Nifty reverse from resistance lineOn hourly chart nifty facing trend line resistance.
Breaking above 17550 will be goof buying opportunity for 17700.
Niftyindia
NIFTY-03/02/2022 REPORTHello Traders,
NIFTY@03/02/2022
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Opened as a gap down, below PDH. Market was rejected at IMP level then went to near S@2
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Nifty 17600 or 16400?Nifty is heading towards 17600 level that can achieve near future.
2 day closing above 17600 will open up door for 18300.
On the flip side 16800 will act as a strong support
Further down side is possible only below 16800 and that fall can go up to 16400.
BIG PICTUREREFER CHART,for better knowledge.
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Nifty chart for budget dayNifty is in consolidation between 17200 to 17400.
Breaking this range will decide further direction.
CHANCES FOR NIFTY TO FALL ?Only an illustration of market considering a long term in monthly chart.
The big question is will history tend to repeat itself?. The analysis shown here is just a view on the market considering the theory behind the market and also taking into account about the 100ema as well as possible retracements.
This is why the market needs to be approached by a completely neutral position.
React accordingly, catch the big bull if markets collapse to similar levels
16800 is very strong long term support16800 is the long term support since November 2020. SO expecting that nifty will hold 16800. I shorted 16800 march PE.
NIFTY 50 - BEARISH PatternNIFTY50 is making Bearish Pattern called Triple Top.
I haven't analyzed the market much however I advise users to be careful.
Let's see how it plays out.
Like and share your opinion in comments.
Nifty - AnalysisThe nifty chart is trading in a channel pattern
We may expect an ascending consolidation
Disclaimer - This is only for the educational purpose
NIFTY -25/01/2022 REPORT Hello Traders,
NIFTY@25/01/2022
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Opened as a Gap down, at our Support PDL. Market took the support at S@2 then it was broken our levels (S@1,PDL,Support, Resistance ,IMP). Finally closed above IMP.
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Please hit a LIKE , it motivates me to do analysis and do share with your trading friends.
NIFTY - Important levels for 25.01.2022Important levels have been marked for tomorrows trades - Similar pattern like Banknifty - DOUBLE TOP at the last 2 candles on 15 minute time frame.
Keep in mind issues mentioned in Banknifty view.
All the best !!!
Your feedback is most appreciated
PIDILITIND Flag and Pole PatternThe stock has made flag and pole pattern. It can give a good move in coming days. Keep an eye ! This is just for educational purpose and not any investment/trading advise. Do your own analysis too.
Nifty daily analysis for 20/01/2022Nifty has some support near 17800 level. This is a good place to bounce for the target of 18350.
One day closing above 18350 will take nifty up to 18600.
On the flip side 17600 will act as a strong support.
If close below 17600 this rally will pause.
Nifty long term viewAccording to this setup
Closing above 18690 will make nifty more bullish and this previous all time breakout will take it up to 19600.
19600 will be monthly target and can be trigger on any good news which may come on budget.
Before budget retracement till 17600 will make this breakout more successful.
On the flip side weekly closing below 17600 will change entire sentiments.
NIFTY Finally Broke Parallel Channel.Nifty was heading toward a congestion zone from 18300-18500. It had started to create 18350 as major resistance. Need to see if it sustain below the trend line on DAILY BASIS...
When we looked at previous charts, nifty was being held tightly, last few candles showed shallow candles. Now in charts supports have been made, keeping in mind there are few gaps left in nifty and trade causally.
Major even ahead - Annual Budget. Hope the market has not capitalized on such an event.
Happy investing, happy trading.....
Nifty trading setup for 14/01/2022Nifty is taking support from trend line from last 19 sessions.
Breaking below the trend line will trigger intraday selling pressure.
Closing above 18300 will trigger buying for the target of 18555
Nifty setup for expiry 13/01/2022On 12 January Nifty open gap up and whole day it was range bound.
On 13 January result of some IT company will impact the index.
Trading setup
Buy above 18240
Target 18300, 18345
For intraday you can sell below 18150
Target 18080, 18020.
Trading below 18000 will trigger profit booking and we can see intraday correction.
Nifty chart for the day 12/01/2022Nifty is being supported by trend line and closed above psychological resistance of 18000.
We can see 18200 level as long as 18000 level is maintained.
Nifty 11 January predictionMy yesterday's prediction was 💯 correct.
Now my analysis on tomorrow's nifty 50 is bearish 📉
I used Xabcd pattern and nifty touched the D point.
Be ready with your "Put Options Contracts"
Have nice Intraday 😊
Nifty weekly chart On weekly time frame Nifty has given flag pattern breakout and we can see 18500 level near future.
Closing above 18000 will accelerate the momentum and we can see fresh buying.
Positional buyer can buy at CMP with stop loss of 17600.
Nifty weekly target - 1800, 18200, 18500.
Nifty trading setup for 10/01/2022Nifty making a bullish flag on hourly chart.
Trade this breakout target will be 18040.
One day closing above 18050 will take nifty to 18200.
On the flip side nifty is supported by trend line . trading below the trend line will give intraday dip.
Bullish trend support is placed at 17600.
Closing below 17600 will make nifty bearish again.
Nifty analysis with Time Speculation D, Appendixthis is an appendix to the
please return to this analysis after watching the said analysis video for specified dates and Said Prices
