Pin point predictions of Bharat Forge for 10-9-23 to 14-9-23Hello Traders,
This is my trade plan for Bharat Forge next week all markings for support and resistance where entry and exit can be taken . For complete plan check below.
Niftyview
Bullish kicker reversal confirmation A strong bullish candle post Bullish Kicker Candle sticks reflect the reversal
Key level:
Support: 19230 - 19300
Resistance: 19900-20000
NIFTY looking to Shot the Moon.As per the Recent Price Actions, it seems Nifty is ready to make a new move for the Upside and target 19980. as we have found some support around 19300. already we are in a long term momentum for the upside.
NIFTY--08/09/23I 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 50 next stepsThere is below probabilities in this analysis
1. Completed correction as per fibo 23.8%. from monday it will start new upside wave, still its not confirmed but (if its holds this low or above 19800 close) it will confirm soon.
2. Completed A wave 19230 levels now started B wave with ABC pattern for the minimum targets of 19700. Then C wave upto 19090-18784 .
3. C wave running from Recent high of 19584 and it will end near 19784 levels . This will be activated below 19235 levels.
If any one need further clarification kindly ping me...
NIFTY 08.09.2023 LEVELSNifty Spot : 19727.05
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option Level One Week.
Draw Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Buy 19600 CE : Buy At : 133, Sl : 86
T1 :166, T2 : 200, T3 : 233, T4 : 270, T5 : 300
Option Buy 19600 PE : Buy At : 82, Sl : 53
T1 : 102, T2 : 123, T3 : 143, T4 : 164, T5 : 184
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
SL Break Even Point Near
NIFTY-08-09-23I am sharing the important levels of support and Resistance, based on my personal view.
If want to take the trade if any 15-minute candle closes above these levels enter in trade.
these levels act as strong levels of support and resistance.
Follow for more.
NIFTY--Bull trap or Bear Trap??Price is exactly closed in the previous strong fall area.
At the end of the session, the price is showing strong bullishness.
In this bullishness, if buyers exit their positions at this zone...tomorrow it is bearish, continue its move downside.
If this is a bull's continuous move, it will continue upwards and test the bearish gap.
will see in the next session what happens.
06 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Flat
After A Flat opening if Banknifty sustain Above 44650 and taking Support from 44650 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Flat opening sustain Below 44400 and taking resistance below 44400 then the open Targets for T1-44300,T2-43100,T3-44000
Major Levels 44500,44200,44600
If the market stande in this area of 44500 to 44700, then it is possible that even today the market will remain in the range.
Nifty 50 for 9/6/2023Hello Traders,
Hope you're well.
Today, buying options, especially Puts, was tough as the market made three peaks and premium prices dropped fast. Even if you were right about the direction, it was hard to hold onto your trade.
Earlier, we pointed out that 19,230 was a good buying area, and it turned out right. We saw a 350-point rise from there. Many expected the market to go below 19,230, but it surprised us by going up to 19,574.50. What's next? Read below.
Support Areas for Nifty 50:
Two buying zones to watch are around 19,482 to 19,452. Wait for the market to hit these levels before buying. Aim for 19,527 and 19,562 with a stop loss below 19,445. Be patient and don't rush into trades. If Nifty goes under 19,440, be prepared for a drop to 19,260.
Resistance Areas for Nifty 50:
The high today was 19,587, a strong resistance. We think the market might return to these levels to shake out sellers and attract new buyers. If Nifty goes above 19,587 and then drops back down, consider buying Put options (PE) with a stop loss at the highest point of that drop. This could result in an 87-point move to 19,500.
Personal Opinion:
While we've given different scenarios, our personal view is that if the market stays above 19,600 for a whole day, it could aim for 20,000 soon. Many traders are still ready to buy Puts, and sentiment remains unchanged.
Please note that I am not a SEBI registered advisor, and these trades are for educational purposes only.
We recommend focusing on intraday trades and avoiding holding positions overnight.
NIFTY--Liquidity @19400 ??Price is trending upwards from 19250 levels..
we have a bearish gap left at 19650 levels...
that bearish gap may again acts as resistance...
on bottom side we have liquidity @19400 levels.One more strong resistance at 19750 levels,
at 19650 levels wait if turned to be bearish ...if no bearishness price will touch the 19750, keep in bullish side from 19400 levels.
NIFTY 06-09-23I am sharing the important levels of support and Resistance, based on my personal view.
If want to take the trade if any 15-minute candle closes above these levels enter in trade.
these levels act as strong levels of support and resistance.
Follow for more.
#NIFTY TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup on NIFTY
the analysis is simple
- price structure is weakening
- a price pullback is needed for further move
- volume is contradicting the movement
dont play with fire, always use a predefined stoploss
#NIFTY Intraday Support and Resistance Levels - 05/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19560 level and then possible upside rally up to 19680 in today's session. in case nifty trades below 19510 level then the downside target can go up to the 19390 level.
NIFTY--Bearish Gap @19750??If price consolidates at 19500-19600 range, price have chances of breaking upside...
It will manipulate us and again moving upside..
clears the bearish gap left @19750 levels...be careful before short...
NIFTY--05/09/2023I am sharing the important levels of support and Resistance, based on my personal view.
If want to take the trade if any 15-minute candle closes above these levels enter in trade.
these levels act as strong levels of support and resistance.
Follow for more.
NIFTY--Consolidation + Bullish ??Nifty index,
After breaking a trendline failed to move upside....
Now after 3 successive gap ups price tested the support again and showing us strong bullish in action.
multiple times price taken the reversal from 19500 levels...
this level is failed to take the price downside...
If this strong bullish momentum will clears an obstacle to reach the bearish gap left @19750 levels... then will soon that level be tested.
If price opens up and may continue upside... or
if price may gives us some retracement to 19380-19360 levels will look for long , gives us discount.
Its already giving discount after 3 successful gap ups, saying I am bullish
we have resistance @ 19600 may gives us pullback if it is a bullish scenario.
this is the only shortcut way to reach the resistances again...
If we see at 19300 levels price consolidation + moving upside means a chance of bearish again...keep safe before long after these resistances.
will see in the next session what happens...
Nifty pre market analysis4 SEP ANALYSIS:
Daily analysis:
PS-Position size
Nifty opens:
side: if it gives breakout (2 step - 30+50)
gapup: buy if it gives breakout after consolidation (60%)
gapdown: will see further price-action
NIFTY AnalysisI am sharing the important levels of support and Resistance, based on my personal view.
If want to take the trade if any 15-minute candle closes above these levels enter in trade.
these levels act as strong levels of support and resistance.
Follow for more.
NIFTY 01.09.2023 LEVELS.Please See Nifty And Bank Nifty Levels Same Time.
I am Not Sebi Register Analysis.
Education Purpose Only.
NIFTY--Drop Base Drop or Bullish ??NIFTY index,
3 continuous bullish gaps indicating bullishness...
Gap up opening and filling the gap and again gap up opening ...
this happens in the last 3 successive sessions....
In higher time frame price action is still bearish,
After a strong break above the 19500 levels...
a strong fall is observed up to 19300 levels...
the liquidity grab on bottom side is finished...
and now price is moving in a bullish channel,with 3 continuous bullish gaps....
if this move continuously happens to top side...
tomorrow the liquidity on the topside @19650 levels will be finished soon.
Keep safe...
#NIFTY Intraday Support and Resistance Levels - 01/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19320 level and then possible upside rally up to 19440 in today's session. in case nifty trades below 19270 level then the downside target can go up to the 19150 level.
