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Niftyoutlook

Nifty Round and path ahead for 28th March to 1st April 2022.As mentioned last week the resistance between 17206 and 17450 proved very difficult for Nifty to conquer. It was a mixed week with Crude trading in a volatile fashion Covid 19 cases picking up in China, South Korea, Europe and other places. The war is continuing relentlessly and I would say our market is doing extremely well to hold above 17078 which is the 50 days EMA. FIIs and DIIs were taking turns this week in buying and selling almost like playing hide and seek. Indian market are showing inherent strength. We are at cross roads any positive news can give a nice 200-300 point rally similarly any negative news will test the supports at 17078, 16988 and 16726. On the upper side resistance levels will be 17202, 17294, 17352, 17428 and finally 17628.
NSE:NIFTY
by Happy_Candles_Investment
Nifty Update for 21st February 2022The Index has been very volatile in the last week and made a more comprehensive range. #Nifty50 trend is missing in weekly, daily, and hourly time frames means we are trading in a sideways market, and index trading is tricky in a sideways market because both sides move. India USD and sgx CMP are 17175, so a flat opening is expected, and posted a 4-hour chart to understand the current market situation. 16,900 to 17,000 is a crucial level, and Index has taken multiple times to support from this level and not make highs, so be careful in the Intraday. Intraday Resistance : 17,400 Intraday Support : 17,150 Key Support : 16.900 to 17,000 Trade Accordingly!
I
by CodeViser
1
Nifty Update on 18th February 2022 I tried to explain everything on the chart to understand the price structure and where we were trading. I have used the hourly chart to describe, but it's the same daily and weekly. Index swings, highs, and lows were messy, clearly an nondirectional market. Intraday =============== Intraday is very tricky and asks the expertise and experience both Sideways market is not easy to trade for novice traders. I am not demotivating to anyone. Try to explain what kind of market it is and what risks are involved. INTRADAY RESISTANCE :17,350 INTRADAY SUPPORT : 17,200 Rules you must follow in Intraday. 1) Choose your segment Wisely 2)Avoid holding the overnight position 3)Minimum Position size 4)Use stop loss in the system 5)Closed the Terminal if target achieved Understanding the importance of these trading rules and how they work together can help a trader establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of s
NSE:NIFTY
by CodeViser
1
NIFTY - Next week Analysis🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:NIFTYLong
by PrakWorld_Traders