Altogether, three trades setup were there today for NIFTY, But I was able to take only the first two. Notes: - The third trade was highly risky, as the OI Data was just positive in small numbers, and on the other side BANK NIFTY OI Data was negative. - Today should've opted for Credit Spread/Debit Spread on the second trade, as there was theta decay in the...
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Nifty 50 analysis /market will crash soon 2024/ now market fare valuation, will correct best opportunity for long-term investment 1.Nifty50 support 18,000rs second support 15,000rs 2.now nifty PE/30 3. A SMALL CORRECTION IS GOOD
Even though last week was a roller coaster ride and all were bullish , even though with the same government it is hard to go with the bullish sentiment . I would still go with shorting as it has been almost 50% of recovery and now it go can down with much faster pace
If you're interested in trading Nifty 50, here are some support and resistance levels that you may find helpful.
BUY ABOVE - 22390 SL - 22350 TARGETS - 22440,22520,22580 SELL BELOW - 22310 SL - 22350 TARGETS - 22270,22230,22170 NO TRADE ZONE - 22310 to 22390 Previous Day High - 22440 Previous Day Low - 22270 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...
Futures seems to have broken the resistance, but is seeing selling at the moment. So I belive we will see and test the Support now.
BUY ABOVE - 19620 SL - 19580 TARGETS - 19680,19730,19765 SELL BELOW - 19500 SL - 19530 TARGETS - 19440,19350,19300 Previous Day High - 19620 Previous Day Low - 19500 Watch that major trend line... after breakout that trend line only we can expect buying chance in the market I am sharing NIFTY levels this levels acts as important support & resistance for...
Today nifty has made bearish candle. tommorow it goes below todays low then selling pressure may come because still buyers are holding there position. short covering will happen also new short seller may come. so be ready for short.
BUY ABOVE - 17660 SL - 17640 TARGETS - 17745,17820,17900 SELL BELOW - 17580 SL - 17640 TARGETS - 17500,17410,17310 Trade Safe & Happy Trading Guys This is only for educational purpose so TAKE YOUR OWN RISK REWARD
One more support for bull case scenario for NIFTY is DXY closing below 106 level. Till it below 106, long side may have better risk reward in case of Indian stocks. Two things are to be looked into DXY below 106 and VIX below 16. That will surely help bulls. One more important parameter is to be watched for is 10 Year G-Sec. It must stay below 7.50% for any upside...
Nifty and Bank Nifty analysis for Wednesday, 15th February *strictly personal opinion, not a trade advice*
Nifty50 opens with a gap today at 18131 vs the previous close at 18105. Today formed a bullish candle closed near the day's high. The price structure looks good and may continue to go up further to the next resistance level. The next resistance is at 18385- 18420. Immediate support at 18100
Nifty 50 Updated chart ~ Ignore previous bullish chart & coming days we can expect more pain possible, #dow30 chart also still giving bearishness indication. Nifty Target & PRZ (i) 16637 (ii) 16292
Nifty Hourly Bullish BAT D point is anywhere between (1) 0.886 retrace of XA Leg (2) 1.618 BC projection (3) 1.272 AB= CD ABCD Extended RSI is oversold, Confirmation of Bullishness only when 15 min EMA10 crosses 15 min EMA20 from below. SL is below 17K for now.
Price- action theory we would sell if market behaved in this way
Good setup has been created and given a breakout of the Trendline so good entry time to trade #swing #positinal
How to trade on nifty .we can learn from this chart