have Bullish engulf candle on chart. :)
26th Dec: What Next: after creating Engulf still some level is pending for Nifty to back to his bull zone. Zone is marked in charts. lets wait & watch.
27th Dec: Nifty it trying to catch our Bull zone levels marked in chart.....Lets see tomorrow what will happened after it touch our Bull zone level. Thursday we would have more idea on Nifty . Keep watch.
28th Dec: As mentioned yesterday, Nifty touch our Bull zone and reverse exactly from there. its not easy for Nifty to break price action levels. Tomorrow If Bulls able to gap up and sustain we can see continue up move. If unable to sustain, Nifty can back again in our support zone (Box). Trade as per morning candle.
30th Dec : Sorry guys, unable to update yesterday due to some personal reason.
As expected nifty entered successfully in Bull zone now. X managed to trap people by gap down yesterday and then bulls pressure was with full josh. This is what we were looking for "Josh". Now shifted support to 1'6159-181 zone as Market have to sustain till here for next move. 18434 is next resistance on chart as per my study. Lets wait & watch
It will motivate me to post more analysis if you can Like, Share, Comment.
Disclaimer
I am not SEBI registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
NSE:NIFTY Analysis/Prediction for tomorrow 02-01-2023NSE:NIFTY Analysis/Prediction for tomorrow
For Flat/ Gap-UP Opening
🟢 Buy CE above 18210
✔️ Target Should be 18265, 18380
🔴 Buy PE Near 18200
✔️ Target Should be 18110
For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE Below 17970
✔️ Target Should be 17830
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Pin Point Predictions Of Nifty For 2-1-23Hello Traders,
WISHING YOU A VERY HAPPY AND PROSPEROUS YEAR 2023 FOR ALL VIEWERS OF THIS POST!
The Perfect understanding of support and resistance posted one day in advance to make your trading easy . This price action on 30-12-22 itself authenticate my words. To know more in detail of further action in index can be seen below.
Nifty 50 Bull Night Level 02.01.23 Nifty 50 Support And Ressistance Its My View
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
NSE:NIFTY
NIFTY 600 plus points FALL
Price was in Uptrend since 13 June 2022, Price has closed outside the Trendline also we have Weekly Demands violated and now we hava a Fresh Supply formed, Price should respect this supply and come to its first Support @ 17428.80, then it can either turn and shoot or continue till the Demand in the Bottom @ 16275.50.
NIFTY 17400 PE would be the Trade of the week.
Enjoy Money Making!!!!
Nifty50 - support and resistance zonesNifty on Daily as per technicals is in a zone with immediate support at 18250 and resistance at 18450
Major 20DMA resistance at 18420
Long above : 18450 as today being last trading day of 2022 it may consolidate in this region unless US futures show some positive indication post 2pm IST
NIFTY50We are looking for wave C. So we are waiting for a correct price action pattern to appear on the chart
NSE:NIFTY Analysis/Prediction for tomorrow 30-12-2022NSE:NIFTY Analysis/Prediction for tomorrow
For Flat/ Gap-Down Opening
🟢 Buy CE near 181150
✔️ Target Should be 18280
🔴 Avoid PE
For Gap-UP Opening
🟢 Buy CE Near 18200 or above 18285
✔️ Target Should be 18400
🔴 Avoid PE
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Nifty long and short levelsNifty Buying only = above 18300.
Nifty Selling only = below 18260.
It's the analysis with paid atm machine indicator on hourly chart.
🌈 Advice: 1.) Take reversal trade near these levels, or
2.) Wait for Breakout and Sustainability.
📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels.
🙏🏻 Come to Learn, Go to Earn🙏🏻
✅ We are NISM Certified. ✅
☔If you find us useful, Please help the helpless near you.☔
☺Happy to Help.☺
NSE:NIFTY Analysis/Prediction for DEC Expiry 29-12-2022NSE:NIFTY Analysis/Prediction for tomorrow
For Flat/ Gap-UP Opening
🟢 Buy CE Above 18210
✔️ Target Should be 18320
🔴 Buy PE Below 18080
✔️ Target Should be 18020, 17970
For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE Below 18120
✔️ Target Should be 17970
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
NIFTY : Expiry levelNIFTY : bounce perfectly as mentioned last time, 23rd Dec : we would require engulf candle Monday to sustain and Today we have Bullish engulf candle on chart. :)
26th Dec: What Next: after creating Engulf still some level is pending for Nifty to back to his bull zone. Zone is marked in charts. lets wait & watch.
27th Dec: Nifty it trying to catch our Bull zone levels marked in chart.....Lets see tomorrow what will happened after it touch our Bull zone level. Thursday we would have more idea on Nifty . Keep watch.
28th Dec: As mentioned yesterday, Nifty touch our Bull zone and reverse exactly from there. its not easy for Nifty to break price action levels. Tomorrow If Bulls able to gap up and sustain we can see continue up move. If unable to sustain, Nifty can back again in our support zone (Box). Trade as per morning candle.
It will motivate me to post more analysis if you can Like, Share, Comment.
Disclaimer
I am not SEBI registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
NSE:NIFTY Analysis/Prediction for tomorrow 28-12-2022NSE:NIFTY Analysis/Prediction for tomorrow
For Flat/ Gap-UP/ Gap-Down Opening (Between 18070-18200)
🟢 Buy CE Above 18210
✔️ Target Should be 18320
🔴 Buy PE Below 18070
✔️ Target Should be 17970
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.