Nifty shows negative traits in daily timeframe, firstly it activated 5 Ema trade and secondly it give the breakdown of trend line. As we all know market faces the many hindrance i.e. international tension, electoral bond issue, few days back SEBI chief says "we are in bubble"
all these traits try to make negative impact in the market.
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure...
As we have been discussing Nifty Analysis posts NIFTY continious to it's bullish trend.
Yesterday also it gave a nice bull move as we discussed in our last expiry analysis.
Market is Strong Bullish in this week. data indicate the bullish move is not yet ended.
As market Strong resistance has already broken. So, It should act as a nice support here onwards.
Our...
Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
DARK CLOUD COVER on Daily
and rsi divergence too
Expecting a drop towards gap range of 18181-18150
if we break that range on daily close we will going to test 18k level again
Double Bottom Formation
Wait for breakout, target would be around 16150-16200 Zone.
In case of Breakdown, expect sideways movement with support near 15450-15500 Zone.
Nifty after opening gap down got a good support around 16843 and ended around 0.67% in negative at 17092. Resistances on upper side are at 17124, 17353 before it reaches major resistance of 50 days EMA at 17445. On the lower side today’s low 16843 is a great support. Below 16843 the major supports will be near 16721 which is 200 days EMA and 16419. If Nifty goes...
What we saw today in the market was volatility led by geo-political moves. Every positive news sent the Nifty up and negative news sent nifty down in a day full of fluctuating fortunes. Nifty index ended close to 70 points in negative but Mid-cap and small-cap index were bleeding with deep cuts as Mid cap index ended 1.24% negative, small cap index was hit worse...
Hello
Welcome to this analysis about NIFTY , we are looking at daily timeframe perspectives. NIFTY is developing here that will be a decisive factor in the upcoming times. I discovered the main formation NIFTY is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how NIFTY has emerged with...
Important levels and my reading of NSE:NIFTY and NSE:BANKNIFTY for tomorrow, 19th May 2021.
Disclaimer: not SEBI registered. Please like/share/subscribe on YouTube if you found this helpful and follow on TradingView.
Important levels and my reading of NSE:NIFTY and NSE:BANKNIFTY for tomorrow. Disclaimer: not SEBI registered. Please like/share/subscribe on YouTube if you found this helpful and follow on TradingView.
Bearish Crab Pattern Completion
Market is consolidating for past two days
Nifty has Double top formation near Crab Completion
Though it took out my stops on previous trade, we got another chance to enter at more better spot with Double Top.
While I am posting this its forming bearish doji, enter this trade after the current candle closes in Bearish mode
We...
