Nifty will be gap up opening in today's session. After opening nifty sustain above 22340 level and then possible upside rally up to 22460 level in today's session. in case nifty trades below 22310 level then the downside target can go up to the 22190 level.
Nifty gave a weak closing today below 50 EMA (Mother Line). Which indicates that there can be more downside. However there will be support provided by the Mid-Channel support which is near 22263. If this support is broken further supports might be near 22129 (Trend line Support) or Father Line 200 Hours EMA near 22057. Resistances on the upper side for Nifty will...
nifty looks bearish on 15minutes timeframe, it forms double top pattern at higher level.
Nifty will be gap down opening in today's session. After opening nifty start trading below 21900 level and then possible downside rally up to 21780 in today's session. in case nifty trades above 21950 level then the upside target can go up to the 22070 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22210 level and then possible upside rally up to 22330 level in today's session. in case nifty trades below 22170 level then the downside target can go up to the 22050 level.
Nifty50 Daily Chart Analysis as of February 23, 2024 Disclaimer: I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions. Overall: The Nifty 50 closed at 22,213 on February 23, 2024, marginally down by 0.02% from the previous day's close. Despite the minor dip, the index has been...
Hello Traders, Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 22nd, There Are Total of 3 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area And We Have 5 Imbalance Zones! The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular...
Nifty Short , Medium & Long Term View-12-Feb-24 to 16-Feb-24 Nifty closed at 21782.5 ( Prev Close 21853 ) and touched low & high of 21629 & 22053 RSI and stochastics levels reduced this week( 54.5% & 65% Respectively). Market is in indecisive state, could not take any direction as it could not surpass the previous all time high 22117 decisively. Earlier 30%...
Nifty will be gap down opening in today's session. After opening nifty start trading below 21500 level and then possible downside rally up to 21380 in today's session. in case nifty trades above 21550 level then the upside target can go up to the 21670 level.
Nifty Short , Medium & Long Term View-29-Jan-24 to 02-Feb-24 Nifty closed at 21352 ( Prev Close 21571 ) and touched low & high of 21136 & 21736. RSI and stochastics levels ( 47% & 21 % Respectively). Stochastics is in oversold zone. Market saw huge volatility in the last two week of around 1000 Points, especially fluctuated after results of HDFC bank. Nifty IT...
Nifty Short , Medium & Long Term View-23-Jan-24 to 25-Jan-24 Nifty closed at 21571 21894(Prev Cloase 21710 ) and touched low & high of 21293 & 22126. RSI and stochastics levels ( 53% & 35 % Respectively). Stochastics is moving towards oversold zone. Market saw huge volatility last week of around 850 Points, especially fluctuated after results of HDFC...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21500 level and then possible upside rally up to 21650 level in today's session. in case nifty trades below 21770 level then the downside target can go up to the 21620 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 21500 level and then possible upside rally up to 21620 level in today's session. in case nifty trades below 21450 level then the downside target can go up to the 21330 level.
Nifty Short , Medium & Long Term View-15-Jan-24 to 19-Jan-24 Nifty closed at 21894(Prev Cloase 21710 ) and touched low & high of 21931 & 21449. RSI and stochastics levels ( 70% & 95 % Respectively). Stochastics is in overbought zone. Market decisively closed above 21800-21850. Purchasing Nifty IT at lower levels proved effective as the Nifty IT index...
Observe the last two 15 minutes candle of the nifty chart. The second last candle was an indecesive candle with huge volume than the following last candle is a green opening morubozu with a greater volume than the previous candle, formation of the both candle is a bullish engulfing pattern. As per the previous nifty analysis for longer time frame my view was...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21680 level and then possible upside rally up to 21800 level in today's session. in case nifty trades below 21640 level then the downside target can go up to the 21520 level.
Nifty closed strongly above 50 hours EMA after testing exactly the channel bottom drawn and shown by us from last few days more upside is possible but important resistances for Nifty to cross on the way up will be 21661, 21718 and 21768. closing above 21768 will open the doors for 22K+ again with resistances at 21830 and 21927. Supports for Nifty on the lower side...
Nifty Short , Medium & Long Term View-08-Jan-24 to 12-Jan-24 Nifty closed at 21710 (Prev Close 21726) and touched low & high of 21839 & 21490. RSI and stochastics levels ( 69% & 85 % Respectively). Stochastics above 80 and still in overbought zone. Market was almost flat last week. Could not take decisive close above 21800-21850. Fibonacci extended resistance...