Rising Wedge pattern breakout in NIFTY 50NIFTY 50 INDEX
Key highlights: 💡⚡
✅On 15 MIN Time Frame Stock Showing Breakout of Rising Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 21510+.
✅Can Go Long in this stock by placing a stop loss below 21250-.
Niftyprediction
NIFTY expecting a Retracement till Monthly Demand.
Price has moved away from the EMA, whenever we have a scenario as such Price retraces to the latest Fresh Demand and we have a Monthly Fresh Demand formed.
We have a Daily Demand exceeded by a Daily Supply hence expecting this Fresh Supply to be the Source of the Downtrend till the Monthly Demand
Amazing Short position can be encashed after a downward confirmation in 4H chart.
#NIFTY Intraday Support and Resistance Levels -22/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21300 level and then possible upside rally up to 21420 level in today's session. in case nifty trades below 21250 level then the downside target can go up to the 21130 level.
NIFTY INTRADAY LEVELS FOR 22/12/2023BUY ABOVE - 21280
SL - 21200
TARGETS - 21350,21410,21490
SELL BELOW - 21200
SL - 21280
TARGETS - 21090,21030,20950
NO TRADE ZONE - 21200 to 21280
Previous Day High - 21280
Previous Day Low - 20970
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -21/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21130 level and then possible upside rally up to 21250 level in today's session. in case nifty trades below 21080 level then the downside target can go up to the 20960 level.
NIFTY INTRADAY LEVELS FOR 21/12/2023BUY ABOVE - 21210
SL - 21140
TARGETS - 21280,21350,21410
SELL BELOW - 21090
SL - 21150
TARGETS - 21030,20950,20860
NO TRADE ZONE - 21090 to 21210
Previous Day High - 21590
Previous Day Low - 21090
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY--@Golden Zone??After a strong rise price is given us retracement to enter long again....
Price is exactly closed in the golden zone.
there is no sign of reversal....
If consolidation happens at bottom side,
we have more chance of liquidity grab below 20800.
Ma be after clearing that liquidity price goes upside...keep looking for buy if price comes below this level.
If consolidation happens again at ATH, chances of breaking topside is more.
Keep safe before short.
NIFTY prediction for today 20 Dec 23As we discussed, nifty will be forming a double top. It has completed the double top, and 21500 worked a nice resistance. Now, for today, 21500 will be acting as a nice deciding line. If it breaks above and consolidates upside, then it might go higher; otherwise, 21500 might work as a turning reversal point for Nifty.
Reasons:
DOUBLE Top formation is already completed. In the last 30 minutes, there was a lot of pressure from sellers with great power. (Bearish)
Ascending triangle pattern completion is there, which shows the trend might continue.
OI has PCR 0.99, is bullish, and 21400 has quite nice additional PE writing. (bullish)
RSI is 40-60, which means it is mostly sideways.
Price > EMAs(13,50,200) shows bulls are still having market control. (Bullish)
21300 will be providing a nice price action support point.
If it breaks to the upside, 21650 will provide a nice target point.
Verdict:
If it breaks to the upside, Sideways or Bearish might go bullish.
Plan of action:
Observe 15-minute candles and be on the selling side. Follow the analysis.
#NIFTY Intraday Support and Resistance Levels -20/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21470 level and then possible upside rally up to 21590 level in today's session. in case nifty trades below 21430 level then the downside target can go up to the 21310 level.
NIFTY INTRADAY LEVELS FOR 20/12/2023BUY ABOVE - 21490
SL - 21410
TARGETS - 21570,21660,21720
SELL BELOW - 21410
SL - 21460
TARGETS - 21350,21280,21210
NO TRADE ZONE - 21410 to 21490
Previous Day High - 21490
Previous Day Low - 21350
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made .
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -19/12/2023Nifty will be FLAT opening in today's session. After opening nifty start trading Below 21400 level and then possible downside rally up to 21280 in today's session. in case nifty trades Above 21430 level then the upside target can go up to the 21550 level.
NIFTY INTRADAY LEVELS FOR 19/12/2023BUY ABOVE - 21490
SL - 21410
TARGETS - 21570,21660,21720
SELL BELOW - 21410
SL - 21460
TARGETS - 21360,21280,21210
NO TRADE ZONE - 21410 to 21490
Previous Day High - 21490
Previous Day Low - 21360
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -18/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21450 level and then possible upside rally up to 21570 level in today's session. in case nifty trades below 21400 level then the downside target can go up to the 21280 level.
NIFTY INTRADAY LEVELS FOR 18/12/2023BUY ABOVE - 21460
SL - 21400
TARGETS - 21530,21600,21660
SELL BELOW - 21360
SL - 21400
TARGETS - 21280,21210,21140
NO TRADE ZONE - 21360 to 21460
Previous Day High - 21490
Previous Day Low - 21240
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 15/12/2023BUY ABOVE - 21210
SL - 21160
TARGETS - 21280,21350,21440
SELL BELOW - 21140
SL - 21210
TARGETS - 21080,21030,20980
NO TRADE ZONE - 21140 to 21210
Previous Day High - 20940
Previous Day Low - 20770
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -15/12/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 21180 level and then possible downside rally up to 21060 in today's session. in case nifty trades above 21210 level then the upside target can go up to the 21330 level.
NIFTY INTRADAY LEVELS FOR 14/12/2023BUY ABOVE - 20940
SL - 20910
TARGETS - 20980,21030,21080
SELL BELOW - 20860
SL - 20890
TARGETS - 20820,20770,20730
NO TRADE ZONE - 20860 to 20940
Previous Day High - 20940
Previous Day Low - 20770
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -14/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 20950 level and then possible upside rally up to 21090 & this rally can extend another 100-120 points if market gives breakout 21090 level in today's session. in case nifty trades below 20900 level then the downside target can go up to the 20780 level.