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Niftylevels

Nifty took a critical support at 21777. (A number to watch)Nifty fell like a hot knife going through butter slab reacting to Iran Israel news. There was some respite today as Nifty has takena support at 21777 and bounced back to close the week at 22147 staging a remarkable recovery. 21777 will remain a critical support to watch for reminder of the month. In case this support is not held further supports will be only between the range of 21157 and 20973. If 20973 is further falls casualty to any escalation between Iran and Israel, we still have a strong support near 20592 which is also a Mid channel support. If by chance mid channel support is broken there can be a free fall towards 20237 or even 18878 levels if situation worsens. On the positive side of it if 21777 is respected we can further see resistances near 22318, 22514 and ATH resistance near 22775 levels. Things are delicately poised but let us hope peace prevails and we see nifty bouncing back drastically in the coming week or weeks. Local sentiments still remain good except for the fact that some FIIs are not happy with tax heavens status withdrawal from Mauritius. Global factors specially related to Israel and Iran are governing the global sentiments currently.
NSE:NIFTYLong
by Happy_Candles_Investment
Market Outlook: Israel and Iran Conflict continues to haunt. After taking a drastic beating due to Israel and Iran conflict Nifty today has taken a support near Mother line (50 EMA). There is also a trend line support at the same place. If there is no bad news in next one or two days we might see a reversal in Nifty in favor of Bulls. In case there is some more bad news we may see bears tightening the grip over the market. Right now main factors driving the market are global. One in global inflation and commodity prices (Specially metals/ Precious metals and crude oil) and Israel and Iran conflict. Local factors are firmly looking good and no changes seen. If there is a full scale war the imp act will be Global and no market will remain insulated from the same. But India because of local factors and neutral stance (which might be challenged as well) will be the first or the fastest to bounce back. Supports for Nifty are at 22113, 21722, 21145 and finally 20767. Resistances for Nifty will be at 22214, 22306, 22421 and 22513. Disclaimer: The Purpose of this analysis is purely for Education. Any decision to invest in shares of F&O should not be taken based on it. This is just to show you how technical analysis works.
NSE:NIFTY
by Happy_Candles_Investment
Market Outlook:Market Outlook: The factors related to Israel and Iran Conflict will e the leading cause for market and moves rather than other local or Techincal factors for the next few days it seems. However the Support and Resistance levels seem to be as under. Nifty Resistance: In case there is some positive news of tension related to conflict decreasing will be at 22424, 22534 and 22620. Nifty Supports: In case there is further escalation in conflict which looks more likely will be at 22622, 22112(Major support from where Nifty can bounce), 22008, 21711.3. If 21711.3 is broken we can see the levels of 21149 or even 20753. Shadow of the candle is negative and anyway Global factors specially Iran and Israel will be decisive force driving the Nifty for next few days it seems.
NSE:NIFTYShort
by Happy_Candles_Investment
Nifty and Bank Nifty analysis for tomorrow, Tuesday. 15th AprilNifty and Bank Nifty analysis and trade plan for tomorrow, Tuesday. 15th April Hello, my name is Rahul Bora, I am an intraday trader from Assam, every day I try to share my trade plan for next day, for Nifty and Bank Nifty based on Fibonacci levels and price action only. Whatever I share in these videos, are purely my personal opinion, and not a trade advice in any sense. Viewers are advised to take their trades based on self analysis and own risk taking capacity only.
NSE:NIFTY
by rahulbora11
Nifty broke a major support and is near a crucial support. As depicted in the last message. Nifty was near a crucial resistance zone which is between 22770 and 22808. Nifty fell sharply from these levels triggred by possibility of a major 3rd World War like crisis due to Iran and Israel conflict. Now Nifty is below a major resistance that is 22567 and just above a major support level near 22511. Any further escalation in war has potential to make Nifty plunge into a nose dive towards 22416 or 22309 levels. If 22303 levels are broken Nifty can further fall quickly towards 22K levels or below. However if there is de-escalation we can see a relief rally in Nifty with resistances at 22567, 22622 and 22689 levels. In case of Nifty rising this week again 22770 to 22808 zone will be a very nasty resistance to cross. Shadow of the candle is neutral as of now and anything can happen due to global factors. Local factors are in favour of investors and fall if any can be used to invest and bottom fish.
NSE:NIFTY
by Happy_Candles_Investment
Detailed Weekly Analysis for Nifty. This is the Monthly chart to understand the biggest picture for Swing positions. This is a Potential Weekly Demand which has the power to turn around the game in the buyers side. Now in order to reach this Demand Price needs to reach some Supply and then retrace down into this Weekly Demand. Further down in Daily chart we see there is a "Violated Daily Demand", this clearly indicates Sellers have just become more powerful and we also have a Fresh Daily Supply which is a Source Supply for a Downtrend till the Weekly Demand shown in the 1st figure. This is the Demand Supply Equilibrium Curve from potential Daily Supply to Potential Weekly Demand, wait for the Price to reach the Daily Supply and further the Curve tells us where the Price is on the curve and accordingly decide the Trade.
NSE:NIFTYShort
by WavesandZones
Again Nifty reaches a difficult resistance Zone. Again Nifty has reached a difficult resistance zone which is between 22773 and 22808. This is a difficult zone to cross as it has a fibonacci resistance as will as the ATH Resistance. If we get a gap up opening and a nice sustenance there after above this resistance it can resolve the problem of the resistance band. In this case further resistances will be in the range of 22898 and 23018. In case the zone acts as a difficult zone to conquer the supports for Nifty will be near 22622, 22561 and 22422. Shadow of the candle is neutral but momentum is positive so it will be an interesting day Bulls and Bears both will try to snatch the initiative. Also weekly closing has potential to keep things more interesting.
NSE:NIFTYLong
by Happy_Candles_Investment
Closing above 22629 has ensured it is a cup and handle BO. Closing above 22629 has ensured it is a cup and handle Break Out for Nifty. Now the only major hurdle remaining between another leg of bull run and consolidation is the resistance at 22701. Once 22701 is crossed next targets for Nifty will be 22803(Major Resistance), 22910, 23047 and 23220. If the breakout fails and Nifty is not able to cross 22701 swiftly the support levels will be at 22619, 22536, 22454 and finally 22219. Bears will awaken from coma only after we get a closing below this level till that time enjoy the bull run. Perhaps some consolidation might also be seen before some further progress in unlikely circumstances. Right now it is a one horse race for bulls and shadow of the candle is positive.
NSE:NIFTYLong
by Happy_Candles_Investment
Monday 08 April , Nifty Intraday Setup Index behaviour has been unpredictable since January 2024. None breakouts or falls have been sustained for the whole day, which is a sign of the dirty uptrend, which is not reliable, especially when the Index is trading on ath Intraday Range: 22,430 to 22,620 Strategy 1: The range is wider, so focus on reversals of critical resistance and support. Strategy 2: The 30-minute Please find below a revised version of the text: Since January 2024, the behaviour of the Index has been unpredictable. There have been no sustained breakouts or falls throughout the day, which indicates a dirty uptrend that is not reliable, especially when the Index is trading on its all-time high. The intraday range for today is between 22,430 and 22,620. To trade in such a market, you can follow two strategies: 1. The range is wider, so focus on reversals of critical resistance and support. 2. The 30-minute range can help you identify market curves and directions. Risk management is crucial in such uncertain market conditions. To minimize your risks, you should: - Keep your position size low. - Choose the right segments to trade in. - If you are a directional trader, trade-in pieces instead of taking a full position.ge also helps to identify the market curves and directions. Risk Management : Position size must be low Segments will play a significant role Trade in Pieces instead if you are a directional Trader
NSE:NIFTY
by CodeViser
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