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Niftyindia

NIFTY Daily Analysis - 29th Jun 2022 - IndecisiveHi Traders/Investors, NIFTY is looking quite neutral as this point, waiting for the news on US GDP data. NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline. On UPSIDE, strong resistance is from SELL ZONE between 15927 - 15927 levels, crossing which it would go for Gap filling from 15927 to all the way till 16175. On DOWNSIDE, There is a big Buy zone between 15690 - 15610 levels. Regards, Anshul
NSE:NIFTY
by simplyansh
#Nifty || 30th June 2022 || Falcon Trader Analysis for #Nifty50Greetings! Nothing has changed, and my view remains the same. We are looking at Blue B and we will go there in zig zag fashion. Usually one complete wave finishes in 3 or 5 sub waves or you can say 3 or 5 zigzags. There is a zig zag indicator also that you can use. So let's wait for B to finish before taking longs. Yes intraday levels, you can still play around on 5 or 15 min time frame, but I want to focus on wave counts and if you want to make money - then key is to remain with trend. So what are we looking at? Blue B is my daily Falcon Wave count, once that finishes then there will be good up move. My buying area will be using Falcon trigger line method, that is wait for green candle closing after previous red candle, only after we reach wave B around 15500 levels. Enjoy trading! Comment for questions, I will try to answer if i know the answer ...
NSE:NIFTYShort
by Falcon_Trader_1
6
#Nifty || 27th June 2022 || Falcon Trader AnalysisFalcon Waves are perfectly showing the trend, still waiting for Blue A that comes from daily analysis . Current target is still upside at 15800 levels. Some people who focus on timing the market, like Gann timing etc. are now saying down time is gone because it did not happen and abc time, so now trend change. This is exact same reason why I don't like to stick to one method, because nothing works 100% - we are playing with emotions, on top of that your own hard work, luck or astrology whatever you want to call will also play. So all the best, focus on risk management and make it your strong point. I also update charts live in the market. So follow me here and on social links mentioned below. Thank You! Let me know in comments if you want Bank Nifty analysis too!
NSE:NIFTYLong
by Falcon_Trader_1
NIFTY Weekly Analysis: 26th June. SHORT before LONG!Hi Traders/Investors, I see NIFTY on Friday 26th 2022, couldn't close above 21st June's High price of 15707 and secondly it closed below 15700. I know DOW and S&P500 both closed well in green with more than 2.6 - 3% on Upside. But when I see NIFTY chart and Open Interest in the system, there are lot more Calls in system than Puts. Also, if I see FII data they sold more than 2000crores on Friday as well. So, my trade for next week would continue to be on the downside, I don't see Bullish signs yet in NIFTY as NIFTY gave close to half it gains from High it made on Friday. This might sound like a contrarian view against general views, but often markets do quite the opposite of what masses think. I hope I'm wrong but if I'm right you'll thank me later! :) So, the two trendlines which you see in the chart, I'm expecting if market opens flat and then the red trendline break out on good volume on upside, I might add some LONGs. BUT, if its a big Gap-up opening, I might add SHORTs at 16000 and 16200 levels. Remember these are positional calls and not Intraday. Please take positions at your own risks and these are not Buy/Sell recommendation but my personal view on markets. Regards, Anshul
NSE:NIFTYShort
by simplyansh
Medium Term Market (Nifty) Outlook. Nifty confirmed support at 15180-191 range and pushed ahead. Time will tell if this is a temporary or permanent support but for now a closing on Friday above 15650 levels is a good sign for now. Closing above near term resistance of 15750 would have been even better but current closing is also not bad. Support and resistances in the near term are as under: Nifty Resistances: 15750, 15880, 16030 and finally 16174. Closing above 16174 can further strengthen Nifty and send it towards 16400 and finally 16785 in the short to medium term. Nifty Supports: Supports for Nifty can be seen near 15622, 15500, 15368 and finally 15182. Below 15182 only major support is near 15050. Below 15050 we can see a free fall towards 14500/14300 or even 13700-800 levels in very unlikely circumstances.
NSE:NIFTYLong
by Happy_Candles_Investment
#Nifty || 23rd June 2022 || Falcon Trader || Daily Analysis On 22nd June we were expecting wave b of Falcon Wave and it was perfect. But is that finished? We also tried to use Elliott Wave but looks like that was not impulse as wave 4 went below 61.8% However we were expecting wave b of Falcon wave and it can go down to 15300 levels. For today, I will wait and watch SGXNIFTY looks stable There is possible momentum for upside as Falcon Waves C is pending but todays price action will determine next week's price action Thursday is tricky... and we can win if we follow basic rules. Always use risk management - use stop loss - think before you act - act before you think Top things to keep in mind: 1. We have to go up one last time, but this is not reversal zone (in 1H) - a small dip to 15300 is possible How can I plan reversal: 1. You can use RSI crossover 2. You can wait for one green candle closing above previous red candle
NSE:NIFTYLong
by Falcon_Trader_1
Nifty50 is in Strong Downtrend momentumNifty50 is in strong Downside momentum 1. Nifty50 is forming lower high pattern which indicates market is in downtrend 2. ADX shows the short-term uptrend is weak and its show the maximum strength in downside 3. RSI is in oversold region; RSI will rebound, and Fall after Nifty reaches 15890 4. I am expecting a rejection over above 15886 level and then Nifty will create a new lower high as shown in the above chart 5. Usually in Downtrend market there will be short rally but in every short-term rally there will be huge selling Finally, 1.Traders please focus on capital protection rather than making profits as this market is highly volatile and sideway we need a proper confirmation in the nifty50 chart for further move so wait till nifty reaches above 15886. 2. Reduce your trading activity and wait for confirmation Personal Advice: {if you see any rally in the market try to take short position as uptrend is very weak} See you guys on other technical analysis idea Thank you for spending your valuable time over here Guys if you want to ask any question and doubts ask in the comments section below - Varun Raja V.K Disclaimer Above said points are my opinion and thoughts and its only for Educational Purpose I am Not an SEBI registered advisor so consult your SEBI registered advisor before doing anything
NSE:NIFTYShort
by VarunRajaVK
4
Nifty Forming a temporary base? Or start of new bullish phase?Market is trying to form a bottom or at least a temporary bottom near 15184 levels. Crossing 15676 is the key. If this level is crossed the next resistance will be near 15887. Crossing 15887 will open the doors for 16300, 16796 and if all goes well 17300 levels. On the down side if 15184 is broken the only support will be at 15050. Falling below 15050 will unleash the bears and we can see the NIFTY fall to 14700 or lower levels.
NSE:NIFTYLong
by Happy_Candles_Investment
NIFTY shied away touching SELLZone, still looks weak on Daily TFNSE:NIFTY NIFTY made a pretty good Directional move on the UPSIDE. It touched 15700 and from there some selling came in. It almost reached our SELL Zone which is still intact. NIFTY might face huge resistance in this Sell Zone between 15730 - 15950 levels, specially at 15887 level from where the last big fall came in. On Downside, 15460 level is a major Support and if it breaks next level on downside would be 15157 levels.
NSE:NIFTY
by simplyansh
Nifty hovering around critical support of 15050.Holding 15050 will be very critical for Nifty 50 in order to not fall totally into the bear grip. Not that Nifty isn't in bear grip already but falling below 15050 will be indication of real weakness which can take Nifty searching for supports which might be available only near 200 weeks EMA or there about. Critical Support Zone for Nifty or (Reversal zone 1) can be 15180 and 15050. Closing below 15050 would mean that critical support has been broken. Further Strong supports thereafter will be: 14692(Reversal Zone 2), 14356, 13945 and finally 200 Weeks EMA at 13767. (Reversal Zone 3). Once there is a strong reversal the resistances will be: 15949, 16529, 16912 and finally 17308. Whenever the next bull-run starts the new top will be around 20203. (Medium to long term out-look is still very positive).
NSE:NIFTY
by Happy_Candles_Investment
#Nifty || 17th June 2022 || Falcon Trader || Daily AnalysisStory time, I knew FOMC meeting will happen, 75BPS is priced in, but I was not carrying any positions. Before mega event it is better to avoid holding positions as it will never help. Market opened gap up and stop loss of many triggered, and people who were writing puts squared off and so on. Followed by massive call writing and sharp selling leading to wave 5th formation. Thus completing our story of wave 5th of 3rd. Now I think price should go up in 3 waves ABC format for wave 4. Tricky but sweet and people who were late at shorting will learn a lesson. Having said that, I myself made few mistakes and had to close my positions and open new ones. Falcon has speed and can fast trade and switch sides. Hope this chart helps. Like and follow for more analysis daily. Once we touch 15900 levels, we can plan to short again... till 14K levels and beyond. Time will tell, lets focus on one day at a time
NSE:NIFTY
by Falcon_Trader_1
#Nifty || 14th June 2022 || Falcon Trader || Daily Analysis We are moving as per plan. A complete Falcon Wave count was shared in 13th June Analysis post - link below. Now we move up in a very short term relief, the perfect trading will require you to trade in the direction of trend which should be bearish at the moment, meaning look for shorts only. Small target around 15900 levels, followed by continued massive downward pressure. This should last till 15K levels before we get some relief. Main support zones which will be destroyed as price will pierce through them will be 15700 and then 15300 - while bulls will order samosa today, but later they will become samosa vendor (pun intended) when the price will rock bottom as bears will continue to attack. Don't forget the updated Game Chart where I discuss how we have entered Hell Fire which has a price magnet attached - this means more pain for people who were thinking of moon. Let the summer finish first. Now only Falcon can help you to take the speed ... If you like my analysis and charts then don't forget to hit the like button. Share more - show some love!
NSE:NIFTY
by Falcon_Trader_1