NIFTY--@Traingle Breakout??NIFTY Index is now at golden zone of fibonacci
we are still left with some more points on the bottom side at 21500-21520 levels...
previously a strong bullishness is observed as well from this zone...
price is also trading narrow in a trendline most chances of breakout from this levels...
wait for the price to break the trendline and retest for longer side...
otherwise a continuation may happens...
on bottom side we have strong support lies at 21300 levels...
keep mark this zone as well,if it will continue downside will look for buy at 21300 levels...
price clears the liquidity at 21600 levels....
---------------------------------
Niftytomorrow
NIFTY--Consolidation or Bearish??look for bearish from 22050 and trendline...
Keep in long side as long as price is above the 21950 levels...
if you want to go short wait for the price to facing the resistance from 21875 key zone
If price takes the support at trendline or 21950 go bullish by keeping the SL at Key zone.
we have a chance of consolidation between the zones 22050 and 21950 and manipulation to ATH, and then Distribution to downside.
Keep safe here...price is now at turning point...
Have a look at the Bullish Continuation and Bearish view for complete analysis.
NIFTY-Trendline Liquidity @21600As of now NIFTY INDEX is still in Bullish.
now price is trading near its resistance zone...
today's trading session is important to continue moving upwards...
if price consolidation price will break the resistance....
we have a trendline liquidity below 21600 levels....
If price unable to break above liquidity will be finish...keep in long side as long as price is above the trendline.
NIFTY--Double Top or Inverse H&S ??Need some more trading sessions to analysis, to confirm upside or downside??
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
Analysis for a Swing Position in Nifty.
Price has reacted to the Sourcre Daily Demand and has headed towards its Destination of Daily Supply.
This is the Demand and Supply Equilibrium Curve showing us the levels
As Traders we gotta Buy low and sell high
This is a Buy Trade with a substantial Reward to Risk Ratio.
NIFTY--Gapup or Gapdown??
Price is exactly closed at trendline resistance... which is also a strong resistance...
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
NIFTY--22000 0r 20800 ??I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
Nifty--Consolidation or Bullish??After a strong Bearishness from the supply zone @21700 levels price gives us some retracement to enter again shortside...
If tomorrow price opens up try to be on short side from 21550-21500 levels for targets of 21000 levels.
Liquidity lies above these levels.
If consolidation happens at bottom levels then we have a chance of fallback to the bottom support at 21000 and 20800 levels be tested soon.keep in long from this levels. we have a chance of continuation down side possibility is more,trade with less quantity.
#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--Support @19360 ??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
NIFTY--Consolidation @19550-19450 ?? I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
NIFTY ANALYSIS FOR 16TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 16TH OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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NIFTY ANALYSIS FOR 12TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 12TH OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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NIFTY ANALYSIS FOR 11th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 11th OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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NIFTY--Broken Trendline??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support.
NIFTY--19400 or 19700 I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support.
Nifty for 6th October 2023 - Weekly ClosingAs Expected ( Please refer to the linked post) Nifty opens with an up gap at 19521, which is near immediate resistance i.e. 19544-19550.
Since it was a gap-up opening of approximately 100 points and near resistance, creating new long positions immediately makes no sense.
Why was I expecting a Gap-up opening today?
1. Prices bounced twice from the support area during the day.
2. Prices closed well ( in spite of weakness during the day)
3. RSI was at support ( 40 levels)
4. Hammer-like candle formed at support
Today's Price Action
1. Opened Gap up
2. Prices Halted at resistance during the first hour.
3. No sell-off from resistance.
4. Prices consolidated around the resistance area( 19544-19550)
5. Higher High, higher low, gap up indecisive candle.
Expectation for Tomorrow - Friday, 6th October 2023
1. Prices might open with an up gap tomorrow, how far don't know.
2. Immediate Resistance @ 19638
3. Prices should sustain the 19543 level for a move towards 19638 levels.
4. Expecting 80-100 points move tomorrow.
Why am I Expecting a Gap up tomorrow
1. No sell-off after a gap-up opening near resistance
2. Prices consolidated well on the hourly and 15-minute chart
NIFTY ANALYSIS FOR 5th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 5th OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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NIFTY ANALYSIS FOR 4th OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 4th OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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NIFTY ANALYSIS FOR 3RD OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 3RD OCT 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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