Nifty will be gap up opening in today's session. After opening nifty sustain above 21530 level and then possible upside rally up to 21650 level in today's session. in case nifty trades below 21500 level then the downside target can go up to the 21380 level.
Nifty is still trading in a channel... wait until price breaks this channel for complete bearishness... as of now no sign of bearishness is observed in NIFTY... If price failed to move again from the channel bottom then will think of bearishness.
As I posted earlier in my previous post yesterday, FINNIFTY went to cover the unfilled zone on the marked levels today, successfully hitting the marked zone. Coming to the chart of NIFTY, it can be seen there are some old dues for this index to clear as well, which can be expected as early as tomorrow since the unfilled zone of 550-480 can be seen just below...
As we have discussed, Nifty has been moving upwards in the channel. Now, it has broken down to the lower channel, which shows a bearishness in the NIFTY behavior. There is a high probability that it will now continue in the lower channel as a bearish trend. OI data also confirms its bearish nature with PCR = 0.70. it will be bearish for now. Reasons: It has...
As you can See in the Chart, Nifty's getting weaker also confirmed by RSI, and we got a divergence it's not very strong but enough for sideways or a bit of correction in the market.
The yellow marked lines are important levels of Nifty for Tomorrow. One can use them as support and resistance levels.
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
Nifty will be gap down opening in today's session. After opening nifty start trading below 21700 level and then possible downside rally up to 21580 in today's session. in case nifty trades above 21750 level then the upside target can go up to the 21870 level.
Range breakout in Daily Timeframe. Has confirmed by follow up candle. Pure But on Dips Positionally.
Nifty is facing a trendline resistance near 21800. 22000 seems to be the top for the current hourly parallel channel with a strong resistance near 21800 and 21891. There are various levels of support for the Nifty from the current level are 21676, 21597, 21526 (Strong Support 50 hours EMA), 21397 and 21239 (Channel bottom). Either 20995 or 20883 can be the turning...
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.
Hello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500 If the Banknifty gap up opening sustains Below 48000 and takes resistance below 47900 then the open Targets for T1-47700,...
Marked are the levels which are important support and resistance for tomorrow 27th December 2023
Nifty continues good show and ended the day above mid-channel resistance. Nifty right now looks pretty fairly placed to touch the previous high or end making a new high. Top of the currently looks near 21800. The resistances on the way towards top of the channel are at 21483, 21541 and 21592. Crossing and closing above 21592 will open the doors for 21800....
Hi, Here I am sharing Nifty50 upcoming days support/resistance levels. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Nifty today stopped at mid-channel resistance of hourly channel. holding above 50 hours EMA (Mother Line) was a significant step in recovery towards recent high that Nifty made earlier this month. Supports for Nifty 50 remain at 21302 and 21258 (Major support - 50 hours EMA) mother line. If we get a closing next week below 21258 the Nifty can fall further to 21113...
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...
Hello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500 If the Banknifty gap up opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300,...