Hello Traders, Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 16th, There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area. The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular Day! The Blue Arrow Path Showing The...
Nifty Medium Term Outlook: Nifty saw a good closing on Friday as it closed comfortably above 22K at 22040. The closing today has opened the channel going towards new All Time High (ATH) and perhaps go further up as well. The previous ATH that is 22126. The top of the channel seems to be near 23369 but Nifty will take a lot of time to reach there and lot of local...
Nifty Today broke out from the shackles of the trendline resistance. further Nifty alos re-tested the resistance and gave a positive closing making the shadow of candle for tomorrow positive. 21955 is the final resistance remaining before Nifty cracks 22K again. 21794 and 21870 were the supports that were tested today. Once 21954 is crossed further resistances...
Disclaimer: I am not a financial advisor and this analysis should not be considered financial advice. Please do your own research and due diligence before making any investment decisions. Current Status: The NIFTY50 closed at 21,910.75, up 0.32% from the previous day's close. This suggests a continuation of the recent uptrend, but volatility...
Hii, Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 15th, There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area And One Resistance Became Support Zone. The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular...
Hii, Here is a Brief Overview About The Analysis of FINNIFTY For Feb 15th, There Are Total of 3 Support Zones Which You Need To Look For And Same 3 Resistance Zones The Lines Which is Marked As Option Chain's Open Interest Levels of Volume And Change in Open Interest. The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in That...
🔴 Resistance - 21916 🔴 🚀 Target - 21967 - 22036 🚀 🟢 Support - 21871 🟢 🚀 Target - 21759 - 21700 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Today we saw a major fightback by bulls and closing above 2 major resistances which were 50 and 200 Hours EMA after a super negative start(Gap down due to unfavorable US Inflation data). The closing however is just below a resistance of 21872. A positive closing again tomorrow will give more power to the bulls. Shadow of the candles today is positive. Nifty...
The whole move in NSE:NIFTY from the high of 22124 on 24th January this year looks corrective in nature. We seem to have completed W and X legs of the complex W-X-Y correction so far and Y seem to be unfolding. Y is typically the largest leg so we will likely see sub-21K levels soon. For the time being, #NIFTY is falling in a channel and top end of the channel...
Nifty made a decent recovery effort on the back of short covering in some of the oversold Nifty stocks but again 50 Hours EMA Mother line proved to be too powerful resistance and stopped the dash of Nifty which was aiming to go further. Also there is a trend line created resistance which might hinder the growth of Nifty Further. It looks like Nifty might squeeze...
Strong Sell off continued in Nifty with major sectors like PSU and Private Banks, Public Sector companies, Small and Mid-Cap seeing no respite in mass sell off. In one way the sell off will cool down the RSI. Lot of these companies are seeing a cuts like hot knife cuts through butter slab. Amongst the fallen the companies which have given good results or seemingly...
Rising Wedge Banknifty on Daily Time Frame Downside Targets near 42200 Bera put or call spread Strategy use Do Your Analysis BEfore Take Trade
Slight Bearish to siedways move possible Fii Continues sell Evening star on daily time frame this week nifty Expiry happend below 22000 is strong Resistence
In the trade on Friday Nifty took support at the Mid-Channel support which was also a trend line support which was near 21629. The 200 hours EMA support was also nearby at 21610. So Nifty made a turn around from this support zone. The Nifty stopped and closed the week just below the 50 hours EMA resistance which is at 21795. This will be the immediate resistance...
Bajaj FInance is in a long term flat correction which started from late 2021 & it can continue for few more months. It loks like in Wave C where it can make a 5 wave fall. Minimum target should be 6443 of this pattern but seeing the impulsive wave it shouldn't stop here & we can see straight fall to 5800 levels then later on 5200-5300 levels. This pattern can go...
Nifty found rejection again from the same resistance zone described in Yesterday's idea linked to this message. Nifty Now rests near important support zone consisting of a trendline support, mid channel support and 200 hours EMA support the father line. All these are in the range between 21669 and 21600. Closing below 21600 has potential to awake the bears and...
Icici may have completed a log ending diagonal & can fall to lower line of ending diagonal for targets of 940 & 900.. Stop loss can be kept at 1050 levels.
IOCL made a strong Bullish Structure on a Monthly timeframe. It's a strong Buy on a Decent Dips. Monthly Resistance Breakout. Short Term targets 🎯 on Charts.