Nifty View - 18 November 2021
Nifty levels as per our zones resistance near 17980. if nifty break up side 17930 and sustain then will touch 17970.
if gap down open then will take support near 17855 . please check level.........
Resistance Zone : 1st - 17970-17985
Support Zone : 1st - 17855 - 17850
2nd - 17800 - 17750
Strong support near 17700
Niftyindia
Nifty View - 17th November Nifty levels as per our zones resistance near 18083. if nifty break up side 17985 and sustain then will touch 18046 then around 18083.
if break down side 17970 and sustain then will touch 17932, 17854
Resistance Zone : 1st - 18033-18046
2nd - 18072-18083
Support Zone : 1st - 17932-17910
2nd - 17854
Nifty View - 16th NovemberNifty levels as per our zones resistance near 18210(15 November high). if nifty break up side 18140 and sustain then will touch 18167 then around 18200.
if break down side 18120 and sustain then will touch 18080 , 18040 and 17980
Resistance Zone : 1st - 18167
2nd - 18200-18210
Support Zone : 1st - 18040
2nd - 17980
Nifty View - 15th November Nifty levels as per our zones resistance near 18250. if nifty break up side 18100 and sustain then will touch 18171 then around 18250.
if break down side 18100 and sustain then will touch 18050 then 18000
Resistance Zone : 1st - 18170
2nd - 18250
Support Zone : 1st - 18050
2nd - 18000
Nifty Trade Setup for 15th Nov. 2021Good Morning Everyone,
The Market mood and sentiment confusing in the last week, and we have seen a consolidation phase without a clear direction, but in the Friday trading session, Index has given an excellent up move and managed to close above 18,102, which is a good sign for the bulls. 18,150 is a critical level in this week and in today's Intraday as well. Closing above 18,150 will give a new direction, and Index can test 18,430 again, but if Index fails to sustain above 18,000 then we will see more pain this week. The range is very tight at this point, so Be careful.
India USD and SGX Nifty both were trading on a positive note, and the Previous closing was 18,180, which is a sign of a flat or 30-40 point gap up opening
Intraday & Key Resistance is: 18,150 to 18,200 ( Build along on a breakout)
Intraday & key support is 18,000 ( Build a short Position in Intraday)
Trade Accordingly
Nifty - More Consolidation Hi
Nifty still in consolidation, we may see the level of 17900 - 17830 after that we may start upward journey that journey will looks impulsive but in that also caution is required.
Or
Nifty can form a Triangle in current position.
Caution required in all trades.
Best of Luck....!!!
Nifty Still in CorrectionHi
As looks like we are still in correction in Nifty.
First possibility: - Bounce from 17613 to 18013 is a corrective bounce of A & now we are in B. B wave will end @ 17807 to 17720 then will see a C wave Bounce.
Second possibility: - We have completed A & B corrective waves & now we are in C then will be moving towards 18150 by today only.
Best of Luck
NIFTY - Market Structure Analysis November 2021 11/05/2021Hello Traders,
Its really important to have a view based on market structure. I am presenting my view for the period of November 2021. As we near the year end expiry, consider considerable amount of short buildup to happen. Assuming markets will correct another 10 to 15 percent after taking a pause or slightly going up for few days. Recommend you to be cautious with your long positions or holdings. Its a good time of the year when you can book some profits from your investments too and let remaining ride into next year.
Do share and comment your views/ questions/ opinions. I will be happy to converse with you.
Nifty Still in Correction Hi
It look like, Nifty still is in correction.
We have completed A @ 17613 now we are in B & it may come upto 18225 after that will fall again for C & final leg of Wave 4.
Note: - In B, we have completed A & B Leg & now we expect C leg for 18225.
Best of Luck & Happy Diwali....!!!
Nifty 50 Intraday Trade Setup for 01st November 2021
Good Morning
I hope you guys had a great weekend
We were closed on Friday at 17,671, which was almost 1.04% negative from the previous trading session. The index looks weak here and can correct more in the upcoming days. FIIS profit booking is continuing, and this is the main reason for a current downfall. Over than 63,000 crores Cash out from the market, which is a considerable amount.
The main question is, what is our trade setup for today and in the upcoming days. Let's talk about the Important Levels.
Resistance 1 : 17,950
Key Resistance : 18,050 to 18,100
Key support : 17,650
Today Trade setup
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India usd and sgx nifty has recovered in the Friday trading session after our market and managed to close at 17,796, almost 100-120 points up from our market closing. A sign for an 80-100 points gaps up the opening. Market sentiment is negative,so you must be careful and prefer the range shift strategy (wait to break out for the first 30-45 Minutes range)