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Niftylevels

NIFTY Prediction today 1st Nov 23NIFTY was quite Bearish yesterday as we discussed the levels and trendlines respected quite well. a short trendline is broken to downside and selling presure was more to downside, by looking of the trend yesterday nify seems bearish for this week. Reason: 200 EMA Resistance (Good Resistance) (Bearish) Price Action Resistance (Red Zone upside) (Bearish) Yesterday Heavy selling presure Price < (13,50) EMA (shows bearish) PCR = 0.75 (mild Bearish), MAX Pain = 19100 RSI > 40-60 (Sideways) Verdict: Bearish Plan of action: look for initially 15 min. follow the trend. Sell high levels.
NSE:NIFTYShort
by finnova_
NIFTY S/R LevelsI 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 typically prevents the asset from rising higher. They serve as key reference points for technical analysis
NSE:NIFTY
by IIT-Trader
5
Nifty Downtrend Consolidation 30-10-23Hey Folks My nifty Update is here As we can see we are retestion the previous low of 25th october and can see the sellers moving in .We can see lots of side ways action for some days or maybe more downward continuation As we can see the rsi levels are oversold buyers should starting to develop the interest but for short term my target is around 18900 like i can see it going there in monday if we didnt get some news that may reverse the trend
NSE:NIFTYShort
by D3ffyDuck
NIFTY--19100 Or 18600 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 typically prevents the asset from rising higher. They serve as key reference points for technical analysis
NSE:NIFTY
by IIT-Trader
8
NIFTY50 Daily timeframe analysisNIFTY50 Daily timeframe analysis All Time Swing High Swept Recent 3 candles down side move is impulsive and it has closed below 21 EMA. If trend-line and fib 0.618 level break and close below then it is possible to see all below target. Sell : 19530 with SL: 19655 Targets: T1: 19225 T2: 19020 T3: 18750 T4: 18510 Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
NSE:NIFTYShort
by sugatmankar
Will nifty take support or Fall?Nifty have been falling for last whole week. Now it has come to the zone where it has a nice support zone. Nifty might take support near 19250 as shown in the chart. Nifty seems to be roaming in Range of 19250 - 19500. Reason: Price < EMAs(13,200) (Bearish) 15 < RSI < 30 shows oversold zone. but having Less strength means weak bull power. PCR = 0.55 (Bearish) Price < 200 EMAs shows in bearish zone. (Bearish) Price < VWAP (Bearish) it has been a heavy fall might consolidate here. Verdict : Bearish, but also having price action level where it might take support. Plan of action: Wait for market to show a bullish signal like double bottom or bullish hammer. once direction is confirm then make the postion. if break to downside let it retrace and then go Bearish.
NSE:NIFTY
by finnova_
NIFTY--Support @19360 ??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 typically prevents the asset from rising higher. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support
NSE:NIFTY
by IIT-Trader
3
NIFTY--Consolidation @19550-19450 ?? 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 typically prevents the asset from rising higher. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support
NSE:NIFTY
by IIT-Trader
5
NIFTY--Liquidity lies @19500I 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 typically prevents the asset from rising higher. If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support
NSE:NIFTY
by IIT-Trader
3
NIFTY--Near its Trendline??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 typically prevents the asset from rising higher. If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support
NSE:NIFTY
by IIT-Trader
2
17 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A gap up opening if Banknifty sustains Above 44200 and takes Support from 44200 then open target for T1-44300, T2-44400,T3-44600 If the Banknifty gap up opening sustains Below 44200 and takes resistance below 44200 then the open Targets for T1-44000, T2-43900,T3-43800 Major Levels 44200,44000,44400 If the market stands in this area of 44400 to 44200, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
NIFTY - PROCEED WITH CAUTIONNifty has shown good bounce after a heavy sell off. However, it has now taken resistance at 0.618 levels of 19,840. With results season kicking in, and another lukewarm IT season looming, Nifty seems to take a pause. With rising uncertainty in the Middle East and FOMC's strong hawkish stance (FOMC minutes will be out tonight), the index is likely to stay sideways to bearish for a few sessions barring any new significant developments. No fresh rally is expected unless it takes out 19,840 on closing basis.
NSE:NIFTY
by DhruvDeora
NIFTY--BearishGap @19900 ??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 typically prevents the asset from rising higher. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support.
NSE:NIFTY
by IIT-Trader
1
What after nifty breakout now?As per out last analysis nifty has breakout that falling wedge pattern. yesterday as it was expiry it was range bound in the range 19780-19830. today's momentum will decide which side nifty is going to move. so we have to keep our bias neutral. Reason : Sideways range bound moment whole day yesterday. (Neutral) nifty has given the breakout of falling wedge. ( Bullish) Option chain PCR = 1.01 (Bullish but its initial 1st day of week) RSI < 50 downtrend (Bearish) Price < EMA(13) (Bearis) Verdict As Biases are both side Its Neutral Plan of Action: wait for 15 min candle and then make positions as marked on the chart.
NSE:NIFTY
by finnova_
NIFTY--Consolidation + Down= Rise from Trendline??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 typically prevents the asset from rising higher. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support.
NSE:NIFTY
by IIT-Trader
4