NIFTY is currently moving in descending triangle. Market could move either side trade wisely.
Nifty 1hr chart double top if breakdown this levels 21513 to 21453 then it goes 21353..
Nifty will be gap up opening in today's session. After opening nifty sustain above 21730 level and then possible upside rally up to 21850 level in today's session. in case nifty trades below 21700 level then the downside target can go up to the 21580 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 21800 level and then possible upside rally up to 21920 level in today's session. in case nifty trades below 21750 level then the downside target can go up to the 21630 level.
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 21630 level then the downside target can go up to the 21510 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 21460 level and then possible upside rally up to 21580 level in today's session. in case nifty trades below 21430 level then the downside target can go up to the 21310 level.
Price has moved away from the EMA, whenever we have a scenario as such Price retraces to the latest Fresh Demand and we have a Monthly Fresh Demand formed. We have a Daily Demand exceeded by a Daily Supply hence expecting this Fresh Supply to be the Source of the Downtrend till the Monthly Demand Amazing Short position can be encashed after a...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21300 level and then possible upside rally up to 21420 level in today's session. in case nifty trades below 21250 level then the downside target can go up to the 21130 level.
Nifty will be gap up opening in today's session. After opening nifty sustain above 21130 level and then possible upside rally up to 21250 level in today's session. in case nifty trades below 21080 level then the downside target can go up to the 20960 level.
As we discussed, nifty will be forming a double top. It has completed the double top, and 21500 worked a nice resistance. Now, for today, 21500 will be acting as a nice deciding line. If it breaks above and consolidates upside, then it might go higher; otherwise, 21500 might work as a turning reversal point for Nifty. Reasons: DOUBLE Top formation is...
Nifty will be gap down opening in today's session. After opening nifty start trading below 21180 level and then possible downside rally up to 21060 in today's session. in case nifty trades above 21210 level then the upside target can go up to the 21330 level.
As we discussed yesterday, NIFTY did take resistance from the given resistance line and was sideways the whole day. For tomorrow, Nifty is expected to move into the inner zone. Two possible cases are explained in the chart. In case 1, it will be sideways in close range. If case 2, it might give you a little momentum to the downside. Reasons: EMA 50 is...
As in my last analysis we discussed, NIfty has given the breakout to bulls side it has broken the highest high. Now it's expected to move higher HIGH. most levels have been marked on chart. I am exxpecting it to retrace to 20200 levels and then once bulls take the charge nifty is going to touch above resistance trendline. It's having mild Bearish deivergence. but...
Nifty nearing all-time-high, and India VIX is rising too! VIX>13 and up-trending. In Feb 2023 we saw India VIX climbing up to 18. Purely because of National Event - Budget. This time we have even more sensational National Event - Elections! Will it breach 2023 high? All the best Option Sellers. The dance of Volatility starts!
This is a Daily Source Supply to Daily Destination Demand downtrend. Equilibrium and the Location of the Price on the Equilibrium. Short position with an amazing Reward to Risk ratio ENJOY THE RIDE !!!
price broken the trendline and retested...then gap down or gap up. we have a strong demand zone at 19360level...price may again rise from this level.. previously 19500 is a strong resistance, if price again acts as resistance in this zone will observe a fall up to 19300 and 19200 levels. otherwise price breaks the resistance and have chances of testing the 19600...
As we discussed, a neutral view of NIFTY moved sideways the whole day by gaining +36 points. Right now, NIfty is at a really crucial point where it might go from the 19550 to the upside, where it might face the 4H-TH trendline as resistance. Tomorrow's nifty has expiry, which means it might be sideways with high probability. Expiry is likely to end in...
Nifty formed a Head and shoulder pattern and now in retesting area, new sellers can enter with conservative mind. Target mentioned in chart kindly check it.