nifty To take resitance or to Crash down Dear all,
Today is Thursday which is a expiry day so be conscious and trade wisely as the maximum expected trend is down. so plan accordingly on your trade and make your day profitable.
Thank You.
Niftyview
NIFTY Daily Analysis - 6thJul2022 - Looks Strong!Hi Traders,
NIFTY looks strong, faces a resistance at 16000 levels.
But looking at the momentum and if the news is positive from US and Crude oil continues to stays around 100$ then we might see a good Upmove from here.
There is a Gap between 16025 - 16170 in NIFTY which might get filled up pretty soon maybe tomorrow or day after looking at the Price Action. NIFTY can also open Gap Up to directly 16170 levels.
On DOWNSIDE, we've good Demand zone between 15900 - 15925 which can act as a Strong Support.
Regards,
Anshul.
Nifty daily analysis-If market opens sideways and breaks closing of previous days then sell
- if market opens gapup then chances of volatile market is high, we will only buy when market crosses 15900
- if market opens gapdown then we will see futher priceaction
NIFTY Daily Analysis: 4thJuly2022 NIFTY trading b/w 15600 -15900Hi Traders/Investors,
NSE:NIFTY is trading between a small 300 point range n break on either side would trigger sharp volatility.
UPSIDE momentum looks strong in NIFTY as well as Bank NIFTY.
There is a Supply Zone between 15900 to 15930, which can act as first line of resistance tomorrow if there is not a gap up. There is a gap on UPSIDE between 15900 - 16170 levels, watch out for that tomorrow, it might get filled.
Chances are NIFTY might reach to 16100 levels pretty quick if the Bulls take charge on it anytime soon, 16172 is a crucial resistance level on UPSIDE.
On Downside, NIFTY can take support from Demand Zone between 15700 - 15660.
Regards,
Anshul
VIEW ON NIFTY 50
DISCLAIMER: There is no guarantee of profits or no exceptions from losses.
The technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while investing/Trading decisions.
Past performance is not an indicator of future returns. Investment is subject to market risks.
Seek help of your financial advisors before investing/trading.
Nifty daily analysisMarket is in range.
if nifty opens sideways then breakout we can buy on first candle with SL below it
if nifty opens gap up/gap down - we will se further price-action
we will not sell unless it goes down below 15680
Nifty daily analysisIf market opens flat then after breakout we will buy.
if market opens gapup we will se further price-action
if market opens gapdown then chances of volatile market is high but if make price action below 15630 then we will sell
NIFTY Daily Analysis - 29th Jun 2022 - IndecisiveHi Traders/Investors,
NIFTY is looking quite neutral as this point, waiting for the news on US GDP data.
NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline.
On UPSIDE, strong resistance is from SELL ZONE between 15927 - 15927 levels, crossing which it would go for Gap filling from 15927 to all the way till 16175.
On DOWNSIDE, There is a big Buy zone between 15690 - 15610 levels.
Regards,
Anshul
NIFTY FOR TOMMOROW - 28 June 2022Nifty opened gap up.
Did not sustain the move and closed near its low.
Though it managed to open above the support turned resistance zone i.e 15600-15800 and also managed to close above this zone.
Now for tomorrow, how the market would open would decide the trend for the rest of the day.
Gap down opening- could take nifty towards 15600 levels.
Flat opening - the market might test today's high.
Gap up the opening - the market may trade choppy.
NIFTY Weekly Analysis: 26th June. SHORT before LONG!Hi Traders/Investors,
I see NIFTY on Friday 26th 2022, couldn't close above 21st June's High price of 15707 and secondly it closed below 15700.
I know DOW and S&P500 both closed well in green with more than 2.6 - 3% on Upside.
But when I see NIFTY chart and Open Interest in the system, there are lot more Calls in system than Puts. Also, if I see FII data they sold more than 2000crores on Friday as well.
So, my trade for next week would continue to be on the downside, I don't see Bullish signs yet in NIFTY as NIFTY gave close to half it gains from High it made on Friday.
This might sound like a contrarian view against general views, but often markets do quite the opposite of what masses think. I hope I'm wrong but if I'm right you'll thank me later! :)
So, the two trendlines which you see in the chart, I'm expecting if market opens flat and then the red trendline break out on good volume on upside, I might add some LONGs.
BUT, if its a big Gap-up opening, I might add SHORTs at 16000 and 16200 levels. Remember these are positional calls and not Intraday.
Please take positions at your own risks and these are not Buy/Sell recommendation but my personal view on markets.
Regards,
Anshul
NIFTY End of Day Analysis - 23rd June 2022 - BULLISH ViewNIFTY can continue upward trajectory as its following the Upward Trendline and may face resistance from whole Sell Zone, specially at 15887 level and if it crosses this then it would be a sharp rise to 16172 for Gap filling
On Downside, today's low would act as support 15367, if it falls next support is at 15150.
Nifty50 is in Strong Downtrend momentumNifty50 is in strong Downside momentum
1. Nifty50 is forming lower high pattern which indicates market is in downtrend
2. ADX shows the short-term uptrend is weak and its show the maximum strength in downside
3. RSI is in oversold region; RSI will rebound, and Fall after Nifty reaches 15890
4. I am expecting a rejection over above 15886 level and then Nifty will create a new lower high as shown in the above chart
5. Usually in Downtrend market there will be short rally but in every short-term rally there will be huge selling
Finally,
1.Traders please focus on capital protection rather than making profits as this market is highly volatile and sideway
we need a proper confirmation in the nifty50 chart for further move so wait till nifty reaches above 15886.
2. Reduce your trading activity and wait for confirmation
Personal Advice: {if you see any rally in the market try to take short position as uptrend is very weak}
See you guys on other technical analysis idea
Thank you for spending your valuable time over here Guys
if you want to ask any question and doubts
ask in the comments section below
- Varun Raja V.K
Disclaimer
Above said points are my opinion and thoughts and its only for Educational Purpose
I am Not an SEBI registered advisor so consult your SEBI registered advisor before doing anything
NIFTY Daily Analysis - 23rd June CUP & HOLDER formationNSE:NIFTY forming a perfect Cup and Holder pattern on charts.
Top of the 15710 makes for a crucial Make or Break levels, as NIFTY can either continue upward momentum and cross the top of CUP and HOLDER, or can fall back sharply from here.
I would wait for either scenario to happen and take LONG or SHORT positions based on it.
NIFTY shied away touching SELLZone, still looks weak on Daily TFNSE:NIFTY NIFTY made a pretty good Directional move on the UPSIDE.
It touched 15700 and from there some selling came in. It almost reached our SELL Zone which is still intact.
NIFTY might face huge resistance in this Sell Zone between 15730 - 15950 levels, specially at 15887 level from where the last big fall came in.
On Downside, 15460 level is a major Support and if it breaks next level on downside would be 15157 levels.
Nifty 50
nifty50 has broken the range on daily tf (time frame)
it is now also below the ichimoku cloud on the week chart
expecting nifty to bottom out at 15200 - 15150 (50 points range)
for the target of 16000 .
NIFTY BREAK DOWNNifty Future Sys Triangle Breakdown in 1 hr with strong confirmation.
Let see its trap or Operation Bull die
All levels Marked for education purpose
Nifty 50 Weekly Analysis After rejection Nifty 50 is ready to retest 15000 level's. No bullish power showing in data .
NIFTY formed a DOJI on Daily ChartsDespite strong positive cues on World markets, NIFTY couldn't move higher.
Today's move was quite undecisive and looking at current DOW and S&P500, they're slightly positive.
This could mean that tomorrow morning we might see a small pull back towards 16665 - 16700 levels.
On downside, 16440-16480 continues to be strong support zone, which has been tested multiple times in last few days.
NSE:NIFTY
View on Nifty 50 Nifty right now looks very bullish , but in the short TF there are gaps that have to be filled .
Going Bullish on Nifty as it has a BOS .
There lies Liquidity below the equal lows made by Nifty in the past week .
After the Liquidity has been collected i spotted a clear OB which is right where i would like it to be .
We can expect Nifty to go bearish in the smaller TF for a Liquidity Sweep , after the Liquidity is Swept , that's where my entry will lie .
BULLs In-charge: NIFTY formed BULLISH ENGULFING pattern on DailyNIFTY today formed almost a Bullish Engulfing candlestick pattern on Daily charts.
Today's candle is more like Bullish Marubozu which suggests strong Bullish momentum.
BULLS are in complete charge of the market and looks like there is a Buy on every small Dip.
Now, BULLS have to break above a crucial resistance between 16665 - 16700 levels, if its able to break above it then next Target would be 16900 levels.
On Downside, NIFTY can take support from 16400 - 16490 levels, if that is broken then on downside we can see NIFTY levels of 16200.
NIFTY approaching Sell Zone, if it breaks next target 16484 lvlNIFTY has taken a strong support and inching towards the Sell zone from 16387 to 16412.
If it breaks this levels next target is 16484 lvl and it it is able to break this level of 16484, then there would be huge & quick upward rally to fill up the gap between 16484 - 16624 made during the starting of May 2022.
