Nifty : Daily AnalysisAfter yesterday's BIG move due to HDFC Twinc now Nifty need to be cool down to go more.
Currenlty, Nifty is trading in triangle patter. its verymuch imporatant for Nifty to corss yesterday's high and sustain. currently it is forming double top patter on 15 min time frame.
Down side 17900 is very much important support zone for Nifty. if nifty sustain and not cross it, we may see 18340 - 18500 and 19220 possible by April end.
If not sustain & break may go 17730
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
Niftyview
Nifty50 view for 29/03/2022Market was volatile today and during the second half gave a up move and consolidated near the resistance zone.
Nify has closed below the 50% of fib levels and Resisitance zone.
Market looks bullish for tomorrow but has remained volatile in 17200-500 range.
Support :- 17190, 17100
Resistance :-17225-30, 17320
Wait for the candlestick pattern to form near the levels before entering the market.
NIFTY : Analysis for 24rd MarNIFTY taken resistance from weekly time frame & reversed back. As mentioned yesterday Nifty unable to cross major resistance.
Now we may have to wait more.
Nifty levels for tomorrow available on chart
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
Nifty : Intraday LevelsNifty
Bonce Perfectly and ready for gap up opening.
Support & resistance are on chart
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
Nifty50 view and tradr setupNifty closed on a bullish note on last trading day.
Market trend reversed in the second half of the market.
Nifty is just below the resistance levels of 17321-17340.
Support levels:- 17190, 17100, 17000
Resistance levels :- 17340, 17500, 17600
Wait for the market to give a movement in either direction. The market may consolidate as market moved very bullish in second half of the day.
Proper price action near the levels will give a confirmation for trade setup to enter.
NIFTY : Analysis for 22nd MarNifty traded as per our yesterdays levels
today its traded between one range and taking support & resistance accordingly.
once we can see bullish candle near support or Bearish candle near resistance we may enter with small SL.
You can study at your side before entering in trade.
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
Nifty Update on 18th February 2022
I tried to explain everything on the chart to understand the price structure and where we were trading. I have used the hourly chart to describe, but it's the same daily and weekly. Index swings, highs, and lows were messy, clearly an nondirectional market.
Intraday
===============
Intraday is very tricky and asks the expertise and experience both Sideways market is not easy to trade for novice traders. I am not demotivating to anyone. Try to explain what kind of market it is and what risks are involved.
INTRADAY RESISTANCE :17,350
INTRADAY SUPPORT : 17,200
Rules you must follow in Intraday.
1) Choose your segment Wisely
2)Avoid holding the overnight position
3)Minimum Position size
4)Use stop loss in the system
5)Closed the Terminal if target achieved
Understanding the importance of these trading rules and how they work together can help a trader establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of s
Important levels for NIFTY 16.02.2022Dear All,
Chart has all the required levels for trades to be executed on 16.02.2022
Nifty has already filled the gap, there is a chance for it to move upwards and if it breaks the zone then we may see another uptrend.
*** Be cautious as gap has filled, profit booking may take place ***
Thanks & Regards
Your feedback is highly appreciated
NIFTY Nifty technical analysis.
Till looks bullish yet after 3% fall at 16800 levels. Nifty took support at a strong Demand zone of around 16940-16970. If the pattern hold might 16400 be protected for now till it achieve a new higher levels.
NB: The chart analysis is for educational purpose only. Its full my personnel view. Place your trade before consulting your financial advisor only.
NIFTY-03/02/2022 REPORTHello Traders,
NIFTY@03/02/2022
-----------------------
Opened as a gap down, below PDH. Market was rejected at IMP level then went to near S@2
Please do share your thoughts in comment section.
Please hit a LIKE , it motivates me to do analysis and do share with your trading friends.
NIFTY FUTURES - Important levels to watch out for 21.01.2022Chart has all the explanation so please do read the chart well
On the day time frame we have rejection at the lower side of the candle
On a 15 minute time frame it looks like a bearish flag pattern has been formed but with signs of reversal
There could be a reversal in tomorrows session
All the best for tomorrow
Your feedback is highly appreciated
NIFTY | Likely to continue downtrend.When it comes to the technical analysis of NIFTY, it is in a downtrend.
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Nifty rising in a steep Channel, but will the momentum sustain?Nifty is rising in a steep channel the momentum can sustain if important resistances are taken down. Resistances on the upper side are 18294, 18345, 18440, 18510 and finally the ATH high of NIFTY which is 18606. The supports on the lower side are 18133, 17973, 17819, 17617 and finally 17553 which is 50 EMA. Below 17553 weekly closing the bears will take control of the market for a while. The next week will decide if we will see a new high or there will be more consolidation.
NIFTY | Still in Bullish Trend.When it comes to the technical analysis of NIFTY , it is in an uptrend. Right now price is staying near 17818. But it is not a good idea to go long from that price range. And the price is a tad far away from the previous demand area; which means the price is expensive right now. So you should only buy the security if the price pulls back to the previous demand zone; where price is cheaper. There is a good chance the price might get rejected from the previous supply area. So you could expect a pull back to previous demand zone. If it does, you may go long by placing the stop below the demand zone. Your targets are T1, T2 and T3.
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
NIFTY - Next week Analysis🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Nifty update on 20th December 2021Good Morning, everyone. I hope you guys had a great weekend and enjoyed your family time. Let's get back to work and talk about the nifty first. The Index has shifted its intraday range which was valid since 14th Dec, Sentiment is still negative, and Index is falling from every swing high, which is a clear sign that profit booking is continuing. The Index has closed lower than 17,000 and is testing its strongest demand zone again (16.800 to 17,000).
India USD and SGX are trading on a flat note, and I am accepting a small gap up or a flat opening.
30 Minute time frame
========================
Intraday Resistance: 17,110
Intraday Support : 16,950
Long can build above 17,110 for the target of 17,200
High Probability trade is short side lower than 16,950 for the target of 16,850 .. You can hold your position if 16,800 breaks in the intraday.
Daily Time Frame
==================
Index wider range is 17,650 to 16,800. The Index is going to test its demand zone again. A breakdown will cause more bloodbaths, and Index can test 16,000 in a couple of weeks.
Trade Accordingly.
Good Luck