Niftyanalysis
Nifty Outlook For 9th to 13th January 2023. Nifty is looking very fragile and holding on to a major support right now which is near 17775. Mostly we should see turnaround for Nifty from this levels on Monday but in case this support is broken and we see this support broken, then we will see a freefall till the levels of 17668 and 17397.
Below 17397 we have major support of 50 Weeks EMA which is near 17336. Breaking 17336 can further empower the bears who can rule the roost from then on have a further Iron grip of the market. The resistance on the upper side are at 18000, 18125 and 18251.
A turnaround on Monday or Tuesday can bring things in balance otherwise investors will have a tough next week which can test their patience.
NIFTY50 FOR MONDAY (09/01/2023)Hello ji,💔💔
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I hope Your Week are goes Good.
Engoy the Weekend..
ON Monday trade resistance and support levels are drown.
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Whenever someone asks me Why NIFTY fell 1% today?I show them this chart.
Only once ever has SENSEX posted 7 consecutive green years. And we just made another seven green candles.
NIFTY is the highest PE index in the world.
What do think will happen in 2023?
NIFTY DOWN SIDE LEVEL 06.01.2023As per my analysis, next down side level for NSE:NIFTY is 17580. It may take 3-4 working days to reach said levels. 18080 is major resistance. We can expect up side only if daily candle close above 18080.
Note: This is my personal analysis, only for learning. Thanks.
Nifty is at critical support zonefor the last 12 to 15 days the nifty is sideways, it wavering around critical support zone where multiple price patterns are confronting.
It is interesting to see, how these patterns unfold. As of now 2 weekly inside candles are form, it likely to create a range of 17700 to 18300 level over this month
Nifty Important levels for tomorrow, 6th JanuaryNifty Important levels for tomorrow, 6th January
*opinion, not an advice*
NIFTY : View for 3rd JanNIFTY : Sellers trying to stop nifty but Bulls are working hard to hold levels. its important to watch Price action levels closely to understand who will win this fight.
Yesterday it went down and back again exactly touching indicator and created 2 green candle in hourly chart. change levels little bit to adjust price movement but my personal view is still up.
Lets see today's price action and levels.
It will motivate me to post more analysis if you can Like, Share, Comment.
Disclaimer
I am not SEBI registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
Last view :
Comment:
1st Jan : Nifty was not able to sustain and down during last session. but its hold position exactly at hour support line. Still nifty is near support zone and bull can try again with double force to back in bull zone. Lets see Monday candle pattern
Trading plan for 6th January 2023nifty -banknifty analysis and intraday plan in kannada.
This video if for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
NiftyIT - historical performance since 2007The chart shows 15 years track record of the Nifty-IT sector.
Out-performers :
1. Coforge
2. HCLTech
3. TCS
4. Infy
Under-performers :
1. TechM
2. Mphasis
3. LTIM
4. Wipro
5. LTTS
When the IT sector starts to turn and takes charge in the sector rotation, I would be rooting for the historical out-performers which create value.
NIFTY 50 VIEWNifty breaking the support zone. It is good to wait for a retracement and then the fall could be continued.
It will be good to add some puts at the 18000 zone.
Wait for a reversal from 18000 level.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
NIFTY Tomorrow for 6 Jan 2023Nifty 50 opens with a gap at 18087 vs the previous close at 18036.
Nifty immediate was resistance is at 18100-18125.
First Hour Candle did not take out the resistance nor the support, hence waited for further confirmation for new short trades.
Following hour prices did break the immediate support at 18030 and moved lower towards the next support levels around 17850
There is a formation of Cypher pattern on the hourly chart suggesting PRZ around 17900-17880.
Now what's for tomorrow
Today's candle is a bear candle with a long shadow, suggesting buying at lower areas and volatility may also rise.
The market might open flat or gap down tomorrow.
The market is near major demand 17850-17650, and rsi is also near 40 support hence careful with short trade positions, as we might see spikes.
Nifty important levels for tomorrow, 5th JanuaryNifty important levels for tomorrow, 5th January #nifty50
*opinion, not an advice*
Trading plan for 5th Januarynifty banknifty analysis and intraday plan in kannada.
This video if for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
NIFTY 50 for Tomorrow 5 Jan 2023Nifty opens flat at 18230.
As we discussed in the previous post to go up, it should sustain 18230 levels , Though it did not sustain 18230 levels and slipped through the immediate support levels { 18180-18160 } in the very first hour suggesting weakness may continue in the rest of the session, further to the next support levels at 18100 - 18050
Shorts are initiated with a stop at the day's high or midpoint of the first-hour bear candle.
We saw weakness in the next hour and following, where prices tested 18100 - 18050
No bottom phishing at support, because different timeframes are not in alignment.
Resistance at 18100- 18130
Volatility may increase
One can sell aggressively if it slips below 18050-18030, where we could see it moving fast towards 17800 - 17650 levels.
Disclaimer: Trade at your own risk
NSE:NIFTY Analysis/Prediction for tomorrow Expiry 05-01-2022NSE:NIFTY Analysis/Prediction for tomorrow
If Price opens in Marked Zone
🟢 Buy CE above 18130
✔️ Target Should be 18230, 18330
🔴 Buy PE Below 17970
✔️ Target Should be 17830
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Pin Point Predictions Of Bank Nifty For 5-1-2Hello Traders,
Hope yesterday's pin point predictions posted might helped you in your trading decisions . This chart shows price action on them. For detailed predictions of 5-1-23 check b
NIFTY TOMORROW 05-01-2023HELLO JI, 😊😊😊
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HERE TODAY support breakout, we make a small profit.
if tomorrow breaks ours green Line then free fall continue.
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NIFTY FOR TOMORROW
Hello ji,
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Tomorrow will comes out fed mins.
if -ve news comes then "cup and handle" Trade is there for tomorrow...
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Double Top with Perfect Entry 🤑Just check how perfect the trade it was!
Proper Breakdown & then perfect Entry on retest , Technical Analysis is must to become successful Trader.
Nifty is ready to shoot_up on expiry special !As i marked all level , nifty close at a strong resistane , a good gap_up opening , retest & then shoot_up !
NIFTY 50 for 4 Jan 2023Nifty 50 opens gap down at 18163 vs the previous close at 18197.
Post-opening prices didn't move lower and recovered in the very hour then went sideways only to close near the day's high.
In short, the day was sideways with a positive close.
What's for Tomorrow
Bullish Bias
Flat or gap-up opening
Immediate support at 18160-18180
Sustaining above 18230, nifty can move towards 1850-18380 levels in no time.
