Nifty Confusing Hi
As per finding, Nifty looks like doing two pattern 1) Leading Diagonal or 2) WXY correction.
So today is going to be trend deciding day for Index.
We take out yesterday high, it means we moving up then trade plan will be every dip should consider as buying opportunity
OR
We break below 18070 to 18050 then fall will be sharp.
Best of Luck!!
Niftyview
Nifty Kel Levels and Zones For Intraday [15 Nov 21]Nifty at resistance levels. So, if it shows some kind rejection near previous day High then downside is possible. However, better wait for break of trendline that may drag Nifty near 18000 levels.
In case, Nifty breaks above Previous day High and sustains above that key level, then you might see strong momentum.
Watch the key levels
Nifty Trade Setup for 08th Nov. 2021s3.tradingview.com
Good Morning, Everyone. I hope you guys have enjoyed this long weekend. Now time to go back to work. First, Our Market has been closed Thursday and Friday sessions, but India USD and Sgx are both open. India USD is trading on 17,987, which is a clear sign for a gap-up opening.
I did some analysis yesterday and found that the IT and Auto sector can lead nifty in this week.
I Have posted two charts and tried to explain the current market scenario. We can see a short-term uptrend in the 15-minute time frame. 18,035 is the Harmonic PRZ area, which is confirmed as resistance in a 2-hour time frame as well.18,035 is a critical level in the Intraday can accept a short-covering move on breakout
Key & Intraday Resistance : 18,035-18,050
Intraday Support : 17,900
Key Support : 17,750
Trade accordingly
Nifty 50 Intraday Trade Setup for 01st November 2021
Good Morning
I hope you guys had a great weekend
We were closed on Friday at 17,671, which was almost 1.04% negative from the previous trading session. The index looks weak here and can correct more in the upcoming days. FIIS profit booking is continuing, and this is the main reason for a current downfall. Over than 63,000 crores Cash out from the market, which is a considerable amount.
The main question is, what is our trade setup for today and in the upcoming days. Let's talk about the Important Levels.
Resistance 1 : 17,950
Key Resistance : 18,050 to 18,100
Key support : 17,650
Today Trade setup
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India usd and sgx nifty has recovered in the Friday trading session after our market and managed to close at 17,796, almost 100-120 points up from our market closing. A sign for an 80-100 points gaps up the opening. Market sentiment is negative,so you must be careful and prefer the range shift strategy (wait to break out for the first 30-45 Minutes range)
NIFTY : Level for 26th OctNIFTY : Level for 26th Oct
Nifty traded very well today.
17950 is very strong support for nifty and preparing for 18600 again
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
NIFTY: Monthly to 3 min Analysis NIFTY : Month
Based on this analysis : Nifty is trading near support. once its sustain here, we may see again new ATH
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Nifty Update for 20th October 2021
NIFTY50 INDEX has given a non-stop rally from 8th October and made an All-Time High of 18,600, from where we have seen a selloff.
Bear Sentiment is on and it will continue if the low of 18,380 is broken.
High probability trade is on the short side as Index has formed a Harmonic Half Bat pattern and its neckline is placed at 18,380
Consider a short position below 18,380
Or short from 18,500 levels if we see a gap up opening in the Indian Indices.
18,480-18,520 is resistance and will act as a supply zone.
Trade setup
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Key RESISTANCE is: 18,500
Key SUPPORT is: 18,200
Trade Accordingly!