Pin Point Predictions Of Nifty For 20-3-2Hello Traders,
The chart marking shows the price action which would help in your trading to make right decision at right time. For more Details check below.
Niftyview
Classical Japanese Candle Pattern.As evidenced An Evening Star Formation has been witnessed before in Nifty Sweety everytime a Doji in Short Recovery fundamentals have occurred. I stay strong on my position 16800 PE for this expiry can last till 16500 PE.
Zig--zag correction to end soonNifty seems to be completing a zig-zag correction soon. Then we see a bounce of at least 3 waves if not 5.
The nature of bounce we get shall decide whether we are heading for new highs or more correction is in store!
I shall update the idea accordingly.
Thanks for reading :)
#NIFTYFUTURE #niftyfutures #niftyoption #Elliottwave #NSE #StockMarketindia #niftyupdate
Nifty technically long now for immediate short term Mar'2 seriesIn daily chart, RSI seems to make short term bottom for 50% retractacement which is nearly 17400 in March series itself.
Technically if we look at past trend from Nov 30, 2022 when Nifty topped 18830 from there after every fall RSI has been bottom out around 35-36 levels and from there 50% upside has been retraced. Hence in short term nifty can quickly surge to 17450-500 levels in Mar series.
On the other side if this falls continue which is not a likely bias then lower side will find a minor support around 16725-50 there after 16250-75.
NIFTY ANLAYSIS FOR 17-03-2023,NIFTY LOOKS BALANCED , KEY LEVELS NIFTY ANALYSIS FOR TOMMOROW nifty analysisFOR 17-03-2023,nifty looks balanced , key levels are marked, we can expect sideway move
Nifty Doji, full view for trade Relief for BullsNifty Doji close
At Important Support Level
Can be in no trade zone. Till 17150 is taken out on hourly or daily close basis. Can try buy in dips till 16750 is not taken out
Nifty: Importance of 17750-17830 Zone.There are two conditions.
1st: Bullish price action from 17750-17830 zone will take price to the next Supply Zones on the upper side.
2nd: Bearish price action from 17750-17830 zone will take price to the next Demand Zones on the down Side.
nifty50 spot view in dcbNSE:NIFTY presently trading at around major support zone and as well as 50% fibonacci retracement zone, hence we may see a reversal move from hereon.
Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment advice/recommendation. SEBI unregistered independent trader/analyst.
NIFTY : Levels for 16th Mar
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
NIFTY50 MONTHLY CANDLE HISTORICAL PATTERNInteresting fact from 2009 to 2022,
if you see after every Three RED Candles,
4th candle turned in green & moved towards ATH. In 2015 to 2016 it reversed after 5th Monthly candle.
So not to panic history will repeat either this month or next month.
im just waiting for right opportunity
youre welcome.the last shakeout, expect a trading trange around 16600 levels. ATH incoming. Sector wise capital rotation would be benefecial with special eye on Infra, Energy, Defence. This could be The decade for India.
NIFTY : Levels for 15th MarNIFTY level marked on Chart. its already break daily support and we can see bears are in power since two days
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
Nifty is in a downward channelNIFTY seems like moving a downward channel. Can look to short NIFTY near the upper side of the channel with stoploss.
Some pullback possible Index is forming a falling wedge near support in nifty so if there is breakout then possibly we can see some pullback in index. be careful short sellers
Morning Mantra - 15th March 2023Dear All,
We are just seeing the effect of the breakdown level of 17300. Wherein, it seems that Nifty is on its journey towards 16800.
On Monday, we had seen Nifty taking a support at 17180 . However, unfortunately the stated level of support was violated in yesterday’s market.
So, as of now, we will have to wait and watch for Nifty to either make a breakout of 17180 level , or to take a major support at around 16800 .
Till then be stock specific and be cautious.
Regards,
Alok Daiya
SEBI Registered Research Analyst
NIFTY : Levels for 14th MarNIFTY broken major support yesterday and after that we seen bears are active full day. As mention earlier it may touch weekly support as already break daily support. Keep eye on it.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
Review and Trading plan for 14th MarchNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
demand zone form and its struggling to go down but my go upso guys here is the simple setup to buy if the 15 min candle close at the level then you simple take entry in nifty
Major break down niftynifty 50
BEARS take over no long position will only sell calls on every bounce from here till next update bulls will have to take over 18000 levels to take control 17700 major hurdle now 14900 targets in may or june
NIFTY : Support zoneNIFTY is near support zone. now 17300 is very much important for Bull to support. it may be less chances but lets see everything is depend of battle fight between bull & bear.
Follow Price action purely and decide your entry.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
Morning Mantra - 13th March 2023Dear All,
Finally, once again Nifty took a beautiful support at the level of 17300 on Friday. Also the Index made a beautiful bullish reversal pattern , called hammer on the daily chart.
Well in our weekly analysis , we are quite optimistic for the market as of now. However, in case Nifty breaks the level of 17300 on closing basis for panic creation , then 17180 will work as a speed breaker in between 17300 and 16800 level.
So, keep patience and be stock specific.
Furthermore, as of now, 17800 will once again work as a strong resistance for the market.
Regards ,
Alok Daiya
SEBI Registered Research Analyst
Pin Point Predictions Of Nifty For 13-3-23Hello Traders,
The marking Predictions are done to make your trading understanding easy . For more details can see below. Every part of trading aspect is explained in details.
Morning Mantra - 8th March 2023Dear All,
The last 2 trading days were indeed amazing for the bulls , as we had got to observe a beautiful bounce back of approx 500 points from our stated support level of 17300.
Moreover, as we have witnessed in the last couple of weeks, the level of 17800 has emerged as a magical level for Nifty , which has simultaneously worked strongly as a Support and Resistance.
Furthermore, on Monday itself we had clearly mentioned about 17800 as a level of resistance for the Index and the same was accepted by the Market itself , as it made a high of 17799.95 , followed by a major supply from the stated level.
So for now, let's keep our fingers crossed for a positive breakout of 17800 level , for 18170 and 18400.
Until then, continue being stock specific and keep following the Cherry Picking strategy .
Regards ,
Alok Daiya
SEBI Registered Research Analyst
