#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.
Niftyview
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.
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 Breakout or Breakdown Risk Reward 1:3 TradesRules:
In this approach, Once Breakout or Breakdown levels are breached, we initiate Long or Short positions accordingly with Proper stop loss as mentioned in the chart. Since the Risk Reward is 1:3, we can take a maximum of 3 trades.
If we follow this approach, over the long run, money is gained.
A trader is advised not to treat these setups as lottery tickets. Since only I know why these work (while others may not), only I have the conviction to trade them in real market. So kindly treat them as educational trades only.
Happy Trading!
#NIFTY Intraday Support and Resistance Levels - 01/08/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19770 level and then possible upside rally up to 19860 & this rally can extend another 100-120 points if market gives breakout 19870 level in today's session. in case nifty trades below 19730 level then the downside target can go up to the 19620 level.
Downtrend Channel Pattern Breakout in oracle fin servORACLE FIN SERVICES
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Downtrend channel Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3960+.
✅Can Go Long in this stock by placing a stop loss below 3820-.
#NIFTY Intraday Support and Resistance Levels - 31/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19650 level and then possible upside rally up to 19750 & this rally can extend another 100 points if market gives breakout 19760 level in today's session.in case nifty trades below 19630 level then the downside target can go up to the 19520 level. also reversal possible 19750 level.
#NIFTY Intraday Support and Resistance Levels - 28/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19710 level and then possible upside rally up to 19820 in today's session. in case nifty trades below 19690 level then the downside target can go up to the 19580 level.
NIFTY--Again 20K ??After a strong fall price is again showing strong bullishness from the zone 19625 levels.
If this is a retracement tomorrow again falls, if its a buyers move it will again reach ATH again.
Until price breaks this level don't go for short...
keep on buy side price will again test ATH levels, Bearish gap left at ATH may fill.
So based on price opening will decide to go long or short.
Note::
If price breaks 19600 levels, it again gives us retracement...then will go for short side...
#NIFTY Intraday Support and Resistance Levels - 27/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19800 level and then possible upside rally up to 19920 in today's session. in case nifty trades below 19760 level then the downside target can go up to the 19640 level.
19750 and 50 Hours EMA at 19723 major supports for Nifty. 19750 and 50 Hours EMA at 19723 major supports for Nifty. Below these 2 levels the support for Nifty will be near 19621 and 19516. Nifty becomes vulnerable and bears can tighten their grip below 19516. Below 19516 only 19347 is the major support (200 Hours EMA). Trend can change to bearish below this level.
Resistance on the upper side for Nifty will be near 19827 and 19890. If these resistance are crossed Nifty will once again look at aiming towards 20K mark if it able to conquer final 2 resistances at 19939 and previous high of 19991.85.
Mid-Channel Support and 50 EMA on Hourly Parallel channel BrokenMid-Channel support and 50 hours EMA on Hourly Parallel channel is Broken and now the next support for Nifty is only near 19633. Other supports for Nifty are near 19572 and 19516. 200 EMA which will be like major support for the existing rally is near 19289. Below 19289 the Rally may fizzle out and bears will strive to take control. Resistances on the upper side will be the zone between 19708 to 19761 (Major resistance zone now as it will have several resistances including 50 hours EMA and Mid channel Resistance). Crossing this zone is difficult but if Nifty does cross it next resistances will be near 19827, 19890 and finally 19939.
NIFTY INTRADAY LEVELS FOR 25/07/2023BUY ABOVE - 19730
SL - 19700
TARGETS - 19780,19820,19890
SELL BELOW - 19670
SL - 19700
TARGETS - 19630,19570,19510
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.
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 pre market analysis25JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: sell if it breaks yesterdays low(PS-100%)
gapup: for gap up wait for price-action and sell if it comes down after some price-action(ps-50%)
we will buy only when market closes above 19785 (PS40%, if gives breakout after 12 then 60%PS)
gapdown: we will sell after negative price-action
on big gapdown we will buy if market makes 5 min bullish candle