Niftyintradaysetup
NIFTY--Gap down occurs @18260 level??Observations:
NIFTY Previously showing Strong bearish pressure at this level.
NIFTY-- Price leaving a demand zone 18180 if this level acts as support, price reach again 18260 level.
--------->> If failed to act as demand zone the same zone is acts as Supply again and price falls back to below 18180.
--------->> Go short below for targets of 18060,17950 levels.
NIFTY--Drop-Base-Drop Form??Nifty Observations:
-------->> After opening gap down ,showing bullish pressure but not able to fill the gap on upside.
-------->> Consolidation is observed .
-------->> Go short if price breaks 18070 level, for targets of 18020,17980,17960.
-------->> Expiry may limit the price movement in the range 18100-17960 levels.
Nifty--Expiry Levels.Yesterday, the Nifty demonstrated bullish pressure above the significant resistance level of 17800.
As a result, it is expected that there will be a swift retest of this level, followed by a price increase.
Support range is 17800-17840 levels.
However, due to the monthly expiry, the price is currently consolidating within the range of 17960-17800 levels.
It is important to keep an eye on the untested supply zone at 17680, which is anticipated to act as powerful demand in the future.
Tomorrow might be a dropping expiry.Fibonacci Retrace tool is like a wonder in Century, I began to notice nowadays. So the Quadrants explained in the picture tells that the little but some bullish energies that have been lying near nifty option chain and FUTs, its because FIIs have lost most of their holdings in their sell outs and DIIs have to balance of their Balance Sheet before THE REAL EXPIRY OF FINANCIAL ACCOUNTS. But none the less GLOBAL powers are going in a SEESAW, Indices open higher due each other's end resulting cycle chain and mostly due to Dow Futures, then the Indices are hedged in shorting them because a lot of volume can be seen in Equity Shares. The weightage stocks take the Index Higher at that moment Hedge Funds short it and thats whats happening. So 31st March will be the day when this volume in equity will ran off and Indexes wouldn't fluctuate momentum like they have been. Lets hope today Dow returns negative because I have 10 lots of 17000 PE 6 April Expiry. :0
Until there is clarity there is chance of trend reversals.U.S. markets had started to recapitalise with strong volumes and Federal Reserve had yet again thrown the markets into dungeons, sentiments for far ended future is dark but calmness in Traders mind is soothing who do not indulge into straightforward long calls, and have fun with PUTS. Theme of Global Securities and ETFs is increasing at higher ends but Equities have shown bad faith to the Investors at large. Soon there will come another retracing peak and everybody will start to think the Downtrend ends here and Uptrend begins, it could be because it is much required and estimated now, not even now then when? But technical analysis is giving vibes of Shorting the NSE indices each and everyday, but fundamentally speaking going long is always the choice we all like and end up thinking more about it and then ultimately doing the human error. Bots are vitalised well enough to trade in any environment but are they configured to see an end of a trend and signal it to us? No only TA can do that.
NIFTY : Levels for 16th Mar
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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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
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
NIFTY : Levels for 14th MarNIFTY broken major support yesterday and after that we seen bears are active full day. As mention earlier it may touch weekly support as already break daily support. Keep eye on it.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
NIFTY : Support zoneNIFTY is near support zone. now 17300 is very much important for Bull to support. it may be less chances but lets see everything is depend of battle fight between bull & bear.
Follow Price action purely and decide your entry.
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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"
Nifty : Target done Nifty view shared before few days when it was trading near support. now its touch its target.
Now it can open positive & close negative on Monday or we can again see one swing in Nifty and then it is possible to give good move positive move in Nifty.
Tuesday is holiday. possible, it will take swing by Thursday.
Like, Share, Comment for regular updates.
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"
Nifty moves for today & in upcoming days .SGX nifty moves again in the upside from the hourly/daily support area, clearing the one thing that 17,250/17,300 is still significant support for the upcoming. The market structure is on the downside, but we need to break this level to see a clear downtrend; otherwise, it will be stuck again in the range.
Critical Resistance:
17,545. This is the previous swing high and can change the hourly structure and make a " W" Pattern which is a sign of retracement from the previous trend. Three Patterns will be activated on the breakout of this level.
Critical support
17,200 to 17,250 the whole is a crucial demand zone, and breaking this level can start a new bloodbath
Keep an eye and Trade Accordingly.
NIfty 50 Moves Identification for the Intraday of 21st February Nifty 50 Moves Identification for the Intraday of 21st February
I have marked two Important levels for today's trade setup.
First: Based on the Pull back, the Key resistance for the Intraday (17,920)
Second: Based on yesterday's swing low. Breaking this level is a sign the trend will continue (17,780)
Both levels are sell levels, either on pullback or continuation. The long can be considered above 17,950