Niftyindia
Market Outlook: Perfect Doji of indecisiveness.Nifty again feeling trapped within the support and resistance zones of 17850 and 18200. Nifty tried but was not able to break free. Good news was that major support levels did not break. At global level the investors emotions are also hovering between global recession and soft landing of US economy. There is a hope of US Federal Reserve loosening the Hawkish stance but there is a fear of Bank of Japan becoming more Hawkish. It is a perfect ‘Doji’ on weekly chart again this week, indicating indecisiveness, hope and fear. Reflection of Global mood can also be seen in NIFTY. Hopefully Nifty can break on the positive side this week as there is not much space for indecisiveness left in the squeezing triangle created in the chart.
Support Levels: 17854, 17767 and 17386.
Resistance Levels: 18136, 18187 and 18279.
Expiry day trade setupHello Traders----As expected in yesterday's analysis index crossed 1st resistance and closed near 18170. next hurdle of the index is at 1250. If we see a negative price action then price may approach toward 18050 and till we are above 18k its a buy on dips. once we fail to hold 18k then we may see the levels of 17900 & 17800 as well. keep the levels in watch and trade safe.
Have a great weekly expiry.
NIFTY50 FOR TOMORROW(17/01/2023)Hello ji,
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Today nifty50 makes lower low pattern .
that not good sing for Indian market.
Here support and Resistance levels drown.
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#Nifty50 Wave Analysis Nifty EV view suggesting small bullish momentum in this time in chart
@17800 a very good support i didn't think the market would break that easily,,,,,,,,,,
And charts and sentiments are also showing bullish
Wave B nearing end,,, my analysis says this time nifty will be ready to touch 18500 level
Wave C ????????????
NIFTY : Consolidating NIFTY is consolidating since we close our last analysis. Still I am observing chart but not finding any good entry point except buy near support & sell near resistance
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L" with small SL.
NIFTY FOR TOMORROW(10/01/2023)💚💚Hello ji,💚💚💚
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Today NIFTY fully bears and i make a small profit.
And i hope you should also make a profit.
here in 15mins candle NIFTY small W PATTEN form ,
and a big reverse head and shoulder from.
Maybe market bullish for tomorrow..
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NIFTY FOR TOMORROW(10/01/2023) M PATTEN💚Hello ji, 💚💚
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May yours day with profit.
Nifty goes up today Because of "IT STOCKS".
Nifty maybe trap. BE careful on Trading Time.
for tomorrow levels are drown check it.
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Nifty 50 index In nifty 50 index we will see some massive short covering above 18070
After we having a bearish harmonic prz of d leg at 18177 any breakout above 18250 we will see a good momentum upmove
View intact with buy on dips
Ask your financial advisor before taking any action based on my view
Only for educational purposes
Sectors : Outperforming / Underperforming Nifty Sector analysis
Outperformers :
1. PSU Banks
2. Auto
3. Pvt Banks
4. Finance
5. PSE
6. Metal
7. Infra
Underperformers :
1. Energy
2. Commodities
3. Pharma
4. Realty
5. Media
6. IT
Nifty Outlook For 9th to 13th January 2023. Nifty is looking very fragile and holding on to a major support right now which is near 17775. Mostly we should see turnaround for Nifty from this levels on Monday but in case this support is broken and we see this support broken, then we will see a freefall till the levels of 17668 and 17397.
Below 17397 we have major support of 50 Weeks EMA which is near 17336. Breaking 17336 can further empower the bears who can rule the roost from then on have a further Iron grip of the market. The resistance on the upper side are at 18000, 18125 and 18251.
A turnaround on Monday or Tuesday can bring things in balance otherwise investors will have a tough next week which can test their patience.
NIFTY50 FOR MONDAY (09/01/2023)Hello ji,💔💔
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I hope Your Week are goes Good.
Engoy the Weekend..
ON Monday trade resistance and support levels are drown.
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