In daily time frame Nifty can be considered as in down trend up to 18837 level, and may remain in same trend if it opens below this level, chances of which looks less based on current level of SGX nifty. However we will plot support levels based on today’s high, but breaking of this level may shift the support levels up to some extent. For tomorrow, a zone...
Nifty analysis in live market and trade plan on 23rd June
Bank Nifty Important support and resistance levels for tomorrow, Thursday, 22nd June. Major Trend in daily time frame Negative
Nifty important support levels and trade plan for tomorrow, Tuesday, 20th June If Nifty opens between 18775 and 18714, will prefer to go for a bearish trade after crossing 18714 level with a price action. Can go for a credit spread in this trade. Buy 18800 22nd June Exp at Market Price Sell 18700 CE 22nd Jun Exp at Market Price Target 1 will be at Nifty spot...
Bank Nifty analysis and trade plan for Monday, 19th June In Daily time frame Bank Nifty is in downtrend, forming lower highs, and on Friday, it formed a bullish candle which can be termed as a pullback in its current downtrend. On Friday Bank Nifty tried to break the Fibonacci .786 level marked in dotted line, but was unable to sustain and at the same time was...
Nifty important levels and trade plan for tomorrow, Friday, 16th June Nifty Major Trend- Bullish No Trade zone- between 18702 and 18730 Support Levels – 18674, 18646, 18606, 18555 Resistance Levels- 18759, 18787, 18815 In case of flat opening, between 18674 and 18702, will wait for nifty to cross 18674 level to initiate a bearish trade, with limited quantity up...
Nifty important levels and trade plan for tomorrow, Thursday, 15th june
Nifty important levels for tomorrow, 14th June *Support and resistance are based on Fibonacci levels*
Nifty important levels and trade plan for Tuesday, 13th June
#CROMPTON Positional Trade Idea In Crompton Buy CROMPTON JUN 285 CE at Last Traded Price Sell CROMPTON JUN 280 CE at Last traded Price Entry- Below 273.25 (Preferably with a price action in case of opening above this level only) Stop Loss- 274.7 Target- 265.9 Validity for order execution- 1 day *personal opinion, not a trade advice*
Nifty probable important levels for tomorrow, Thursday, 1st June, 2023
Nifty important levels for Wednesday, 31st May *opinion, not a trade advice*
Nifty important levels and trade plan for tomorrow, Tuesday, 29th May Nifty Major Trend- Bullish No Trade zone- between 18639 and 18577 Support Levels - 18533, 18469, 18420 and 18366 Resistance Levels- 18700 and 18782 Key Point- Narrow CPR for tomorrow, can expect a trending market Trade Plan- Will initiate a bearish trade after Nifty crossing 18577 in case of...
Nifty important levels for tomorrow, Thursday, 25th May
Nifty important levels and trade plan for tomorrow, Monday, 15th May Current trend of Nifty in daily time frame is little dicey, and in current condition, we will have to wait for Nifty to break certain levels to term it as bullish or bearish. However, we have marked probable important support and resistance levels for tomorrow, and we will try to make a trade...
Nifty important levels and trade plan for tomorrow, Monday, 15th May Current trend of Nifty in daily time frame is little dicey, and in current condition, we will have to wait for Nifty to break certain levels to term it as bullish or bearish. However, we have marked probable important support and resistance levels for tomorrow, and we will try to make a trade...
Nifty important levels and trade plan for tomorrow, Friday, 12th May Nifty current trend in daily time frame- Correction of an uptrend. Major Resistance- 18135, 18340, 18383, 18415 and 18452 Major Support- Support zone between 18277 and 18271, 18247, 18209, 18161 and 18099 Trade Plan- Bellow support zone will enter into bearish trade. Limited quantity up to...
Nifty important levels and trade plan for tomorrow, Thursday, 11th May (US inflation data is due today at 6 PM, but we are going ignore its influence on tomorrow’s opening, and will plan normally) Major trend for Nifty - Bullish Important resistance levels- 18350, 18387, 18437 and 18497 Important support levels- 18232, 18198, 18165 and 18115 No trade zone-...