Nifty update on 13th Dec 2021Good morning everyone, I hope you guys have a great weekend. Now time to get back to work and talk about the first trading day for this week. The Index is trading on the hourly resistance (17,600 to 17,650), and a breakout can change the hourly trend downtrend to an uptrend, but the problem is that the higher time frame is still negative Intraday is a bit risky these days.
India USD and SGX are both trading on a positive note. CMP is 17,657, almost 150 points up from our Friday closing, so there are higher chances of seeing a gap again.
Intraday Trade Setup on 13th Dec. 2021
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Intraday Resistance : 17,600
Intraday Support is: 17,380
Key Resistance : 17,840
Key Support:17,000
Trade Accordingly.
Good Luck
Niftyintradaylevels
Nifty Futures Key Trading Levels for 10th Dec 2021Nifty Futures Key Trading Levels for 10th Dec 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 9th Dec 2021Nifty Futures Key Trading Levels for 9th Dec 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 8th Dec 2021Nifty Futures Key Trading Levels for 8th Dec 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NIFTY-ANALYSIS-08-DEC-2021Long story short :
Monday Price opened below resistance zone. Pushed price all the way to its weekly support zone. On Tuesday , opened just above the support zone (target 1 on my weekly analysis) and bounced back to resistance zone. We are almost back to where we started this week
FOR ANY UPMOVE, PRICE NEEDS TO
SUSTAIN ABOVE THIS LEVEL.
Downside, 17074 will be immediate support. Breaching that level will take nifty to lower levels 16988 & 16903/16881 respectively
Nifty Futures key Trading levels for 7th Dec 2021Nifty Futures key Trading levels for 7th Dec 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 6th Dec 2021Nifty Futures Key Trading Levels for 6th Dec 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Update on 06th Dec. 2021
We have seen a 300 Points straight fall in the Friday trading session. The Index is falling with every rise. I have tried to explain the current market cycle in the daily time frame chart. Nifty has made a bearish long day candle in the daily time frame, completely engulfing the long bull candle of the previous session. Technically, such patterns are formed at the highs, and the area is considered a reversal pattern on the downside.
Wall Street's three leading indices fell on Friday, with the technology stocks-heavy Nasdaq Composite tumbling 1.9 percent, as investors bet that a strong jobs report would not slow the Federal Reserve's withdrawal of support while they grappled with uncertainty around the Omicron coronavirus variant. European markets also dropped earlier in the day, with the pan-European Stoxx 600 index declining 0.6 percent.
The overall sentiment is Negative.
Nifty Intraday Trade Setup for 6 Dec. 2021
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Intraday Support is: 16,150
Intraday Resistance is: 17.350
Key Resistance is: 17,600
Key Support is: 16,780
Nifty Update on 03rd December 2021Nifty has shown a trend reversal in the hourly time frame, breaking the critical level (17,350) and closing above on it. The daily trend is bearish, and the hourly trend is bullish, which creates confusion in intraday. You Guys need to understand both of the time frames to build your trade-in intraday. In a shorter time frame, the Index can move upside, but swings are messy because daily sentiment has not changed yet, and FIIS continues selling in the market.
SGX and India USD are trading on a flat note; the Current CMP is 17,419, a sign of a small gap or a flat opening.
Important support to watch in the Intraday is: 17,300 to 17,25
Important Resistance watch in the Intraday is: 17,500
Trade Accordingly.
Nifty Futures Key Trading Level for 3rd Dec 2021Nifty Futures Key Trading Level for 3rd Dec 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 2nd Dec 2021Nifty Futures Key Trading Levels for 2nd Dec 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 1st Dec 2021Nifty Futures Key Trading Levels for 1st Dec 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 30th Nov 2021Nifty Futures Key Trading Levels for 30th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 29th Nov 2021Nifty Futures Key Trading Levels for 29th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 25th Nov 2021Nifty Futures Key Trading Levels for 25th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 24th Nov 2021Nifty Futures Key Trading Levels for 24th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 23rd Nov 2021Nifty Futures Key Trading Levels for 23rd Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 22nd Nov 2021Nifty Futures Key Trading Levels for 22nd Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 18th Nov 2021Nifty Futures Key Trading Levels for 18th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 17th Nov 2021Nifty Futures Key Trading Levels for 17th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 16 Nov 2021Nifty Futures Key Trading Levels for 16 Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty 15th Nov SetupHello guys,
Nifty is trading in a simple ascending channel pattern which has been followed for a week now and there in not so significant move in Nifty that can decide the future trend of the the market in some more detail, but apart from being an ascending channel pattern it also looks to me like a expanding triangle/wedge pattern in making but we won't know for sure until later.
Nifty 15th Nov:
Buy Above: 18115
Sell Below: 18055
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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Nifty Futures Key Trading Levels for 15th Nov 2021Nifty Futures Key Trading Levels for 15th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.