Nifty showing strong bullishness from Golden Zone... price is now at breakout level, if price breaks above then liquidity on topside will done at 21880 and 21950 levels. If price unable to breaks the upside...a Drop base drop is going to observe from this levels. On bottom side we are left with bullish gap 21400 levels... if price unable to break above price...
NIFTY Index is now at golden zone of fibonacci we are still left with some more points on the bottom side at 21500-21520 levels... previously a strong bullishness is observed as well from this zone... price is also trading narrow in a trendline most chances of breakout from this levels... wait for the price to break the trendline and retest for longer...
Bullish Scenario:: ----->> if price breaks the trendline on topside.. price will reach ATH, and facing resistance at ATH.. before going to reach ATH ,on topside we have intermediate resistances at 22050 level.. ---->>if price opens upside above 21950...we have consolidation chance between the trendline and 22050. If price consolidation for the entire day,...
look for bearish from 22050 and trendline... Keep in long side as long as price is above the 21950 levels... if you want to go short wait for the price to facing the resistance from 21875 key zone If price takes the support at trendline or 21950 go bullish by keeping the SL at Key zone. we have a chance of consolidation between the zones 22050 and 21950 and...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21810 level and then possible upside rally up to 21930 level in today's session. in case nifty trades below 21760 level then the downside target can go up to the 21640 level.
Nifty will be gap down opening in today's session. After opening nifty start trading below 21730 level and then possible downside rally up to 21610 in today's session. in case nifty trades above 21810 level then the upside target can go up to the 21930 level.
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...
Looks like nifty might has more chances to test the following targets this week, lets see what happens Target 1: 22190 Target 2: 22260
As of now NIFTY INDEX is still in Bullish. now price is trading near its resistance zone... today's trading session is important to continue moving upwards... if price consolidation price will break the resistance.... we have a trendline liquidity below 21600 levels.... If price unable to break above liquidity will be finish...keep in long side as long as price is...
As described yesterday again the same resistance zone between 21964 and 22063 traps Nifty and pushes it back. Trendline is giving Nifty support and not allowing to fall drastically. The same resistance trapping the candles again and again does not help the rally and makes it weak. Thus the shadow of Nifty is negative. Resistance and Supports for Nifty are as...
Need some more trading sessions to analysis, to confirm upside or downside?? I am sharing the important levels of Support and Resistance. These levels plays 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...
Nifty today confirmed the 50 EMA Mother line support and raced ahead only to be stopped by resistance zone near 21950-21964. Crossing and closing above 21964 will unleash further upside and can take Nifty towards 22063 or 22127. Peak of the rally based on the current trend lines can be near 22357. Supports for Nifty are now at 21819, 21779 and finally 21561....
MAHINDRA & MAHINDRA - One of the stock in NIFTY 50 . Entry - 1633 Target - 1729 Stoploss - 1580 Thank you ...
Nifty is looking bullish with targets of 22100 on almost all time frames so we need to respect that. NOTE: DO NOT SHORT
Weakness was seen in Nifty after a strong start perhaps due to situation in China and developments in the Middle East as tensions are escalating to a certain extent. Purely on Technicals there was a shooting star daily candle formed on Friday and today on the hourly chart a miniature sort of Head and Shoulder pattern is formed. These to formations indicate...
Nifty near @Support Zone ..Wait for rejections or breakout of S/R Zones. Bullish>21900 Bearish< 21750 All views for Educational Purpose do your own analysis before initiate trades.
Nifty may have/ completed wave b of the Flat correction.. it can still go for 22300-400 levels but w=y equals at exact high.. So we can fall 1000 points again in the coming week.. Risk reward look excellent if todays closing is below 22124.
Nifty index is created a demand zone at bottom levels... strong consolidation is observed today on top at Supply zone, liquidity grab is also done above the same supply zone... if it forms a double top here it is likely to test the demand zones lies below 20800 levels if it failed to make it, then a long continuation may again happens from 21300 levels.... keep...