Niftyview
NIFTY--@Trendline Break??The Nifty index is now near its trendline...
After taking the support from Right shoulder...it is ready to break the trendline...
if price breaks the trendline, we will observe a good upside move...
If price breaks the trendline tomorrow might be a trending day for nifty.
today price is consolidated in a range...
if it breaks upside this time it will finishes bearishgap...
If it is unable to break the trendline...will look for short side...until keep on buy side...
#NIFTY Intraday Support and Resistance Levels - 10/08/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19620 level and then possible downside rally up to 19500 in today's session. in case nifty trades above 19650 level then the upside target can go up to the 19770 level.
NIFTY--@Neckline Support ??price broken the neckline and retested the neckline and closing is given above the neckline.
if price opens below neckline look for short side...until bullish gap,if acts as resistance.
Look at the bottom side gap is still left,
if price wants to fill the gap it opens gap down and fill the gap and moves up again.
If neckline pushes the price again up,
will be long on break of the zone above neckline. keeping the stop loss below neckline.
If opens gap up above, the zone after filling the gap will initiate a long entry.
keep track the neckline and bullish gap.
NIFTY-- 20500 or 18500 ??Price created a strong bottom at 19300 level...
multiple times the price is taken the support from 19300 level.
This level is crucial for Nifty to sustain above 20K.
if price again creates a strong bullishness from this zone this will break the 20k zone and Reaches 20500 level easily.
the zone @19300 level is the price gives us discount, to enter long for 20500 level.
After a strong break from previous strong resistance @18900 levels,
this fall is a discounted price, those who wants to ride the trend will go for long side..
so, when to enter in long side....
from which place we have to be on the buy side....
look at these analysis... you will get a clear picture
An inverse head and shoulders pattern may form to take the price to reach 20500 levels.
so keep watch this levels by keeping an alerts.
If this fall continue It may reach 18900 and 18600, before reaching this it has to give some retracement.
will see what happens.
Thank you guys for your support and Encouragement.
NIFTY--Bullish Gap or Bearish Gap ??Bullish gap left @19200-19250
Bearish Gap left @19670-19700
when this gap be finished....??
if price continuously falls tomorrow it finishes the bullish gap.
If price showing us bullishness tomorrow,19500 will again acts as resistance..
so in order to go upside, price must be consolidates
and has to create a bullish view and retraces back then only, bearish gap be finished.
Note ::
If we observe a strong bullishness again price will break the bearish gap..
#NIFTY Intraday Support and Resistance Levels - 08/08/2023Nifty will be gap Down opening in today's session. After opening nifty start trading Below 19580 level and then possible downside rally up to 19460 in today's session. in case nifty trades above 19600 level then the upside target can go up to the 19720 level.
#RELIANCE... Looking good 08.08.23#RELIANCE...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
#NIFTY Intraday Support and Resistance Levels - 04/08/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19430 level and then possible upside rally up to 19550 in today's session. in case nifty trades below 19390 level then the downside target can go up to the 19270 level.
NIFTY--Liquidity lies @19300 ??The nifty Index, after a strong fall price is given us 50%-60% retracement in Fibonacci.
if tomorrow price wants to fall this is the area that can push the price lower.
the previous resistance acts as support and price moved up again..
Don't go for short side if price breaks the low.... there is an another zone, that can immediately push the price up to trendline.
don't fall in trap here. It gives retracement again then look for sell.. until keep watch the show.
mean while price creates a trendline this area....
look for sell at that for proper targets on down side.
Look for buy on bottom side...after the break of trendline and retest up to 20K.
all the liquidity lies on these lows...that will break and reverses immediately.
Tomorrow again price enters into the consolidation zone....it will not gives us any movement.. slowly moves up and down. No proper direction. option sellers have a chance to grab this.
so keep safe.
Thank you guys for your support.
#NIFTY Intraday Support and Resistance Levels - 03/08/2023Nifty will be FLAT opening in today's session. After opening nifty sustain above 19550 level and then possible upside rally up to 19660 in today's session. in case nifty trades below 19500 level then the downside target can go up to the 19390 level.
Major Correction in Nifty due to Global factors. Nifty today closed 1.05% in the negative due to major global news of US downgrade. Lot of Euphoria was also there and many stocks were seething in the overbought zone so the correction was due. Major supports now for Nifty can be near 19440 and 19315. If 19315 will be broken bears will get more empowered and next support zone will be in the range of 19239 and 19202. Resistance on the upper side will be near 19557 and 19666. Mostly it looks like Nifty will test further supports only rather than resistances this week but you never know.
NIFTY SYMMETRICAL TRIANGLE FOR 02/08/2023BUY ABOVE - 19760
SL - 19730
TARGETS - 19790,19820,19870
SELL BELOW - 19700
SL - 19730
TARGETS - 19660,19610,19560
Previous Day High - 19790
Previous Day Low - 19700
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.
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.
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